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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India To Maintain Russian Oil Imports Despite Trump Threats
News
August 2, 2025
From 
Reuters
 via 
gCaptain

India To Maintain Russian Oil Imports Despite Trump Threats

NEW DELHI, Aug 2 (Reuters) – India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to...
Shipping Tycoon Aponte’s TiL Gets $2.5 Billion In Private Debt
Shipping
August 2, 2025
From 
Bloomberg
 via 
gCaptain

Shipping Tycoon Aponte’s TiL Gets $2.5 Billion In Private Debt

By Kat Hidalgo and Silas Brown Aug 1, 2025 (Bloomberg) –Terminal Investment Ltd., the port operator controlled by Italian billionaire Gianluigi Aponte, raised $2.5 billion through a privately-placed bond sale. The...
Panama Closes Ship Registry to Older Oil Tankers and Bulkers Amid Shadow Fleet Concerns
Shipping
August 2, 2025
From 
Mike Schuler
 via 
gCaptain

Panama Closes Ship Registry to Older Oil Tankers and Bulkers Amid Shadow Fleet Concerns

The Panama Ship Registry will no longer accept the registration of oil tankers or bulk carriers that are more than 15 years old. This decisive action aims to optimize fleet...
Trump Orders Nuclear Submarines Moved After Russian ‘Provocative Statements’
Defense
August 2, 2025
From 
Reuters
 via 
gCaptain

Trump Orders Nuclear Submarines Moved After Russian ‘Provocative Statements’

By Phil Stewart, Jonathan Landay and Ryan Patrick Jones WASHINGTON, Aug 1 (Reuters) – U.S. President Donald Trump on Friday said he had ordered two nuclear submarines to be positioned in “the...
Fishing Companies Fined $1.2 Million for Illegal Bilge Dumping in Alaska Waters
News
August 1, 2025
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...
Markets Dive After Trump Hits Countries with Steep Tariffs
Shipping
August 1, 2025
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...

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Corn Leaking Lower Early on Tuesday
Grain
April 29, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Leaking Lower Early on Tuesday

The corn market is showing fractional to 2 cent losses across most contracts on Tuesday morning. Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness. Preliminary open interest was down 34,144 contracts on Monday,...
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade
Shipping
April 29, 2025
From 
Malte Humpert
 via 
gCaptain

Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade

On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.
F/A-18 Super Hornet Lost Overboard in Red Sea
Defense
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

F/A-18 Super Hornet Lost Overboard in Red Sea

The USS Harry S. Truman (CVN 75) Carrier Strike Group reported the loss of an F/A-18E Super Hornet and tow tractor during a routine operation in the Red Sea on...
Corn Holds onto Losses into the Monday Close
Grain
April 28, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Holds onto Losses into the Monday Close

Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness. The nearby CmdtyView national average Cash Corn price was down 2 1/4 cents at $4.49 1/2. Spillover pressure came from the wheat market. Weekly Export...
Wheat Falls Lower to Begin the Week, as Crop Ratings Improve
Grain
April 28, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Falls Lower to Begin the Week, as Crop Ratings Improve

The wheat complex fell lower across the three markets on Monday, as futures never recovered from sharp overnight losses. Chicago SRW futures were down 13 to 15 cents. Kansas City HRW contracts were 11 to 14 cents lower on Monday. MPLS spring wheat was 8 to 10 cents in the...
Soybeans Close Monday with Mixed Action
Grain
April 28, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Close Monday with Mixed Action

The soybean market posted 2 to 4 cent gains in the nearby contracts on Monday, with new crop down ¼ cent on the day. CmdtyView’s national front month Cash Bean price as up 2 3/4 cents at $10.06 3/4. Soymeal futures were down $2.50 to $3/ton, with Soy Oil futures...
Shootin' The Bull about higher cash and new world screw worms
Grain
April 28, 2025
From 
Chris Swift
 via 
Barchart

Shootin' The Bull about higher cash and new world screw worms

Futures responded positively to the new world screw worm headline that came in over the weekend where the US Secretary of Agriculture Brooke Rollins sent a letter to the Mexican Government stating that our borders would close again to Mexican cattle, horses and bison if steps were not taken to stop the spread into the US
Grain Spreads: Commercial Hedge Spreads
Grain
April 28, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Commercial Hedge Spreads

Longer Term Trading Strategies Explored
West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan
Ports
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan

The International Longshore and Warehouse Union (ILWU) has issued a forceful statement opposing recently implemented tariffs between the United States and China, warning of severe consequences for maritime workers and...
Crop Progress
Grain
April 28, 2025
From 
 via 
Barchart

Crop Progress

Crop Progress - 2025-04-28
One Dead, 12 Injured as Boat Hits Passenger Ferry in Florida
Accidents
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

One Dead, 12 Injured as Boat Hits Passenger Ferry in Florida

A collision between a recreational vessel and the Clearwater Ferry near the Clearwater Memorial Causeway Bridge in Florida on Sunday evening has left one person dead and multiple passengers injured....
Fire at Iran’s Bandar Abbas Port Contained as Death Toll Rises
Ports
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

Fire at Iran’s Bandar Abbas Port Contained as Death Toll Rises

The death toll from a major explosion in Iran's most important container port of Bandar Abbas rose to at least 65, with over 1,200 injured, state media said on Monday, as firefighters battled a blaze that Iranian officials said was now under control 48 hours after the start of the fire.