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.

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Japan Arrest Chinese Fishing Boat Captain
News
February 14, 2026
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.
US Refiner Valero Energy Set To Import 6.5 Million Barrels of Venezuelan Crude
News
February 14, 2026
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.
JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER
Grain
February 13, 2026
From 
Walsh Trading
 via 
Barchart

JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division
Wheat Falls Lower on Friday
Grain
February 13, 2026
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...
Corn Heads into the Long Weekend with Fractional Gains
Grain
February 13, 2026
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...
Soybeans Close the Week with Weakness
Grain
February 13, 2026
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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Corn Corrects Lower into the Weekend
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Corrects Lower into the Weekend

The corn market was faced with pressure on Friday, as contracts wee down 4 to 8 cents across most months. March ended the week with a 5 cent loss. March options expired today, with traders going for a pin at the 490 strike. CmdtyView’s national average Cash Corn price was...
Wheat Closes the Week with Mixed Action
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Closes the Week with Mixed Action

The wheat market closed Friday mixed across the three exchanges, as the winter wheats were the strongest. Chicago SRW futures were up 3 to 5 cents to close the day, as March was still down a dime on the week. KC HRW futures were 1 to 2 cents higher as...
Grain Spreads: Tail of the Dog
Grain
February 21, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Tail of the Dog

Funds Cover in Wheat Amid Following Corn
This Week at the Chicago Board of Trade: Your Update on the Commodity Markets!
Grain
February 21, 2025
From 
Oliver Sloup
 via 
Barchart

This Week at the Chicago Board of Trade: Your Update on the Commodity Markets!

Oliver & Dan discuss this week’s trades, news and views live from the Chicago Board of Trade. Stretching from currencies to livestock, the Blue Line team dives into whatever they find interesting in the world of futures and commodities.
Port of Auckland CEO Fined in Landmark Maritime Safety Case
Shipping
February 21, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Auckland CEO Fined in Landmark Maritime Safety Case

Former Port of Auckland CEO Tony Gibson has been fined $190,000 NZ for his role in a fatal 2020 incident at a container terminal—a landmark case that sets a precedent...
Slaughter cuts not helping
Grain
February 21, 2025
From 
Chris Swift
 via 
Barchart

Slaughter cuts not helping

Packers made their move to improve profit margins by cutting the slaughter pace in hopes of sustaining current box beef prices.  So far, it hasn't helped.
Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo
Shipping
February 21, 2025
From 
The Loadstar
 via 
gCaptain

Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo

Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
Soybeans Pulling Back on Friday
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Pulling Back on Friday

Soybeans are fading into the weekend, with contracts down 3 to 8 cents so far at midday, led by the nearbys. The cmdtyView national front month Cash Bean price is 7 ½ cents lower at $9.78 3/4. Soymeal futures are down $1.20/ton on the day, with Soy Oil futures back...
Corn Falling on Friday
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Falling on Friday

Corn futures are posting midday losses on Friday, down 3 to 7 cents across most contracts as traders take some money off the table ahead of the weekend. March options expire today. The CmdtyView national average Cash Corn price is down 5 ¾ cents at $4.60 1/2. Export Sales data...
Wheat Popping Higher at Midday
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Popping Higher at Midday

The wheat market is trading firmer on Friday, with contracts in the green across the three exchanges. Chicago SRW futures are up 3 to 4 cents so far on the day. KC HRW futures are back up 3 to 4 cents as well on the session. MPLS spring wheat is...
A Timeline of Suspected Underwater Sabotage Incidents in the Baltic Sea
Defense
February 21, 2025
From 
Reuters
 via 
gCaptain

A Timeline of Suspected Underwater Sabotage Incidents in the Baltic Sea

The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022, and the NATO military alliance has boosted its presence with frigates, aircraft and naval drones.
Trump Seeks to Reshape Asia’s Energy Supplies With U.S. Gas
News
February 21, 2025
From 
Reuters
 via 
gCaptain

Trump Seeks to Reshape Asia’s Energy Supplies With U.S. Gas

When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.