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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
Saudi Arabia Resumes Oil Loadings, Sales From Inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources.
From
Bloomberg
via
gCaptain
Oil Supertanker Earnings on Mideast Route Near $510,000 a Day
Earnings for a supertanker procuring crude oil from within the Persian Gulf to Asia are nearing a two-month high, as exporters hunt for more vessels to deliver the fuel via the Strait of Hormuz even as the security situation remains uncertain.
From
Mike Schuler
via
gCaptain
Canada’s Most Powerful Icebreaker Reaches North Pole
Canada’s largest and most powerful icebreaker has reached the North Pole as part of a multi-year effort to map the country’s continental shelf and reinforce its presence in the Arctic....
From
Mike Schuler
via
gCaptain
Army Corps Greenlights Major New Container Terminal on Mississippi River
The U.S. Army Corps of Engineers has granted the federal permit needed to build the Louisiana International Terminal, clearing a major regulatory hurdle for the planned deepwater container terminal on...
From
Mike Schuler
via
gCaptain
Antin Acquires Vigor Marine Group as U.S. Shipyard Investment Grows
Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship repair and marine services groups...
From
Bloomberg
via
gCaptain
Trump Rejects Iran Truce Extension as Oil Tops $90
The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon.
From
Bloomberg
via
gCaptain
Abu Dhabi Wealth Fund L’imad’s Ports Deal Signals Growing Role
Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), potentially bolstering the emirate’s efforts to build out infrastructure that could help it bypass the Strait of Hormuz.
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From
Reuters
via
gCaptain
Greece Asks EU To Step In Over ‘Unlawful Fishing’ By Turkey
ATHENS, May 15 (Reuters) – Greece on Friday asked the European Union to step in and stop what it said was unlawful fishing and violation of maritime law by Turkish fishermen in the...
From
Bloomberg
via
gCaptain
US Allows Russia Oil Sales Waiver To Expire Despite Tight Market
By Jennifer A. Dlouhy May 16, 2026 (Bloomberg) –The Trump administration allowed a waiver that encouraged more Russian crude sales to lapse, even as the Iran war stokes concerns about global...
From
John Konrad
via
gCaptain
USS Ford Strike Group Earns Presidential Unit Citation After Historic Cruise
NORFOLK, Va. — America’s newest commissioned aircraft carrier USS Gerald R. Ford (CVN-78) tied up at Pier 11 this morning after 326 days at sea, completing one of the longest deployment by...
From
Brady Sidwell
via
Barchart
USDA prompts bulls while Trump falls short on China orders
Rain arrives as wheat harvest kicks off
From
Darren Carlat
via
Barchart
The Most Consistent Seasonal Trades Across Commodities—Backed by 15 Years of Data
After analyzing roughly 500,000 seasonal spread combinations across 15 years of data, several commodity markets consistently separated themselves from the field. This article breaks down the top-performing seasonal structures, explains why energy markets continue to dominate, and highlights the importance of filtering, consistency, and market structure in spread trading.
From
Ben DiCostanzo
via
Barchart
Cattle Futures Recover and End Week on a Positive Note
Cash prices surge to new all-time highs and futures bounce back
From
Mike Schuler
via
gCaptain
Long Beach Cargo Drops as Hormuz Crisis Keeps Pressure on Supply Chains
The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain uncertainty continue to pressure international trade...
From
Austin Schroeder
via
Barchart
Wheat Falls into the Weekend
The wheat market retreated lower into the Friday close, with the three exchanges posting losses. Chicago SRW futures were down 11 to 22 1/4 cents on the day, with July 16 ¾ cents higher on the week. KC HRW futures posted 12 to 19 1/2 cent losses across the board...
From
Austin Schroeder
via
Barchart
Soybeans Close Friday with Bears Pushing Lower
Soybeans were extending the late week losses with close Friday with contracts down 7 to 15 1/12 cents. July was down 31 cents on the week, as November was down 18 ¾ cents. The cmdtyView national average Cash Bean price was down 19 cents at $11.09 1/4. Soymeal futures were...
From
Austin Schroeder
via
Barchart
Corn Falls Lower into the Weekend
Corn futures closed the Friday session with contracts falling 7 to 11 ¾ vents as July ended the week with losses of 15 ½ cents. December was12 ½ cents lower. The CmdtyView national average Cash Corn price was down 11 cents to $4.16 3/4. The weekly CFTC update from Friday...
From
Mike Schuler
via
gCaptain
NASSCO Secures $856 Million for Another Navy Fleet Oiler
General Dynamics NASSCO has received $856 million in funding to build T-AO 217, the latest ship in the U.S. Navy’s John Lewis-class fleet replenishment oiler program. The funding is part...
From
Reuters
via
gCaptain
Greek-Operated Tanker Breaks Through Hormuz Gridlock
A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this week, ship tracking data showed on Friday.