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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
Mike Schuler
via
gCaptain
Iran Blacklists 46 Ships On Hormuz ‘Non-Compliant’ List
Iran has published a list of 46 vessels it says violated its arrangements for transiting the Strait of Hormuz, warning that the ships could face fines, detention, seizure or confiscation...
From
Mike Schuler
via
gCaptain
U.S. Threatens Iran’s Trading Partners in New Economic Pressure Campaign
Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war.
From
Mike Schuler
via
gCaptain
U.S. Takes Next Step Toward Nuclear-Powered Commercial Ships
The U.S. Maritime Administration has signed an agreement with nuclear technology developer CORE POWER to explore a pathway toward U.S.-flagged nuclear-powered commercial ships, expanding the Trump administration’s push to bring...
From
Mike Schuler
via
gCaptain
Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade
The Trump administration on Monday launched a sweeping new economic campaign against Iran, expanding the threat of secondary sanctions to the shipping sector while targeting dozens of companies, individuals and...
From
Malte Humpert
via
gCaptain
Canada Bets $11 Billion on Six New Icebreakers as Arctic Shipbuilding Race Accelerates
Canada is committing more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard, the country’s biggest shipbuilding contract in Quebec’s history, as Arctic nations race to replace aging fleets and expand their ability to operate in increasingly strategic northern waters.
From
Mike Schuler
via
gCaptain
Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says
By Mitchell Ferman and Alex Longley (Bloomberg) — The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE...
From
Mike Schuler
via
gCaptain
Houthis Escalate Saudi Shipping Campaign With VLCC Strike
UKMTO says a tanker was struck by an unknown projectile about 63 nautical miles west of Yanbu, Saudi Arabia, early Monday, sparking a fire on the main deck. All crew...
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From
Angie Setzer
via
Barchart
Merchandiser Insights: Understanding What Basis Moves Are Saying About Supply And Demand In Grains
Digging into what basis is, why it matters and how we can use it to tell the future.
From
Mike Schuler
via
gCaptain
Canadian Bulk Carrier ‘Tim S Dool’ Successfully Refloated After Three-Week St. Lawrence River Grounding
The Canadian-flagged bulk carrier M/V Tim S Dool has been successfully refloated after spending more than three weeks aground on Crysler Shoal in the St. Lawrence River, part of the...
From
Malte Humpert
via
gCaptain
EU Imposes First-Ever Sanctions On Yamal Gas Project Targeting ‘Christophe de Margerie’ LNG Carrier
The EU’s 15th sanctions package against Russia for the first time targets Yamal LNG by including a carrier in service of the project. The ice-capable tanker Christophe de Margerie, one...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher at Midday, with Exports Chugging Along
The corn market is posting midday gains of 1 to 2 ½ cents across the front months on Monday’s midday. There were another 43 deliveries issued against Dec corn futures on Friday evening. The national average Cash Corn price from cmdtyView is up 2 1/2 cents at $4.15 1/2. The...
From
Austin Schroeder
via
Barchart
Soybeans Slipping as NOPA Crush Shy of Estimates
Soybeans are showing midday losses of 3 to 5 cents so far on Monday, as NOPA data was reported shy of estimates. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.32 3/4. Soymeal futures are up $1.30/ton on the day. There were 141 deliveries issued...
From
Austin Schroeder
via
Barchart
Wheat Posting Mixed Trade at Midday
The wheat complex is showing mixed action so far on Monday, with the soft wheat market the weakest. Chicago SRW futures are 1 to 2 cents lower. KC HRW contracts are up 1 to 2 cents so far on the day. MPLS spring wheat futures are up a penny in...
From
Mike Schuler
via
gCaptain
EU Extends Naval Operation ATALANTA Until 2027 as Somali Piracy Surges in Indian Ocean
The European Council has extended its counter-piracy mission Operation ATALANTA for two more years, coming amid a dramatic resurgence of Somali piracy that has seen 43 incidents in the past...
From
Mike Schuler
via
gCaptain
VIDEO: Russian Tanker Breaks Apart in Storm
A major maritime incident unfolded in the Kerch Strait over the weekend as the Russian oil tanker Volgoneft 212 broke in half during severe weather conditions, resulting in a significant...
From
Bloomberg
via
gCaptain
Insurance Checkpoint: Baltic Sea Countries Step Up Scrutiny of Tankers Moving Russian Oil
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims.
From
Mike Schuler
via
gCaptain
Finland Greenlights New Baltic Icebreaker
Finland’s government has taken a decisive step toward modernizing its critical maritime infrastructure by supporting funding for a new Baltic Sea Class B icebreaker, marking a significant development in regional...
From
Scott Strand
via
Barchart
Bullish Corn Demand Reduces MY 24/25 Stocks
Last week CME corn futures closed higher as a bullish December WASDE report that showed continued strong domestic and export demand for US corn which continued to provide the bulls with more fundamental ammunition. The March’25 contract closed +$2.50/bu from last week while the July’25 contract led the curve higher...
From
Mike Schuler
via
gCaptain
EU Expands Maritime Sanctions: 52 New Vessels Added to Russia’s Shadow Fleet Blacklist
The European Union has unveiled its 15th package of restrictive measures, specifically targeting Putin’s shadow fleet and maritime circumvention efforts. The latest sanctions package introduces port access bans and service...