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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
Mike Schuler
via
gCaptain
New Flag States Raise Sanctions Evasion Concerns
The International Chamber of Shipping (ICS) has raised significant concerns about emerging flag states potentially being used to circumvent international sanctions, according to its latest Flag State Performance Table. Four...
From
Mike Schuler
via
gCaptain
Cargill and Hafnia Form Marine Fuel Powerhouse Seascale Energy
Cargill’s Ocean Transportation business and tanker leader Hafnia announced today the formation of Seascale Energy—a joint venture combining their bunker operations to transform marine fuel procurement. The new entity, which...
From
Reuters
via
gCaptain
Environmental Groups Sue to Block Trump’s Offshore Drilling Expansions
Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production.
From
Oliver Sloup
via
Barchart
A Choppy Trade in Grains Offers Opportunities
Grain markets have been choppy over the last 24 hours, presenting some great opportunities for shorter term traders
From
Austin Schroeder
via
Barchart
Wheat Ticking Higher on Thursday Morning
The wheat complex is trading with gains across the three exchanges so far on Thursday morning. Wheat pulled back from the recent strength on Wednesday, with contracts down across the three markets. Chicago SRW futures saw weakness on the session, with contracts down 11 to 13 cents. KC HRW futures...
From
Austin Schroeder
via
Barchart
Soybeans Taking Back Wednesday Losses Early on Thursday
Soybeans are trying to claw back most of the Wednesday weakness, with contracts up 4 to 7 cents. The soybean market fell lower on Wednesday, down 6 to 8 cents at the close. Preliminary open interest was down 12,145 contracts, with a bulk of that due to the March exodus,...
From
Austin Schroeder
via
Barchart
Corn Bouncing Back on Thursday Morning Trade
Thursday morning action in the corn market has prices trending 1 to 3 cents higher so far. Corn failed to hold above the $5 mark in March, with contracts down 1 to 5 cents across most months on Wednesday. Preliminary open interest continues to show rolling out of March ahead...
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
Chinese Warships Sail Off Coast of Sydney, Testing Australia
Three Chinese warships have been spotted in international waters off the coast of Australia’s largest city, Sydney, in a rare show of military might that will likely test diplomatic ties between Canberra and Beijing.
From
Darin Newsom
via
Barchart
How to Reconcile the Corn Market?
With reads on the corn market's real fundamentals in disagreement, what does it mean for trade and/or investment in futures?
From
Austin Schroeder
via
Barchart
Soybeans Head Lower on Wednesday
The soybean market was falling on Wednesday, with losses of 6 to 8 cents on the session. The cmdtyView national front month Cash Bean price was down 6 1/4 cents at $9.71 3/4. Soymeal futures were up 40 cents to $1/ton on the day. Soy Oil futures were back down...
From
Austin Schroeder
via
Barchart
Wheat Falls Back on Wednesday
Wheat was falling on Wednesday, with contracts down across the three markets. Chicago SRW futures saw weakness on the session, with contracts down 11 to 13 cents. KC HRW futures posted losses of 13 to 14 cent on Wednesday. MPLS spring wheat was also heading lower, with losses of 7...