Shipping Industry News

A common thread this week has been money. How much is needed, and how much more will be needed, continues to be discussed amongst producers and lenders.

May soft red winter wheat futures present a buying opportunity on more price strength.

Corn futures are showing steady to fractionally higher trade on Friday. The CmdtyView national average Cash Corn price is up 1/2 cent at $3.98. The markets will be closed on Monday for President’s Day. Export Sales data from Thursday now has corn commitments of shipped and unshipped sales at 60.805...

The wheat complex posted gains across all three exchanges on Thursday. Chicago SRW futures are 5 to 9 cents lower. KC HRW futures are 10 to 12 cents in the red in the front months. MPLS spring wheat is down 6 to 7 cents at midday. The markets will be...

Soybeans are trading with 4 to 5 ½ cent losses at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents at $10.66 1/4. Soymeal futures are 10 to 60 cents higher on the day, with Soy Oil futures 40 to 47 points lower. The markets will...

xSingapore has delivered one of the clearest warnings yet to maritime professionals about the consequences of misleading authorities after a serious onboard accident, sentencing the master of a gas tanker to 14 months in jail for covering up details surrounding a fatal tank-cleaning incident.

The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments.

New data compiled by the Danish Maritime Authority reveals that EU-sanctioned tankers linked to Russia’s so-called “shadow fleet” made 292 voyages through Danish territorial waters in 2025, underscoring both the strategic importance of the Danish straits as a gateway to the Baltic Sea and growing concerns among European states over maritime sanctions evasion, safety and environmental risks.

Geneva-based Mediterranean Shipping Company has reached a new milestone, pushing its total containership capacity past 7.2 million TEU and solidifying its position as the world’s largest carrier with a commanding...

A coalition of environmental and clean-shipping groups is urging the International Maritime Organization to block any move that would allow ammonia-fueled ships to discharge toxic waste at sea, warning that shipping’s push toward zero-emission fuels must not come at the expense of ocean health.

CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two ports near Panama’s strategic canal.

Maersk and Eurogate are in advanced talks on a €1 billion investment to modernize Bremerhaven’s North Sea Terminal, aiming to create Europe’s first zero-emission container hub while expanding capacity and electrifying terminal operations.