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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
Walsh Trading
via
Barchart
Walsh Cattle Opportunities - Pure Hedge Division
Low Cost Options, With Limited Risk
From
Mike Schuler
via
gCaptain
Oil Rallies as US–Iran Tensions Flare
Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American military intervention could come sooner than expected.
From
Chris Swift
via
Barchart
Shootin' the Bull about wave 5 of 5 of B
I believe wave 5 of 5 of the B wave is complete or near so enough to warrant these recommendations.
From
Mike Schuler
via
gCaptain
Canadian Shipyard Turns to AI Robotics to Automate One of Shipbuilding’s Toughest Jobs
Seaspan Shipyards has awarded a $1.5 million contract to Alberta-based Confined Space Robotics to develop semiautonomous systems for blast and paint operations, marking a significant push toward automation in one of shipbuilding’s most hazardous and labor-intensive processes.
From
Mike Schuler
via
gCaptain
Phillips 66, Citgo Move Toward Direct Venezuelan Crude Purchases
U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize profits, rather than purchasing through trading houses and U.S. oil major Chevron CVX.N, according to sources familiar with the efforts.
From
Austin Schroeder
via
Barchart
Wheat Holding Higher on Wednesday’s Midday
The wheat complex is in bounce back mode on Wednesday. Chicago SRW futures are trading 5 to 7 ½ cents higher on Wednesday. KC HRW futures are posting 7 to 8 cent midday gains. MPLS spring wheat is showing 2 to 3 cent gains at midday. The annual Ag Outlook...
From
Austin Schroeder
via
Barchart
Soybeans Drifting Lower at Midday
Soybeans are falling back from early Wednesday gains, as contracts are down 3 to 4 so far. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures are down $2 to 3.10 in the front months, with Soy Oil futures 114 points higher. Strength...
The APS Information Center
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From
Reuters
via
gCaptain
Fuel Sales at Singapore Bunker Hub Hit Record Highs in 2024
Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.
From
Mike Schuler
via
gCaptain
NATO Launches Baltic Sentry to Protect Undersea Infrastructure in Baltic Sea
NATO has launched a major maritime security operation called “Baltic Sentry” in response to a series of suspicious incidents targeting critical undersea infrastructure in the Baltic Sea. The operation was...
From
Austin Schroeder
via
Barchart
Corn Bouncing Back on Wednesday AM Trade
The corn market is trading with Wednesday morning gains of 2 to 3 cents. Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. Preliminary open interest was up 27,557 contracts. The national average Cash Corn price from cmdtyView...
From
Austin Schroeder
via
Barchart
Soybeans Starting Wednesday with Higher Trade
Soybeans are trading with gains of 1 to 3 cents so far on Wednesday. The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88....
From
Austin Schroeder
via
Barchart
Wheat Mixed to Kick Off Wednesday Trade
The wheat market is trading with slight losses on Wednesday morning, as SRW is still holding up Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional...
From
Bloomberg
via
gCaptain
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the US’s strictest-ever sanctions on Russian energy flows.
From
Reuters
via
gCaptain
Tanker Rates Extend Rally on Sanctions, Demand to Load Mideast Oil, Products
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia, industry sources said on Wednesday.
From
Eugene Graner
via
Barchart
Tuesday's Grain follow through examined
Tuesday sees follow-through buying after Friday's crop report. Corn neared $4.80 before retreating, soybeans hit $10.64, while Argentina's heat and delayed rains influence crop forecasts.
From
Austin Schroeder
via
Barchart
Corn Retreats Lower on Tuesday
Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data will be out on Wednesday morning, with most expecting to see...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Tuesday
Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional losses on Tuesday. MPLS spring wheat futures were down 3 to 4 cents in most front months...
From
Austin Schroeder
via
Barchart
Soybeans Pull Back on Turnaround Tuesday
The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88. Soymeal futures were back down 30 cents to $2/ton on the day. Soy Oil...
