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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
Malte Humpert
via
gCaptain
Chinese Icebreaker ‘Xue Long 2’ Operating North of Alaska, Two More En Route to Arctic
China’s first home-built polar icebreaker Xue Long 2 has arrived in the Arctic for its summer 2025 research mission. The vessel departed from Shanghai around two weeks ago on July 5. After passing through the Bering Strait in proximity to Alaska and entering the Chukchi Sea, the icebreaker has now turned east, traveling into the Beaufort Sea to the north of Alaska.
From
Bloomberg
via
gCaptain
Trump’s Critical Minerals Obsession Reignites Deep-Sea Mining
The leader of one of the most aggressive seabed mining startups spent years invoking global warming to spark interest in extracting avocado-sized rocks rich in electric-vehicle battery metals from the bottom of the ocean.
From
Bloomberg
via
gCaptain
Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy
Shipowners and oil traders are staying away from Russia-backed Nayara Energy Ltd. as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions.
From
Reuters
via
gCaptain
Holes in EU Russia Sanctions Put Attention Back on Trump Oil Threat
The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving U.S. President Donald Trump's threat of secondary sanctions one of the few remaining economic levers to pressure the Kremlin.
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Key Houthi Petroleum Network in Yemen and UAE
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two individuals and five entities involved in money laundering and petroleum importation that directly benefit the...
From
Mike Schuler
via
gCaptain
Shipping Magnate John Fredriksen Selling $337 Million London Mega-Mansion
Shipping billionaire John Fredriksen is leaving the UK after listing his historic London mansion for a eye-popping $337 million, according to reports. The 81-year-old Cypriot, worth an estimated $17 billion,...
From
Reuters
via
gCaptain
Putin Tightens Control Over Ports, Requiring FSB Approval for Foreign Ships
Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Bloomberg
via
gCaptain
Chinese Trade Flow Resilient at End of April Despite US Tariffs
China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is widely expected to eventually slow the world’s second-largest economy.
From
Reuters
via
gCaptain
As Trump Tariffs Sink in, Canadian Companies Pivot From US to New Markets
A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the United States stretching back 35 years, is telling customers to expect to pay higher prices. Another company, that produces mascot costumes for sporting or school events, is lowering its prices so as not to lose American customers.
From
Ben DiCostanzo
via
Barchart
Hogs Consolidate While Cattle Markets Make New All-Time Highs
Cattle Markets Rally to new highs with Cash Markets at new all-time high prices
From
Austin Schroeder
via
Barchart
Wheat Weakness Comes Back on Monday
The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. Kansas City HRW futures were under pressure on Monday with contracts 8 to 9 cents in the red. Minneapolis spring wheat futures was the firmest of the three...
From
Austin Schroeder
via
Barchart
Corn Collapses Towards April Lows on Monday
Corn futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. The nearby CmdtyView national average Cash Corn price was down 15 at $4.24 3/4. An opening for planting across the Corn Belt,...
From
Austin Schroeder
via
Barchart
Soybeans Fall to Start the Week
Soybeans fell lower on Monday, with contracts down 8 to 13 cents across most months at the close. CmdtyView’s national front month Cash Bean price was down 13 cents at $9.93. Soymeal futures were down $1.40 to $2.20/ton, with Soy Oil futures falling 42 to 71 points. Export Inspections data...
From
Chris Swift
via
Barchart
Shootin' the Bull about wide positive basis in fats
The tiger trap is as deep as I have seen this year in the fat market.
From
Reuters
via
gCaptain
States Sue Over Trump’s Offshore Wind Pause
A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy.
From
Jim Wyckoff
via
Barchart
A New Storm Cloud Is Throwing Shade on Grain Markets. Here’s What Could Bring Out the Sun.
Grain markets traders have a weather-market wild card in their vests as the spring and summer months kick off.
From
Mike Schuler
via
gCaptain
Maersk Containership Drifting Off Bermuda After Engine Room Incident, Three Crew Injured
The container vessel Maersk Sana experienced “machinery-related issues” in its main engine room while en route from Newark to Singapore on April 28, 2025, a Maersk spokesperson has confirmed to...
From
Mike Schuler
via
gCaptain
Commonwealth LNG Signs Major 20-Year LNG Supply Deal with Asian Buyer
Commonwealth LNG has secured a significant 20-year Sale and Purchase Agreement (SPA) with a major Asian energy company for 1 million tonnes per annum (mtpa) of LNG from its upcoming...