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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
Malte Humpert
via
gCaptain
‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the route last year, with the vessel passing within a few nautical miles of the site of the accident.
From
Reuters
via
gCaptain
Tankers Stack Up as Venezuela Sells Oil Faster Than Its Ports Can Handle
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of aging infrastructure, power outages and quality issues, according to shipping data, sources and documents.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
From
Reuters
via
gCaptain
US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran.
From
Reuters
via
gCaptain
Norway Boosts Defense Footprint with Expansion of Arctic Brigade
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in the wake of the Ukraine war.
From
Bloomberg
via
gCaptain
Trump Threatens Economic Isolation for Iran and Its Trading Partners
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
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From
Bloomberg
via
gCaptain
Nordic Nations Rule Out Seizure of Russian Shadow Fleet Ships
Leaders from two Nordic states expressed skepticism over ambitions to seize vessels linked to Russia’s so-called shadow fleet, signaling that proposals among allies to tighten restrictions on the Kremlin’s war economy face limits.
From
Austin Schroeder
via
Barchart
Soybeans Slipping to Start Thursday Trade
Soybeans are showing fractional to 2 cent weaker trade to kickoff Thursday. Futures failed to hold the early Wednesday strength, as contracts closed fractionally mixed on Wednesday. Open interest rose 6,657 contracts. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures were down...
From
Austin Schroeder
via
Barchart
Wheat Extending Push Higher on Thursday Morning
Wheat is posting 5 to 6 cent gains across most contracts on Thursday morning. The wheat complex was in bounce back mode on Wednesday, with gains across all three markets. Chicago SRW futures were up 9 to 10 cents at the close. Open interest was down 3,094 contracts, mostly in...
From
Austin Schroeder
via
Barchart
Corn Easing Back on Thursday Morning
Corn price action is showing fractional to penny losses so far on Thursday morning. Futures managed to hold onto some strength on Wednesday, as contracts closed fractionally to a penny higher. Preliminary open interest was down 2,381 contracts on Wednesday. The CmdtyView national average Cash Corn price was up ½...
From
Malte Humpert
via
gCaptain
Russia Executes First Triple LNG Ship-to-Ship With Simultaneous Transfers from Yamal and Arctic LNG 2
Russia has for the first time conducted three simultaneous LNG ship-to-ship (STS) transfers in Arctic waters, a move highlighting Moscow’s increasingly sophisticated logistics network for exporting gas despite Western sanctions.
From
Walsh Trading
via
Barchart
MAY-JULY ’26 COTTON SPREAD (CTK26-CTN26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Austin Schroeder
via
Barchart
Wheat Rallies on Wednesday
The wheat complex was in bounce back mode on Wednesday, with gains across all three markets.. Chicago SRW futures were up 9 to 10 cents at the close. KC HRW futures led the bull’s charge, with contracts up 11 to 12 ¼ cents in the nearbys. MPLS spring wheat saw...
From
Austin Schroeder
via
Barchart
Corn Firms into the Wednesday Close
Corn futures managed to hold onto some strength on Wednesday, as contracts closed fractionally to a penny higher. The CmdtyView national average Cash Corn price was up ½ cent to $3.94 1/2. USDA's armchair estimate for the US corn balance sheet will be released at Thursday’s Ag Outlook Forum. Ahead...
From
Austin Schroeder
via
Barchart
Soybeans Drift into the Wednesday Close
Soybeans failed to hold the early Wednesday strength, as contracts closed fractionally mixed on Wednesday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures were down $1.90 to $4.50 in the front months, with Soy Oil futures 107 to 132 points higher. Strength...
From
Walsh Trading
via
Barchart
Walsh Cattle Opportunities - Pure Hedge Division
Low Cost Options, With Limited Risk
From
Mike Schuler
via
gCaptain
CMA CGM Strengthens India Ties with LNG Ship Order and R&D Hub
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while launching a dedicated Research & Development hub in the...