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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
Oliver Sloup
via
Barchart
Grain Markets Recover While Cattle Markets Tumble
Grain markets saw weakness early on but recovered to finish near the highs of the session. Cattle on the other hand saw aggressive selling amidst a technical breakdown spurred by long liquidation and concerns of a weakening fundamental backdrop
From
Chris Swift
via
Barchart
"Shootin' the Bull" about changes
A blind hog finds an acorn every now and then. The sun doesn't shine on the same dog's *ss every day, and once the music stops, the game of musical chairs is over.
From
Mike Schuler
via
gCaptain
BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions
Ship transits through the Panama Canal remain significantly lower than historical averages, with capacity down 10% between September 2024 and January 2025 compared to the 2019-2022 average, according to BIMCO’s...
From
Mike Schuler
via
gCaptain
Denmark Intensifies Inspections of Russian Oil Tankers in Critical Shipping Lane
The Danish Maritime Authority is intensifying oversight of oil tankers in the Skagen Roads area of the Danish Straits as part of a broader European initiative to crack down Russian...
From
Darin Newsom
via
Barchart
Tariff Fears and Weather Woes: How Uncertainty is Fueling Grain Market Volatility
Market analyst Darin Newsom believes current market fluctuations are driven by news headlines and manipulation, similar to 2017-2020, and that while some technical indicators may still be relevant, the market's reaction to news, including potential tariff increases and weather concerns, creates uncertainty and volatility across various sectors, impacting investor behavior and potentially leading to higher inflation and interest rates.
From
Austin Schroeder
via
Barchart
Wheat Posting Double Digit Gains on Thursday
Wheat futures are posting gains across the three exchanges so far on Thursday. Chicago SRW futures are up 13 to 14 cents in the nearbys. KC HRW futures are 12 to 14 cents higher in the front months at midday. MPLS spring wheat is 8 to 9 cents in the...
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing Higher After Morning Slip-up
The corn market is trading with 1 to 3 cent gains at Thursday’s midday, after seeing pressure at the 8:30 am CST open. The national average Cash Corn price from cmdtyView is back up 2 ¼ cents at $4.61 1/2. Export Sales data totaled corn bookings for 2024/25 at 1.477...
From
Austin Schroeder
via
Barchart
Soybeans Near Unchanged on Thursday
The soybean market is trading with contracts fractionally mixed at midday. CmdtyView’s national front month Cash Bean price is down 1/2 cents at $9.95 3/4. Soymeal futures are down $1.40/ton, with Soy Oil futures 3 points higher. This morning in his senate confirmation hearing, USTR nominee stated there would be...
From
Mike Schuler
via
gCaptain
Maersk Projects 4% Container Growth for 2025 as Red Sea Uncertainty Looms Over Global Trade
A.P. Moller-Maersk expects global container volume growth of approximately 4% in 2025, as the shipping giant adapts to ongoing Red Sea disruptions and potential supply-demand imbalances. The Danish shipping and...
From
Barchart Impact
via
Barchart
Top Online Trading Platforms for Commodities in 2024
Discover the 2024 top online trading platforms for commodities. Find the best fees, tools, and education options to enhance your trading journey.
From
Reuters
via
gCaptain
China’s Retaliatory Tariffs on Crude Likely to Push US Exports Lower in 2025
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year.
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions International Network Shipping Iranian Oil to China
The new sanctions target multiple entities across China, India, and the UAE, as well as four vessels: SIRI (formerly ANTHEA), OXIS, CH BILLION, and STAR FOREST.