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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
Bloomberg
via
gCaptain
India Linked Ship Carrying Cooking Fuel Manages Hormuz Exit
By Weilun Soon and Rakesh Sharma May 2, 2026 (Bloomberg) –An India-linked tanker laden with liquefied petroleum gas has managed to transit the Strait of Hormuz, a rare crossing that underscores...
From
Reuters
via
gCaptain
US, Philippines Deploy Anti-Ship Missile System During War Games
By Adrian Portugal BATANES, Philippines, May 2 (Reuters) – Philippine and U.S. forces on Saturday showcased the NMESIS anti-ship missile system in Batanes province, near Taiwan, during annual war games, as tensions simmer over the...
From
Reuters
via
gCaptain
Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters
May 2 (Reuters) – Yemen’s coast guard said on Saturday that the M/T EUREKA oil tanker had been hijacked off the coast of Shabwa province by unidentified armed men who boarded the vessel, seized...
From
Reuters
via
gCaptain
Blocked Hormuz Fuel Surge Claims Spirit Airlines
By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines FLYYQ.PK ceased operations on Saturday,...
From
Reuters
via
gCaptain
Iran Offers Strait Deal; Trump Dissatisfied But Prefers Non-Military Path
By Parisa Hafezi and Jacob Bogage DUBAI/WEST PALM BEACH, May 2 (Reuters) – An Iranian proposal so far rejected by U.S. President Donald Trump would open shipping in the Strait of Hormuz and end the U.S....
From
Bloomberg
via
gCaptain
Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices
By Andrey Biryukov May 1, 2026 (Bloomberg) –The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia and Oman...
From
Brady Sidwell
via
Barchart
Cattle, wheat, corn, soybeans, crude and S&P surge to new highs
Historic dissents in Fed interest rate pause
From
Darren Carlat
via
Barchart
What Happens When Seasonality and Geopolitics Collide?
Markets don’t always follow their seasonal patterns—especially during geopolitical events. This analysis of RBOB gasoline shows how conflicts can temporarily distort price action, and why structure ultimately matters more.
From
Austin Schroeder
via
Barchart
Soybeans Rounds Out the Week with Strength
Soybeans futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher this week. November was up 27 cents on the week. The cmdtyView national average Cash Bean price was up 13 1/2 cents at $11.37 3/4. Soymeal futures were steady to...
From
Austin Schroeder
via
Barchart
Wheat Trading Mostly Higher at Midday
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. KC HRW futures posted ¾ to 4 ½ cent gains, as May rallied 23 ½ cents on the week....
From
Austin Schroeder
via
Barchart
Corn Closes Friday with Gains to Round Out the Week
Corn 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 this week. The CmdtyView national average Cash Corn price was 7 cents higher on the day to $4.39 ¾....
From
Ben DiCostanzo
via
Barchart
Cattle Markets Rally to New Highs and Fail
Cattle rallies to all-time high and gives it away