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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 Firms Ahead of the Long Weekend
The wheat market closed out the Friday session with contracts steady to slightly higher. The Chicago SRW market was fractionally higher to 1 ¼ cents on the day. March was 8 cents higher on the week. KC HRW closed with contracts fractionally mixed, as March was down 3 ¼ cents...
From
Austin Schroeder
via
Barchart
Corn Rally into 3-Day Weekend
The corn market rallied on Friday with the nearby contracts up 8 ¼ to 10 cents and other contracts 1 ¼ to 3 ¾ cents higher across the board. March was up 13 ¾ cents on the week. The national average Cash Corn price from cmdtyView is up 9 1/4...
From
Oliver Sloup
via
Barchart
Grains finish the week strongly
Corn, soybean, and wheat prices all closed the week in positive territory following last week’s friendly USDA report.
From
Sean Lusk
via
Barchart
Grain Spreads: Corn Keeps a Rolling
Funds Defend 300K Long Position and Add.
From
Chris Swift
via
Barchart
Shootin'the Bull about tiger traps and input costs
Feed and fuel costs are now sharply higher over just a few weeks ago. Throw in the tremendous rise in retail interest rates and it appears that once again, some of the most expensive beef is being produced today.
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Yemen Kuwait Bank for Financing Houthi Attacks on Red Sea Shipping
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Yemen Kuwait Bank for Trade and Investment Y.S.C for providing financial support to the...
From
Austin Schroeder
via
Barchart
Soybeans Rallying Ahead of Inauguration Day
Soybeans are posting a rally heading into President-elect Trump’s inauguration on Monday. Contracts are up 15 to 18 cents in the nearbys, with new crop November up 7 ¾ cents. CmdtyView’s national front month Cash Bean price is up 16 ½ cents at $9.76. Soymeal futures were $4/ton higher at...
From
Austin Schroeder
via
Barchart
Wheat Mixed at Midday
The wheat market is mixed at Friday’s midday. The Chicago SRW market is fractionally higher so far on the day. KC HRW is trading with fractional to 1 cent losses at midday. MPLS spring wheat futures are fractionally higher on Friday. The markets and government will be closed on Monday...
From
Austin Schroeder
via
Barchart
Corn Rallying on Friday
The corn market is rallying on Friday’s midday, with contracts up 9 to 10 cents in the front months and new crop December 2 3/4 cents higher. The national average Cash Corn price from cmdtyView is up 9 3/4 cents at $4.49 1/2. The markets and government will be closed...
From
Mike Schuler
via
gCaptain
Israel-Hamas Ceasefire: Could It Signal the End of Houthi Attacks on Red Sea Shipping?
A ceasefire agreement between Israel and Hamas announce this week could signal the beginning of the end for Houthi attacks on commercial shipping in the Red Sea, maritime security firm...
From
Reuters
via
gCaptain
Red Sea Trade Route Will Remain Too Risky Even After Gaza Ceasefire Deal
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.