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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
Mike Schuler
via
gCaptain
U.S. Navy and Coast Guard Rescue Seven From Sinking Iranian Vessel in Arabian Gulf
U.S. naval forces successfully rescued seven mariners from a sinking Iranian commercial vessel in the Arabian Gulf. The rescue operation involved the USS DEVASTATOR (MCM 6) and U.S. Coast Guard...
From
Mike Schuler
via
gCaptain
Ecuadorian Navy Seizes One Ton of Drugs from Containership Near Manta
The Ecuadorian Navy intercepted the containership Guayaquil Express approximately 45 nautical miles from Manta, discovering about 1,745 blocks of suspected illegal drugs during a special operation. Coast Guard Command and...
From
Mike Schuler
via
gCaptain
Transocean CEO Jeremy Thigpen to Step Down, Keelan Adamson Named Successor
Transocean Ltd. (NYSE: RIG) announced today a significant leadership transition, with current President and Chief Operating Officer Keelan Adamson set to take the helm as President and Chief Executive Officer...
From
Reuters
via
gCaptain
‘We Are Back’ Greek Shipyards Say After Decades of Pain
The sound of hammer blows and welding drifted from the Skaramangas Shipyard near Athens last month as workers repaired the bow of a large tanker, while other vessels waited to be fixed in a dry dock nearby.
From
Bloomberg
via
gCaptain
G-7 Allies Weigh Tightening Russian Oil Price Cap
(Bloomberg) — The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce Moscow’s revenues as the war in...
From
Austin Schroeder
via
Barchart
Wheat Back to Weaker Action on Tuesday AM
The wheat complex is facing weakness on Tuesday morning, with the three main markets lower. Wheat was rallying across all three exchanges on Friday. Chicago SRW futures were up 20 to 23 cents in the front months, with March up 17 ¼ cents last week. KC HRW futures rallied 20...
From
Austin Schroeder
via
Barchart
Corn Starting Off the Week with Gains
The corn market is trading with 1 to 3 cents higher trade so far on Tuesday morning. Corn futures got some spillover support from the wheat market on Friday, as futures were up fractionally to 3 cents higher. March was up 8 ¾ cents on the week. The CmdtyView’ national...
From
Austin Schroeder
via
Barchart
Soybeans Sneaking Higher on Tuesday Morning
Beans are trading with 1 to 2 cent gains so far on Tuesday morning. Soybeans gained some strength on Friday, with contracts popping 5 to 7 cents higher in the nearbys. March was still down 13 ½ cents on the week. The national front month The national front month Cash...
From
Reuters
via
gCaptain
Philippines and China Trade Accusations Over Chinese Navy Flight Actions
The Philippine coast guard accused the Chinese navy of performing dangerous flight manoeuvres on Tuesday when it flew close to a government aircraft patrolling a disputed shoal in the South China Sea, an account Beijing disputed.
From
Darin Newsom
via
Barchart
Did Weekend News Headlines Change Market Activity?
The news over the weekend was not surprising, nor did it change the structure of most markets as another trading week gets under way.
From
Jim Wyckoff
via
Barchart
Winter Wheat Futures Bulls Come to Life. Here’s Why More Price Upside Is Possible.
The soft red winter (Chicago) wheat (ZWH25) and hard red winter wheat (Kansas City) (KEH25) futures markets prices hit three-month-plus highs on Feb. 14. Both markets have been trending higher since early January. Wheat bulls have momentum, and there are compelling fundamental elements to suggest that there is still more...
From
Mike Schuler
via
gCaptain
Trump’s New ‘Energy Dominance Council’ Aims to Supercharge U.S. Production
President Donald Trump has signed an executive order establishing the National Energy Dominance Council, a new body within the Executive Office of the President aimed at strengthening America’s energy independence...