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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
Corn Pulling Back Despite Positive Export Sales Data
The corn market is trading with Friday midday losses of 3 to 4 cents across the front months, despite a USDA’s Export Sales report. The national average Cash Corn price from cmdtyView is down 3 1/2 cents at $4.51. Export Sales for 2024/25 corn totaled 1.66 MMT in the week...
From
Austin Schroeder
via
Barchart
Soybeans Falling Double Digits with Meal Losses
Soybeans are posting 6 to 10 ½ cent losses far on Friday’s midday. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.94 ¼. Soymeal futures are down $11.30/ton so far at midday. Soy Oil futures are up 7 points. Weekly Export Sales data was a...
From
Bloomberg
via
gCaptain
Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
By Grant Smith and Salma El Wardany Jan 24, 2025 (Bloomberg) –US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his...
From
Reuters
via
gCaptain
Vessels Report Radio Challenges in Northern Gulf Amid Iranian Exercise
Vessels in the northern Gulf have received multiple VHF radio challenges, including demands to alter course, the United Kingdom Maritime Trade Operations said on Friday, adding they could be part of an Iranian military exercise.
From
Reuters
via
gCaptain
Russia Says it Does Not Threaten Undersea Cables After UK Raises Alarm
LONDON, Jan 24 (Reuters) – The Russian Embassy in London said that Russia posed no threat to undersea cables in Britain and other NATO countries, after UK defence minister John Healey accused Moscow of “malign...
From
Mike Schuler
via
gCaptain
Report: U.S. Vessel Approached by Military Craft in Persian Gulf Amid Iranian Naval Exercises
A U.S.-flagged cargo ship was reportedly targeted by a small military craft in the Persian Gulf on January 24, amid ongoing Iranian naval exercises in the region. The incident, which...
From
Mike Schuler
via
gCaptain
LNG’s Banner Year: Record Surge in LNG-Fueled Ships Marks 2024 as a Turning Point
The maritime industry’s transition to cleaner fuels reached a significant milestone in 2024, with the adoption of LNG-fueled vessels experiencing unprecedented growth. According to SEA-LNG’s annual ‘View from the Bridge’...
From
The Loadstar
via
gCaptain
Container Spot Rates Dive as Lunar New Year and Suez Resumption Rattle the Market
The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this weekend to see in the Year of the Snake.
From
Mike Schuler
via
gCaptain
Hybrid Warfare: Russian Spy Ship in English Channel Highlights Escalating Risks
The Royal Navy’s recent interception of the Russian spy ship Yantar in the English Channel marks the latest development in a series of incidents underscoring the growing threat of hybrid warfare at...
From
Phillip Streible
via
Barchart
Central bank buying of gold has helped ease pressure on global currencies vs. the dollar
Phil Streible joined CNBC this morning to break down how central bank gold buying has eased pressure on global currencies against the dollar. Tune in!
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower Ahead of Export Sales Data
The wheat market is trading with losses on Friday morning. Wheat futures closed out the Thursday session mixed with the hard wheats falling lower. Chicago SRW futures came back to steady/fractionally higher trade at the close. KC HRW futures were down 4 to 5 cents in the front months, with...
From
Austin Schroeder
via
Barchart
Soybeans Facing Double Digit Losses on Friday Morning
Soybeans are trading with 12 to 16 cent losses to begin Friday AM trade. They posted 6 to 10 cent gains across the nearbys on Thursday, bouncing back from the Wednesday losses. CmdtyView’s national front month Cash Bean price was down 9 1/2 cents at $10.05 ¾. Soymeal futures were...