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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
Reuters
via
gCaptain
British Army Sailors Rescue Exhausted Owl 70 Miles Out To Sea
Aug 22 (Reuters) – A British Army sailing crew competing in one of yachting’s most demanding races found themselves conducting an impromptu wildlife rescue 70 nautical miles from shore when an exhausted...
From
Reuters
via
gCaptain
India Launches Rescue Operation As Bulk Carrier Sinks Off East Coast
By Nidhi Verma, Saurabh Sharma and Jatindra Dash Aug 22 (Reuters) – India’s maritime rescue agency lost communication on Saturday with a Panama-flagged cargo vessel that sank off the coast of eastern...
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.
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From
Reuters
via
gCaptain
Dorange Becomes Youngest Sailor To Complete Vendee Globe
Feb 9 (Reuters) – At 23-years-old, Violette Dorange became the youngest sailor to finish the after completing the gruelling solo round-the-world yacht race on Sunday. Dorange completed the race in 25th place...
From
Reuters
via
gCaptain
Baltic States Switch To European Power Grid, Ending Russia Ties
By Andrius Sytas and Janis Laizans VILNIUS, Feb 9 (Reuters) – The Baltic states of Estonia, Latvia and Lithuania completed a switch from Russia’s electricity grid to the EU’s system on Sunday, severing Soviet-era...
From
Nick Ehrenberg
via
Barchart
Why Fibonacci Retracements Matter, Grains
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Bloomberg
via
gCaptain
Chevron Says Fading US Crude Growth Casts Pall On Port Projects
By Lucia Kassai Feb 8, 2025 (Bloomberg) –Slowing US oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp. New terminal...
From
Bloomberg
via
gCaptain
Russia’s Rostelecom Says Baltic Sea Cable Damaged
By Bloomberg News Feb 8, 2025 (Bloomberg) –A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider...
From
Malte Humpert
via
gCaptain
First LNG Carrier in Five Months Passes through Bab-el-Mandeb Strait as Houthi Threat Eases
Liquid natural gas producers have been avoiding the Red Sea for much of 2024 amid continuous attacks by Houthi militants. This may now be changing as the first LNG carrier...
From
Bloomberg
via
gCaptain
Russia Faces An Impending Oil Tanker Crisis As Sanctions Pile Up
By Julian Lee Feb 7, 2025 (Bloomberg) –On Jan. 10, the US Treasury sanctioned 161 oil tankers for their role in moving Russian oil. It was part of a raft of...
From
Reuters
via
gCaptain
Coast Guard Finds Wreckage Of Missing Alaska Plane; All 10 On Board Killed
By Rich McKay and Brad Brooks Feb 7 (Reuters) – The U.S. Coast Guard in Alaska found the wreckage of a small plane atop frozen sea ice on Friday, after the aircraft suddenly lost...
From
Jim Roemer
via
Barchart
A Split in the Polar Vortex: Huge Snows Ahead & Implications for Energy Markets and Global Wheat Crop Concerns
Watch Jim’s video about the coldest and snowiest Northeast U.S. February in many years… and the commodity repercussions
From
Austin Schroeder
via
Barchart
Soybeans Fall on Friday
Soybeans were to lower trade on Friday, with losses of 8 to 11 cents in most front months. Nearby March was up 7 ½ cents on the week despite the Friday pressure. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.88 ¾. Soymeal futures were down...
From
Austin Schroeder
via
Barchart
Corn Bulls Take Some Risk Off Heading into the Weekend
Corn futures were feeling pressure on Friday, with losses of 3 to 8 cents, as the front months took the brunt of the hit. March still held the gains prior to the Friday session, up 5 ½ cents in the week. The national average Cash Corn price from cmdtyView was...
From
Austin Schroeder
via
Barchart
Wheat Closes the Week with Weakness
The wheat complex posted losses on the Friday session. Chicago SRW futures were down 3 to 5 cents in the nearbys on the day, with March up 23 ¼ cents on the week. KC HRW futures were 2 to 4 cents lower in the front months, as March rallied 25...