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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
Brady Sidwell
via
Barchart
Choppy week of fresh data ends with optimism
Markets closed Monday for President's Day
From
Bloomberg
via
gCaptain
Japan Arrest Chinese Fishing Boat Captain
Japan seized a Chinese fishing vessel and arrested its captain after the ship entered Japan's exclusive economic zone off Nagasaki and fled inspection—the first such seizure since 2022, escalating already strained relations between the two nations.
From
Reuters
via
gCaptain
US Refiner Valero Energy Set To Import 6.5 Million Barrels of Venezuelan Crude
Valero Energy is set to import up to 6.5 million barrels of Venezuelan crude in March, potentially surpassing Chevron as the top U.S. refiner of Venezuelan oil since sanctions began easing following the capture of President Maduro.
From
Walsh Trading
via
Barchart
JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Austin Schroeder
via
Barchart
Wheat Falls Lower on Friday
The wheat complex closed Friday with losses across all three markets. Chicago SRW futures were 9 to 10 cents lower, as March was still 19 cents higher this week. KC HRW futures were 10 to 12 1/2 cents in the red on Friday, though March was 11 ¼ cents higher...
From
Austin Schroeder
via
Barchart
Corn Heads into the Long Weekend with Fractional Gains
Corn futures posted fractional gains on Friday, as March managed to close the week with a 1 ½ cent gain. The CmdtyView national average Cash Corn price was up 3/4 cent at $3.98 1/4. The markets will be closed on Monday for President’s Day. Large managed money speculators were trimming...
From
Austin Schroeder
via
Barchart
Soybeans Close the Week with Weakness
Soybeans rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher this week. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67 1/4. Soymeal futures were 70 cents to $1.30 higher on the...
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From
Ben DiCostanzo
via
Barchart
Cattle Markets Bounce While Hogs Continue Lower
Feeders Break out while Cattle gets back to upper end of recent trading range
From
Mike Schuler
via
gCaptain
Ukraine’s Dry Bulk Exports Surge as Black Sea Corridor Proves Resilient
Three years after Russia’s invasion of Ukraine, a dramatic shift in Black Sea shipping patterns has emerged, with Ukraine’s dry bulk shipments surging 87% year-over-year despite ongoing regional tensions, according...
From
Mike Schuler
via
gCaptain
Who Really Controls the Panama Canal? The Truth Behind Trump’s Claims
With President Trump back in office, political rhetoric around expanding U.S. influence and securing key geopolitical assets has intensified. Recent claims about Chinese control of the Panama Canal and alleged...
From
Jim Wyckoff
via
Barchart
Ag Markets Focused on This Week’s USDA Outlook Forum: 3 Key Things to Watch
The 101st Annual Agricultural Outlook will likely include discussions of potential trade policy impacts and worker firings at the USDA.
From
Austin Schroeder
via
Barchart
Wheat Down on Monday’s Midday
The three wheat markets are trading with weakness on Monday. Chicago SRW futures are 10 to 11 cents lower at midday. KC HRW futures are showing 10 to 13 cent losses to kick off the week. MPLS spring wheat is trading with 9 to 10 cents lower so far on...
From
Austin Schroeder
via
Barchart
Corn Falling Out of Bed to Kick Off the Week
The corn market is trading with 5 to 9 cent losses on Monday as longs are taking a break as we near the end of the month. CmdtyView’s national average Cash Corn price is down 8 ¾ cents at $4.50 3/4. Export Inspections data showed a total of 1.134 MMT...
From
Austin Schroeder
via
Barchart
Soybeans Weaker on Monday
Soybeans are trading with 8 to 11 cent losses on Monday. The cmdtyView national front month Cash Bean price is 10 ½ cents lower at $9.70 1/4. Soymeal futures closed are down $2.30/ton on the day, with Soy Oil futures back down 91 points. Weekly Export Inspections data tallied soybean...
From
Mike Schuler
via
gCaptain
Limpet Mines Eyed as Likely Cause of Blasts on Two Tankers in Mediterranean Sea
Mines attached to the hulls of ships and set off with timers likely caused blasts that have damaged two crude oil tankers in the Mediterranean Sea since January, three sources close to the investigation said on Monday.
From
Mike Schuler
via
gCaptain
U.S. Treasury Cracks Down on Iran’s Shadow Fleet
The U.S. Department of Treasury announced today a major expansion of sanctions targeting Iran’s maritime oil transportation network, marking an aggressive move to disrupt the flow of Iranian petroleum products...
From
The Loadstar
via
gCaptain
MSC’s Record-Breaking Orderbook Sails Past 2M TEUs
MSC has returned to Zhoushan Changhong International Shipyard for up to eight 21,700 teu LNG dual-fuelled ships, as the Swiss-Italian carrier consolidates its pole position among liner operators.
From
Reuters
via
gCaptain
Saipem and Subsea 7 Ink $45 Billion Mega Merger
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy services.
From
Mike Schuler
via
gCaptain
UK and EU Target Russia’s Shadow Fleet as Sanctions Net Widens
The UK and EU have announced major sanctions targeting Russia’s shadow fleet of oil tankers, marking an escalation in efforts to curtail Moscow’s maritime trade operations. Marking its largest sanctions package...