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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
Bloomberg
via
gCaptain
Finland Begins Port State Inspection On Detained Tanker Eagle S
By Kati Pohjanpalo Jan 2, 2025 (Bloomberg) —Finland began a so-called port state control inspection of the detained Eagle S tanker that’s being held after undersea cable ruptures last week, seeking...
From
Brady Sidwell
via
Barchart
Precarious optimism seen in the year ahead
Sidwell Strategies CommodityBuzz now in 8th year
From
Bloomberg
via
gCaptain
Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters
President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Make New All-time Highs and Pull-back While Hogs Stabilize
Strong rallies for cattle fail while a new low for hogs leads to a recovery bounce
From
Austin Schroeder
via
Barchart
Wheat Collapses into the Weekend, with Marketing Year Low in Export Business
The wheat market posted double digit losses across most contracts in the three exchanges on Friday. Chicago SRW futures closed with contracts down 11 1/4 to 16 1/2 cents on the day. March fell 17 ¼ cents this week. KC HRW contracts closed with 12 ½ to 13 1/2 cent...
From
Austin Schroeder
via
Barchart
Corn Collapses on Friday
The corn market felt pressure on Friday after a lack luster export sales performance. Futures ended the session with contracts down 4 ¼ to 9 cents, as corn fell with much of the rest of the commodities. March was down 3 ¼ cents on the week. The national average Cash...
From
Austin Schroeder
via
Barchart
Soybeans Fall on Friday, as Meal Collapses
Soybeans collapsed on Friday, as contracts are closed with losses of 15 ½ to 21 ¼ cents at the final bell. March soybeans closed the week with a 2 cent gain. CmdtyView’s national front month Cash Bean price was down 20 1/4 cents at $9.36 1/2. Soymeal futures were down...
From
Chris Swift
via
Barchart
Shootin' the Bull about still rationing cattlemen, but maybe slowing
Late Thursday, and all-day Friday, appeared to produce some spread trading. This is a way to help minimize potential adverse price fluctuation of a long position with unrealized gains.
From
Austin Schroeder
via
Barchart
Wheat Feeling Pressure Heading into the Weekend
The wheat market is posting double digit losses on Friday’s midday. Chicago SRW futures are down 16 to 17 cents across nearbys on the day. KC HRW contracts are down 13 to 14 cents on the session. MPLS spring wheat futures are posting 10 to 12 cent losses on the...
From
Austin Schroeder
via
Barchart
Soybeans in Freefall on Friday
Soybeans are collapsing on Friday, as contracts are down 20 to 25 cents at midday. CmdtyView’s national front month Cash Bean price is down 23 1/2 cents at $9.32 1/2. Soymeal futures are down $12.50/ton in the front month. Soy Oil futures are down 52 points on the session. There...
From
Austin Schroeder
via
Barchart
Corn Collapsing into the Weekend
The corn market is feeling pressure after some recent strength, as contracts are down 9 to 10 cents across most contracts on Friday. The national average Cash Corn price from cmdtyView is down 10 cents at $4.21. Export Sales data from this morning tallied 776,992 MT in 2024/25 wheat sales...
From
Reuters
via
gCaptain
A Timeline of Suspected Baltic Sea Sabotage Incidents
A Finnish court has denied a request for the release of an oil tanker suspected of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week, one of several since 2022 in which underwater critical infrastructure in the Baltic Sea has suffered suspicious damage.