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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
Joint Operation Yields Major Hazmat Violations at NY/NJ Port
Recent joint operations between the U.S. Coast Guard and Customs and Border Protection (CBP) at the Port of New York and New Jersey have revealed significant hazardous material compliance issues,...
From
Oliver Sloup
via
Barchart
A Choppy Grain Trade
Grain markets have been choppy over the last several sessions as money flow and technicals push and pull price action. These are the levels to keep an eye on for today’s trade.
From
Andrew Hecht
via
Barchart
Commodity Market Roundup- April’s Top Performers and Underperformers
April was a trying month for markets across all asset classes, and commodities were no exception. Markets experienced significant volatility, and many commodity prices declined.
From
Austin Schroeder
via
Barchart
Wheat Popping on Thursday Morning
Wheat is showing gains to begin May, with most contracts higher. 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. There were 80 delivery notices against May...
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Wednesday
Soybeans are slipping with fractional to 3 cent losses early on Thursday. They posted losses of 6 to 9 cents across most contracts on Wednesday. There wee 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are...
From
Austin Schroeder
via
Barchart
Corn Higher Ahead of Export Sales Release
The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national...
From
Bloomberg
via
gCaptain
Denmark Plans $1 Billion War Insurance for Merchant Shipping
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis.
The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war insurance plan to cover ships if commercial insurance markets collapse due to geopolitical instability.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Beware of a 10% Pullback in the Cattle Markets - Buying Opportunity in the Grains
From
Chris Swift
via
Barchart
Shootin' The Bull about New Highs in Cattle and Grains Riding The Struggle Bus
New highs were made in all contract months in the fat market today. The June contract is still under where April is going of the board by $6 and early-week cash trade is starting with 220 being passed on in Nebraska.
From
Mike Schuler
via
gCaptain
USCGC Calhoun Makes Major Cocaine Seizure in Atlantic Ocean
The U.S. Coast Guard’s newest Legend-class national security cutter, USCGC Calhoun (WMSL 759), has seized approximately 10,000 pounds of cocaine valued at $74 million during operations in the Atlantic Ocean....
From
Mike Schuler
via
gCaptain
Design Flaw Leads to $3 Million Fire on Tennessee River Towing Vessel
A catastrophic engine failure aboard the towing vessel Johnny M led to a serious fire that caused $3 million in damage, highlighting critical safety vulnerabilities in marine fire protection systems....
From
Mike Schuler
via
gCaptain
Woodside Approves $17.5 Billion Louisiana LNG Export Project
Woodside Energy Group has announced a final investment decision (FID) for its massive $17.5 billion Louisiana LNG production and export facility in Calcasieu Parish. The project, which represents the largest...
From
Mike Schuler
via
gCaptain
Vessel Collision on Lower Mississippi River Leads to Sunken Barge, Temporary Closure
A collision between the Panamanian-flagged M/V ISLA DE BIOKO and the U.S.-flagged towing vessel GINNY STONE occurred Sunday night near New Orleans, resulting in a barge breakaway incident and one...
From
Bloomberg
via
gCaptain
Record U.S. Goods-Trade Deficit Implies Weaker First-Quarter GDP
By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to...
From
Austin Schroeder
via
Barchart
Wheat Pressure Continues on Tuesday
The wheat complex is facing slight weakness at Tuesday’s midday, with contracts down across the three markets. Chicago SRW futures are down 4 to 7 cents. Kansas City HRW contracts are 6 to 7 cents lower in the nearbys. MPLS spring wheat is 3 to 4 cents in the red....
From
Austin Schroeder
via
Barchart
Soybeans Falling Lower on Tuesday
The soybean market is down 7 to 12 cents so far on Tuesday, with pressure coming from a drop in bean oil. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.95 1/4. Soymeal futures are up $4/ton, with Soy Oil futures were back down 115...
From
Austin Schroeder
via
Barchart
Corn Facing Tuesday Pressure
The corn market is falling on Tuesday, with contracts anywhere from 5 to 13 cents in the red, led by the front months. The nearby CmdtyView national average Cash Corn price is down 12 1/2 cents at $4.37. USDA reported a private export sale of 120,000 MT of corn to...
From
Mike Schuler
via
gCaptain
Port of Los Angeles Boss Sees Dramatic Drop in Cargo Volumes
The Port of Los Angeles is projecting a significant decline in cargo volumes, with inbound shipments expected to drop 35% next week compared to last year as major American retailers...
From
Oliver Sloup
via
Barchart
Grain Markets Mixed After a Choppy Start to the Week
Grain markets opened the week on softer ground but stabilized some through Monday’s trade. That choppy trade has led to mixed markets Tuesday morning.