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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
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Monday
The wheat complex posted mixed action on Monday, with KC the weakest. Chicago SRW futures were mostly fractionally to 2 ¾ cents higher. KC HRW futures were down 6 to 7 cents reverting from some recent strength. MPLS spring wheat was 2 to 4 cents higher on Monday. The Kansas...
From
Austin Schroeder
via
Barchart
Soybeans Pull Back to Steady into Monday’s Close
Soybeans saw weakness late on Monday as front months came back to close with fractionally mixed action. The cmdtyView national average Cash Bean price was up 3/4 cent at $10.87 3/4. Soymeal futures were down 40 cents to up 70 cents, with Soy Oil futures 52 to 106 points higher....
From
Austin Schroeder
via
Barchart
Corn Faces Pressure on Monday
Corn futures saw some pressure on Monday ahead of the end of March USDA reports on Tuesday, with contract closing down 3 ½ to 6 ¼ cents. The CmdtyView national average Cash Corn price was down 6 cents to $4.13 1/2. USDA reported a private export sale of 145,000 MT...
From
Ben DiCostanzo
via
Barchart
Hog Rally Stalls and Pulls Back
Hogs test resistance and pulls back to close below it
From
Chris Swift
via
Barchart
Shootin' the Bull about higher prices
After the run up on the opening, there wasn't much left to the market.
From
Jim Wyckoff
via
Barchart
Mark Your Calendars: Grain Traders Brace for Major USDA Data Points Tuesday
USDA grain market report days don’t come any bigger than Tuesday’s planting intentions and quarterly grain stocks reports.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
World’s First Newbuild Ammonia Bunkering Vessel Due in 2027
Japan-based ITOCHU Corporation has signed a shipbuilding contract for a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding Co., Ltd., marking a significant step forward in maritime decarbonization efforts. The...
From
Mike Schuler
via
gCaptain
Read or Not… How Autonomous Tech is Already Quietly Disrupting Shipping
The maritime industry has long viewed autonomous ships as a distant future technology, but this perspective is dangerously outdated, according to Orca AI CEO and Co-founder Yarden Gross. “Autonomous ships...
From
Mike Schuler
via
gCaptain
Australia Opens Investigation Months After Giant Ore Carrier’s Engine Failure at Port Hedland
The Australian Transport Safety Bureau (ATSB) has initiated an investigation into a propulsion failure incident involving the bulk carrier FMG Nicola that occurred at Port Hedland, Western Australia, in February. The investigation...
From
Mike Schuler
via
gCaptain
Port of Long Beach Breaks Ground on $365 Million Terminal Expansion Project
International Transportation Service (ITS) has broken ground on a significant terminal expansion project at the Port of Long Beach that will substantially increase capacity and operational efficiency. The $365 million...
From
Bloomberg
via
gCaptain
Egypt Delays Some LNG Imports as New Terminals Yet to Start
Egypt is delaying some liquefied natural gas deliveries as its newest import facilities haven’t yet started operating. A small number of cargoes due to arrive in July are being rescheduled for next month, people familiar with the matter said, asking not to be identified discussing private information. The delay is not expected to be material or recurring, they said.
From
Reuters
via
gCaptain
European Ports Slow to Install Shore Power Ahead of 2030 Deadline, Study Shows
Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Sets June Cargo Record Amid Tariff Concerns
The Port of Los Angeles handled 892,340 Twenty-Foot Equivalent Units (TEUs) in June, marking an 8% increase compared to the same period last year and setting a new record for...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Issues Lithium-Ion Battery Warning After Passenger Vessel Fire
A recent fire aboard an inspected passenger vessel has prompted the U.S. Coast Guard to issue a comprehensive safety alert regarding lithium-ion battery installations on vessels. The incident, which occurred...
From
Mike Schuler
via
gCaptain
Trump Threatens New Sanctions on Russian Exports After Grace Period
Trump outlines a tougher stance on Russia, conditioning peace talks on halting attacks and threatening sanctions on countries buying Russian oil. By Anastasiia Malenko, Steve Holland and Dan Peleschuk KYIV/WASHINGTON,...
From
Bloomberg
via
gCaptain
GE Vernova Pays Nantucket $10.5 Million for Busted Blade
(Bloomberg) — GE Vernova Inc. will pay $10.5 million to the town of Nantucket, Massachusetts, after one of its offshore wind turbine blades broke into pieces and washed ashore last...
From
Reuters
via
gCaptain
European Commission Proposes Russian Oil Price Cap 15% Below Global Price
BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats said....
From
Mike Schuler
via
gCaptain
Saronic and Vigor Form Strategic Partnership to Advance Autonomous Maritime Capabilities
Saronic Technologies and Vigor Marine Group announced today a strategic partnership aimed at accelerating the delivery of autonomous maritime capabilities while strengthening operational support for defense and commercial customers. The...