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
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...

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...

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.

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...

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.

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.

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...

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...

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...

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.

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.
