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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How Sanctioned Russian Arctic LNG Hardware Could Find a Second Life in Alaska’s ‘Polar LNG’ Project
News
March 30, 2026
From 
Malte Humpert
 via 
gCaptain

How Sanctioned Russian Arctic LNG Hardware Could Find a Second Life in Alaska’s ‘Polar LNG’ Project

A newly proposed liquefied natural gas project on Alaska’s North Slope is exploring whether sanctioned equipment originally built for Russia’s Arctic LNG 2 development could be repurposed – highlighting both the opportunities and geopolitical hurdles shaping the next phase of Arctic energy.
Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says
News
March 30, 2026
From 
Bloomberg
 via 
gCaptain

Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says

A search for three crew members reported missing after a Thai-flagged cargo vessel was attacked in the Strait of Hormuz earlier this month failed to locate them, according to ship’s owner.
Brent Heads for Record Monthly Leap as Houthi Attacks Widen Gulf Conflict
News
March 30, 2026
From 
Reuters
 via 
gCaptain

Brent Heads for Record Monthly Leap as Houthi Attacks Widen Gulf Conflict

Oil prices extended gains on Monday, with Brent heading for a record monthly rise, after Yemeni Houthis widened the Iran war by launching their first attacks on Israel.
While Other Markets Panic, Corn Just Got a Constructive Edge – Here's Why
Grain
March 30, 2026
From 
Don Dawson
 via 
Barchart

While Other Markets Panic, Corn Just Got a Constructive Edge – Here's Why

While stocks, crypto, metals, & bonds are getting whipsawed by tariffs and Middle East headlines, corn just quietly rallied 59¢ off the low $4.30s. July '26 futures are now near $4.87. Not a blow-off top, but the setup is turning constructive. Geopolitics might be handing producers a better pricing window than most realize.
Soybeans Seeing Slight Monday Morning Gains
Grain
March 30, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Seeing Slight Monday Morning Gains

Soybeans are trading with 1 to 3 cent gains on Monday AM trade. Futures closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents last week. Open interest was up 1,748 contracts on Friday. The cmdtyView national average...
Corn Slipping Lower on Monday Morning
Grain
March 30, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Slipping Lower on Monday Morning

Corn price action is down 1 to 3 cents early on Monday morning. Futures eased back lower into the weekend, closing Friday with contracts steady to 5 cents lower led by the nearbys. Front month May was down 3 ½ cents last week. Open interest was up 6,554 contracts on...

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Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs
News
July 25, 2025
From 
The Loadstar
 via 
gCaptain

Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs

Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide.
CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh
News
July 25, 2025
From 
Reuters
 via 
gCaptain

CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh

CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.
Oil Production Resumes at Santa Ynez Unit After Decade-Long Shutdown Following Major California Spill
Offshore
July 25, 2025
From 
Mike Schuler
 via 
gCaptain

Oil Production Resumes at Santa Ynez Unit After Decade-Long Shutdown Following Major California Spill

After nearly a decade of inactivity following one of California’s worst oil spills in recent history, production has resumed at the Santa Ynez Unit (SYU) in the Pacific. The restart...
Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster
Accidents
July 25, 2025
From 
Mike Schuler
 via 
gCaptain

Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster

Sri Lanka’s highest court on Thursday ordered a Singaporean shipping firm to pay US$1 billion in damages for the island’s worst marine pollution caused by its sunken vessel. The Supreme...
Energy Giants Saipem and Subsea7 Announce $23 Billion Merger Deal
Offshore
July 25, 2025
From 
Mike Schuler
 via 
gCaptain

Energy Giants Saipem and Subsea7 Announce $23 Billion Merger Deal

Saipem and Subsea7 have signed a binding merger agreement to create a global powerhouse in energy services. The resulting entity, to be named Saipem7, will combine the two companies’ complementary...
TechnipFMC Surges on Outlook for $10 Billion in Subsea Orders
Offshore
July 24, 2025
From 
Bloomberg
 via 
gCaptain

TechnipFMC Surges on Outlook for $10 Billion in Subsea Orders

Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that underscores the industry’s optimism over production at sea.
Indian Firm Shipped Explosives to Russia Despite US Warnings
News
July 24, 2025
From 
Reuters
 via 
gCaptain

Indian Firm Shipped Explosives to Russia Despite US Warnings

An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort.
CMA CGM Phoenix Becomes Largest Containership Ever to Fly U.S. Flag
Shipping
July 24, 2025
From 
Mike Schuler
 via 
gCaptain

CMA CGM Phoenix Becomes Largest Containership Ever to Fly U.S. Flag

French shipping group CMA CGM marked a major milestone with the official reflagging of the CMA CGM Phoenix under the U.S. flag in Charleston, South Carolina. At 9,300 TEU capacity,...
Greece to Send Salvage Ship to Red Sea After Latest Houthi Attacks
Shipping
July 24, 2025
From 
Reuters
 via 
gCaptain

Greece to Send Salvage Ship to Red Sea After Latest Houthi Attacks

Greece will deploy a salvage vessel in the Red Sea to assist in maritime accidents and protect seafarers and global shipping, the shipping minister said on Thursday, following attacks on two Greek vessels by Yemen's Houthi militants this month.
Iron Ore Exports Swell to Record at Australia’s Top Port
Shipping
July 24, 2025
From 
Bloomberg
 via 
gCaptain

Iron Ore Exports Swell to Record at Australia’s Top Port

Iron ore shipments from Australia’s largest bulk-export terminal swelled to a record in June, in a sign of ample seaborne supplies just as concerns mount about the outlook for Chinese demand.
Kazakh Black Sea Oil Exports Resume as Tankers Given Access
Shipping
July 24, 2025
From 
Reuters
 via 
gCaptain

Kazakh Black Sea Oil Exports Resume as Tankers Given Access

Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday.
Equinor Reports $763 Million Impairment on Empire Wind Amid Regulatory Setbacks
Offshore
July 24, 2025
From 
Mike Schuler
 via 
gCaptain

Equinor Reports $763 Million Impairment on Empire Wind Amid Regulatory Setbacks

Equinor has reported a significant impairment of $763 million related to its Empire Wind 1 offshore wind project and South Brooklyn Marine Terminal development in its second quarter 2025 financial...