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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
Mike Schuler
via
gCaptain
UK Clears Military to Board Russian Shadow Fleet Tankers in Channel
The United Kingdom is stepping up its campaign against Russia’s so-called “shadow fleet,” authorizing military and law enforcement teams to board sanctioned vessels transiting British waters—including the English Channel—in a...
From
Mike Schuler
via
gCaptain
Jones Act Waiver Leaves Key Question Unanswered: What Laws Apply to Foreign Ships in U.S. Trade?
Legal Gray Zone Emerges as Foreign Ships Enter Domestic Trades Under Emergency Waiver As the Trump administration’s 60-day Jones Act waiver begins reshaping U.S. coastal shipping, a more fundamental issue...
From
Austin Schroeder
via
Barchart
Soybeans Rally Late as Trump/Xi Meeting Scheduled
Soybeans rallied late on Wednesday, with contracts up 6 ¼ to 16 ¾ cents at the close. The cmdtyView national average Cash Bean price was up 17 cents at $10.98. Soymeal futures were down 70 cents to $2.60, with Soy Oil futures up 90 to 137 points. The White House...
From
Austin Schroeder
via
Barchart
Wheat Posts Midweek Gains
The wheat complex is showing strength on Wednesday. Chicago SRW futures were 6 ¼ to 7 ¾ cents higher at the close. KC HRW futures posted 10 ¼ to 13 ¾ cent gains in the front months on the midweek session. MPLS spring wheat saw gains of 4 ¼ to...
From
Austin Schroeder
via
Barchart
Corn Pushes Higher into Wednesday’s Close as EPA Opens E15 for the Summer
Corn futures posted 3 to 5 ¼ cent gains across the board on Wednesday despite early session weakness. The CmdtyView national average Cash Corn price was up 4 3/4 cents to $4.25 3/4. EPA Administrator Lee Zeldin announced a waiver this morning allowing E15 sales starting May 1, following a...
From
Walsh Trading
via
Barchart
Walsh Pure Technicals
Soybean Oil, Soybeans, Live Cattle + Trade Ideas
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate
Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate Norway has moved to prohibit its merchant fleet from entering the Strait of Hormuz, marking one of the...
From
Bloomberg
via
gCaptain
US Considers Easing Jones Act to Tame Spiraling Fuel Prices
The Trump administration plans to waive a century-old maritime law that requires American ships be used to transport goods between US ports as it seeks to blunt surging oil and gasoline prices, according to people familiar with the matter.
From
Reuters
via
gCaptain
Iran’s Supreme Leader, in First Remarks, Vows to Avenge ‘Martyrs’, Keep Strait Closed
Iran will avenge the blood of its martyrs, keep the Strait of Hormuz closed and attack U.S. bases, new Supreme Leader Mojtaba Khamenei said on Thursday in a statement read out on state television, his first remarks since succeeding his slain father.
From
Mike Schuler
via
gCaptain
After Lengthy Legal Dispute, Seatrium Hands Over Next-Generation WTIV to Maersk
Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the completion of a project that only months ago was at the center of a high-stakes contractual dispute between the two companies.
From
Reuters
via
gCaptain
Indian Source Says Iran to Allow India-Flagged Tankers Through Hormuz as First Tanker Arrives
Iran will allow Indian-flagged tankers to transit the Strait of Hormuz, a conduit for 40% of the South Asian nation's crude imports, an Indian government source said on Thursday, but an Iranian source outside the country denied any such deal was reached.
From
Bloomberg
via
gCaptain
US Hormuz Escorts May Start by End of the Month, Wright Says
The US Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.
Wright said on CNBC on Thursday US military assets were currently focused on destroying Iran’s offensive capabilities and weapons manufacturing, but could shift focus to protecting shipping traffic in the coming weeks.
From
Oliver Sloup
via
Barchart
Grain Markets Run Back to the Highs!
Grain markets are relatively quiet in the early morning trade with a holiday tomorrow and July options expiration on Friday.
From
Austin Schroeder
via
Barchart
Wheat Closes with Higher Trade on Wednesday
The wheat complex saw higher trade on Wednesday. Chicago SRW futures were 3 to 4 cents in the green on Wednesday. Open interest rose 9,021 contracts, suggesting new buying. KC HRW futures were up 4 to 5 cents in the front months. MPLS spring wheat was up 3 cents in...
From
Austin Schroeder
via
Barchart
Soybeans Continue Double Digit Gains on Thursday Morning
Soybeans are trading with 15 to 17 cent gains so far on Thursday. Futures saw gains of 12 to 14 cents in the front months on Wednesday. Open interest showed net new buying, up 15,897 contracts. There were 23 deliveries notices against March futures overnight. The cmdtyView national average Cash...
From
Austin Schroeder
via
Barchart
Corn Rally Continues on Thursday Morning
Corn prices are 4 to 6 cents higher so far on Thursday morning. Futures closed with 8 to 9 cent gains in the front months on Wednesday. Open interest was up 46,175 contracts on Wednesday. There were 137 deliveries issued against March corn overnight. The CmdtyView national average Cash Corn...
From
Trent Klarenbach
via
Barchart
Canola and the RSI
We take a brief look at the Canola Nearby weekly chart and the RSI
From
Malte Humpert
via
gCaptain
Russia Pushes Icebreakers to 270 Days at Sea as Sanctions Slow Arctic Fleet Renewal
Russia will push its nuclear-powered icebreakers to sea for up to 270 days a year, increasing workloads as an ageing fleet, sanctions-related delays and unpredictable ice conditions strain Moscow’s ability to escort cargo along the Northern Sea Route.