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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
New Zealand Slaps Sanctions on 100 Russian ‘Shadow Fleet’ Vessels
New Zealand has imposed its largest-ever maritime sanctions package against Russia, designating 100 vessels linked to the country’s “shadow fleet” and lowering the price cap on Russian crude to $44.10 per barrel. The sweeping move significantly expands Wellington’s enforcement reach and aligns with broader international efforts to curb Moscow’s oil revenues.
From
Austin Schroeder
via
Barchart
Corn Close Mixed on Thursday
Corn futures saw fractional to 1 ¼ cent losses on Thursday, with deferreds slightly higher. 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 Rallies on Thursday
The wheat complex was in rally mode across all three markets on Thursday. Chicago SRW futures closed 12 to 15 cents higher on the day to lead the bull’s charge. KC HRW futures were up 14 to 15 cents at the close. MPLS spring wheat was 8 to 10 cents...
From
Austin Schroeder
via
Barchart
Soybean Bulls Push Higher into Thursday’s Close
Soybeans saw 6 to 8 cent gains across most contracts at Thursday’s close. Some new crop contracts were up 2 to 3 cents. The cmdtyView national average Cash Bean price was up 7 1/2 cents at $10.76 1/2. Soymeal futures were up 30 to 80 cents in the front months,...
From
Malte Humpert
via
gCaptain
Russia Executes First-Ever Triple Arctic LNG Ship-to-Ship Transfer Amid Sanctions
Russia has for the first time conducted three simultaneous LNG ship-to-ship (STS) transfers in Arctic waters, a move highlighting Moscow’s increasingly sophisticated logistics network for exporting gas despite Western sanctions.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
WOW, Soybean Oil Through the Roof! Fats and Feeders to Close Higher Tomorrow?
From
Walsh Trading
via
Barchart
Chart of the Day - May Wheat
Has Wheat made a long-term bullish turn, or will this turn out to be a selling opportunity for farmers?
The APS Information Center
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From
Mike Schuler
via
gCaptain
Iran’s Oil Exports Soar to 587M Barrels, Led by China’s Thirst
Despite tightening Western sanctions, Iran’s oil exports reached 587 million barrels in 2024, marking a significant 10.75% increase from the previous year, with China emerging as the dominant buyer, according...
From
Scott Strand
via
Barchart
Corn Price Strength Should Continue Into 2025
Despite the negative price action on Friday, CME corn futures have enjoyed directional favorable price appreciation during the early winter months or January and December. The price action during the first two days of 2025 was mixed with the curve down sharply on Friday as prices found technical resistance. With...
From
Chris Swift
via
Barchart
Shootin' the Bull about the rationing continuing
I field phone calls from those who could not be more elated that prices are high, with great expectations of even higher. I get the full spectrum down to the individual or company that knows in commodity production, "what goes up, comes down."
From
Angie Setzer
via
Barchart
New Year, New Challenges: Taking A Look At What's Impacting Grain Prices
From weather to geopolitics and everything in between, we have no shortages of things to watch.
From
Oliver Sloup
via
Barchart
Grain and Cattle Markets Firm to Start the Week.
Grain markets were weaker on Friday but have rebounded to start the first full trading week of the year. Can the strength last?
From
Austin Schroeder
via
Barchart
Soybeans Baking Off Overnight Gains at Midday
The soybean market is backing off the early session gains, with contracts still up 7 to 9 cents at midday. CmdtyView’s national front month Cash Bean price is up 8 3/4 cents at $9.44 1/4. Soymeal futures are up by a dime so far on the day. Soy Oil futures...
From
Austin Schroeder
via
Barchart
Wheat Bouncing Double Digits on Monday
Wheat is rallying at Monday’s midday, with contracts higher across all three markets. Chicago SRW futures are up 11 to 12 cents so far on the day. KC HRW contracts are trading with midday gains of 13 to 14 cents. MPLS spring wheat futures are rallying 13 to 14 cents...
From
Austin Schroeder
via
Barchart
Corn Holding Gains at Monday’s Midday
Corn futures are trading with gains of 7 to 8 cents so far on Monday, holding the overnight gains at midday. A weaker US dollar index is supportive. The national average Cash Corn price from cmdtyView is up 7 1/2 cents at $4.30 1/2. USDA’s weekly Export Inspections report showed...
From
Bloomberg
via
gCaptain
Putin Has Options for Russian Gas After Ukraine Route Closed
Vladimir Putin might have lost a slice of revenue after Kyiv closed its gas pipeline to Russian supplies, but Moscow already has alternatives for shipping the fuel that stand to shield it from any serious economic hit.
From
Reuters
via
gCaptain
Biden Administration Blocks Offshore Drilling Across 625 Million Acres of U.S. Waters
U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.
From
Mike Schuler
via
gCaptain
Boskalis Orders World’s Largest Rock Installation Vessel for Offshore Wind Projects
Royal Boskalis B.V. has announced plans for the Windpiper, set to become the world’s largest subsea rock installation (SRI) vessel with an impressive cargo capacity of 45,500 metric tons. The...
From
Bloomberg
via
gCaptain
Taiwan Accuses Chinese Vessel of Sabotaging Undersea Cable
Taiwan suspects a Chinese-owned cargo vessel damaged an undersea cable near its northeastern coast Friday, in an alleged act of sabotage that highlights the vulnerabilities of Taipei’s offshore communications infrastructure.