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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Greek Port Workers Jailed Pending Trial On Drug Smuggling Charges
Ports
July 26, 2025
From 
Reuters
 via 
gCaptain

Greek Port Workers Jailed Pending Trial On Drug Smuggling Charges

ATHENS, July 25 (Reuters) – Six workers at Greece’s largest port Piraeus, arrested for allegedly participating in a gang smuggling cocaine hidden in shipping containers from Latin America, were jailed pending trial...
Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive
News
July 26, 2025
From 
Bloomberg
 via 
gCaptain

Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive

By Patrick Sykes and Anna Shiryaevskaya Jul 23, 2025 (Bloomberg) –From US natural gas to Southeast Asian oil and and uranium in Sub-Saharan Africa, Turkey is on a global hunt for...
‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point
News
July 26, 2025
From 
Bloomberg
 via 
gCaptain

‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point

By Danielle Bochove Jul 24, 2025 (Bloomberg) –The world’s oceans experienced a staggering amount of warming in 2023, as vast marine heat waves affected 96% of their surface, breaking records for intensity, longevity...
Russia’s Lone Aircraft Carrier Likely to be Scrapped or Sold, Says Shipbuilding Chief
Defense
July 25, 2025
From 
Reuters
 via 
gCaptain

Russia’s Lone Aircraft Carrier Likely to be Scrapped or Sold, Says Shipbuilding Chief

Russia's only aircraft carrier, the 40-year-old Admiral Kuznetsov, is likely to be sold or scrapped, the chairman of Russia's state shipbuilding corporation told the Kommersant newspaper in comments published on Friday.
Australia, UK to Sign 50-Year Treaty for Nuclear Submarines
Defense
July 25, 2025
From 
Bloomberg
 via 
gCaptain

Australia, UK to Sign 50-Year Treaty for Nuclear Submarines

Australia and the UK will sign a landmark 50-year defense treaty on Saturday to underpin the construction of nuclear-powered submarines, senior ministers said following high-level talks in Sydney.
Critical Rudder Failure: Bulk Carrier Narrowly Avoids Grounding After Maintenance Error
Accidents
July 25, 2025
From 
Mike Schuler
 via 
gCaptain

Critical Rudder Failure: Bulk Carrier Narrowly Avoids Grounding After Maintenance Error

A fully loaded bulk carrier narrowly avoided disaster when its rudder completely broke off during departure from a New Zealand port, highlighting critical failures in maintenance procedures that could have...

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Activist Aid Ship Hit by Drones on Way to Gaza
News
May 2, 2025
From 
Reuters
 via 
gCaptain

Activist Aid Ship Hit by Drones on Way to Gaza

VALLETTA, May 2 (Reuters) – A ship carrying humanitarian aid and activists for Gaza was bombed by drones in international waters off Malta early on Friday, its organizers said, alleging that Israel was to blame. The...
Dominion Says Tariffs May Add $500 Million to Wind Project Cost
Offshore
May 2, 2025
From 
Bloomberg
 via 
gCaptain

Dominion Says Tariffs May Add $500 Million to Wind Project Cost

President Donald Trump’s tariffs threaten to increase the cost of a big offshore wind farm that Dominion Energy Inc. is building by as much as $500 million, the company said Thursday.
Grain markets are firm in the overnight and early morning trade, will it last?
Grain
May 2, 2025
From 
Oliver Sloup
 via 
Barchart

Grain markets are firm in the overnight and early morning trade, will it last?

Corn, soybeans, and wheat are all higher in the early morning trade. Can the markets regain ground and finish the week back above technical resistance?
Blanked Sailings Buoy Spot Rates Amid Broad Market Slide
Shipping
May 2, 2025
From 
The Loadstar
 via 
gCaptain

Blanked Sailings Buoy Spot Rates Amid Broad Market Slide

Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread blanked sailings on the transpacific trade managed to stave off a complete crash.
Mediterranean Sea Becomes World’s Fifth Sulphur Emission Control Area
Shipping
May 2, 2025
From 
Mike Schuler
 via 
gCaptain

Mediterranean Sea Becomes World’s Fifth Sulphur Emission Control Area

The Mediterranean Sea has become the world’s fifth Emission Control Area (ECA) for sulphur oxides starting May 1, 2025. This landmark regulation, adopted by the International Maritime Organization (IMO), will...
Coast Guard Greenlights ‘Full Production’ of Polar Security Cutter Icebreaker Years Behind Schedule
Defense
May 2, 2025
From 
Malte Humpert
 via 
gCaptain

Coast Guard Greenlights ‘Full Production’ of Polar Security Cutter Icebreaker Years Behind Schedule

The construction of the first heavy icebreaker built in the United States in nearly five decades continues to inch along. The Department of Homeland Security approved the start of “full production” on the initial Polar Security Cutter on April 30, 2025.
China Shipping Loophole Closed by Trump, Raising Prices for US Consumers
Shipping
May 2, 2025
From 
Bloomberg
 via 
gCaptain

China Shipping Loophole Closed by Trump, Raising Prices for US Consumers

Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an exception he called a “big scam” takes effect.
Soybeans Popping Higher on Thursday
Grain
May 2, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Popping Higher on Thursday

Soybeans are trading with 3 to 4 cent gains across most contracts early on Friday, Futures closed out the Thursday session with contracts 4 to 7 cents across most months. Preliminary open interest was up 3,770 contracts on Thursday, suggesting some very slight net new buying. There were 3 deliveries...
Wheat Higher on Friday Morning
Grain
May 2, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Higher on Friday Morning

Wheat is trading with Friday morning gains across the three exchanges. The wheat complex was mixed on Thursday, with contracts on either side of unch across the three markets. Chicago SRW futures posted fractional to 2 ¼ cent gains. Preliminary open interest was up 7,187 contracts on Thursday, with OI...
Corn Pushing Higher Early on Friday
Grain
May 2, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Pushing Higher Early on Friday

Corn futures are up 2 to 4 cents so far on Friday morning. The corn market ended the Thursday session with contracts down 3 to 4 cents in the nearbys and up a penny in December. Preliminary open interest was up 6,510 contracts on Thursday, most coming in December. There...
Secretary of Navy Visits South Korean Shipyards Amid Growing Maritime Ties
Defense
May 1, 2025
From 
Mike Schuler
 via 
gCaptain

Secretary of Navy Visits South Korean Shipyards Amid Growing Maritime Ties

Secretary of the Navy John Phelan visited major South Korean shipyards this week amid strengthening maritime cooperation between the United States and the Republic of Korea. During his visit to...
Pure Hedge - Livestock and Grain
Grain
May 1, 2025
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Grains Can All Trade Higher - Watch Out Below in the Cattle Markets