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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?
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From
Lori Ann LaRocco
via
gCaptain
Reality Check: Inside the Debate Over Automation at America’s Ports
Ongoing side discussions prior to the much-anticipated January 7th meeting between the International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) will set the tone and manage expectations of the highly anticipated meeting.
From
Oliver Sloup
via
Barchart
Grain Markets Surge Higher to Start the Week
Grains were weaker on Friday but are gaining that ground back to start the first full week of trade in what seems like a lifetime. The start of a bigger move?
From
Austin Schroeder
via
Barchart
Corn Kicking Off the Week with Gains
Corn futures are trading with contracts back up 5 to 7 cents across most contracts to start a new week of trade. The corn market felt pressure on Friday after a lack luster export sales performance. Futures ended the session with contracts down 4 ¼ to 9 cents, as corn...
From
Malte Humpert
via
gCaptain
Icebreaker ‘Storis’ Officially Joins U.S. Coast Guard Fleet
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.
From
Reuters
via
gCaptain
US Plans More Sanctions on Tankers Carrying Russian oil, Sources Say
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.
From
Bloomberg
via
gCaptain
The Wartime Risk Insurers Making Fortunes Keeping Trade Moving
Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world’s most dangerous waters.
From
Nick Ehrenberg
via
Barchart
Did Cattle Just Top Out, Here's A Look At Why This Could Be It
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Reuters
via
gCaptain
China Seeks to Bolster Ports and Aviation Hubs in Western Regions
China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure such as ports and aviation hubs.
From
Bloomberg
via
gCaptain
Guyana Removes Wrecks To Increase Safety For Oil Supply Vessels
By Denis Chabrol Jan 4, 2025 (Bloomberg) —Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as the number of ships serving the...
From
Reuters
via
gCaptain
Russia Declares Emergency After Black Sea Oil Spill
an 4 (Reuters) – Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand and earth on either side...
From
Bloomberg
via
gCaptain
Finland Begins Port State Inspection On Detained Tanker Eagle S
By Kati Pohjanpalo Jan 2, 2025 (Bloomberg) —Finland began a so-called port state control inspection of the detained Eagle S tanker that’s being held after undersea cable ruptures last week, seeking...