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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 Bulls Get Some Footing on Monday Morning
The wheat market is showing a stronger start to Monday trade, with contracts up across the three markets. Wheat futures were mixed across the three exchanges on Friday as USDA reports were less friendly for the small grain. Chicago SRW futures were down ½ to 3 ¼ cents in the...
From
Austin Schroeder
via
Barchart
Soybeans Starting Off Monday with Slight Strength
Soybeans are trading with fractional to 4 cent gains on Monday morning trade. Futures closed out the Friday session rallying 9 ¾ to 26 ½ cents across the board, led by the nearbys on bullish USDA data. March was 33 ½ cents higher on the day. CmdtyView’s national front month...
From
Austin Schroeder
via
Barchart
Corn Rally Continuing to Monday Morning
The Corn market is trading with gains of 2 to 4 cents across most contracts in early Monday trade. Futures closed out the Friday session with contracts up 14 to 15 cents across most front months, with September and beyond just 1 to 4 ¼ cents higher. Preliminary open interest...
From
Oliver Sloup
via
Barchart
Grains Continue to Gain Ground in the Early Morning Trade
Grain markets were mostly higher on Friday, following a mostly bullish USDA report. Follow through buying was present in the Sunday night trade and has held into the early morning session. Will it last through today’s trade?
From
Malte Humpert
via
gCaptain
US Slaps Sanctions on Chinese Yard Wison For Supplying Technology to Arctic LNG 2
Time has run out for Chinese technology provider Zhoushan Wison Offshore and Marine, a key partner in Novatek’s Yamal LNG and Arctic LNG 2 projects. The company’s brazen scheme to deliver a large power plant from its Zhoushan yard to the Russian Arctic last fall has now garnered the attention of US officials, resulting in sanctions against Wison and several vessel operators.
From
Reuters
via
gCaptain
Russia Says New US Energy Sanctions Will Destabilize Global Markets
The Kremlin said on Monday that the latest round of U.S. sanctions on the Russian energy sector risked destabilizing global markets, and Moscow would do everything possible to minimize their impact.
From
Bloomberg
via
gCaptain
Chinese Trade Surplus Soars to $1 Trillion Ahead of Trump Return
China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump administration.
From
Darin Newsom
via
Barchart
Are US Stock Markets Starting to Crack at Mid-Month?
Overnight through early Monday morning showed solid market activity led by continued buying in Energies and selling in Indices (US stock index futures).
From
Bloomberg
via
gCaptain
Chinese Exports Rise To Record Ahead Of Looming Trump Tariffs
By Bloomberg News Jan 12, 2025 (Bloomberg) —Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish demand at home and...
From
Reuters
via
gCaptain
Japan, Philippines, U.S. Vow To Deepen Cooperation, Manila Says
MANILA, Jan 13 (Reuters) – Japan, the Philippines and the United States vowed to further strengthen their ties under a trilateral arrangement in the face of growing tensions in regional waters, Manila said on Monday following a call...
From
Bloomberg
via
gCaptain
Sweden May Have To Build Up Its Defense Force, Premier Says
By Charles Daly Jan 12, 2025 (Bloomberg) —Sweden’s Prime Minister Ulf Kristersson indicated the country could increase its defense spending amid the risk of hybrid warfare in the Nordic and Baltic...