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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Mike Schuler
via
gCaptain
Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions
U.S. Energy Secretary Chris Wright says the military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz on Tuesday, an extraordinary figure...
From
Bloomberg
via
gCaptain
Saudis Shuttle Oil North On Tankers To Evade Houthis
By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern route, as Iran-backed militants target the kingdom’s...
From
Reuters
via
gCaptain
Iran Grants Permission For A Number Of Iraqi Oil Tankers To Pass Through Hormuz
Aug 22 (Reuters) – Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state...
From
Malte Humpert
via
gCaptain
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
Chinese container carrier NewNew Shipping Line has expanded its footprint in Russia’s Arctic with the first delivery of containerized cargo to Murmansk via the Northern Sea Route, as the company moves toward a larger role in a shipping corridor attracting growing interest from China, South Korea and India.
From
The Loadstar
via
gCaptain
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
From
Bloomberg
via
gCaptain
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US.
From
Reuters
via
gCaptain
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.
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From
Darren Carlat
via
Barchart
Soybean Meal is at its lowest carry yield for the past 52 weeks. Arabica Coffee is at its highest level
Arabica Coffee has been steadily climbing higher and higher for the past year. The May 2025 contract closed Tuesday at $404.40 which is 16% higher than the May 2026 contract at $339.65. Traders have the opportunity to sell the May contract and profit as prices roll down towards the May 2026 contract,
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
The Beans Broke, as the Cattle Markets Took a Knee
From
Bloomberg
via
gCaptain
Milei’s Plan to Boost Argentina’s Farm Exports: A Deeper River
The Paraná is Argentina’s gateway to global markets. Around 80% of all the country’s crops are loaded on its shores. But the shipping channel hasn’t been deepened since 2006 — even as global soy commerce has doubled in the same period.
From
Austin Schroeder
via
Barchart
Soybeans Face Double Digit Losses on Wednesday Selling
Soybeans closed out the Wednesday session, with contracts 11 to 16 cents in the red across most months, led by the nearbys. New crop seems content with not buying soybean acres, as the current soy corn ratio is 2.20. The average close in February for November futures, used to determine...
From
Austin Schroeder
via
Barchart
Corn Bulls Post Gains on Wednesday
Corn futures shrugged off the losses in the bean and wheat markets, with contracts holding onto gains in at the close. They ended the midweek session with gains of 3 to 4 ¼ cents. The current new crop soy/corn ratio is 2.20, as the market continues to try and buy...
From
Austin Schroeder
via
Barchart
Wheat Weakens on Wednesday
Wheat futures held onto the weakness into the close on Wednesday, with losses in the three markets. Chicago SRW futures were down 2 to 3 cents across the nearbys on the day. KC HRW futures were faced with fractional to 2 cent losses at the close. MPLS spring wheat was...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Releases Audio Recording of Titan Submersible’s Fatal Implosion
The U.S. Coast Guard has released an audio recording of the Titan submersible‘s fatal implosion from June 18, 2023. A NOAA moored passive acoustic recorder, situated about 900 miles from...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Releases Audio Recording of Titan Submersible’s Fatal Implosion
The U.S. Coast Guard has released an audio recording of the Titan submersible‘s fatal implosion from June 18, 2023. A NOAA moored passive acoustic recorder, situated about 900 miles from...
From
Mike Schuler
via
gCaptain
Port of Brunswick Becomes Nation’s Busiest Auto and Heavy Equipment Port in 2024
The Port of Brunswick‘s Colonel’s Island Terminal has emerged as the United States’ leading port for automotive and heavy equipment cargo, processing more than 2 million tons of Roll-on/Roll-off (RoRo)...
From
Chris Swift
via
Barchart
Spooked
I am spooked. I am spooked because I can't find a time in history for which so much inflation was caused by the excessive printing of money, stripping age old supply lines that have never been impacted by demand like this.
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower on Wednesday
Wheat futures are trading with losses at midday across the wheat complex. Chicago SRW futures are showing just fractional to 2 cent losses so far on the day. KC HRW futures are just fractionally in the red at midday. MPLS spring wheat is 4 cents in the red so far...
From
Austin Schroeder
via
Barchart
Corn Popping Back Higher at Wednesday’s Midday
Corn futures are posting midweek strength, as contracts are up 2 to 4 cents across most contracts on Wednesday. The cmdtyView national average Cash Corn price is up 3 1/2 cents at $4.53 1/4. USDA reported a private export sale of 130,320 MT of corn to unknown destinations for 2024/25...