.svg){kind=icon}
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
Reuters
via
gCaptain
Tanker off Yemen Boarded by Armed People, Diverted Towards Somalia, UKMTO Says
A tanker was boarded by six armed people who took control of the vessel and diverted it towards Somalia, the United Kingdom Maritime Trade Operations (UKMTO) said on Thursday.
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Canada’s First Coast Guard Arctic and Offshore Patrol Cutter Launched at Halifax Shipyard
Halifax Shipyard has launched the first Arctic and Offshore Patrol Ship built for the Canadian Coast Guard, marking the latest milestone in Canada’s National Shipbuilding Strategy and the ongoing renewal...
From
Mike Schuler
via
gCaptain
Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen
A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention charges, in a decision that could reinforce regulatory scrutiny of carrier fee practices and strengthen...
From
Mike Schuler
via
gCaptain
U.S. Treasury Warns Hormuz ‘Toll’ Payments to Iran Could Trigger Sanctions
The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe passage” through the Strait of Hormuz are prohibited, adding...
From
Austin Schroeder
via
Barchart
Corn Gains Extend to Wednesday Morning Trade
Corn price action is up 1 to 2 ½ cents in the front months early on Wednesday. Futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is supportive. Open interest was up 6,779 contracts on Tuesday, suggesting net...
From
Austin Schroeder
via
Barchart
Wheat Pushing to Fresh Highs on Wednesday Morning
Wheat is trading at new highs early on Wednesday, with gains across the board. The wheat complex posted a double digit rally across the three exchanges on Tuesday. Chicago SRW futures were 17 to 28 1/4 cents higher on Tuesday. Open interest was down 1,644 contracts on Tuesday. KC HRW...
From
Austin Schroeder
via
Barchart
Soybeans Back to Higher Trade to Start Wednesday
Soybeans are trading with 4 to 5 cent gains so far on Wednesday morning. Futures closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds. Preliminary open interest was down 38,061 contracts in...
From
Bloomberg
via
gCaptain
Aged Oil Tanker Suggests Iran Is Bringing Back Retired Ships
A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign that Tehran could be using retired ships to keep loading oil as its storage space runs out.
From
Reuters
via
gCaptain
Trump Urges Iran to Sign a Deal After Report Suggests US May Extend Blockade
U.S. President Donald Trump on Wednesday urged Iran to 'get smart soon' and sign a deal, following days of deadlock in efforts to end the conflict and a media report that the U.S. would extend its blockade of Iran's ports.
From
Walsh Trading
via
Barchart
Kansas City Wheat Revisited
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week I wrote about the gap higher in the Kansas City wheat (Hard Red Winter Wheat) chart pattern. I predicted it would continue to go higher and looking at the...
From
Mike Schuler
via
gCaptain
US-Led Bloc Condemns China Pressure on Panama-Flagged Ships
Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty and condemning pressure tied to recent actions against Panama-flagged vessels, escalating...
From
Mike Schuler
via
gCaptain
U.S. Forces Search and Release Containership Suspected of Violating Blockade on Iran
U.S. forces boarded a commercial vessel in the Arabian Sea on Monday as Washington stepped up enforcement of its blockade on Iranian ports, with U.S. Central Command saying 39 vessels have now been redirected since the operation began.
From
Austin Schroeder
via
Barchart
Soybeans Come Back to Close Mixed on Tuesday
Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds. The cmdtyView national average Cash Bean price was down 1 1/4 cents at $11.15. Soymeal futures were down $0.40 to $1.50 across...