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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
Container Spot Rates Surge as Carriers Layer Surcharges Ahead of Early Peak Season
Global container spot rates posted their sharpest weekly gain in months as carriers pushed through emergency surcharges and capacity cuts amid rising geopolitical disruption and signs of an early start...
From
Mike Schuler
via
gCaptain
UKMTO Warns Ship Seized Near Hormuz Is Being Taken Toward Iran
The UK Maritime Trade Operations (UKMTO) organization has issued a warning after receiving reports that a vessel was boarded by unauthorized personnel northeast of Fujairah, United Arab Emirates, amid continuing...
From
Austin Schroeder
via
Barchart
Wheat Showing Mostly Lower Thursday Morning Trade
Wheat is mostly lower early on Thursday morning. The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½ cents lower. Open interest was up 3,742 contracts. KC HRW futures were down 4 ¾ to 7 ¾...
From
Austin Schroeder
via
Barchart
Corn Falling Back Early on Thursday
Corn prices are down 6 to 7 cents so far on Thursday morning. Futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. Open interest was up 10,445 contracts on Wednesday. There were 17 deliveries against May futures overnight, with the contract...
From
Austin Schroeder
via
Barchart
Soybeans Falling Back Following Trump/Xi meeting
Soybeans are trading with 20 to 27 cent losses early on Thursday morning. Futures saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. Open interest was up 14,129 contracts on Wednesday. The cmdtyView national average Cash Bean price was up 3 1/4 cents...
From
Reuters
via
gCaptain
Second Japan-linked Oil Tanker Sails Via Strait of Hormuz as PM Asks Iran to Help Out
A Panama-flagged crude oil tanker managed by Japanese refining group Eneos 5020.T has passed through the Strait of Hormuz, ship-tracking data from LSEG showed on Thursday, the second instance of such a Japan-linked oil ship making it through.
From
Bloomberg
via
gCaptain
Two India-Bound LPG Tankers Add to Uptick in Hormuz Transits
Two India-bound vessels laden with cooking fuel from the Persian Gulf appear to have transited the Strait of Hormuz, making them the latest to exit despite continued restrictions from the US and Iran.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Jim Wyckoff
via
Barchart
Soybean Meal Is a Value-Buying Opportunity, And These Prices Highlight a Swing Trade Here
July soybean meal futures present a swing-trade buying opportunity on more price strength.
From
Oliver Sloup
via
Barchart
New crop corn and soybeans continue to impress. Is a bigger move coming this Spring/Summer?
April proved to be another strong month for grains. Can the winning streak continue in May? Fundamental catalysts and technical tailwinds may be able to help prices surprise to the upside.
From
Bloomberg
via
gCaptain
Trump Vows to Maintain Pressure on Iran Through Naval Blockade
US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options, according to a report, underscoring the fragility of the ceasefire between the warring countries.
From
Mike Schuler
via
gCaptain
ONE Profit Plunges 92% as Geopolitics and Overcapacity Squeeze Earnings
Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity, and mounting geopolitical disruption across key trade lanes. The company...
From
Austin Schroeder
via
Barchart
Wheat Falls Back on Thursday
The wheat complex posted some profit taking on Thursday, with all three markets facing pressure. Chicago SRW futures were down 11 ¾ to 18 ½ cents in the front months. KC HRW futures were 5 ¼ to 12 ¼ cents lower in most contracts. MPLS spring wheat was 5 ¾...
From
Austin Schroeder
via
Barchart
Corn Post Correction to Closeout April
Corn futures posted modest losses to close out April with contracts ¼ to 3 ½ cents. There were 19 delivery notices on First Notice Day for May futures. The CmdtyView national average Cash Corn price was down 2 1/2 cents at $4.32 3/4. A large portion of the Corn Belt...
From
Austin Schroeder
via
Barchart
Soybeans Close with Mixed Trade on Thursday
Soybeans bounced off early session lows on Thursday to close with contracts down ¼ to 1 ½ cents in old crop contracts and up 1 3/4 to 3 cents in the new crops. The cmdtyView national average Cash Bean price was down 2 1/4 cents at $11.23 1/4. Soymeal futures...
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of volatility
Volatility was exceptional today. A mixed close as well suggests some spreading taking place.
From
Mike Schuler
via
gCaptain
IMO Carbon Plan for Shipping Faces Growing Revolt as U.S. Courts ‘Silent Majority’
The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime Commission Chairman Laura DiBella urging member states this week to consider alternatives to the stalled Net Zero Framework (NZF) during high-level talks in London.
From
Austin Schroeder
via
Barchart
Wheat Facing Month End Pressure on Thursday
The wheat complex is falling back on Thursday. Chicago SRW futures are falling 15 to 18 ¼ cents. There were 400 deliveries against May CBT wheat overnight. KC HRW futures are 5 to 13 cents in the red at midday. There were 578 deliveries against May KC wheat on FND,...
From
Austin Schroeder
via
Barchart
Corn Feeling Month End Pressure at Midday
Corn futures are trading with 2 to 3 ½ cent losses at Thursday’s midday, as month end pressure and wheat weakness spillover is weighing on the market. There were 19 delivery notices overnight on First Notice Day for May futures. The CmdtyView national average Cash Corn price is down 3...