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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
Hapag-Lloyd and ONE Post Gains, But Caution Clouds 2025 Outlook
Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...
From
Mike Schuler
via
gCaptain
SHIPS Act 2.0: What’s New in the 2025 Push to Revive U.S. Maritime Power
The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today by Senators Mark Kelly...
From
Austin Schroeder
via
Barchart
Corn Pops Back Higher on Wednesday
Corn Pops Back Higher on Wednesday Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2. USDA reported a private export...
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Wednesday
Soybeans posted losses of 6 to 9 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are back down 20 to 80 cents/ton, with Soy Oil futures were falling back another 27 to 58 points. There is...
From
Austin Schroeder
via
Barchart
Wheat Sees Some Bargain Buying at Month End
The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. Kansas City HRW contracts saw slight losses of 1 to 2 cents on Wednesday. MPLS spring wheat was...
From
Reuters
via
gCaptain
Equinor Says it Could Lose Billions on Trump’s Offshore Wind Clampdown
Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S. President Donald Trump's administration reverses a decision to halt the construction, the Norwegian group said on Wednesday.
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From
Chris Swift
via
Barchart
Shootin' The Bull about 220 cash trade and lower cattle futures
This morning's economic data set the tone for a lower trade in most markets and cattle futures responded to the defensive price action. A lower GDP print showed that the US economy contracted in the first quarter by .3% vs an increase in Q4 2024 of 2.4%. The US economy is slowing.
From
gCaptain
via
gCaptain
Trump and Congress Chart a New Course on U.S. Maritime Policy
America’s long-neglected maritime sector is suddenly sailing into the policy spotlight—on parallel tracks. In a matter of weeks, both the White House and Congress have launched sweeping efforts to reverse...
From
Bloomberg
via
gCaptain
US Economy Contracts for First Time Since 2022 on Imports Surge
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.
From
Mike Schuler
via
gCaptain
Full Steam Ahead: SHIPS for America Act Garners Wave of Industry Endorsements
Endorsements are flooding in behind the newly reintroduced SHIPS for America Act, bipartisan legislation designed to restore America’s maritime strength and revitalize its shipbuilding industrial base. With support from virtually every...
From
Don Dawson
via
Barchart
Will December Corn Prices Rally in May 2025?
December corn futures, priced at $4.47 per bushel as of April 30, are catching the eye of market participants. These futures, tied to the new crop harvested in the fall, reflect expectations for the growing season, supply, and demand. May often brings a bullish tilt to corn prices. Could a rally push prices to $5? What might the USDA's May WASDE report show? And how can traders and hedgers position themselves? This article breaks it down for everyone, from seasoned speculators to farmers hedging their crops.
From
Austin Schroeder
via
Barchart
Corn Showing Midday Strength
Corn futures are trading with contracts up anywhere from a penny to 5 ½ cents at midday. There were 25 deliveries issued against May overnight. The nearby CmdtyView national average Cash Corn price is up 3 1/2 cents at $4.40 3/4. USDA reported a private export sale of 120,000 MT...
From
Austin Schroeder
via
Barchart
Wheat Bouncing on the Midweek Session
The wheat complex is seeing a bounce back on Wednesday across the three markets. Chicago SRW futures are up 8 to 12 cents. There were 88 deliveries issued for May futures on FND. Kansas City HRW contracts are posting 4 to 6 cent gains on Wednesday. There were 430 deliveries...
From
Austin Schroeder
via
Barchart
Soybeans Falling on Wednesday
Soybeans are heading lower on Wednesday’s midday, with losses of 9 to 12 cents. May ahead of FND. May open interest as of Tuesday night was just 5,160 contracts, with 3 deliveries issued overnight. CmdtyView’s national front month Cash Bean price is down 10 ¾ cents at $9.85 1/2. Soymeal...
From
Mike Schuler
via
gCaptain
PD Ports Unveils Plans for Major Offshore Wind Hub on UK’s East Coast
PD Ports has announced ambitious plans to develop one of the UK’s largest offshore wind manufacturing and installation hubs, the Teesport Offshore Gateway. The proposed development, estimated at £200 million,...
From
gCaptain
via
gCaptain
What’s in the SHIPS for America Act? Key Provisions to Restore U.S. Maritime Power
The SHIPS for America Act, introduced today by Senators Mark Kelly and Todd Young and Representatives Trent Kelly and John Garamendi, proposes a sweeping overhaul of U.S. maritime policy aimed at...
From
Mike Schuler
via
gCaptain
Bipartisan SHIPS Act Aims to Counter China’s Maritime Dominance with 250-Ship Fleet Expansion
A bipartisan group of legislators has re-introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act. The landmark legislation, spearheaded by Senators Mark Kelly (D-AZ) and...