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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
Austin Schroeder
via
Barchart
Corn Falling from Early Gains at Midday
The corn market is fading off the early strength from Wednesday morning, with contracts down anywhere from 1 to 4 cents at midday. The CmdtyView national average Cash Corn price is down 3 3/4 cents on Friday at $4.65. The average close for December corn futures has been $4.71 so...
From
Mike Schuler
via
gCaptain
Green Shipping Corridors Face Cost Hurdles Despite Policy Support
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for green shipping corridors, additional support measures are still...
From
Reuters
via
gCaptain
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators...
From
Reuters
via
gCaptain
More Shadow Vessels Targeted in EU’s 16th Sanctions Package
BRUSSELS, Feb 19 (Reuters) – EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminum imports, sales of gaming consoles and the listing...
From
Mike Schuler
via
gCaptain
28 Crew Evacuated from Burning Ro-Ro Vessel in English Channel
A major international rescue operation successfully evacuated 28 crew members from the roll-on/roll-off container vessel (Con-Ro) Grande Brasile after a fire broke out aboard on Tuesday, February 18. The vessel, which was...
From
Austin Schroeder
via
Barchart
Wheat Back to Lower Trade on Wednesday AM
Wheat is reverting back lower after Tuesday strength, as contracts are lower in the winter wheats. Spring wheat is holding onto gains. The wheat complex was heading higher into the close on Tuesday, with gains across the three markets. MPLS spring wheat was the leader to the upside, with 6...
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower to Start Wednesday Trade
The soybean complex is slipping back early on Wednesday trade, down fractionally to 1 ¼ cents. Soybeans settled Tuesday with front month gains of 2 to 3 cents, as new crop contracts were 5 to 7 cents higher. The cmdtyView national front month Cash Bean price from was 2 1/2...
From
Austin Schroeder
via
Barchart
Corn Near Unchanged on Wednesday Morning
The corn market is showing steady to fractionally lower trade so far on Tuesday. Corn started off the holiday shortened week with gains of 4 to 7 cents across most contracts. March rallied through $5, to close above the level for the first time since October 2023. The CmdtyView national...
From
Bloomberg
via
gCaptain
Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions
Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch of curbs from the US, enlisting a new roster of vessels to keep barrels moving.
From
Malte Humpert
via
gCaptain
Wison New Energies Successfully Offloads Sanctioned Zhoushan Yard to Chinese State-Owned Entity
Chinese energy technology firm Wison New Energies has closed the book on its increasingly fraught cooperation with Russia.
From
Darin Newsom
via
Barchart
Did We See Major Changes in Markets from Tuesday Morning to Pre-Dawn Wednesday?
An early look at your quote screen Wednesday morning might give you a sense of "deja vu all over again" (Yogi Berra).
From
Chris Swift
via
Barchart
Taking uppercuts to the chin
Cattle feeders took an uppercut to the chin this morning. After last weeks move by the packer, keeping more cattle backed up, the futures traders came in roaring to converge basis in feeder cattle.