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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
Mike Schuler
via
gCaptain
U.S. Tanker Stocks Surge After Pentagon Blacklists Major Chinese Maritime Players
U.S.-listed tanker stocks rallied sharply on Tuesday, with some shares jumping as much as 10% after the Pentagon added several Chinese maritime giants to its list of companies with alleged...
From
Reuters
via
gCaptain
Global Crude Exports Dipped in 2024 as Trade Routes Reshuffled Again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.
From
Andrew Hecht
via
Barchart
Grains and Oilseeds in Q4 and 2024- Where are they Heading in 2025?
The grain sector of the commodities market continued to move lower in Q4 2024 and was the worst-performing sector in 2024. While all grain and oilseed markets posted losses in 2024, corn was the only futures market moving to the upside in Q4.
From
Mike Schuler
via
gCaptain
Trump Refuses to Rule Out Military Force to Retake Panama Canal from ‘China Control’
President-elect Donald Trump refused to rule out military force to retake control of the Panama Canal, while making unsubstantiated claims about Chinese control of the waterway. During a press conference...
From
Mike Schuler
via
gCaptain
Gulf of America? Trump Floats Name Change for Gulf of Mexico
From “Freedom Gas” to “Gulf of America”: Trump Doubling Down on Energy Nationalism President-elect Donald Trump has announced plans to rename the Gulf of Mexico to the “Gulf of America”...
From
Austin Schroeder
via
Barchart
Wheat Higher as Conditions Slip
The wheat market is posting higher trade at Tuesday’s midday, with contracts up 1 to 5 cents led by KC. Chicago SRW futures are up 1 to 2 cents so far on the day. KC HRW contracts are posting gains of 4 to 5 cents. MPLS spring wheat futures is...
From
Austin Schroeder
via
Barchart
Soybeans Off Lows at Tuesday’s Midday
Soybeans are getting some pop off the early session lows on Tuesday, as contracts are down just 1 to 4 cents at midday. CmdtyView’s national front month Cash Bean price is down 2 ¾ at $9.39 1/4. Soymeal futures are down $6.30/ton so far on the day to add some...
From
Austin Schroeder
via
Barchart
Corn Leaking Lower at Midday
Corn price action at midday is showing 2 to 3 cent losses so far, as contracts are facing some Turnaround Tuesday weakness. The national average Cash Corn price from cmdtyView is down 2 1/2 cents at $4.26. USDA reported a private export sale of 110,000 MT of corn sold to...
From
Mike Schuler
via
gCaptain
CBO Warns Navy’s Ambitious 2025 Shipbuilding Plan Faces Major Hurdles
The U.S. Navy’s 2025 shipbuilding plan aims to expand its fleet to 390 battle force ships by 2054, but achieving this vision comes with a hefty price tag, according to...
From
Mike Schuler
via
gCaptain
Anchor Suspected of Causing Estlink2 Cable Damage Recovered from Baltic Sea
Finnish authorities have recovered an anchor from the Gulf of Finland that they suspect belongs to the Russian tanker Eagle S, which is suspected of damaging the Estlink2 undersea cable...
From
Mike Schuler
via
gCaptain
UK Launches AI-Powered Maritime Surveillance System to Counter Russian Shadow Fleet in Baltic
In response to recent damage to critical undersea infrastructure, the UK-led Joint Expeditionary Force (JEF) has activated an advanced AI-powered surveillance system to monitor potential maritime threats and track Russia’s...
From
Oliver Sloup
via
Barchart
A Mixed Start to the Week
Grain markets were uniformly higher to start the week but turned lower in the overnight and early morning trade. Here are the levels to watch for today’s trade.