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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
Reuters
via
gCaptain
Bahrain Pushes UN Vote to Authorize Force in Strait of Hormuz
Bahrain has put forward a draft United Nations Security Council resolution that would authorize countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday.
From
Paul Morgan
via
gCaptain
Smarter Ships: Automation, AI, and the New Strain on Seafarers
How automation, AI, and the decline of traditional watchkeeping are reshaping seafarer welfare By Paul Morgan (gCaptain) – The modern ship has never been more advanced. Engine rooms now run...
From
Austin Schroeder
via
Barchart
Wheat Falls Back on Monday
The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. KC HRW futures were fractionally to 3 cents in the red. MPLS spring wheat was mixed, with front months fractionally to a penny lower and...
From
Austin Schroeder
via
Barchart
Soybeans Sees Monday Strength
Soybeans posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.90 1/4. Soymeal futures were down $1.00 to $2.00, with Soy Oil futures up 7 to 26 points. Bean oil was...
From
Austin Schroeder
via
Barchart
Corn Falls on Monday as Traders Digest the Middle East Situation
Corn futures closed the Monday session with contracts down 1 ½ to 6 cents in most contracts at the close. The CmdtyView national average Cash Corn price was down 6 cents to $4.17 3/4. Early on Monday morning, President Trump put out a Truth Social post ordering the military to...
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From
Reuters
via
gCaptain
U.S. Allies Rebuff Trump’s Request for Support in Strait of Hormuz
Several U.S. allies said on Monday they had no immediate plans to send ships to unblock the Strait of Hormuz, rebuffing a request by President Donald Trump for military support to keep the vital waterway open.
From
Mike Schuler
via
gCaptain
U.S. Issues New Hormuz Security Advisory, Telling American Ships to Ignore Diversion Orders
MARAD warns U.S.-flagged vessels to ignore Iranian diversion orders, maintain distance from warships, and prepare for GNSS disruption amid ongoing attacks. The U.S. Maritime Administration (MARAD) has issued a new security advisory...
From
Paul Morgan
via
gCaptain
AIS Tracks Suggest Iran May Be Verifying Ships Before Allowing Hormuz Exit
AIS tracking shows multiple vessels passing between Iran’s Larak and Qeshm islands before exiting the Gulf, suggesting ships may be undergoing verification before transiting the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
U.S. Allows Iranian Tankers to Transit Hormuz as Oil Prices Surge and Select Ships Begin Crossing Strait
The United States is allowing Iranian oil tankers to transit the Strait of Hormuz despite the ongoing maritime conflict in the Persian Gulf, a move aimed at preventing a deeper...
From
Austin Schroeder
via
Barchart
Soybeans Falling on Monday Morning Due to Concerns Over Trump/Xi Meeting
Soybeans are trading with sharp losses out of the weekend, down 11 to 32 cents. Futures rounded out the Friday session with contracts down 2 to 6 ¼ cents across the board, as May still held up for a 24 ½ cent gain. The cmdtyView national average Cash Bean price...
From
Austin Schroeder
via
Barchart
Wheat Mixed on Monday Morning
Wheat is showing mixed trade on Monday morning, with the hard red contracts higher. The wheat complex posted double digit gains on Friday. Chicago SRW futures were up 10 to 15 1/4 cents on Friday, with May slipping 3 cents on the week. Open interest was up 1,234 on Friday....
From
Austin Schroeder
via
Barchart
Corn Falling Back on Monday AM Trade
Corn price action is down 2 to 4 cents so far on Monday morning. Futures rounded out the Friday session with contracts steady in some deferreds to 4 ¾ cents higher in the front months as March expired. Preliminary open interest was up 19,008 contracts on Friday. May closed the...
From
Bloomberg
via
gCaptain
US Allies Wary of Joining Trump’s Strait of Hormuz Mission
US allies deflected President Donald Trump’s demands to help reopen the Strait of Hormuz, expressing unease about getting pulled into the war in Iran.
In Brussels, European Union foreign ministers stressed that they did not want to escalate the war, treading cautiously about even redirecting an existing Red Sea naval mission to the vital passage for energy shipments. In Japan, officials said there were no plans to dispatch ships to escort stalled tankers. The UK similarly wouldn’t commit to a full naval mission.
From
Trent Klarenbach
via
Barchart
Soybeans and the 200- Week Moving Average
We look at Soybeans on the weekly chart.
From
Malte Humpert
via
gCaptain
First LNG Tanker Carrying Russian Gas Enters Mediterranean Since ‘Arctic Metagaz’ Explosion
An LNG carrier carrying Russian gas has entered the Mediterranean Sea for the first time since Moscow began diverting shipments away from the region after an explosion aboard the tanker Arctic Metagaz earlier this month, ship-tracking data showed.
From
Reuters
via
gCaptain
Trump Demands Other Countries Help Secure Vital Strait Of Hormuz
By Maya Gebeily, Emily Rose and Jarrett Renshaw DUBAI/JERUSALEM/PALM BEACH, Florida, March 15 (Reuters) – President Donald Trump said on Sunday his administration is talking to seven countries about helping to secure...
From
Reuters
via
gCaptain
EU To Discuss Bolstering Mideast Naval Mission Amid Iran War Turmoil
By Andrew Gray and Lili Bayer BRUSSELS, March 15 (Reuters) – European Union foreign ministers will discuss on Monday bolstering a small naval mission in the Middle East but are not expected...