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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
US Aims to Ban Chinese Technology in Undersea Telecommunications Cables
The Federal Communications Commission said on Wednesday it plans to adopt rules to bar companies from connecting undersea submarine communication cables to the United States that include Chinese technology or equipment.
From
Bloomberg
via
gCaptain
Canada to Curb Steel Imports to Soften Blow From US Tariffs
Canada will reduce the amount of foreign steel importers can bring into the country tariff-free, a move to help domestic producers suffering from US President Donald Trump’s levies on the sector.
From
Mike Schuler
via
gCaptain
Yemeni Forces Seize Record Iranian Arms Shipment Bound for Houthis
The Yemeni National Resistance Forces (NRF), led by General Tareq Saleh, have conducted what U.S. Central Command describes as “the largest seizure of Iranian advanced conventional weapons in their history.”...
From
Reuters
via
gCaptain
Japan’s Kawasaki Kisen Prepared to Reroute More Ships Away From US Over Tariffs, CEO Says
Japanese shipper Kawasaki Kisen (K-Line) 9107.T is adjusting its U.S. services and is prepared to reroute more ships away to other regions as it braces for potentially higher U.S. tariffs, CEO Takenori Igarashi said on Wednesday.
From
Mike Schuler
via
gCaptain
Tariff Pause Fails to Lift Long Beach Cargo Volumes as Los Angeles Surges to Record June
Cargo volume at the Port of Long Beach decreased significantly in June, with dockworkers processing 704,403 twenty-foot equivalent units (TEUs), representing a 16.4% drop compared to the same month last...
From
Mike Schuler
via
gCaptain
DOT Announces $64.6 Million for Maritime Infrastructure Through BUILD Program
U.S. Transportation Secretary Sean P. Duffy has announced $488 million in awards from the Better Utilizing Investments to Leverage Development (BUILD) grant program, with approximately $64.6 million dedicated to maritime...
From
Reuters
via
gCaptain
Trump’s Shipbuilding Push Falters as NSC Maritime Office Gutted
Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves, the latest departures for a body that has been cut sharply in recent months.
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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...
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back on Tuesday Morning
The bean market is showing weaker trade early on Tuesday, down 4 to 6 cents. Soybeans closed out the Monday session with contracts rallying 20 to 27 cents. Preliminary open interest showed net new buying, up 16,325 contracts. The cmdtyView Cash Bean price was up 19 3/4 cents to $10.60....
From
Austin Schroeder
via
Barchart
Corn Pressure Continues as Planting Pace Continues
The corn market is trading with contracts down 2 to 4 cents across the front months. Futures fell back from the higher post-USDA report trade on Monday, with nearbys slipping 1 to 2 cents. New crop contracts were 3 to 4 cents in the green at the close. Preliminary open...
From
Bloomberg
via
gCaptain
China-US Truce Prompts Price Jump in Pacific Shipping Frenzy
A China-US deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Make New All-Time Highs, Hogs Higher
Positive Trade talks with China, Screwworm drive prices higher