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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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Jim Roemer
via
Barchart
A parade of storms: Implications for energy trading & How it will help the U.S. wheat crop
Jim’s Video gives his take on how the storms will play out for certain markets
From
Austin Schroeder
via
Barchart
Soybeans Fall on Tuesday, Despite Tightening World Stocks
Soybeans slipped lower on Tuesday despite tightening world supplies per USDA data, as contracts closed with 2 to 6 cent losses, led by the front months. CmdtyView’s national front month Cash Bean price was down 6 cent at $9.82 3/4. Soymeal futures were down $3.60/ton, as they failed to find...
From
Austin Schroeder
via
Barchart
Corn Falls into the Close Despite Smaller South American Crops
Corn futures failed to see much positive reaction post-USDA report on Tuesday, despite a cut to both the Argentina and Brazilian crops. Contracts closed with losses of 6 to 8 cents in the front months and a penny lower in new crop December. The national average Cash Corn price from...
From
Austin Schroeder
via
Barchart
Wheat Fails to See Strength on Bull Friendly USDA Report
The wheat market posted losses across the three exchanges on Tuesday, failing to see any follow-through buying on bull friendly USDA data. Chicago SRW futures were down 1 to 2 ½ cents on the day despite midday gains. KC HRW futures faced some pressure, as contracts were 4 to 5...
From
Sean Lusk
via
Barchart
Grain Spreads: USDA Punts
Ending Stocks for Corn and Soybeans Unchanged from January
From
Mike Schuler
via
gCaptain
Tanker With Oil From Sanctioned Russian Producer Idles Off India
An oil tanker carrying crude from a Russian producer that was recently sanctioned by the US has been floating off West Coast of India for two days, raising a question about whether authorities in the south Asian country will allow the vessel to deliver its cargo.
From
Blue Line Futures
via
Barchart
February WASDE Recap
Global balance sheets provide silver linings in a largely uneventful USDA report.
From
Chris Swift
via
Barchart
"Shootin' the Bull" about digging the trap deeper
The tiger trap was dug deeper today. Cattlemen hedging now will face greater probability of loss due to width of positive basis.
From
Mike Schuler
via
gCaptain
NTSB: Improper Anchor Chain Scope Led to $1.5M Vessel Loss in Caribbean
The National Transportation Safety Board (NTSB) has determined that inadequate anchor chain scope and navigational errors led to the grounding and total loss of the cargo vessel Bonnie G in St. Thomas,...
From
Mike Schuler
via
gCaptain
GAO Report: Coast Guard Faces Critical Cybersecurity Gaps in $5.4 Trillion Maritime Transportation System
The U.S. Maritime Transportation System (MTS), handling over $5.4 trillion in annual goods and services, faces significant cybersecurity vulnerabilities amid increasing threats from foreign actors and criminal organizations. A new...
From
Mike Schuler
via
gCaptain
Drewry Survey: Red Sea Chaos Expected to Ease in 2025, But Trump Tariffs Loom Large
A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of 2025, while bracing for escalating U.S....
From
Mike Schuler
via
gCaptain
South Korean Shipping Giant HMM Posts 500% Operating Profit Surge Amid Market Upheaval
South Korean shipping giant HMM delivered strong financial results in 2024, with revenue reaching KRW 11,700 billion (USD $8 billion) and operating profit hitting KRW 3,513 billion (USD $2.3 billion)...