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
Soybeans Rallies Back on Thursday
Soybean futures posted a stronger round of trade 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 on the day, with Soy Oil futures back up...

From
Austin Schroeder
via
Barchart
Corn Holds Gains on Thursday
The corn market posted fractional gains in the front months on Thursday, as new crop December was 3 cents higher at the close. The CmdtyView national average Cash Corn price is up a penny at $4.66 1/2. The weekly EIA report from this morning showed a total of 1.084 million...

From
Bloomberg
via
gCaptain
Oil Tankers Rocked by Mystery Blasts After Trips to Russia
At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening.

From
Chris Swift
via
Barchart
Poor results from cutting slaughter pace
With great expectations of stabilizing, if not increasing box prices, through dramatic slaughter cuts, the packer has made his move. These dramatic cuts are believed to have negated the foretelling of demand a rising box price would normally reflect.

From
Mike Schuler
via
gCaptain
NTSB: Critical Maintenance Error Leads to Engine Room Fire That Claimed Two Lives
A fatal engine room fire aboard the cargo vessel Stride, which claimed two lives and resulted in $12 million in total losses, was caused by the installation of an incorrect...

From
Oliver Sloup
via
Barchart
Levels to Watch into the Weekend for Grain and Livestock Markets
Grain and livestock markets have presented some great tradable opportunities for participants on both sides of the markets as of late. These are the levels to keep an eye on.

From
Austin Schroeder
via
Barchart
Wheat Back to Weakness at Midday
The wheat market is trading with losses on Thursday. Chicago SRW futures are down 6 to 7 cents at the midday part of the session. KC HRW futures are 6 cents in the red at midday. MPLS spring wheat is trading with fractional to 2 cent losses so far. USDA’s...
From
Austin Schroeder
via
Barchart
Corn Holding Gains on Thursday
The corn market is trading with 1 to 2 cent gains so far on Thursday. The CmdtyView national average Cash Corn price is up a penny at $4.66 1/2. The weekly EIA report from this morning showed a total of 1.084 million barrels of ethanol production in the week of...

From
Austin Schroeder
via
Barchart
Soybeans Posting Midday Gains
Soybean futures are seeing bulls push back on Thursday, with contracts 6 to 11 cents at midday. The cmdtyView national front month Cash Bean price is 10 cents higher at $9.71 3/4. Soymeal futures are up $1.40/ton on the day, with Soy Oil futures back up 59 points. Export Sales...

From
Mike Schuler
via
gCaptain
Master of German ‘Monster Trawler’ Faces Seven Charges in Ireland
The master of the German-registered fishing trawler MFV Helen Mary faces seven charges under sea-fisheries law following an inspection in Irish waters, marking another chapter in the vessel’s controversial history....

From
Reuters
via
gCaptain
Italy Prosecutors Open Terrorism Probe Into Oil Tanker Explosion
Italian prosecutors have opened a terrorism investigation over an explosion last weekend that damaged an oil tanker anchored off the coast of northern Italy, the chief prosecutor of the city of Genoa said on Thursday.

From
Bloomberg
via
gCaptain
Treasury Secretary Bessent Signals Potential Russia Sanctions Rollback in Ukraine Peace Talks
(Bloomberg) — Treasury Secretary Scott Bessent signaled that sanctions relief for Russia could be on the table in talks over the Ukraine war, saying the US is prepared to either...