.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 Posting Double Digit Gains Early on Wednesday
Soybeans are trading with gains of 11 to 18 cents so far on Wednesday morning. Futures closed Tuesday with 5 to 7 cent gains across most contracts on Tuesday. Preliminary open interest rose 2,727 contracts on the day, mostly in the new crop. The cmdtyView national average Cash Bean price...
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing Back Higher on Wednesday Morning
Corn prices are up 6 to 7 cents early on Wednesday trade. Futures closed the Tuesday session with 1 to 3 cents losses across most contracts. There were 553 deliveries against March corn overnight. Preliminary open interest was down 12,010 contracts on Tuesday. The CmdtyView national averageCash Corn price was...
From
Malte Humpert
via
gCaptain
‘Arctic Metagaz’ LNG Tanker Still Afloat, Malta Warns Ships to Keep Clear
Malta's transport authority confirmed on Tuesday that the LNG tanker Arctic Metagaz is drifting in the Mediterranean, contradicting earlier reports from Libya that the vessel had sunk following the March 3 explosion southeast of the island.
From
Walsh Trading
via
Barchart
Time to think about U. S. corn
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Yesterday's sharp selloff of crude oil and other energy futures is likely the reason for today's selloff of corn futures. Daily trading volume at 411,660 contracts on March 9 was the...
From
Walsh Trading
via
Barchart
Aug ’26 SOYBEANS – MAY ’26 CORN SPREAD (ZSQ26-ZCK26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Mike Schuler
via
gCaptain
Electronic Fog of War: GPS Spoofing Distorts Ship Traffic Near Hormuz
Satellite navigation interference detected near the United Arab Emirates coast is creating the appearance of vessels sailing in straight lines toward the Strait of Hormuz—even though the ships are not...
From
Reuters
via
gCaptain
Behind Closed Doors, U.S. Navy Says Hormuz Escorts Are Too Dangerous—for Now
The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar with the matter.
From
Austin Schroeder
via
Barchart
Wheat Posts Losses Tuesday
The wheat complex saw double digit losses across the three exchanges. Chicago SRW futures were 12 to 13 cents lower on Tuesday. KC HRW futures posted 11 cent losses across the nearbys. MPLS spring wheat closed with 11 to 12 cent losses on Tuesday. Crude oil was down $8.38 on...
From
Austin Schroeder
via
Barchart
Corn Claws Back Off Lows into Tuesday’s Close
Corn futures closed the Tuesday session with 1 to 3 cents losses across most contracts. The CmdtyView national average Cash Corn price was down 1 1/4 cents to $4.09 3/4. Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though...
From
Austin Schroeder
via
Barchart
Soybeans Pop Higher on Tuesday as USDA Report Shows Very Few Changes
Soybeans closed Tuesday with 5 to 7 cent gains across most contracts on Tuesday. The cmdtyView national average Cash Bean price was up 5 3/4 cents at $11.27 1/4. Soymeal futures are up 80 cents to $1.10, with Soy Oil futures steady to 51 points lower. Crude oil was down...
From
Mike Schuler
via
gCaptain
Coast Guard Responding to Large Barge Fire in Delaware Bay
The U.S. Coast Guard and multiple partner agencies are responding to a barge fire in Delaware Bay on Tuesday after a tug reported that the vessel it was towing had caught fire....
From
Mike Schuler
via
gCaptain
U.S. Maritime Administrator Carmel Warns U.S. Must Rebuild Entire Maritime ‘System,’ Not Just Shipyards
U.S. Maritime Administrator Stephen Carmel warned Tuesday that rebuilding American maritime power will require far more than simply expanding shipyard capacity, arguing that the United States must rebuild an entire maritime ecosystem...