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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
Austin Schroeder
via
Barchart
Soybeans Hold Gains into Wednesday’s Close as the Market Looks to Trump/Xi Meeting
Soybeans saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $11.64. Soymeal futures were the supportive product, up $4.40 to $10.10, with Soy Oil futures falling into the close, down...
From
Austin Schroeder
via
Barchart
Corn Close Mixed as Ethanol Production Improves
Corn futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. The CmdtyView national average Cash Corn price was up a penny to $4.40. The NOAA 7-day QPF shows expected precipitation totals aof 1 to 3 inches across much of the Corn...
From
Austin Schroeder
via
Barchart
Wheat Posts Modest Correction on Wednesday
The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½ cents lower. KC HRW futures were down 4 ¾ to 7 ¾ cents at the close. MPLS spring wheat was down 4 to 4 ¼ cents...
From
Mike Schuler
via
gCaptain
Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal
The U.S. Coast Guard’s ambitious Arctic fleet expansion took another major step forward Wednesday as Davie Defense announced it has finalized a $3.5 billion contract to build five new Arctic...
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of exceptional factors at play
Exceptional volatility and price expanse continued today.
From
Austin Schroeder
via
Barchart
Soybeans Trading with Wednesday Gains Ahead of Trump/Xi Visit
Soybeans are posting with 4 to 7 cent gains across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 6 1/4 cents at $11.67. Soymeal futures are up $6.10 to $8.10, with Soy Oil futures 48 points lower in the July contract. President Trump landed in...
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From
Austin Schroeder
via
Barchart
Corn Easing Back to Start Monday Morning
Corn price action is mostly 1 to 2 cents weaker so far on Monday AM trade. Futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher last week. Preliminary open...
From
Reuters
via
gCaptain
Iran Says It Turns Back US Warship From Strait of Hormuz, US Official Denies Missile Strike
Iran said it had forced a U.S. warship to turn back from entering the Strait of Hormuz on Monday, but a U.S. official denied a report that it had been struck by Iranian missiles, according to an Axios journalist.
From
Malte Humpert
via
gCaptain
Stricken Russian LNG Tanker ‘Arctic Metagaz’ Anchored Off Libya After Two-Month Odyssey, Future Uncertain
The burnt-out Russian LNG carrier Arctic Metagaz has been anchored off Libya’s eastern coast, potentially ending a two-month drift across the central Mediterranean, though uncertainty remains over how authorities will handle the stricken vessel.
From
Bloomberg
via
gCaptain
Trump Says US To Start Guiding Trapped Ships Through Hormuz
By María Paula Mijares Torres May 3, 2026(Bloomberg) –President Donald Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz...
From
Bloomberg
via
gCaptain
Philippines Accuses China of Conducting Illegal Marine Research
By Ditas B Lopez May 3, 2026(Bloomberg) –The Philippine Coast Guard said four Chinese vessels were conducting illegal marine scientific research in its waters and threatened to deploy aircraft and boats...
From
Reuters
via
gCaptain
Israel Court Extends Detention Of Gaza Flotilla Activists
ASHKELON, Israel, May 3 (Reuters) – An Israeli court has extended by two days the detention of two activists arrested aboard a Gaza-bound flotilla that was intercepted by Israeli forces in international waters near...
From
Reuters
via
gCaptain
Swedish Coast Guard Seizes Suspected False Flag Tanker In Baltic Sea
STOCKHOLM, May 3 (Reuters) – The Swedish Coast Guard said on Sunday it had seized a tanker in the Baltic Sea believed to be part of Russia’s shadow fleet, the latest in a string...
From
Reuters
via
gCaptain
Ukrainian Drones Hit Russia’s Primorsk Port, Oil Tankers And Military Ships
May 3 (Reuters) – Ukraine launched a wave of drone attacks on targets across Russia on Sunday, hitting the Baltic Sea port of Primorsk and setting it on fire, and striking a number of...
From
Bloomberg
via
gCaptain
India Linked Ship Carrying Cooking Fuel Manages Hormuz Exit
By Weilun Soon and Rakesh Sharma May 2, 2026 (Bloomberg) –An India-linked tanker laden with liquefied petroleum gas has managed to transit the Strait of Hormuz, a rare crossing that underscores...
From
Reuters
via
gCaptain
US, Philippines Deploy Anti-Ship Missile System During War Games
By Adrian Portugal BATANES, Philippines, May 2 (Reuters) – Philippine and U.S. forces on Saturday showcased the NMESIS anti-ship missile system in Batanes province, near Taiwan, during annual war games, as tensions simmer over the...
From
Reuters
via
gCaptain
Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters
May 2 (Reuters) – Yemen’s coast guard said on Saturday that the M/T EUREKA oil tanker had been hijacked off the coast of Shabwa province by unidentified armed men who boarded the vessel, seized...
From
Reuters
via
gCaptain
Blocked Hormuz Fuel Surge Claims Spirit Airlines
By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines FLYYQ.PK ceased operations on Saturday,...