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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
At Least 27 Killed After Vietnam Tourist Boat Capsizes
HANOI, July 19 (Reuters) – At least 27 people died after a tourist boat capsized in stormy weather in Vietnam’s Halong Bay on Saturday, state media reported. The boat, carrying 53 people, tipped over at around 2...
From
Reuters
via
gCaptain
Chevron Wins Exxon Case But Loses Time, Oil And Billions
By Arunima Kumar July 18 (Reuters) – Exxon Mobil XOM.N has lost its arbitration challenge to block Chevron’s CVX.N $55 billion Hess HES.N acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year,...
From
Bloomberg
via
gCaptain
Iraq Set for Key Oil Cargo Surge in Sign of Increased Output
Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil production.
From
Reuters
via
gCaptain
Greek Owner of Cocaine-Loaded Vessel Seized in 2023 Denies Charges
ATHENS, July 18 (Reuters) – The Greek former owner of a cargo ship, seized by Spain in 2023 for carrying more than four tons of cocaine along with coffee beans from Latin America to...
From
Mike Schuler
via
gCaptain
Cadeler Bags Long-Term Contract With Vestas as New Jack-Up Vessel Arrives Early
Offshore wind installation specialist Cadeler has taken delivery of its newest jack-up vessel, Wind Keeper, ahead of schedule and simultaneously secured a substantial long-term contract with wind turbine manufacturer Vestas....
From
Reuters
via
gCaptain
EU’s New Russia Sanctions Aim for More Effective Oil Price Cap
The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry.
From
The Loadstar
via
gCaptain
GRIs Fizzle as Transpacific Spot Rates Extend Losing Streak
It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to lift container spot rates on the headhaul eastbound transpacific route.
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From
gCaptain
via
gCaptain
The Risk Of India and Pakistan Fighting At Sea
Editorial Note: This article was originally published at Bloomberg before this weekend’s fragile ceasefire was announced. by Admiral James Stavridis (Bloomberg Opinion) Following the killings of two dozen tourists picnicking in a meadow in...
From
Reuters
via
gCaptain
Trump To Allow Commercial Fishing In New England Marine Monument
May 9 (Reuters) – President Donald Trump on Friday will sign a proclamation restoring commercial fishing access to a marine national monument off New England, according to a White House official. The move...
From
Bloomberg
via
gCaptain
Thyssenkrupp Eyes Europe Shipyard Deals After Naval Orders Surge
By William Wilkes May 10, 2025 (Bloomberg) —Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine orders push its German shipyards toward full capacity. Thyssenkrupp Marine...
From
Reuters
via
gCaptain
US Regulators Recommend Venture Global’s CP2 LNG Project Gets Greenlight
HOUSTON, May 9 (Reuters) – U.S. federal regulators recommended in a final environmental report that Venture Global’s VG.N proposed CP2 liquefied natural gas export project in Louisiana get the go-ahead, according to a government document filed...
From
Nick Ehrenberg
via
Barchart
Soybean Analysis & Targets
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Editorial
via
gCaptain
Hurricane Forecasts Are More Accurate Than Ever – NOAA Funding Cuts Could Change That
Chris Vagasky (The Conversation)–The National Hurricane Center’s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into...
From
Bloomberg
via
gCaptain
South African Port Union Plans More Talks to End Wage Dispute
By Katlego Mtshali May 9, 2025(Bloomberg) —The main labor union at South Africa’s state port and rail company said it will continue talks next week aimed at resolving a wage dispute...
From
Reuters
via
gCaptain
Salvage Of Lynch’s Sunken Yacht Paused After Diver’s Death
PALERMO, Italy, May 10 (Reuters) – Work to recover the late British tech tycoon Mike Lynch’s sunken superyacht off the coast of northern Sicily has been paused following the death of a diver involved in...
From
Brady Sidwell
via
Barchart
New low and net short in wheat while feeder futures top $3.00
USDA reports Monday at 11 AM
From
Jim Roemer
via
Barchart
In Living Color: Images Explain the "El Niño Neutral" Impact on Global Crops & Commodity Markets
Jim presents an all out, complete briefing for the major commodity futures driven by the weather
From
Austin Schroeder
via
Barchart
Soybeans Push Higher on Friday
Soybean bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged. The cmdtyView Cash Bean price was up 6 3/4 cents to $10.00 1/4. Soymeal futures...
From
Austin Schroeder
via
Barchart
Wheat Falls into the Weekend
The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents this week. Kansas City HRW futures faced weakness, with contracts...