Shipping Industry News

Brazilian mining giant Vale is pushing the boundaries of maritime decarbonization with plans to deploy the world’s first ocean-going vessel powered primarily by ethanol—a move that could slash greenhouse gas emissions by...

The Strait of Hormuz remained shut on Friday and Israel traded fire with Hezbollah in Lebanon, two disputes which the United States and Iran each described as violations of their ceasefire deal on the eve of their first peace talks of the war.

The European Union sharply increased imports of liquefied natural gas from Russia’s Yamal LNG project in the first quarter of 2026, taking nearly all available cargoes and paying an estimated €2.88 billion, according to new analysis, even as a future import ban threatens to curb flows.

Wheat is starting off Friday with losses across the three markets. The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. Open interest was down 15,543 contracts, as May dropped 21,480...

Soybeans are starting off Friday with 2 to 4 cent gains. Futures posted gains of ¼ to 4 cents on Thursday, led by the front months. Open interest suggested a rotation of ownership, up just 248 contracts. The cmdtyView national average Cash Bean price was up 3 3/4 cents at...

Corn prices are trading with 1 to 2 ½ cent losses on Friday morning as traders look to round out the week. Futures saw losses on Thursday, with contracts down 1 ½ to 3 ¼ cents. Open interest was down 12,902 contracts on Thursday, mainly in the May, dropping 41,575...

US President Donald Trump demanded Iran reopen the Strait of Hormuz while Israel and Hezbollah exchanged fire, complicating upcoming talks aimed at turning a fragile ceasefire into lasting peace.

An oil spill in the Deurganckdock at the port of Antwerp-Bruges has forced authorities to close a stretch of the River Scheldt to shipping, disrupting traffic at one of Europe’s busiest maritime hubs and raising concerns about environmental damage.

Australian Prime Minister Anthony Albanese will meet his counterpart Lawrence Wong in Singapore on Friday as Canberra looks to secure fuel supplies from regional allies amid disruptions due to the Middle East conflict.

A Russian-flagged supertanker passed through the Strait of Hormuz into the Persian Gulf, marking a rare passage for one of the nation’s ships as traders scrutinize every transit through the war-hit waterway.

Soybeans posted gains of ¼ to 4 cents on Thursday, led by the front months. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.97 1/2. Soymeal futures were up $1 to $3.50 on the day, with Soy Oil futures up 28 to 39 points on...

The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. KC HRW futures were down 4 ¾ to 8 ¼ cents on the session. MPLS spring wheat was down 4 ¾...