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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
Shell-led LNG Canada Faces Problems as it Ramps Up Production
LONDON/HOUSTON/CALGARY, July 29 (Reuters) – Shell-led LNG Canada is experiencing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, with one LNG tanker diverting away from the...
From
Bloomberg
via
gCaptain
Russia’s Oil Shipments Have Quietly Slumped Over the Past Year
In the first seven months of 2025, Moscow exported 4% less crude than it did in the comparable period of 2024, with an even sharper drop from the same timespan in 2023, ship-tracking by Bloomberg shows.
From
Mike Schuler
via
gCaptain
Bollinger Begins Contract Talks to Extend Fast Response Cutter Program
Bollinger Shipyards has begun contract negotiations with the U.S. Coast Guard for the construction of at least 10 additional Fast Response Cutters (FRCs), supported by a historic $25 billion investment...
From
Mike Schuler
via
gCaptain
U.S. Targets Iranian Shipping Empire in Largest Sanctions Crackdown Since 2018
Son of Iran’s Supreme Leader Advisor Ran Vast Sanctions-Evasion Fleet, U.S. Says The U.S. Department of the Treasury has taken action against a sophisticated shipping empire that has been transporting...
From
Mike Schuler
via
gCaptain
Canada Designates First Four Offshore Wind Areas in Historic Clean Energy Push
The Government of Canada and Nova Scotia have jointly designated the country’s first four offshore wind energy areas, marking a significant milestone in Canada’s renewable energy development. The designated areas...
From
Mike Schuler
via
gCaptain
First International Ready for Recycling Certificate Issued Under Hong Kong Convention
GMS and the Liberian Registry have announced the landmark issuance of the world’s first International Ready for Recycling Certificate (IRRC) since last month’s entry into force of the Hong Kong...
From
Mike Schuler
via
gCaptain
Arctic Shipping’s Black Carbon Crisis Demands Immediate Action, New Report Says
A new report released today by Pacific Environment highlights the urgent need to address black carbon emissions from increasing Arctic shipping traffic. Maritime traffic in Arctic waters has seen a...
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From
Austin Schroeder
via
Barchart
Corn Leaking Back Lower at Midday
The corn market is trading with contracts down 3 to 4 ¼ cents and December up ½ cent. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2. Export Sales data from this morning...
From
Austin Schroeder
via
Barchart
Wheat Showing Strength on Thursday
The wheat complex is trading with mixed action on Thursday, as contracts are trying to posting some strength. Chicago SRW futures are up 1 to 3 cents. There were 80 delivery notices against May wheat overnight. Kansas City HRW contracts is mixed, with may up 7 and July down ½...
From
Mike Schuler
via
gCaptain
Joint Operation Yields Major Hazmat Violations at NY/NJ Port
Recent joint operations between the U.S. Coast Guard and Customs and Border Protection (CBP) at the Port of New York and New Jersey have revealed significant hazardous material compliance issues,...
From
Oliver Sloup
via
Barchart
A Choppy Grain Trade
Grain markets have been choppy over the last several sessions as money flow and technicals push and pull price action. These are the levels to keep an eye on for today’s trade.
From
Andrew Hecht
via
Barchart
Commodity Market Roundup- April’s Top Performers and Underperformers
April was a trying month for markets across all asset classes, and commodities were no exception. Markets experienced significant volatility, and many commodity prices declined.
From
Austin Schroeder
via
Barchart
Wheat Popping on Thursday Morning
Wheat is showing gains to begin May, with most contracts higher. The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. There were 80 delivery notices against May...
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Wednesday
Soybeans are slipping with fractional to 3 cent losses early on Thursday. They posted losses of 6 to 9 cents across most contracts on Wednesday. There wee 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are...
From
Austin Schroeder
via
Barchart
Corn Higher Ahead of Export Sales Release
The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national...
From
Bloomberg
via
gCaptain
Denmark Plans $1 Billion War Insurance for Merchant Shipping
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis.
The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war insurance plan to cover ships if commercial insurance markets collapse due to geopolitical instability.
From
Reuters
via
gCaptain
Venezuela Loses 20% Of Oil Exports After Cargo Cancellations to Chevron
Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron CVX.N forced ships to return and left some ports empty, ship tracking data and documents showed.
From
Mike Schuler
via
gCaptain
Hapag-Lloyd and ONE Post Gains, But Caution Clouds 2025 Outlook
Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...
From
Mike Schuler
via
gCaptain
SHIPS Act 2.0: What’s New in the 2025 Push to Revive U.S. Maritime Power
The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today by Senators Mark Kelly...