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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.
The APS Information Center
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From
Austin Schroeder
via
Barchart
CornCorn Falling Back Lower to Kick Off Friday
The corn market is trading with Friday morning losses of 3 to 6 cents across the front months. Corn futures posted gains across the board on Thursday, as new crop kept up the pace with old crop and contracts 4 to 6 cents higher. The national average Cash Corn price...
From
Bloomberg
via
gCaptain
Turkey Bets on New Naval Clout for Edge in High-Seas Power Play
When Turkey’s navy welcomed two new ships to its fleet this month, officials left no doubt about the scale of their mission – or its geopolitical ambition.
From
Reuters
via
gCaptain
EXCLUSIVE-Japan’s JERA Plans to Expand US LNG Purchases to Diversify Energy Supply
Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Hits Second-Best Year in 2024
The Port of Los Angeles processed over 10.3 million container units in 2024, marking a nearly 20% increase from the previous year and securing its position as the second-best performance...
From
Darren Carlat
via
Barchart
Corn, Soybeans, and Gas Oil are at or very near their highest carry yield for the past 52 weeks
Corn broke through the downward trendline in early November and has been grinding higher ever since. Even though Corn has broken out, there is a disconnect between the current market price and the greatly elevated carry yield.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Make New all-time Highs
Cattle markets remain strong, rally to new highs
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Thursday
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 MPLS spring wheat 1 to 2 cents lower. Export Sales...
From
Austin Schroeder
via
Barchart
Soybeans Rebounds on Wednesday
Soybeans 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 mixed, down 50 cents in the nearbys and up 10 to 50 cents in...
From
Austin Schroeder
via
Barchart
Corn Holds onto Thursday Rally
Corn futures posted gains across the board on Thursday, as new crop kept up the pace with old crop and contracts 4 to 6 cents higher. The national average Cash Corn price from cmdtyView is up 5 1/4 cents at $4.55 1/2. Weekly EIA production totaled 1.099 million bpd in...
From
Oliver Sloup
via
Barchart
Ag Markets Continue to March Higher in Thursday’s Trade
Grain markets looked weaker in the early morning session, but buyers stepped in and pushed corn and soybeans to new highs for the move. More upside to come, or time for a healthy correction?
From
Alan Brugler
via
Barchart
Wheat Futures Still Mixed on Thursday, Diffferent Spreads
Wheat futures are mixed at midday, with Chicago SRW futures moving back into plus territory while the hard wheat contracts are down about 3 cents for the KC HRW and 1-2 for the MPLS spring wheat. The next 7 days are expected to be drier across much of the Southern...
From
Alan Brugler
via
Barchart
Corn Bulls Still in Control During Thursday Session
Corn futures are 5 to 8 cents higher ahead of the noon hour in Chicago. Preliminary open interest was up 15,115 contracts on Wednesday. The national average Cash Corn price from cmdtyView was down 5 3/4 cents at $4.49 1/4. EIA weekly ethanol production was released a day late due...