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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
US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific
The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator Schuyler Line Navigation Company (SLNC)....
From
Reuters
via
gCaptain
South Korea Tests Arctic Shipping Route to Europe
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.
From
Bloomberg
via
gCaptain
Three Chinese Tankers U-Turn in Hormuz as Risks Remain High
Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
From
Reuters
via
gCaptain
Russia and Ukraine’s Black Sea Grain Exports Grind to a Virtual Halt
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
From
Mike Schuler
via
gCaptain
Port of Corpus Christi Joins U.S. Push for Nuclear-Powered Shipping
The Port of Corpus Christi has joined the Trump administration’s push to bring nuclear technology into the U.S. maritime sector, signing an agreement with the U.S. Maritime Administration to explore...
From
Capital Link
via
gCaptain
Navigator Gas Sees U.S. Gas Export Boom Driving Handysize Demand
Navigator Gas posted the strongest quarterly results in its 25-year history as booming U.S. gas exports and longer trade routes helped lift vessel earnings and terminal volumes to record levels.
From
The Loadstar
via
gCaptain
Hapag-Lloyd’s Zim Takeover Hits Regulatory Headwinds
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback against more consolidation within liner shipping.
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From
Chris Swift
via
Barchart
Shootin' the Bull about restructuring production and processing
The industry appears to be going through some painful restructuring of production and processing capacity at the top end of the known price range.
From
Jim Wyckoff
via
Barchart
All Aboard! Grain Bulls Are Looking to Recreate Record Runs in Gold, Silver Prices
Grain futures markets bulls appear to be springing to life in 2026, as corn, soybeans and winter wheat futures prices have all been trending higher from their January lows.
From
Mike Schuler
via
gCaptain
Shipping Awaits Clarity on ‘Project Freedom’ as Hormuz Risks Remain High
BIMCO is urging shipowners to keep their guard up in the Strait of Hormuz, warning that the overall security picture for commercial shipping is effectively unchanged despite U.S. President Donald...
From
Austin Schroeder
via
Barchart
Wheat Trading Mixed on Monday
The wheat complex is trading with mixed action on Monday, with hard red contracts lower. Chicago SRW futures are up fractionally to 5 cents on Monday. There were 138 delivery notices for May CBT wheat on Friday night. KC HRW futures are down 1 to 2 cents on Monday. May...
From
Austin Schroeder
via
Barchart
Soybeans Rallying to Start the Week
Soybeans are trading with contracts up 12 to 20 cents across most contracts, led by the old crop contracts. The cmdtyView national average Cash Bean price is up 17 3/4 cents at $11.54 1/2. Soymeal futures are $1.50 to $2.40 higher on the day, with Soy Oil futures 100 to...
From
Austin Schroeder
via
Barchart
Corn Posting Midday Gains on Monday
Corn futures are trading with 4 to 5 ¼ cent gains at Monday’s Midday. There were 311 deliveries issued against May futures on Friday evening. The CmdtyView national average Cash Corn price is 4 3/4 cents higher on the day to $4.44 ¾. Export Inspections data showed corn at 2.028...
From
Reuters
via
gCaptain
Explosion Hits Ship as Trump’s Hormuz Push Meets Reality
A South Korean ship was hit by an explosion in the Strait of Hormuz on Monday and Iranian drones caused a fire at a UAE oil port, as Tehran demonstrated its grip on Middle East oil after U.S. President Donald Trump said his Navy would open the strait.
From
Mike Schuler
via
gCaptain
Coast Guard’s National Maritime Center Reopens—But Credentialing Backlog Could Stretch to a Year
The United States Coast Guard has resumed operations at its credentialing hub following the restoration of funding to the Department of Homeland Security, but the restart is unfolding under the weight of a...
From
Bloomberg
via
gCaptain
China Orders Firms to Defy U.S. Sanctions in Escalation Over Iran Oil Trade
By Bloomberg News (Bloomberg) — China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension...
From
Reuters
via
gCaptain
Evacuations Planned as Suspected Hantavirus Outbreak Traps 150 on Ship Off Cape Verde
edics were working on Monday to evacuate two people with symptoms of the deadly hantavirus after a suspected outbreak on a luxury cruise ship held off West Africa carrying mostly British, American and Spanish passengers, officials said.
From
Reuters
via
gCaptain
U.S. Escorts First US-Flagged Ships Through Hormuz as Iran Warns of Attack
The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.
From
Mike Schuler
via
gCaptain
U.S. Launches ‘Project Freedom’ to Escort Ships Out of Hormuz as Risks of Clash With Iran Loom
The United States has launched a major naval-backed operation in the Strait of Hormuz aimed at guiding stranded commercial vessels out of the conflict zone, with the first U.S.-flagged ships...