.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
Second Japan-linked Oil Tanker Sails Via Strait of Hormuz as PM Asks Iran to Help Out
A Panama-flagged crude oil tanker managed by Japanese refining group Eneos 5020.T has passed through the Strait of Hormuz, ship-tracking data from LSEG showed on Thursday, the second instance of such a Japan-linked oil ship making it through.
From
Bloomberg
via
gCaptain
Two India-Bound LPG Tankers Add to Uptick in Hormuz Transits
Two India-bound vessels laden with cooking fuel from the Persian Gulf appear to have transited the Strait of Hormuz, making them the latest to exit despite continued restrictions from the US and Iran.
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...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Nick Ehrenberg
via
Barchart
Live Cattle & Feeders On The Run, New Targets
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Chris Swift
via
Barchart
Shootin' the Bull about skating on thin ice
All industry participants spread themselves thinner in projected negative margins between sectors traded, as spreads between beef and cattle widened, and from weight class to weight class.
From
Reuters
via
gCaptain
White House Says Iran Hostilities ‘Terminated’ as War Powers Deadline Arrives
U.S. President Donald Trump's administration argued that a ceasefire with Tehran had "terminated" hostilities as a legal deadline arrived on Friday for coming to Congress about the two-month Iran war.
From
Bloomberg
via
gCaptain
Exxon, Chevron Beat Profit Estimates on War-Driven Oil Rally
Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war.
From
Reuters
via
gCaptain
US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage
A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.
From
Austin Schroeder
via
Barchart
Wheat Trading Mostly Higher at Midday
The wheat complex is showing mostly modest gains on Friday. Chicago SRW futures are mixed, with May down 3 ½ cents and other contracts up 1 to 2 cents. There were 312 delivery notices against May CBT wheat futures overnight. KC HRW futures are showing gains of a nickel in...
From
Austin Schroeder
via
Barchart
Soybeans Trading with Friday Gains
Soybeans futures are trading with contracts 3 to 8 cents higher as nearby May is down 1 ½ cents. The cmdtyView national average Cash Bean price is up 9 cents at $11.32 1/4. Soymeal futures are steady to $1.70 lower, with Soy Oil futures up 22 to 42 points. There...
From
Austin Schroeder
via
Barchart
Corn Posting Gains to Round Out the Week
Corn futures are trading with contracts up 5 to 7 ¼ cents across most contracts on Friday. The CmdtyView national average Cash Corn price is higher on the day to $4.41 ¾. USDA reported a private export sale of 148,240 MT of corn to unknown destination this morning, with 78,240...
From
Reuters
via
gCaptain
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States, India and Europe, shipping data and documents from state company PDVSA showed on Friday.
From
Mike Schuler
via
gCaptain
U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice
The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in far more detail, the...