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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Easter rains are a welcome blessing
Grain
April 19, 2025
From 
Brady Sidwell
 via 
Barchart

Easter rains are a welcome blessing

USDA Cattle-on-Feed released Thursday
USTR Proposes 100% Tariffs on Chinese Ship-to-Shore Cranes and Cargo Handling Equipment
Ports
April 18, 2025
From 
Mike Schuler
 via 
gCaptain

USTR Proposes 100% Tariffs on Chinese Ship-to-Shore Cranes and Cargo Handling Equipment

Alongside sweeping action on port fees for Chinese-built and operated ships, the United States Trade Representative has announced potential significant measures targeting China’s dominance in maritime infrastructure, proposing tariffs of...
Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area
Offshore
April 18, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area

The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a significant shift in U.S. offshore energy...
Trump Moves to Levy Chinese Vessels in Widening Trade War
Shipping
April 18, 2025
From 
Bloomberg
 via 
gCaptain

Trump Moves to Levy Chinese Vessels in Widening Trade War

The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.
U.S. Launches Deadliest Strike on Yemen’s Ras Isa Fuel Terminal
Defense
April 18, 2025
From 
Reuters
 via 
gCaptain

U.S. Launches Deadliest Strike on Yemen’s Ras Isa Fuel Terminal

ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the deadliest attack since the U.S. started its...
USTR’s New Maritime Fee Regime Sparks Industry Pushback
Shipping
April 18, 2025
From 
Mike Schuler
 via 
gCaptain

USTR’s New Maritime Fee Regime Sparks Industry Pushback

Liner shipping association the World Shipping Council (WSC) has raised significant concerns about the newly announced U.S. Trade Representative port fee regime, warning of potential adverse effects on American trade...

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HD Hyundai Signs Two Major U.S. Defense MOUs, Signaling Korean Push into American Shipbuilding
Shipbuilding
April 9, 2025
From 
Mike Schuler
 via 
gCaptain

HD Hyundai Signs Two Major U.S. Defense MOUs, Signaling Korean Push into American Shipbuilding

HD Hyundai Heavy Industries (HHI) has signed two separate memorandums of understanding this week with major American defense contractors in a move seen as underscoring growing South Korean involvement in...
Wheat Posting Mixed Action on Wednesday
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posting Mixed Action on Wednesday

The wheat complex is mixed at midday, with the hard red contracts showing the strength. Chicago SRW futures are leaking lower with fractional to 2 cent losses. Kansas City HRW contracts are up 3 to 5 cents at midday. MPLS spring wheat is posting 4 to 5 cent gains in...
Soybean Gains Holding on Wednesday as Trade War Escalates
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Soybean Gains Holding on Wednesday as Trade War Escalates

Soybeans are looking at midday gains despite the trade war escalation overnight, as contracts are up 2 to 6 cents. CmdtyView’s national front month Cash Bean price is up 3 cents at $9.41. Soymeal futures are up $3.70/ton, with Soy Oil futures down 35 points. The addition 50% tariffs on...
Corn Mixed at Midday
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Mixed at Midday

The corn market is showing some unwinding of the recent bull spreading at midday, with nearby contracts down fractionally. New crop December is up 1 ½ cents. The front month CmdtyView national average Cash Corn price is down 3/4 cent at $4.40 3/4. EIA data from this morning showed a...
CK Hutchison Says it Invested $1.7B in Panama, Surpassing Obligations
News
April 9, 2025
From 
Reuters
 via 
gCaptain

CK Hutchison Says it Invested $1.7B in Panama, Surpassing Obligations

April 9 (Reuters) – A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing the amount required under its contract, which is...
End of a Growth Era: U.S. Container Imports Set to Plunge as Sweeping Trade Tariffs Take Effect
Shipping
April 9, 2025
From 
Mike Schuler
 via 
gCaptain

End of a Growth Era: U.S. Container Imports Set to Plunge as Sweeping Trade Tariffs Take Effect

May 2025 is projected to mark the end of 19 consecutive months of year-over-year growth amid Trump’s escalating Trade War, new forecasts warn. Major U.S. container ports are bracing for...
Grain Markets Continue to Impress
Grain
April 9, 2025
From 
Oliver Sloup
 via 
Barchart

Grain Markets Continue to Impress

Grain markets have done an incredible job shrugging off the chaos in the outside markets. A sign of a sound fundamental backdrop?
Fire Breaks Out on Container Ship ‘Victoria L’ Off Dutch Coast
Accidents
April 9, 2025
From 
Mike Schuler
 via 
gCaptain

Fire Breaks Out on Container Ship ‘Victoria L’ Off Dutch Coast

A fire erupted in the engine room of the container ship Victoria L approximately 30 nautical miles west of Scheveningen, Netherlands, prompting a rapid response from Dutch authorities. The vessel,...
China Raises Tariffs on US Goods to 84% as Trade Rift Worsens
News
April 9, 2025
From 
Bloomberg
 via 
gCaptain

China Raises Tariffs on US Goods to 84% as Trade Rift Worsens

China retaliated against new tariffs imposed by President Donald Trump by announcing it would raise duties on US goods, roiling markets and deepening a trade war between the world’s largest economies.
Corn Popping Higher to Kick Off Wednesday Trade
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Popping Higher to Kick Off Wednesday Trade

Corn futures are showing 1 to 3 cent gains so far on Wednesday morning. The corn market found some support on Tuesday with contracts up 4 to 5 cents in the nearbys, as new crop was leaking lower, down ¼ in December. Preliminary open interest was down 24,490 contracts, with...
Wheat Extending Gains into Wednesday Morning
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Extending Gains into Wednesday Morning

Wheat is trading with early midweek gains on Wednesday. The wheat complex posted Tuesday gains across the three markets. Chicago SRW futures saw gains of 3 to 4 cents on the session. Preliminary open interest suggested some short covering, down 9,083 contracts. Kansas City HRW contracts were 2 to 3...
Soybeans Holding Gains Despite Tariff Escalation Overnight
Grain
April 9, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Holding Gains Despite Tariff Escalation Overnight

The soybean market is mixed this morning, with nearby contracts up 1 to 3 cents, and new crop November down 1 ½ cents. Futures saw a continuation of the Monday spreading, as front months were up 4 ¼ to 9 ¾ cents. New crop contracts were down 2 to 5...