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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
Bloomberg
via
gCaptain
US Ramps Up Pressure on Russia With Fresh Energy Sanctions
The US imposed its most aggressive sanctions on Russia’s oil industry yet as the Biden administration looks for last-minute ways to boost Ukraine’s leverage in possible peace negotiations after Donald Trump takes office.
From
Mike Schuler
via
gCaptain
SOUNION Salvaged! Complex Operation Prevents Major Environmental Disaster in Red Sea
Maritime security firm Ambrey has confirmed the successful salvage of the MT SOUNION, a Greek-owned oil tanker that became a focal point as one of the worst attacks in the ongoing...
From
Malte Humpert
via
gCaptain
U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia
In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of oil traders, oilfield service providers and insurance companies.
From
Bloomberg
via
gCaptain
Germany’s Costly LNG Terminals Aren’t Paying Off as Imports Dip
Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of its gas needs.
From
Oliver Sloup
via
Barchart
Grain Traders Await New News from the USDA
Grain markets are relatively quiet in the early morning trade as market participants gear up for the monthly data dump from the USDA.
From
Austin Schroeder
via
Barchart
Corn Popping Higher Ahead of USDA Reports
Corn price action is showing another round of 1 to 2 cents so far on Friday. Futures posted some gains heading into the Thursday close, ahead of USDA report day, as contracts were up 1 to 2 ½ cents across most months. The national average Cash Corn price from cmdtyView...
From
Austin Schroeder
via
Barchart
Soybeans Sneaking Higher on Bean Oil Strength
Soybeans are trading with fractional to 3 cent gains so far on Friday AM trade. Bulls posted higher trade on Thursday with contracts up 4 to 6 cents in most front months, despite a weaker start to the shortened session. CmdtyView’s national front month Cash Bean price was up a...
From
Austin Schroeder
via
Barchart
Wheat Mixed to Begin USDA Data Day
Wheat futures are mixed across the three exchanges so far on Friday AM trade. The wheat market saw some late session buying off the midday lows on Thursday, though contracts still closed lower on pre-report position squaring. Chicago SRW futures were down 2 to 3 cents in the nearby contracts...
From
Darin Newsom
via
Barchart
What Market Looks "Best"?
I was asked what my "favorite" market is heading into 2025. My answer was what it has been for the past two decades - Corn.
From
Austin Schroeder
via
Barchart
Wheat Slip Lower Ahead of USDA Data Day
The wheat market saw some late session buying off the midday lows on Thursday, though contracts still closed lower on pre-report position squaring. Chicago SRW futures were down 2 to 3 cents in the nearby contracts on the day. KC HRW posted steady to fractionally lower trade across most contracts...