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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
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
Walsh Trading
via
Barchart
SEP-DEC ’26 SOYBEAN OIL SPREAD (ZLU26-ZLZ26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Lori Ann LaRocco
via
gCaptain
Container Contagion: Global Trade Choked as War-Driven Congestion Hits Ports
Multiple sources of trade data are showing the significant impact of the U.S.-Israel war on Iran and how it is going to continue to get worse before it gets better.
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Tuesday
Soybeans were pressured into the Tuesday close, with contracts down 2 3/4 to 8 ½ cents across the board. The cmdtyView national average Cash Bean price was down 1 3/4 cents at $10.78 1/2. Soymeal futures were down $2.00 to $4.20, with Soy Oil futures up 15 to 45 points....
From
Austin Schroeder
via
Barchart
Wheat Sees Tuesday Strength
The wheat complex was higher across the three markets on Tuesday. Chicago SRW futures were up 2 to 3 cents to close out the day. KC HRW futures were fractionally to 2 ¾ cents higher on the session. MPLS spring wheat was 3 ¼ to 4 ¼ cents higher. Crude...
From
Austin Schroeder
via
Barchart
Corn Gets a Turnaround Tuesday Bounce
Corn futures saw gains of 2 to 3 cents in most contracts on Tuesday, with some deferred contracts steady to fractionally higher. The CmdtyView national average Cash Corn price was up 3 cents to $4.24. Crude oil finished the day with late pressure to close up just 26 cents, as...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Tomorrow We Could See Stock Markets and Cattle Markets Higher and Crude Oil, Soybeans and Wheat Lower
From
Mike Schuler
via
gCaptain
Pilot’s Tug Mix-Up Caused Tanker Pier Strike in California
The National Transportation Safety Board (NTSB) has determined that a simple but critical error by a harbor pilot led to a tanker striking a refinery pier during an early-morning undocking...
From
Mike Schuler
via
gCaptain
Dominion’s $11.5B Virginia Offshore Wind Project Delivers First Power After Legal Fight, Cost Surge
Dominion Energy’s massive Coastal Virginia Offshore Wind (CVOW) project has delivered its first electricity to the grid, marking a major milestone for the largest offshore wind development in the United...
From
Bloomberg
via
gCaptain
US-Approved Iranian Barrels Find a Cautious Reception in India
India’s state-run refiners, eager for prompt crude supplies, are holding off purchases of US-approved Iranian oil and products as payment, shipping and insurance hurdles complicate potential transactions, according to people familiar with the matter.
From
Jim Wyckoff
via
Barchart
Grain Futures Are Looking to Crude Oil for Price Direction. What Comes Next?
Grain traders are taking their daily price cues from the daily movements in the crude oil market. Such will likely be the case for the near term.
From
Austin Schroeder
via
Barchart
Wheat Bouncing Higher on Midday
The wheat complex is showing strength on Tuesday with contracts higher at midday. Chicago SRW futures are up 5 to 6 cents so far on the Tuesday session. KC HRW futures are 7 to 8 cents higher so far at midday. MPLS spring wheat is 6 to 8 cents in...
From
Austin Schroeder
via
Barchart
Corn Bouncing on Turnaround Tuesday
Corn futures are showing 5 to 6 cent gains so far on Tuesday, in a early week bounce. The CmdtyView national average Cash Corn price is up 6 cents to $4.23 3/4. EIA data will be released on Wednesday morning, with ethanol production seen steady to slightly higher in the...