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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
Syria Signs $800 Million Agreement With DP World To Bolster Ports Infrastructure
July 13 (Reuters) – Syria’s General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE’s DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news...
From
Reuters
via
gCaptain
US Port Operators Seek To Mitigate Hefty Expected Tariffs On China-Built Port Cranes
By Lisa Baertlein LOS ANGELES, July 11 (Reuters) – U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump’s administration...
From
Mike Schuler
via
gCaptain
Trump Admin Cancels Offshore Patrol Cutters at Eastern Shipbuilding Over Delays and Rising Costs
Department of Homeland Security Secretary Kristi Noem announced yesterday the partial termination of a contract with Eastern Shipbuilding Group (ESG) for two Offshore Patrol Cutters (OPCs), citing significant delays and...
From
Mike Schuler
via
gCaptain
HD Hyundai Advances Humanoid Welding Robots for Shipbuilding
Two units of South Korean shipbuilding conglomerate HD Hyundai have signed a strategic partnership agreement with Germany’s NEURA Robotics to develop specialized humane-like welding robots for the shipbuilding industry. The...
From
Bloomberg
via
gCaptain
U.S. Customs Revenue Tops $100 Billion for First Time Amid Tariff Surge
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
From
Reuters
via
gCaptain
‘All Crew Muslim’: Ships Look to Dodge Red Sea Attacks With Messages
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.
From
The Loadstar
via
gCaptain
Asian-Europe Container Freight Rally Pauses as Spot Rates Soften
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily.
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From
Mike Schuler
via
gCaptain
OFAC Adds Multiple Shipping Entities and Two Vessels to SDN List in Iran-Linked Sanctions Update
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has expanded its Specially Designated Nationals (SDN) List to include several maritime entities and vessels linked to Iranian...
From
The Loadstar
via
gCaptain
Carriers Roll Out Rate Increases Amid US-China Tariff Pause
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000-$2,000 per 40ft, said container shipping consultancy Linerlytica today.
From
Austin Schroeder
via
Barchart
Wheat Turning Higher on Tuesday
The wheat market is posting a turnaround Tuesday trade, with winter wheats posting gains. Chicago SRW futures are 3 to 4 cents in the green at Tuesday’s midday. There were 8 deliveries issued against May CBT wheat overnight. Kansas City HRW futures are trading with 3 to 4 cent gains...
From
Austin Schroeder
via
Barchart
Soybeans Rallying Higher off Early Losses
Soybeans are trading with contracts up 2 to 5 cents in the green, well off the morning lows. The cmdtyView Cash Bean price is up 3 1/4 cents to $10.23 1/4. Soymeal futures are down $4.90 so far on the day, with Soy Oil futures rallying 170 points into the...
From
Austin Schroeder
via
Barchart
Corn Falling Lower at Tuesday’s Midday
The corn market is facing pressure at Tuesday’s midday, with contracts down 4 to 7 cents. There were another 67 deliveries issued against May overnight. The nearby CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.19 1/2. Crop Progress data from Monday afternoon showed the US...
From
Mike Schuler
via
gCaptain
GPS Spoofing Suspected in Containership’s Grounding Near Jeddah Port
Maritime AI specialist Windward reports that GPS spoofing likely caused the containership MSC ANTONIA to run aground near the Eliza Shoals close to Jeddah Port on May 10, 2025. The...
From
Jim Wyckoff
via
Barchart
Watch the Weather: Here’s Where Corn, Soybean, and Wheat Futures Could Be Headed Next
A weather-market rally could trigger big upside price moves this summer in grain futures.
From
Mike Schuler
via
gCaptain
Crowley Expands Caribbean Service with Second LNG-Powered Containership
Crowley has launched its second LNG-powered containership in the Avance Class fleet, expanding its ocean shipping capabilities in the Caribbean Basin. The vessel, named Copán after a significant Mayan archaeological...
From
Reuters
via
gCaptain
India Approves More Russian Insurers to Provide Marine Cover
India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.
From
Reuters
via
gCaptain
World’s First Commercial-scale E-methanol Plant Opens in Denmark
The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk MAERSKb.CO set to buy part of the production as a low-emission fuel for its fleet of container ships.
From
Reuters
via
gCaptain
Egypt’s Suez Canal Offers 15% Discount For Big Container Ships to Win Back Trade
Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.
From
Austin Schroeder
via
Barchart
Wheat Losses Extend to New Lows
The wheat market is looking at new lows on Tuesday morning, with losses across the board. Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data. Chicago SRW futures were 6 to 7 cents in the red on the Monday session. Tuesday’s preliminary...