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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
Ørsted Secures $3 Billion Financing for Taiwan Offshore Wind Project
Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind...
From
Reuters
via
gCaptain
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.
From
Mike Schuler
via
gCaptain
Crowley Launches LNG-Powered ‘Tiscapa’ to Strengthen U.S.-Caribbean Trade Routes
Crowley has expanded its fleet with the launch of the LNG-powered containership Tiscapa, marking a significant advancement in the company’s service capabilities across the U.S., Caribbean and Central America. The vessel,...
From
Reuters
via
gCaptain
War Risk Premiums Surge Amid Renewed Red Sea Attacks
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.
From
Reuters
via
gCaptain
Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship
Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi militants sank the Greek ship Eternity C and said they were holding some of the crew still missing.
From
Bloomberg
via
gCaptain
China Ramps Up Offshore Wind Projects After Slowdown
(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national subsidies in 2021, according to...
From
Mike Schuler
via
gCaptain
DOT Adds New Waterways to U.S. Marine Highway Program to Boost Inland Shipping
The U.S. Department of Transportation has significantly expanded the United States Marine Highway Program, adding 848 new miles of navigable waterways and approving 14 new sponsors. Transportation Secretary Sean P....
From
Bloomberg
via
gCaptain
China Challenges German Claim Warship Laser-Targeted Plane
(Bloomberg) — China disputed Germany’s accusation that one if its warships behaved dangerously toward a military aircraft in the Red Sea, an incident that Chancellor Friedrich Merz called “totally unacceptable.”...
From
Mike Schuler
via
gCaptain
U.S. Container Imports Set to Fall as Trump Tariffs Loom, NRF Warns
Import cargo volume at major U.S. container ports is expected to experience a temporary rebound this month following a significant late spring decline, but will likely fall again when previously...
From
Mike Schuler
via
gCaptain
Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue
Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12 fellow crew...
From
Mike Schuler
via
gCaptain
Hamburg Unveils Major Port Overhaul to Secure its Global Shipping Role
Hamburg is investing €1.1 billion in a major port infrastructure expansion project focused on modernizing container terminal operations at the Waltershofer Hafen, where approximately 90 percent of the largest container...
From
Mike Schuler
via
gCaptain
Singapore Straits Piracy Surges: Critical Trade Route Faces 50% Increase in Maritime Crime
The Singapore Straits, a vital maritime corridor handling approximately 30% of global trade, is experiencing an alarming rise in armed robbery incidents, according to a new report from the ICC...