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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
EdgeClear
via
Barchart
Kernels of Conviction: Corn Futures (ZC) Find Their Footing Above 470
Corn futures have reclaimed bullish momentum over the past month, driven by a confluence of record-pace export commitments running 30% above year-ago levels, geopolitical risk premium from the ongoing U.S.-Iran conflict and its persistent disruption to the Strait of Hormuz, and a biofuel demand tailwind as elevated crude oil keeps ethanol economics attractive. After months of two-way rotation between 470 and 480, the market broke above 470 in the past week, posting a 13-month high close. The key question going forward is whether buyers can defend 470 on any pullback and press the market toward the 496 Daily Level 1 target.
From
Bloomberg
via
gCaptain
Qatar Extends Force Majeure on LNG Supply Through Mid-June
State producer QatarEnergy extended force majeure on its liquefied natural gas supply through mid-June, according to people familiar with the matter, as the Strait of Hormuz remains almost entirely closed to tanker traffic.
From
Austin Schroeder
via
Barchart
Wheat Falling Back on Monday Morning
Wheat is trading lower so far on Monday morning. The wheat complex closed Friday with most exchanges higher. Chicago SRW futures saw steady to 5 cent higher trade, as May was 16 ¼ cents in the green since last Friday. There were 138 delivery notices for May CBT wheat on...
From
Austin Schroeder
via
Barchart
Soybeans Starting Monday with Strength
Soybeans are trading 3 to 8 cents higher so far on Monday morning. Futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher last week. November was up 27 cents on the week. Preliminary open interest suggested new buying interest, up...
From
Austin Schroeder
via
Barchart
Corn Easing Back to Start Monday Morning
Corn price action is mostly 1 to 2 cents weaker so far on Monday AM trade. Futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher last week. Preliminary open...
From
Reuters
via
gCaptain
Iran Says It Turns Back US Warship From Strait of Hormuz, US Official Denies Missile Strike
Iran said it had forced a U.S. warship to turn back from entering the Strait of Hormuz on Monday, but a U.S. official denied a report that it had been struck by Iranian missiles, according to an Axios journalist.
From
Malte Humpert
via
gCaptain
Stricken Russian LNG Tanker ‘Arctic Metagaz’ Anchored Off Libya After Two-Month Odyssey, Future Uncertain
The burnt-out Russian LNG carrier Arctic Metagaz has been anchored off Libya’s eastern coast, potentially ending a two-month drift across the central Mediterranean, though uncertainty remains over how authorities will handle the stricken vessel.
From
Bloomberg
via
gCaptain
Trump Says US To Start Guiding Trapped Ships Through Hormuz
By María Paula Mijares Torres May 3, 2026(Bloomberg) –President Donald Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz...
From
Bloomberg
via
gCaptain
Philippines Accuses China of Conducting Illegal Marine Research
By Ditas B Lopez May 3, 2026(Bloomberg) –The Philippine Coast Guard said four Chinese vessels were conducting illegal marine scientific research in its waters and threatened to deploy aircraft and boats...
From
Reuters
via
gCaptain
Israel Court Extends Detention Of Gaza Flotilla Activists
ASHKELON, Israel, May 3 (Reuters) – An Israeli court has extended by two days the detention of two activists arrested aboard a Gaza-bound flotilla that was intercepted by Israeli forces in international waters near...
From
Reuters
via
gCaptain
Swedish Coast Guard Seizes Suspected False Flag Tanker In Baltic Sea
STOCKHOLM, May 3 (Reuters) – The Swedish Coast Guard said on Sunday it had seized a tanker in the Baltic Sea believed to be part of Russia’s shadow fleet, the latest in a string...
From
Reuters
via
gCaptain
Ukrainian Drones Hit Russia’s Primorsk Port, Oil Tankers And Military Ships
May 3 (Reuters) – Ukraine launched a wave of drone attacks on targets across Russia on Sunday, hitting the Baltic Sea port of Primorsk and setting it on fire, and striking a number of...