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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
Oliver Sloup
via
Barchart
Grain Markest Slid Lower on Tuesday but are Attempting to Find Their Footing in the Early Morning Trade
Grain markets were hit hard in Tuesday’s trade, with several markets breaking back below technical support levels. Corn and wheat are attempting to find their footing in the early morning trade while Soybeans remain under pressure.
From
Austin Schroeder
via
Barchart
Corn Holding Steady Early on Wednesday
Corn is trading with contracts mixed to begin Wednesday. Futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. Preliminary open interest was down 43,297 contracts, with May dropping 44,926 contracts and taking just 10,755 contracts...
From
Austin Schroeder
via
Barchart
WheatWheat Back to Mixed Trade Early on Wednesday
Wheat is showing mixed action on Wednesday morning. The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. There were 88 deliveries issued for May futures on FND. Kansas City HRW contracts were 8...
From
Austin Schroeder
via
Barchart
Soybeans Extending Losses on Wednesday Morning
Soybeans are down 6 to 8 cents early on Wednesday. The market closed with Tuesday losses of 9 to 11 cents. Preliminary open interest was down 16,902 contracts, with 21,737 contracts leaving May ahead of FND. OI was just 5,160 contracts for the in delivery contract, with 3 deliveries issued...
From
Darin Newsom
via
Barchart
Is HRW the Next WTI?
Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.
From
Malte Humpert
via
gCaptain
Russia Reflags, Renames Sanctioned ‘Shadow Fleet’ LNG Tankers Ahead of Suspected Arctic LNG 2 Startup
Four ice-strengthened newbuild LNG carriers have been reflagged to the Russian Federation along with name changes. The vessels are part of Russia’s emerging ‘shadow fleet’ designed to deliver sanctioned liquefied natural gas from the Arctic.
From
Reuters
via
gCaptain
Inside the U.S. Battle with China over a Pacific Island Paradise
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle.
From
Bloomberg
via
gCaptain
China Is Days Late in Releasing Trade Data as US Shipping Slumps
China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the US.
From
Jim Roemer
via
Barchart
The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets
Jim winds up his pitch at readers to swing for the spring/summer grain market play
From
Mike Schuler
via
gCaptain
OOCL Orders 14 Methanol-Fueled Container Vessels in Major Fleet Expansion
Orient Overseas (International) Limited (OOCL) has signed contracts for the construction of fourteen new containerships equipped with methanol dual-fuel engines, marking a significant step in the company’s fleet expansion. The...
From
Walsh Trading
via
Barchart
Soybean -- The protein that the world wants
The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA's failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning...
From
Reuters
via
gCaptain
North Korea Fires First Missile from New Warship
North Korea earlier this week conducted the first test-firing of the weapons system of the new "Choe Hyon-class" warship it recently unveiled, state media KCNA reported on Wednesday.