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.

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U.S. Threatens Iran’s Trading Partners in New Economic Pressure Campaign
News
August 24, 2026
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.
U.S. Takes Next Step Toward Nuclear-Powered Commercial Ships
News
August 24, 2026
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...
Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade
News
August 24, 2026
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...
Canada Bets $11 Billion on Six New Icebreakers as Arctic Shipbuilding Race Accelerates
Shipbuilding
August 24, 2026
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.
Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says
News
August 24, 2026
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...
Houthis Escalate Saudi Shipping Campaign With VLCC Strike
News
August 24, 2026
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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Oil Spills Into Kerch Strait After Russian Tanker Breaks Apart in Storm
News
December 15, 2024
From 
Reuters
 via 
gCaptain

Oil Spills Into Kerch Strait After Russian Tanker Breaks Apart in Storm

A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait, while another tanker was also in distress after sustaining damage, Russian officials said.
Yellen Won’t Rule Out Sanctions On Chinese Banks, Curbs On ‘Dark Fleet’ Oil Tankers
Shipping
December 14, 2024
From 
Reuters
 via 
gCaptain

Yellen Won’t Rule Out Sanctions On Chinese Banks, Curbs On ‘Dark Fleet’ Oil Tankers

By David Lawder, Andrea Shalal WASHINGTON, Dec 13 (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on “dark fleet” tankers and will not...
Ukraine Plans Grain Exports To Syria Post-Assad
Shipping
December 14, 2024
From 
Reuters
 via 
gCaptain

Ukraine Plans Grain Exports To Syria Post-Assad

KYIV, Dec 15 (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply mechanisms to deliver together with international organizations and partners food to...
Hogs & Corn Update Using Fibonacci and W.D. Gann Analysis
Grain
December 14, 2024
From 
Nick Ehrenberg
 via 
Barchart

Hogs & Corn Update Using Fibonacci and W.D. Gann Analysis

Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Can A US Missile Defense System Shield Guam From Chinese Threat?
Defense
December 14, 2024
From 
Reuters
 via 
gCaptain

Can A US Missile Defense System Shield Guam From Chinese Threat?

By Gerry Doyle, Vijdan Mohammad Kawoosa, Arathy J. Aluckal Dec 11 (Reuters) – An SM-3 interceptor erupted into the night sky over Guam late on Tuesday, its engine briefly illuminating the northeast...
USDA reports bullish corn while fed cattle bids surge
Grain
December 14, 2024
From 
Brady Sidwell
 via 
Barchart

USDA reports bullish corn while fed cattle bids surge

US dollar continues climbing
After Days of Military Activity, China Restates Its Hard Line on Taiwan
Defense
December 14, 2024
From 
Reuters
 via 
gCaptain

After Days of Military Activity, China Restates Its Hard Line on Taiwan

China's defense ministry on Friday broke its silence about days of military activities around Taiwan, saying it was entitled to stage exercises and the military would "not be absent" if required to fight separatist forces.
Hogs and Cattle End the Week on a High Note
Grain
December 13, 2024
From 
Ben DiCostanzo
 via 
Barchart

Hogs and Cattle End the Week on a High Note

Hogs bounce back on improving cash markets, cattle settles at a new all-time high for the lead contract
Grain market update & Why sugar and coffee prices have seen their highs
Grain
December 13, 2024
From 
Jim Roemer
 via 
Barchart

Grain market update & Why sugar and coffee prices have seen their highs

Jim ties it all together in his video
Grain Spreads: Beans Hanging On
Grain
December 13, 2024
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Beans Hanging On

Beans Barely Holding Support
Wheat Bulls Head South on Friday
Grain
December 13, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Bulls Head South on Friday

Wheat futures closed out the Friday session with contracts down across the three exchanges. Chicago SRW futures were 6 to 6 3/4 cents lower across the board, with Dec expiring. March ended the week on the lower side of last Friday’s close, down a nickel. KC HRW contracts were down...
Soybeans Fall on Friday
Grain
December 13, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Fall on Friday

Soybeans ignored the export business reported this morning, as contracts were down 5 3/4 to 8 ¼ cents to close out the day. January ended the week with a loss of 5 ½ cents. CmdtyView’s national front month Cash Bean price was down 7 1/2 cents at $9.39 3/4. Soymeal...