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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
U.S. Treasury Targets 22 Entities in New Crackdown on Iranian Oil Shipping Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 22 entities across Hong Kong, the United Arab Emirates, and Türkiye for facilitating the sale of...
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
Malte Humpert
via
gCaptain
Chinese Container Ships Receive Permission to Sail Russia’s Arctic Northern Sea Route
The same day Yemen’s Houthi militants resumed attacks against multiple vessels in the Red Sea after months of calm, several Chinese container ships received permits to transit the Arctic Ocean...
From
Bloomberg
via
gCaptain
Copper Traders Rush Metal to Hawaii to Capture Mega Tariff Trade
Copper traders racing to get cargoes into the US are looking to shift deliveries into Hawaii and Puerto Rico to cut shipment times, as Donald Trump’s plan for 50% tariffs threatens to slam the door on a hugely profitable arbitrage trade that has gripped the industry for months.
From
Reuters
via
gCaptain
Ship Piracy, Robberies Rise 83% in Asia from Jan-Jun, Anti-Piracy Group Says
There were 95 piracy and armed robberies against ships in Asia from January to June this year, an 83% increase compared to the same period last year, according to data from the Information Sharing Centre of intergovernmental anti-piracy group ReCAAP.
From
Mike Schuler
via
gCaptain
Houthi Video Shows Deadly Attack and Sinking of Eternity C Bulk Carrier in Red Sea
The Houthis have released footage showing the targeting and sinking of the Liberia-flagged bulk carrier ETERNITY C in the Red Sea. The footage captures the launch and impact of ballistic...
From
Mike Schuler
via
gCaptain
Salvage Operations Progress on Grounded MSC Baltic III
Salvage crews have successfully removed approximately 85% of the heavy fuel from the grounded containership MSC Baltic III, according to the latest update from the Canadian Coast Guard released today. The...
From
Mike Schuler
via
gCaptain
Maritime Industry Condemns Deadly Red Sea Attacks
Major shipping organizations have issued a joint statement condemning the recent attacks on vessels in the Red Sea that have resulted in seafarer fatalities and renewed security concerns in the...
From
Mike Schuler
via
gCaptain
Trump Signs Order to End Wind and Solar Subsidies Under ‘One Big Beautiful Bill’
President Donald J. Trump signed an Executive Order on Monday aimed at eliminating subsidies for wind and solar energy in furtherance of the recently enacted One Big Beautiful Bill Act...
From
Reuters
via
gCaptain
Eternity C Sinks in Red Sea; Search Underway for 15 Still Missing
A mission was under way on Wednesday to rescue crew from the Eternity C cargo ship which sank in the Red Sea following an attack that killed at least four crew members.
From
Reuters
via
gCaptain
Greek Tanker Fleet Steps Up Ship Inspections Near Russian Ports After Mysterious Blasts
LONDON/ATHENS, July 9 (Reuters) – Greek shipping companies calling at Russian ports are boosting their vessels’ defenses after a series of mysterious blasts in recent months have damaged tankers linked to Moscow’s oil...
From
Bloomberg
via
gCaptain
Surging UK Shipping Costs Threaten to Deliver a New Price Shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and complicate the Bank of England’s plan to keep nudging down interest rates.