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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
Malte Humpert
via
gCaptain
‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the route last year, with the vessel passing within a few nautical miles of the site of the accident.
From
Reuters
via
gCaptain
Tankers Stack Up as Venezuela Sells Oil Faster Than Its Ports Can Handle
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of aging infrastructure, power outages and quality issues, according to shipping data, sources and documents.
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
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.
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From
Austin Schroeder
via
Barchart
Soybeans Off Overnight Highs, but still Holding Wednesday AM Gains
Soybeans are trading with 1 to 3 cent gains as the market enters Wednesday trade. Futures posted gains of 4 to 5 ½ cents in most front months on Tuesday. Open interest was down 2,337 contracts on Tuesday, with March dropping 26,192 contracts ahead of FND on Friday. The cmdtyView...
From
Austin Schroeder
via
Barchart
Corn Firming Up on Wednesday Morning
Corn price action is fractionally mixed so far on Wednesday morning, holding near unchanged. Futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. March continues to liquidate ahead of Friday’s first notice day, with open interest...
From
Bloomberg
via
gCaptain
Australia Ships LNG 16,000 Miles to Canada as Asia Demand Slumps
Australia is shipping LNG much further than its main buyers in Asia as demand for the super-chilled fuel in the region falters.
From
Walsh Trading
via
Barchart
Long term technicals put a shine on wheat
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The charts below suggest higher wheat prices in the weeks ahead. Last week's rally helped boost the technical outlook for wheat. The first chart below shows the daily May 2025 wheat...
From
Nick Ehrenberg
via
Barchart
A Classic Trend Change Using Fibonacci, New Video For ALL Markets!
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Wheat Eases Lower on Tuesday
The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. KC HRW futures are down 5 to 6 cents in the front months on Tuesday. MPLS spring wheat were 1 to 3 cents weaker. Precip will be limited in the Southern Plains over the...
From
Austin Schroeder
via
Barchart
Corn Close Mixed on Tuesday
Corn futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2. With just 3 days left for price discovery for the spring base...
From
Austin Schroeder
via
Barchart
Soybeans See Gains on Tuesday
Soybeans posted gains of 4 to 5 ½ cents in most front months on Tuesday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the front months, with. Soy Oil futures up 42 to 64...
From
Mike Schuler
via
gCaptain
Hospital Ship USNS Mercy Departs Alabama as Greenland Mission Remains Unclear
The hospital ship USNS Mercy departed Alabama Shipyard on Tuesday, transiting southbound through the Gulf of Mexico at about 10.5 knots, closing out months of drydock work while fresh questions swirl about...
From
Chris Swift
via
Barchart
Shootin' the Bull about the next shoe to drop
Basis didn't improve much, if any, and everyone appears to be holding their breath to see who pays up, and who doesn't.
From
Mike Schuler
via
gCaptain
VLCC Charter Rates Top $100,000 as DHT Locks in Premium One-Year Charter
VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the 2011-built DHT Redwood — one of the highest publicly disclosed fixtures of...