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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
Austin Schroeder
via
Barchart
Wheat Facing Losses on Monday
Wheat is trading with weakness on Monday, with the three markets heading lower. Chicago SRW futures are down 9 to 10 cents in the nearbys. KC HRW futures are down 6 to 7 in the front months. MPLS spring wheat is 8 to 9 cents in the red. USDA’s Export...
From
Austin Schroeder
via
Barchart
Soybeans Falling at Monday’s Midday
The soybean market is pulling back on Monday, with contracts down 7 to 11 cents so far. CmdtyView’s national front month Cash Bean price is down 10 3/4 cents at $9.84 1/4. Soymeal futures were down $4.90/ton, with Soy Oil futures down 27 points on the session. The weekly Export...
From
Austin Schroeder
via
Barchart
Corn Facing Losses Following Weekend Trade Tiff
Corn futures are trading with 5 to 7 cent losses across most contracts on Monday, as the markets are taking a risk off approach. The national average Cash Corn price from cmdtyView is down 6 1/4 cents at $4.45. USDA reported a private export sale of 139,000 MT of corn...
From
Reuters
via
gCaptain
Russia’s Ust-Luga Oil Exports Fall to 4-year Lows in January
Russia's Ust-Luga port cut its oil loadings by half of its capacity in January to a four-year low partly due to technical issues on Transneft's pipeline system, according to traders.
From
Reuters
via
gCaptain
Baltic Index Falls to Near Two-Year Low on Weaker Vessel Rates
Jan 27 (Reuters) – The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a 23-month low on Monday following a decline in rates across...
From
Oliver Sloup
via
Barchart
Volatility Sweeps Across the Markets to Start the Week
Weekend headlines have sparked a flurry of Volatility in commodity markets to start the week. Here's what's on our radar.
From
Mike Schuler
via
gCaptain
Red Sea Crisis Pushes Shipping Stores and Spares Costs Higher
The maritime industry has experienced mounting cost pressures in the past year as vessels reroute around Africa due to Red Sea security concerns. Shipping industry analysts at Drewry report that...
From
Mike Schuler
via
gCaptain
Coast Guard Icebreakers Free Trapped Bulk Carrier ‘Manitoulin’ on Lake Erie
U.S. and Canadian Coast Guard vessels successfully freed the Canadian-flagged bulk carrier Manitoulin after it became trapped in Lake Erie’s thick ice near Buffalo, New York on January 22. The...
From
Oliver Sloup
via
Barchart
Sunday Headlines Create a Flurry of Volatility Sunday in the Sunday Night Grain Trade
Weekend headlines created some volatility across futures markets to start the week. This is another reminder that we are in a moment in time where weekend headline risk does not just pertain to weather forecasts.
From
Austin Schroeder
via
Barchart
Wheat Slipping to Start the Week
Wheat is trading with Monday morning weakness of 3 to 6 cents across most contracts. The wheat market posted losses on Friday, as weaker export sales day resumed in the morning report. Chicago SRW futures were down 19 to 10 cents in the nearbys, with March up 5 ¼ cents...
From
Austin Schroeder
via
Barchart
Corn Falling Following Weekend Trade Tiff
Corn futures are down 4 to 7 cents so far on Monday morning trade following a weekend trade quarrel that is offering some risk off approach this morning. The corn market posted Friday weakness of 3 to 4 cent, as March was still up 2 ¼ cents on the week....
From
Austin Schroeder
via
Barchart
Soybeans Heading Lower on Monday Morning
The soybean market is pulling back on Monday AM trade, with contracts down 9 to 11 cents. Soybeans posted 4 to 10 cent losses on Friday, led by the nearbys, as March still managed a 21 ¾ cent gain last week. CmdtyView’s national front month Cash Bean price was down...