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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
Bloomberg
via
gCaptain
Trump Says China Offered to Help on Iran
US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the Strait of Hormuz, after a commercial vessel was apparently seized near the United Arab Emirates.
From
Mike Schuler
via
gCaptain
Details of Trump’s Nuclear Battleship Emerge in New Navy Shipbuilding Blueprint
The U.S. Navy’s Fiscal Year 2027 Shipbuilding Plan is offering the clearest picture yet of the Trump administration’s new battleship program, revealing a nuclear-powered surface combatant designed around hypersonic weapons,...
From
Chris Swift
via
Barchart
Shootin' the Bull about a Two-Headed top
I anticipate feeder cattle to trade down to the lows made in mid-March per respective contract month.
From
Mike Schuler
via
gCaptain
U.S. Admiral Says Operation EPIC FURY Rolled Back ‘40 Years’ of Iranian Military Investment
Admiral Brad Cooper of U.S. Central Command on Thursday delivered the most sweeping public assessment yet of the damage inflicted on Iran during Operation EPIC FURY, telling lawmakers the 38-day...
From
Bloomberg
via
gCaptain
Hormuz Oil Flows Creep Higher as More Supertankers Exit
The number of supertankers hauling unsanctioned oil through the Strait of Hormuz has shown signs of rising in recent days, offering limited relief to an oil market that’s suffered the largest supply disruption in history.
From
Reuters
via
gCaptain
New Attacks Hit Ships Near Hormuz as Trump Discusses Iran With Xi
U.S. President Donald Trump discussed the Iran war with China's President Xi Jinping in Beijing on Thursday, while new attacks on vessels near the Strait of Hormuz brought a reminder of the costs of a prolonged stalemate, with peace talks stalled.
From
Austin Schroeder
via
Barchart
Wheat Falling at Midday
The wheat complex is facing pressure on Thursday’s midday. Chicago SRW futures are down 18 to 29 cents in the front months. KC HRW futures are leading the charge, with 20 to 22 cent losses. MPLS spring wheat is trading with 17 to 19 cent losses at midday. There were...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Wheat Holds for Gains on Monday, as Crop Ratings Remain Steady
The wheat complex saw strength across most contracts on Monday. Chicago SRW futures were 11 1/2 to 13 1/4 cents higher on the day. KC HRW futures were 5 1/2 to 8 1/4 cents in the green at the close. MPLS spring wheat were steady to 1 ¾ cents higher....
From
Austin Schroeder
via
Barchart
Corn Closes Higher to Start the Week
Corn futures posted Monday gains of 1 ¼ to 5 ¾ cents across the board on Monday. The CmdtyView national average Cash Corn price was up 5 3/4 cents at $4.25 1/4. Monday morning’s Export Inspections report showed 1.644 MMT (64.73 mbu) of corn shipped in the week of 4/23....
From
Mike Schuler
via
gCaptain
Ulsan Port Claims World’s First Ammonia Bunkering in Alternative Fuel Milestone
South Korea’s Ulsan Port Authority said it has completed what it describes as the world’s first port-to-ship ammonia bunkering operation for a commercial vessel, marking a new step in shipping’s search for scalable zero-carbon fuels.
From
Mike Schuler
via
gCaptain
Trump Expands Offshore Wind Buyout Strategy With New Deals Steering Capital Into LNG and Oil
The Trump administration has expanded its newfound strategy of unwinding offshore wind development through negotiated buyouts, announcing two new agreements that will see two projects give up federal offshore leases...
From
Chris Swift
via
Barchart
Shootin' the Bull about improvements in marketing abilities
Futures traders continued to narrow basis spreads starting off the week. Although not the best marketing price structure, it is improved greatly from last week, and second only to two weeks ago.
From
Mike Schuler
via
gCaptain
IMO Chief Warns ‘No Safe Transit’ in Hormuz, Rejects Tolls at U.N. Security Council
The head of the International Maritime Organization used a rare appearance before the United Nations Security Councilon Monday to deliver some of his strongest statements yet that the crisis in the Strait of...
From
Austin Schroeder
via
Barchart
Soybeans in Rally Mode on Monday
Soybeans are up 11 to 15 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 15 cents at $11.17 1/4. Soymeal futures are up $9.50 to $9.70 in the front months, with Soy Oil futures up 20 to 24 points. USDA’s FGIS tallied soybean...
From
Austin Schroeder
via
Barchart
Wheat Posting Monday Gains
The wheat complex is showing midday gains on Monday. Chicago SRW futures are 12 to 13 cents higher on the day. KC HRW futures are 6 to 9 ¼ cents in the green at midday. MPLS spring wheat are up 2 to 3 cents in the front months on Monday....
From
Austin Schroeder
via
Barchart
Corn Posting Midday Gains
Corn futures are trading with contracts up 4 to 5 ½ cents on Monday. The CmdtyView national average Cash Corn price is down 5 cents at $4.25 3/4. Monday morning’s Export Inspections report showed 1.644 MMT (64.73 mbu) of corn shipped in the week of 4/23. That was 1.33% below...
From
Reuters
via
gCaptain
Oil Prices Hit Two-week High as Iran Talks Stall and Strait Shipments Lag
NEW YORK, April 27 (Reuters) – Oil prices climbed about 2% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained...
From
Bloomberg
via
gCaptain
Dual Hormuz Blockade Cuts Ship Transits to Near Zero
The Strait of Hormuz remains effectively shut to international shipping as the double blow of Iranian and US blockades leaves the key energy corridor largely dormant.