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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
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Opportunity is Knocking - Answer the Door
From
Austin Schroeder
via
Barchart
Wheat Closes Tuesday with Losses
The wheat complex posted weakness on Tuesday across all three markets. Chicago SRW futures were down 6 to 7 cents, as March was slipped 11 cents. KC HRW futures were 3 to 4 cents in the red at the close. MPLS spring wheat was down 3 to 4 cents lower...
From
Austin Schroeder
via
Barchart
Soybeans Holds onto Gains on Tuesday
Soybeans rounded out the Tuesday session with contracts fractionally to 1 ¼ cents higher. The cmdtyView national average Cash Bean price was up 1 1/4 cents at $10.68 1/2. Soymeal futures were a dime to $3.40 lower in the front months, with Soy Oil futures 21 to 44 points higher....
From
Austin Schroeder
via
Barchart
Corn Falls Lower on Tuesday
Corn futures closed Tuesday with contracts falling 5 to 6 ¼ cents. The CmdtyView national average Cash Corn price was down 5 1/4 cents at $3.93. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That was 7.31% below the week...
From
Mike Schuler
via
gCaptain
Salvage Crews Remove Fuel From Grounded Barge Near San Juan Harbor
Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing environmental risk as officials prepare a plan to refloat the 265-foot vessel. The port remains open, and no pollution or injuries have been reported.
From
Mike Schuler
via
gCaptain
Hapag-Lloyd’s $4.2 Billion ZIM Acquisition Reshapes Global Container Shipping Map
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five container carriers, expand its Transpacific footprint, and add significant LNG-powered capacity to its fleet.
From
Sean Lusk
via
Barchart
Grain Spreads: Rinse & Repeat in Wheat
Funds short Cover, then Re-Short Once Again.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Soybeans Falling Double Digits with Meal Losses
Soybeans are posting 6 to 10 ½ cent losses far on Friday’s midday. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.94 ¼. Soymeal futures are down $11.30/ton so far at midday. Soy Oil futures are up 7 points. Weekly Export Sales data was a...
From
Bloomberg
via
gCaptain
Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
By Grant Smith and Salma El Wardany Jan 24, 2025 (Bloomberg) –US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his...
From
Reuters
via
gCaptain
Vessels Report Radio Challenges in Northern Gulf Amid Iranian Exercise
Vessels in the northern Gulf have received multiple VHF radio challenges, including demands to alter course, the United Kingdom Maritime Trade Operations said on Friday, adding they could be part of an Iranian military exercise.
From
Reuters
via
gCaptain
Russia Says it Does Not Threaten Undersea Cables After UK Raises Alarm
LONDON, Jan 24 (Reuters) – The Russian Embassy in London said that Russia posed no threat to undersea cables in Britain and other NATO countries, after UK defence minister John Healey accused Moscow of “malign...
From
Mike Schuler
via
gCaptain
Report: U.S. Vessel Approached by Military Craft in Persian Gulf Amid Iranian Naval Exercises
A U.S.-flagged cargo ship was reportedly targeted by a small military craft in the Persian Gulf on January 24, amid ongoing Iranian naval exercises in the region. The incident, which...
From
Mike Schuler
via
gCaptain
LNG’s Banner Year: Record Surge in LNG-Fueled Ships Marks 2024 as a Turning Point
The maritime industry’s transition to cleaner fuels reached a significant milestone in 2024, with the adoption of LNG-fueled vessels experiencing unprecedented growth. According to SEA-LNG’s annual ‘View from the Bridge’...
From
The Loadstar
via
gCaptain
Container Spot Rates Dive as Lunar New Year and Suez Resumption Rattle the Market
The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this weekend to see in the Year of the Snake.
From
Mike Schuler
via
gCaptain
Hybrid Warfare: Russian Spy Ship in English Channel Highlights Escalating Risks
The Royal Navy’s recent interception of the Russian spy ship Yantar in the English Channel marks the latest development in a series of incidents underscoring the growing threat of hybrid warfare at...
From
Phillip Streible
via
Barchart
Central bank buying of gold has helped ease pressure on global currencies vs. the dollar
Phil Streible joined CNBC this morning to break down how central bank gold buying has eased pressure on global currencies against the dollar. Tune in!
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower Ahead of Export Sales Data
The wheat market is trading with losses on Friday morning. Wheat futures closed out the Thursday session mixed with the hard wheats falling lower. Chicago SRW futures came back to steady/fractionally higher trade at the close. KC HRW futures were down 4 to 5 cents in the front months, with...
From
Austin Schroeder
via
Barchart
Soybeans Facing Double Digit Losses on Friday Morning
Soybeans are trading with 12 to 16 cent losses to begin Friday AM trade. They posted 6 to 10 cent gains across the nearbys on Thursday, bouncing back from the Wednesday losses. CmdtyView’s national front month Cash Bean price was down 9 1/2 cents at $10.05 ¾. Soymeal futures were...
From
Austin Schroeder
via
Barchart
CornCorn Falling Back Lower to Kick Off Friday
The corn market is trading with Friday morning losses of 3 to 6 cents across the front months. Corn futures posted gains across the board on Thursday, as new crop kept up the pace with old crop and contracts 4 to 6 cents higher. The national average Cash Corn price...