.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
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...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Trent Klarenbach
via
Barchart
CBOT Wheat battles the 200-Week Moving Average
CBOT Wheat battles the 200-Week Moving Average
From
Malte Humpert
via
gCaptain
Russia’s Newest Arc7 LNG Carrier ‘Konstantin Posyet’ Leaves Zvezda Yard For Possible Sea Trials
An ice-class LNG carrier under construction at Russia’s Zvezda shipyard in the Far East may have begun sea trials this week, a potentially important step in Moscow’s efforts to expand a shortage-stricken fleet needed to ship Arctic gas exports despite Western sanctions.
From
Mike Schuler
via
gCaptain
U.S. Eases Sanctions for Russian Oil Cargoes Already at Sea as Hormuz Crisis Hits Supply
The U.S. Treasury Department has issued a new sanctions wind-down authorization allowing certain Russian oil cargoes already at sea to complete their voyages, as global energy markets struggle with disruptions...
From
Austin Schroeder
via
Barchart
Soybeans Hold onto Thursday Rally
Soybeans slipped back from the midday highs, as contracts were still 2 ½ to 13 ¼ cents higher, led by the front months. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $11.52 1/4. Soymeal futures were up $1.90 to $4.80, with Soy Oil futures were...
From
Austin Schroeder
via
Barchart
Corn Closes with Thursday Gains
Corn futures closed the Thursday session with contracts fractionally to 4 cents higher across the board. March expires on Friday. The CmdtyView national average Cash Corn price was up 2 1/4 cents to $4.19 ¾. Crude oil was up another $9.15 on Thursday to add to some spillover support. Export...
From
Austin Schroeder
via
Barchart
Wheat Closes with Mixed Action on Thursday
The wheat complex closed the Thursday session with mixed trade, as SRW contracts were the strongest and spring wheat the weakest. Chicago SRW futures were up 2 1/4 to 3 3/4 cents on the day. KC HRW futures were steady in the front months to a couple pennies lower in...
From
Chris Swift
via
Barchart
Shootin' the Bull about opportunities that didn't exist 2 weeks ago
On the mid day cattle comment, I recommended for soybean farmers to buy the $11.50 November soybean put for around $.50. If you happen to own or have oil rights leases and this price increase of oil is beneficial to you, even at the discounts, you can lock in a higher price, with a put option, than has been available to you for the past 12 months.
From
Lori Ann LaRocco
via
gCaptain
U.S. Coast Guard Debunks Tankers Registering For U.S. Compliance
The U.S. Coast Guard is quashing the latest rumor on tankers looking to reposition to the Atlantic and Pacific trades instead of staying in the Middle East.
Early on Thursday, in some tanker circles, the was chatter of tanker owners looking to register with the Coast Guard to be eligible to trade in the U.S.
From
Mike Schuler
via
gCaptain
Gulf Ship Attacks Show No Pattern of Western Targeting as Strikes Spread Beyond Hormuz
The maritime security environment across the Persian Gulf, Strait of Hormuz, and Gulf of Oman remains at a “CRITICAL” threat level, according to the latest advisory issued Thursday by the Joint...
From
Mike Schuler
via
gCaptain
U.S. Shipping Interests Say Jones Act Waiver Would Do Little to Lower Gasoline Prices
As the Trump administration considers temporarily waiving the Merchant Marine Act of 1920, commonly know as the Jones Act, to address surging fuel prices during the Middle East conflict, U.S. shipping interests...
From
Mike Schuler
via
gCaptain
IEA Warns: Hormuz Crisis Triggering Largest Oil Supply Disruption in History
The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history of the global oil market, as tanker traffic through the...
From
Austin Schroeder
via
Barchart
Wheat Trading with Thursday Gains
The wheat complex is pushing higher on Thursday. Chicago SRW futures are up 3 to 7 cents on the day. KC HRW futures are trading with 4 to 6 ¼ cent gains at midday. MPLS spring wheat are up 3 to 4 cents in the front months on Thursday. The...