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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
For detailed updates and additional resources, explore our resources section.
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
1 | One Big Surprise The biggest surprise of USDA's January data dump was a notable decline in both corn and soybean yield for the U.S. 2024 crop, falling well below pre-report estimates and marking two of the largest Nov-to-Jan drops on record. 2024 final corn yield fell 3.8bpa month-on-month...
From
Darin Newsom
via
Barchart
Who are the Funds in Commodity Markets and What Might They Do in 2025?
A question on social media asked, "Who are the funds?". A solid query given all the chatter about the word in terms of market activity.
From
Darren Carlat
via
Barchart
Hedge funds have their highest net long position in Corn and Feeder Cattle for the past 52 weeks. Wheat and Soybean Meal are at their lowest level.
The Commitment of Traders (COT) report, issued by the Commodity Futures Trading Commission (CFTC), offers a weekly snapshot of the positions taken by different market participants in the U.S. futures markets.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock and Grain Markets - Sell Them All?
From
Mike Schuler
via
gCaptain
Navy Names Two New Ford-Class Aircraft Carriers After Presidents Clinton and Bush
Secretary of the Navy Carlos Del Toro revealed that two future Gerald R. Ford-class aircraft carriers will be named USS William J. Clinton (CVN 82) and USS George W. Bush...
From
Austin Schroeder
via
Barchart
Wheat Bulls Pushing Higher on Monday
The wheat market was in rally mode on Monday, joining in on the rest of the grains. Chicago SRW futures were up double digits, with gains of 12 to 14 ¼ cents at midday. KC HRW posted 9 to 11 gains on Monday. MPLS spring wheat futures closed with gains...
From
Austin Schroeder
via
Barchart
Soybeans Rally into the Close on Monday
Soybeans put on a rally on Monday, as buying fallout from Friday’s USDA reports continued. Contracts were up another 20 to 28 cents across most contracts. CmdtyView’s national front month Cash Bean price was up 26 1/4 cents at $9.94 1/2. Soymeal futures were back up $9.30/ton on the day....
From
Austin Schroeder
via
Barchart
Corn Extends Post USDA Rally into Monday
The Corn market shot higher again on Monday, with contracts up 6 to 8 cents in follow through buying from the tighter balance sheets USDA left on Friday. Basis did back off, as the national average Cash Corn price from cmdtyView was up 5 cents at $4.42 1/2. Export Inspections...
From
Bloomberg
via
gCaptain
US Sanctions on Russia Ripple Through Tanker Market
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
From
Chris Swift
via
Barchart
Shootin' the Bull about some soul searching
Cattle feeders had to find relief somewhere. Not bidding up for feeder steers is about the only thing in their control, and it seems to have been their market of preference. Previous recommendations to fix some variable input costs are of benefit now that prices have risen further.