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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
Bloomberg
via
gCaptain
Oceans Are Warming Faster and Faster as the Earth Traps More Energy
The world’s oceans are warming four times faster than they were in the late 1980s, according to a new study. The alarming acceleration helps explain why 2023 and 2024 saw unprecedented ocean temperatures — and more extreme storms.
From
Malte Humpert
via
gCaptain
Russian Nuclear Icebreaker Sustains Damage In Arctic Collision with Cargo Ship
Russian nuclear icebreaker 50 Let Pobedy (50 Years of Victory) suffered damage to its hull in a collision with a cargo ship while operating on the Northern Sea Route. Photos of the incident show a deep gash on the vessel’s port side near its bow.
From
Mike Schuler
via
gCaptain
Containership Abandoned in Red Sea After Fire, Crew Safely Rescued
The Hong Kong-flagged container ship ASL Bauhinia was abandoned in the Red Sea on Tuesday after catching fire, with all crew members safely rescued. The 1,930-TEU vessel, built in 2022,...
From
Mike Schuler
via
gCaptain
U.S. and UK Ships Transit Red Sea as Ceasefire Holds
Several U.S. and UK-affiliated vessels have successfully transited the Red Sea since the Israel-Hamas ceasefire took effect last week, signaling a potential gradual return of maritime commerce through the region...
From
Austin Schroeder
via
Barchart
Soybeans Showing Turnaround Tuesday Bounce
Soybeans are trading with gains of 2 to 4 cents so far on Turnaround Tuesday. The soybean market faced some selling pressure on Monday, with contracts down 5 to 11 cents at the close. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.84. Soymeal futures were...
From
Austin Schroeder
via
Barchart
Corn Posting Early Tuesday Morning Gains
The corn market is bouncing back from losses on Monday, with fractional to 3 cent gains. Corn futures rounded out the Monday session with contracts down 2 to 4 ½ cents at the close, pulling off midday lows. The national average Cash Corn price from cmdtyView was down 4 1/2...
From
Austin Schroeder
via
Barchart
Wheat Rebounding Early on Tuesday
The wheat market is trading with gains across the three exchanges on Tuesday morning. Wheat faced weakness on Monday, with the three markets falling lower. Chicago SRW futures were down 8 to 10 cents in the nearbys. KC HRW futures were 6 to 7 lower in the front months. MPLS...
From
Oliver Sloup
via
Barchart
Grain Markets Find Thier Footing in the Early Morning Trade
Grain markets have been relatively quiet overnight as market participants digest the volatile and information that led to a volatile start to the week in some of the outside markets.
From
Darin Newsom
via
Barchart
How Are Markets Acting Heading into the January FOMC Meeting?
A look at the Barchart Futures Market Heat Map early Tuesday morning showed nearly all sectors of the commodity complex in the red.
From
Reuters
via
gCaptain
Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data.
From
Mike Schuler
via
gCaptain
Nine Charged in Massive Smuggling Scheme at Ports of Los Angeles and Long beach
Federal authorities have uncovered a sophisticated smuggling operation at the Ports of Los Angeles and Long Beach, leading to the arrest of eight defendants in connection with a scheme to...