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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
Alan Brugler
via
Barchart
Soybeans Higher in Thursday Midday Trading
Soybeans are trading 11 to 14 cents higher in the Chicago futures market at midday on Thursday. They closed the Wednesday session with contracts down 9 to 12 cents in the nearbys and November just 3 cents lower. Preliminary soybean open interest was down 4,827 contracts, with a bulk in...
From
Bloomberg
via
gCaptain
Russian Oil Tankers Search for New Flags to Hide From Sanctions
A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure on Moscow’s shipping network.
From
Reuters
via
gCaptain
Rubio to Visit Panama Amid Trump Push to Take Back Canal
U.S. Secretary of State Marco Rubio will visit Panama during his first overseas trip in the post, a source told Reuters on Thursday, as President Donald Trump makes a push for the United States to take back the Panama Canal that has angered the Central American country.
From
Mike Schuler
via
gCaptain
Four Sailors Rescued from Life Raft After Vessel Sinks in Atlantic’s Silver Bank
The U.S. Coast Guard, the commercial containership El Coquí, and fishing vessel Bonanza successfully rescued four American sailors from a life raft in the Silver Bank waters north of the...
From
Mike Schuler
via
gCaptain
Trump Orders Process to Designate the Houthis as Foreign Terrorist Organization Amid Red Sea Shipping Crisis
President Donald Trump has signed an executive order initiating the process to designate Yemen’s Ansar Allah, aka the Houthis, as a Foreign Terrorist Organization. The move comes in response to...
From
Oliver Sloup
via
Barchart
Grain Markets Retreat After Failing Against Technical Resistance
Grain futures retreat after a strong Wednesday morning trade which has led to weakness in the overnight and early morning trade. A healthy correction or a trend change?
From
Austin Schroeder
via
Barchart
Corn Sneaking Back Higher on Thursday Morning
The corn market is trading with fractional to 1 cent gains to start Thursday trade. Corn bulls were taking some money off the table on the wobble Wednesday session, as contracts were down 5 to 6 cents in the nearbys and new crop December ¼ cent lower. Preliminary open interest...
From
Austin Schroeder
via
Barchart
Soybeans Firm to Start Thursday
Soybeans are trading with contracts steady to 2 cents higher. They closed the Wednesday session with contracts down 9 to 12 cents in the nearbys and November just 3 cents lower. Preliminary open interest was down 4,827 contracts, with a bulk in the March. CmdtyView’s national front month Cash Bean...
From
Austin Schroeder
via
Barchart
Wheat Weaker on Thursday Morning
Wheat is trading with contracts 1 to 3 cents lower in the three main markets. The wheat complex closed mixed across the three exchanges on Wednesday. The Chicago SRW market was 4 to 5 cents lower on the day. KC HRW contracts were fractionally in the red in the nearbys...
From
Malte Humpert
via
gCaptain
US Sanctions Send Key Modules Destined for Russia’s Arctic LNG 2 Back to China After 10-Month Odyssey
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
From
Reuters
via
gCaptain
Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
From
Bloomberg
via
gCaptain
Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s minister for foreign trade and investment said.