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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
Mike Schuler
via
gCaptain
Fishing Companies Fined $1.2 Million for Illegal Bilge Dumping in Alaska Waters
A federal district court in Anchorage has imposed civil penalties exceeding $1.18 million against three Kodiak-based commercial fishing companies and their manager for Clean Water Act violations. The judgment, entered...
From
Reuters
via
gCaptain
Markets Dive After Trump Hits Countries with Steep Tariffs
By John Revill and Trevor Hunnicutt ZURICH/WASHINGTON, Aug 1 (Reuters) – U.S. President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners sent global stock markets...
From
Bloomberg
via
gCaptain
Trump Yanks Millions of Acres Designated for Offshore Wind
By Ari Natter (Bloomberg) — The Trump administration is revoking approval for millions of acres of ocean to be set aside for offshore wind development amid an escalating attack on...
From
The Loadstar
via
gCaptain
SeaLead Terminates Charters on Sanctioned Ships Linked to Iran
Singapore carrier SeaLead Shipping yesterday terminated charters on 16 ships caught up in the US Office of Foreign Asset Control’s (OFAC) sanctions on an Iranian political adviser.
From
Reuters
via
gCaptain
Panama Communities Challenge Canal Expansion Project in Supreme Court
Communities in Panama that would have to relocate under the Panama Canal's plan to build a $1.6 billion reservoir filed a Supreme Court challenge on Thursday, saying the project intended to enable more vessel transits is unconstitutional.
From
The Loadstar
via
gCaptain
Container Spot Rates Flat as Peak Season Fails to Materialize
Container spot freight rates on the major east-west trades were barely unchanged for yet another week, as expected peak season volumes are yet to materialise and carrier attempts to match capacity with anaemic demand failed to lift prices.
From
Mike Schuler
via
gCaptain
Opinion: Fed Agencies Paralyzed or Deep State Run Amok?
Why the Senate Must Confirm Civilian Leadership Over the Army Corps of Engineers By William P. Doyle — The U.S. Senate must act to confirm federal agency leadership—starting with the...
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From
Oliver Sloup
via
Barchart
Grain Markest Slid Lower on Tuesday but are Attempting to Find Their Footing in the Early Morning Trade
Grain markets were hit hard in Tuesday’s trade, with several markets breaking back below technical support levels. Corn and wheat are attempting to find their footing in the early morning trade while Soybeans remain under pressure.
From
Austin Schroeder
via
Barchart
Corn Holding Steady Early on Wednesday
Corn is trading with contracts mixed to begin Wednesday. Futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. Preliminary open interest was down 43,297 contracts, with May dropping 44,926 contracts and taking just 10,755 contracts...
From
Austin Schroeder
via
Barchart
WheatWheat Back to Mixed Trade Early on Wednesday
Wheat is showing mixed action on Wednesday morning. The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. There were 88 deliveries issued for May futures on FND. Kansas City HRW contracts were 8...
From
Austin Schroeder
via
Barchart
Soybeans Extending Losses on Wednesday Morning
Soybeans are down 6 to 8 cents early on Wednesday. The market closed with Tuesday losses of 9 to 11 cents. Preliminary open interest was down 16,902 contracts, with 21,737 contracts leaving May ahead of FND. OI was just 5,160 contracts for the in delivery contract, with 3 deliveries issued...
From
Darin Newsom
via
Barchart
Is HRW the Next WTI?
Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.
From
Malte Humpert
via
gCaptain
Russia Reflags, Renames Sanctioned ‘Shadow Fleet’ LNG Tankers Ahead of Suspected Arctic LNG 2 Startup
Four ice-strengthened newbuild LNG carriers have been reflagged to the Russian Federation along with name changes. The vessels are part of Russia’s emerging ‘shadow fleet’ designed to deliver sanctioned liquefied natural gas from the Arctic.
From
Reuters
via
gCaptain
Inside the U.S. Battle with China over a Pacific Island Paradise
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle.
From
Bloomberg
via
gCaptain
China Is Days Late in Releasing Trade Data as US Shipping Slumps
China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the US.
From
Jim Roemer
via
Barchart
The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets
Jim winds up his pitch at readers to swing for the spring/summer grain market play
From
Mike Schuler
via
gCaptain
OOCL Orders 14 Methanol-Fueled Container Vessels in Major Fleet Expansion
Orient Overseas (International) Limited (OOCL) has signed contracts for the construction of fourteen new containerships equipped with methanol dual-fuel engines, marking a significant step in the company’s fleet expansion. The...
From
Walsh Trading
via
Barchart
Soybean -- The protein that the world wants
The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA's failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning...
From
Reuters
via
gCaptain
North Korea Fires First Missile from New Warship
North Korea earlier this week conducted the first test-firing of the weapons system of the new "Choe Hyon-class" warship it recently unveiled, state media KCNA reported on Wednesday.