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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Israeli Military Strike’s Houthi Targets in Yemen’s Hodeidah Port
News
July 21, 2025
From 
Reuters
 via 
gCaptain

Israeli Military Strike’s Houthi Targets in Yemen’s Hodeidah Port

The Israeli military attacked Houthi targets in Yemen's Hodeidah port on Monday in its latest assault on the Iran-backed militants, who have been striking ships bound for Israel and launching missiles against it.
Europe’s Sanctions on Russian Diesel Won’t Hit Until January
News
July 21, 2025
From 
Bloomberg
 via 
gCaptain

Europe’s Sanctions on Russian Diesel Won’t Hit Until January

The European Union said a new set of measures aimed at restricting the flow of fuel made from Russian crude won’t take effect until January, easing some concerns that they would tighten a diesel market in the region that’s already soaring.
Trump Administration Announces $8.75 Million in Small Shipyard Grants, Continuing Funding Decline
Shipbuilding
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Announces $8.75 Million in Small Shipyard Grants, Continuing Funding Decline

The U.S. Maritime Administration (MARAD) has awarded $8.75 million in grants to support 17 small shipyards across 12 states, Transportation Secretary Sean P. Duffy announced today. The funding, part of...
Japanese Shipping Giants to Donate Large Training Ship to Japan’s Maritime Education Agency
News
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Japanese Shipping Giants to Donate Large Training Ship to Japan’s Maritime Education Agency

Major Japanese shipping companies have initiated discussions to donate a large-sized training vessel to the Japan Agency of Maritime Education and Training for Seafarers (JMETS), addressing critical challenges in maritime...
Bibby Marine Lays Keel for Groundbreaking Hybrid Methanol-Electric Vessel in Spain
Offshore
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Bibby Marine Lays Keel for Groundbreaking Hybrid Methanol-Electric Vessel in Spain

Bibby Marine has marked a significant milestone with the keel laying ceremony for its first e-CSOV (commissioning service operation vessel) at Armon Shipyard in Vigo, Spain. The hybrid vessel, the...
EU Delists Three Sanctioned MOL LNG Carriers After Assurances Vessels Will Not Carry Russian Arctic Gas
News
July 21, 2025
From 
Malte Humpert
 via 
gCaptain

EU Delists Three Sanctioned MOL LNG Carriers After Assurances Vessels Will Not Carry Russian Arctic Gas

In what appears to be a first, the European Union has delisted three previously sanctioned Mitsui O.S.K. Lines (MOL) LNG carriers. The move comes as part of the EU’s 18th package of economic sanctions against Russia, which imposed measures against 105 additional shadow fleet vessels.

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Salvage to Begin in Italy This Month for Lynch’s Yacht After Fatal Sinking
News
May 8, 2025
From 
Reuters
 via 
gCaptain

Salvage to Begin in Italy This Month for Lynch’s Yacht After Fatal Sinking

The recovery of British tech tycoon Mike Lynch's superyacht from the waters off the coast of northern Sicily is expected to begin within the next two weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August.
U.S. Moves to Designate Six Ships in UN Bid to Expose North Korea Sanctions Evasion
Shipping
May 7, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Moves to Designate Six Ships in UN Bid to Expose North Korea Sanctions Evasion

The United States announced plans to nominate multiple vessels for designation over violations of UN sanctions against North Korea, following revelations of extensive maritime sanctions evasion detailed in a new...
Soybeans Post Mixed Action as Nearbys Fail to Hold Early Gains
Grain
May 7, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Post Mixed Action as Nearbys Fail to Hold Early Gains

The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. The cmdtyView Cash Bean price was down 1 ¾ cents to $9.87. Soymeal futures were up $1.90 to $2.80/ton, with Soy Oil futures...
Wheat Posts Losses on Wednesday
Grain
May 7, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Losses on Wednesday

Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. Kansas City HRW futures posted weaker trade, with 7 to 9 cent losses on the day. Minneapolis spring wheat futures were down 7 to 8 cents at the...
Corn Fail to Hold Early Strength on Wednesday
Grain
May 7, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Fail to Hold Early Strength on Wednesday

Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. The nearby CmdtyView national average Cash Corn price was down 6 cents at $4.19 1/2. EIA data showed a total of 1.02 million...
LNG Industry Warns U.S.-Built Ship Mandate Could Derail Energy Exports
Shipping
May 7, 2025
From 
Reuters
 via 
gCaptain

LNG Industry Warns U.S.-Built Ship Mandate Could Derail Energy Exports

U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding.
A Quiet Fed Day for Equities, but Bigger Price Swings in Commodities
Grain
May 7, 2025
From 
Oliver Sloup
 via 
Barchart

A Quiet Fed Day for Equities, but Bigger Price Swings in Commodities

Fed Day has came and now passed. Outside markets saw little fluctuation while other markets such as corn, gold, and crude saw bigger daily swings.
Grain Spreads: July/Dec Corn Pressured
Grain
May 7, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: July/Dec Corn Pressured

Old Crop/New Crop Examined
Wärtsilä Launches ‘Game-Changing’ Maritime Carbon Capture System
News
May 7, 2025
From 
Mike Schuler
 via 
gCaptain

Wärtsilä Launches ‘Game-Changing’ Maritime Carbon Capture System

Technology group Wärtsilä is claiming a major breakthrough with the unveiling of its commercial shipboard carbon capture solution (CCS) for the maritime industry. According to the company, the system has...
Shootin' the Bull about holding ones breath
Grain
May 7, 2025
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about holding ones breath

The industry appears to be collectively holding their breath for what may come next.  Futures traders appear nervous, even with the positive basis.
Orsted Cancels Major UK Wind Project as Economics Worsen
Offshore
May 7, 2025
From 
Reuters
 via 
gCaptain

Orsted Cancels Major UK Wind Project as Economics Worsen

COPENHAGEN, May 7 (Reuters) – Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global business environment for renewables and dealing a blow...
Wheat Falling at Midday
Grain
May 7, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Falling at Midday

Wheat futures are facing midday weakness on Wednesday. Chicago SRW futures are down fractionally in the nearbys. There were 209 deliveries against May CBT wheat overnight, with 196 coming from a Marex customer. Kansas City HRW futures are down 7 to 8 cents are midday. Minneapolis spring wheat futures are...