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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
Chris Swift
via
Barchart
Shootin' the Bull about Tiger Traps and Punji Sticks
A tiger trap is where a deep hole is dug and covered with weak branches and leaves to cover the trap. Then a food item is dangled over it. Cattlemen and futures traders have built this trap.
From
Mike Schuler
via
gCaptain
NOAA Withdraws Critical Right Whale Protection Rule Changes
NOAA Fisheries has withdrawn its proposed vessel speed rule update aimed at protecting the critically endangered North Atlantic right whales from deadly vessel strikes. The proposed regulation, initially published in...
From
Austin Schroeder
via
Barchart
Wheat Showing Mixed Trade at Wednesday’s Midday
The wheat market is trading mixed so far on Wednesday. Chicago SRW futures are up 1 to 2 cents thus far on the session. KC HRW posting 1 to 2 cent losses at midday. MPLS spring wheat futures are steady to 2 cents higher at so far on the session....
From
Austin Schroeder
via
Barchart
Soybeans Mixed on Wednesday, as NOPA Reports Record Crush
Soybeans are posting higher midday trade in the nearbys, with new crop November down 3 ½ cents. CmdtyView’s national front month Cash Bean price is up 2 cents at $9.90. Soymeal futures are $3.50/ton lower on the day. Soy Oil futures are 10 points higher so far on the session....
From
Austin Schroeder
via
Barchart
Corn Holding onto Gains at Midday
The corn market is trading with Wednesday fractional midday gains in the new crop to 4 cents higher in the nearbys. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data showed ethanol production at a total of 1.095 million barrel per...
From
Mike Schuler
via
gCaptain
US Sanctions and Arctic Blast Drive Oil Prices Higher as Tanker Markets Face New Pressure
Global oil markets are facing significant pressure as U.S. sanctions on Russia and Iran intensify, while extreme weather conditions across the Northern Hemisphere have pushed Brent crude futures to a...
From
Reuters
via
gCaptain
Fuel Sales at Singapore Bunker Hub Hit Record Highs in 2024
Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.
From
Mike Schuler
via
gCaptain
NATO Launches Baltic Sentry to Protect Undersea Infrastructure in Baltic Sea
NATO has launched a major maritime security operation called “Baltic Sentry” in response to a series of suspicious incidents targeting critical undersea infrastructure in the Baltic Sea. The operation was...
From
Austin Schroeder
via
Barchart
Corn Bouncing Back on Wednesday AM Trade
The corn market is trading with Wednesday morning gains of 2 to 3 cents. Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. Preliminary open interest was up 27,557 contracts. The national average Cash Corn price from cmdtyView...
From
Austin Schroeder
via
Barchart
Soybeans Starting Wednesday with Higher Trade
Soybeans are trading with gains of 1 to 3 cents so far on Wednesday. The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88....
From
Austin Schroeder
via
Barchart
Wheat Mixed to Kick Off Wednesday Trade
The wheat market is trading with slight losses on Wednesday morning, as SRW is still holding up Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional...
From
Bloomberg
via
gCaptain
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the US’s strictest-ever sanctions on Russian energy flows.