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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...
The APS Information Center
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From
Austin Schroeder
via
Barchart
Wheat Posts Tuesday Gains
Wheat futures were heading higher on Tuesday, with gains across the three markets. MPLS spring wheat was the leader to the upside, with 6 to 8 cent gains at the close. KC HRW futures were also heading higher, up 5 to 7 cents across most contracts. Chicago SRW futures were...
From
Austin Schroeder
via
Barchart
Soybeans Holds Tuesday Gains, Led by New Crop
The soybean market closed with nearby gains of 2 to 3 cents and new crop months 5 to 7 cents higher. The national front month Cash Bean price from cmdtyView was 2 1/2 cents higher at $9.77 1/4. Soymeal futures were down $2.30/ton on the day, with Soy Oil futures...
From
Austin Schroeder
via
Barchart
Corn Rallies to 16-Month High
Corn was in rally mode on Tuesday, kicking off the week with gains to 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 average Cash Corn price was up 6 cents on Friday...
From
Mike Schuler
via
gCaptain
Canadian Coast Guard Monitoring ‘MSC Baltic III’ Grounding in Newfoundland
The Canadian Coast Guard continues to monitor the grounded cargo vessel MSC Baltic III off Newfoundland’s coast, with the CCGS Ann Harvey arriving on scene Monday to conduct initial assessments....
From
Sean Lusk
via
Barchart
Grain Spreads: Commercial Hedge Spreads
Long Term Low Risk/High Reward Strategies Examined
From
Mike Schuler
via
gCaptain
EU Extends Red Sea Maritime Security Operation Through 2026, Expands Intelligence Sharing
The European Union has extended its maritime security operation in the Red Sea region until February 28, 2026, allocating over €17 million to safeguard freedom of navigation amid ongoing regional...
From
Mike Schuler
via
gCaptain
UK Ship Master Gets Suspended Sentence, Company Fined £180,000 in Fatal Baltic Sea Collision
A UK ship master and management company have received sentences at Southampton Crown Court for a fatal 2021 collision that claimed two lives off Sweden’s coast, highlighting systemic failures in...
From
Bloomberg
via
gCaptain
New Ships and Cargo Transfers Boost Russia’s Crude Oil Exports
By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries to customers remain a problem, with laden...
From
Reuters
via
gCaptain
Venture Global LNG to Start commercial Operations Calcasieu Pass Louisiana Plant
Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday, some three years after it shipped its first LNG cargo in a move that led to a protracted dispute with customers.
From
Austin Schroeder
via
Barchart
Wheat Extending Gains at Midday
The wheat complex is continuing to climb higher on Tuesday. Chicago SRW futures are up 3 to 5 cents at midday KC HRW futures are extending the gains with 5 to 6 cent gains on the session. MPLS spring wheat is trading with 6 to 8 cents in the green...
From
Austin Schroeder
via
Barchart
Corn Rallying Through $5 at Midday
The corn market is posting stronger action on Tuesday, starting off the week with gains of 4 to 7 cents across most contracts as nearby March pushed through the $5 level. The CmdtyView national average Cash Corn price is up 6 1/2 cents on Friday at $4.69. The weekly Export...
From
Austin Schroeder
via
Barchart
Soybeans Holding Gains Despite Lower than Expected NOPA Crush
Beans are trading with 3 to 6 cent gains so far on Tuesday’s midday. The national front month Cash Bean price from cmdtyView was 3 1/2 cents higher at $9.78 1/4. Soymeal futures are down 80 cents/ton, with Soy Oil futures back up 73 points so far on the session....