.svg){kind=icon}
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
Reuters
via
gCaptain
US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran.
From
Reuters
via
gCaptain
Norway Boosts Defense Footprint with Expansion of Arctic Brigade
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in the wake of the Ukraine war.
From
Bloomberg
via
gCaptain
Trump Threatens Economic Isolation for Iran and Its Trading Partners
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
From
Mike Schuler
via
gCaptain
Federal Labor Board Orders OSG and Alaska Tanker Company to Bargain With Deck Officers
The National Labor Relations Board has ordered two Saltchuk Resources tanker subsidiaries to recognize and bargain with the International Organization of Masters, Mates & Pilots (MM&P), following a long-running dispute...
From
gCaptain
via
gCaptain
Transpacific Container Rates Surge as Carriers Cut Capacity
Global container spot rates rose for a second straight week as tighter capacity and resilient demand pushed Transpacific prices sharply higher, according to Drewry. The Drewry World Container Index increased...
From
Lori Ann LaRocco
via
gCaptain
Maritime Markets Bracing for Long-term Disruption in the Middle East
By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow of trade in the Middle East....
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Soybeans Starting Wednesday Marginally Lower
Soybeans are down 2 to 4 cents early on the midweek session. Futures posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89 1/4. Soymeal futures were down $1.30 to $4.80 in the...
From
Austin Schroeder
via
Barchart
Wheat Collapsing to Start Wednesday Trade
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts higher. Chicago SRW futures posted 1 to 3 cent in the red on the day. KC HRW futures saw fractional losses at the close....
From
Austin Schroeder
via
Barchart
Corn Facing Pressure to Start Wednesday as Oil Collapses
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week...
From
Mike Schuler
via
gCaptain
World’s Shipowners Are Eyeing the Exit, But They’re Not Rushing For It Just Yet
Following the announcement of a two-week ceasefire between the United States and Iran and a partial reopening of the Strait of Hormuz, shipping industry leaders say vessels trapped inside the Persian Gulf are eager to leave – but will likely wait for clearer instructions before making a move.
From
Bloomberg
via
gCaptain
Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz, potentially opening an exit for more than 800 vessels trapped in the Persian Gulf.
From
Reuters
via
gCaptain
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire
Maersk MAERSKb.CO said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations.
From
Mike Schuler
via
gCaptain
US–Iran Agree to Temporary Ceasefire Deal Reopening Hormuz With Major Strings Attached
The United States and Iran have agreed to a temporary ceasefire and partial reopening of the Strait of Hormuz, marking the first concrete diplomatic breakthrough since the waterway’s disruption triggered...
From
Walsh Trading
via
Barchart
Corn futures head above the 200-day moving average
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The first daily chart below for May 2026 Corn futures shows prices well above the 200-day moving average. Any market above the 200-day moving average looks bullish, in my opinion. The...
From
Austin Schroeder
via
Barchart
Corn Fall Lower on Tuesday
Corn futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil was down $2.03 on the day after late reports that the US and Iran were reviewing a Pakistan proposed 2-week ceasefire ahead...
From
Austin Schroeder
via
Barchart
Soybeans Face Weakness on Tuesday
Soybeans posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89 1/4. Soymeal futures were down $1.30 to $4.80 in the front months, with Soy Oil futures down 8 to 31 points at...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Tuesday
The wheat complex was mixed on Tuesday, with the soft red contracts higher. Chicago SRW futures posted 1 to 3 cent in the red on the day. KC HRW futures saw fractional losses at the close. MPLS spring wheat was down 3 to 4 cents in the front months. Crop...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
The World Waits to See if a Deal Can Be Made Before 8:00pm Eastern Time - If a Deal is Made, Crude Oil Could Tank - Moving All Markets