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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
Austin Schroeder
via
Barchart
Corn Slipping Lower on Thursday
Corn futures are trading with midday losses of 1 to 2 1/2 cents on Thursday. The CmdtyView national average Cash Corn price is up ½ cent to $3.94 1/2. EIA data from this morning showed ethanol production in the week ending on 2/13 at 1.118 million barrels per day, up...
From
Austin Schroeder
via
Barchart
Wheat Rally Continuing on Thursday
The wheat complex is in rally mode across all three markets on Thursday. Chicago SRW futures are trading 10 to 12 higher so far on the day to lead the bull’s charge. KC HRW futures is joining in on the rally, with futures up 9 to 11 cents so far...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher on Thursday
Soybeans are posting 4 to 5 cents across the front months on Thursday’s midday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures are up 40 to 20 cents lower in the front months, with Soy Oil futures 85 to 90 points higher....
From
Reuters
via
gCaptain
Ukraine’s Grain, Iron Ore Exports Hit by Russian Strikes on Ports This Winter
Russian airstrikes on Ukraine's Black Sea ports late last year have reduced their capacity and harmed Ukrainian agricultural and mineral exports, industry sources said, the country's main source of income during its four-year war with Russia.
From
Mike Schuler
via
gCaptain
Sixth Straight Week of Decline: Container Rates Fall as Pre-Lunar New Year Surge Fails to Materialize
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar New Year cargo rush continues to disappoint...
From
Bloomberg
via
gCaptain
US Notches One of Its Biggest Annual Trade Gaps Since 1960
The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year 2025 shortfall to $901.5 billion despite months of tariff-driven volatility. Imports rose 3.6% while exports slipped 1.7%, with swings in gold, pharmaceuticals, and computer equipment distorting monthly figures.
From
Mike Schuler
via
gCaptain
After Frigate Setbacks, Navy Turns to Commercial-Style Construction Manager for Medium Landing Ship Program
The U.S. Navy has issued a Request for Proposal for a Vessel Construction Manager (VCM) to oversee production of the Medium Landing Ship, marking a significant departure from traditional shipbuilding...
The APS Information Center
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From
Reuters
via
gCaptain
Trump Promised Swift Action on LNG Exports, but Advisers Preaching Patience
Advisers to U.S.President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will only get overturned in court, according to two sources familiar with the discussions.
From
Mike Schuler
via
gCaptain
U.S. Tanker Stocks Surge After Pentagon Blacklists Major Chinese Maritime Players
U.S.-listed tanker stocks rallied sharply on Tuesday, with some shares jumping as much as 10% after the Pentagon added several Chinese maritime giants to its list of companies with alleged...
From
Reuters
via
gCaptain
Global Crude Exports Dipped in 2024 as Trade Routes Reshuffled Again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.
From
Andrew Hecht
via
Barchart
Grains and Oilseeds in Q4 and 2024- Where are they Heading in 2025?
The grain sector of the commodities market continued to move lower in Q4 2024 and was the worst-performing sector in 2024. While all grain and oilseed markets posted losses in 2024, corn was the only futures market moving to the upside in Q4.
From
Mike Schuler
via
gCaptain
Trump Refuses to Rule Out Military Force to Retake Panama Canal from ‘China Control’
President-elect Donald Trump refused to rule out military force to retake control of the Panama Canal, while making unsubstantiated claims about Chinese control of the waterway. During a press conference...
From
Mike Schuler
via
gCaptain
Gulf of America? Trump Floats Name Change for Gulf of Mexico
From “Freedom Gas” to “Gulf of America”: Trump Doubling Down on Energy Nationalism President-elect Donald Trump has announced plans to rename the Gulf of Mexico to the “Gulf of America”...
From
Austin Schroeder
via
Barchart
Wheat Higher as Conditions Slip
The wheat market is posting higher trade at Tuesday’s midday, with contracts up 1 to 5 cents led by KC. Chicago SRW futures are up 1 to 2 cents so far on the day. KC HRW contracts are posting gains of 4 to 5 cents. MPLS spring wheat futures is...
From
Austin Schroeder
via
Barchart
Soybeans Off Lows at Tuesday’s Midday
Soybeans are getting some pop off the early session lows on Tuesday, as contracts are down just 1 to 4 cents at midday. CmdtyView’s national front month Cash Bean price is down 2 ¾ at $9.39 1/4. Soymeal futures are down $6.30/ton so far on the day to add some...
From
Austin Schroeder
via
Barchart
Corn Leaking Lower at Midday
Corn price action at midday is showing 2 to 3 cent losses so far, as contracts are facing some Turnaround Tuesday weakness. The national average Cash Corn price from cmdtyView is down 2 1/2 cents at $4.26. USDA reported a private export sale of 110,000 MT of corn sold to...
From
Mike Schuler
via
gCaptain
CBO Warns Navy’s Ambitious 2025 Shipbuilding Plan Faces Major Hurdles
The U.S. Navy’s 2025 shipbuilding plan aims to expand its fleet to 390 battle force ships by 2054, but achieving this vision comes with a hefty price tag, according to...
From
Mike Schuler
via
gCaptain
Anchor Suspected of Causing Estlink2 Cable Damage Recovered from Baltic Sea
Finnish authorities have recovered an anchor from the Gulf of Finland that they suspect belongs to the Russian tanker Eagle S, which is suspected of damaging the Estlink2 undersea cable...
From
Mike Schuler
via
gCaptain
UK Launches AI-Powered Maritime Surveillance System to Counter Russian Shadow Fleet in Baltic
In response to recent damage to critical undersea infrastructure, the UK-led Joint Expeditionary Force (JEF) has activated an advanced AI-powered surveillance system to monitor potential maritime threats and track Russia’s...