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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
Reuters
via
gCaptain
Finland, Sweden Investigate New Cable Incident Baltic Sea
Swedish and Finnish police are investigating a suspected case of sabotage of an undersea telecoms cable in the Baltic Sea, and Sweden's coast guard has deployed a vessel to the area where multiple seabed cables have been damaged in recent months.
From
Mike Schuler
via
gCaptain
UK Announces Major Reforms to Offshore Wind Development, Targets 50GW by 2030
The UK government unveiled sweeping reforms to accelerate offshore wind development, aiming to streamline planning processes and enhance investment certainty in the renewable energy sector. The UK, which already hosts...
From
Mike Schuler
via
gCaptain
USS Harry S. Truman CO Relieved Following Mediterranean Collision with Bulk Carrier
The U.S. Navy has relieved Captain Dave Snowden as commanding officer of the aircraft carrier USS Harry S. Truman (CVN 75) following a collision with a merchant vessel in the...
From
Andrew Hecht
via
Barchart
Where are Wheat Prices Heading in the 2025 Crop Year?
Wheat prices are heading into the 2025 crop year at much lower levels than in 2022 and 2023. Wheat prices reached lows in August 2024, and while they are consolidating near the low, the recent trend has been higher.
From
Oliver Sloup
via
Barchart
Traders Gear Up for Another Cattle on Feed Report
Cattle futures consolidate ahead of the Cattle on Feed report as they approach inflection points on the chart. Lean hogs see continued selling pressure and are threatening a bigger breakdown.
From
Reuters
via
gCaptain
Russia Orders Diver Inspections at Ports After Tanker Blasts
Russian authorities are tightening measures at ports, including employing divers to inspect the underside of vessels, in response to rising threats to merchant shipping and infrastructure, according to a letter seen by Reuters.
From
Oliver Sloup
via
Barchart
A Traders Paradise
Grain markets have seen a choppy trade which has presented some great opportunities for shorter term traders. These are the levels we are watching into the weekend.
From
Austin Schroeder
via
Barchart
Wheat Bulls Pushing Back Early on Friday
The wheat complex is trading higher ahead of Friday’s Export Sales report, with contracts trading in the green across the three exchanges. Wheat had another round of weaker trade on Thursday. Chicago SRW futures were down 6 to 7 cents on the session. KC HRW futures fell another 6 to...
From
Austin Schroeder
via
Barchart
Corn Slipping Lower Ahead of Export Sales Release
Corn is trading with fractional to 1 ½ cent losses so far on Friday morning. The corn market posted fractional gains in the front months on Thursday, as new crop December was 3 cents higher at the close. Preliminary open interest was down 2,395 overall on Thursday, with 29,410 contracts...
From
Austin Schroeder
via
Barchart
Soybeans Lower to Begin Friday Trade
The soybean market is trading with early Friday losses of 1 to 2 cents. Futures were stronger on Thursday, with gains of 10 to 15 cents at the close. The cmdtyView national front month Cash Bean price was 14 1/4 cents higher at $9.85 1/4. Soymeal futures were up $1.30/ton...
From
Malte Humpert
via
gCaptain
Russian Cargo Ship Suffers Hull Breach in Sea of Azov, Awaiting Icebreaker Rescue
The 3,147 dwt Russian cargo vessel Pavel Grabovskiy is awaiting rescue in the Sea of Azov. The vessel suffered a hull breach on February 16. The cause of the damage...
From
Austin Schroeder
via
Barchart
Wheat Extends Pullback on Thursday
Wheat had another round of weaker trade on Thursday. Chicago SRW futures were down 6 to 7 cents on the session. KC HRW futures fell another 6 to 7 cents into the close. MPLS spring wheat saw fractional losses at the settle. USDA’s weekly Export Sales report are set to...