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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
Bulk Carriers Collide in China’s Changjiang River, Spilling Fuel Oil
A collision between two bulk carriers in China’s Changjiang River has resulted in a fuel oil spill and hull damage. The incident, which occurred at approximately 10 p.m. Singapore time...
From
Mike Schuler
via
gCaptain
U.S. Forces Strike Houthi Weapons Facilities and Radar Sites in Yemen Amid Red Sea Tensions
U.S. Central Command (CENTCOM) conducted precision strikes against Iran-backed Houthi targets in Yemen on December 30 and 31, targeting key military infrastructure and weapons facilities. The strikes, carried out by...
From
Bloomberg
via
gCaptain
Maersk Sees No Progress in U.S. Port Talks
The world’s No. 2 container carrier urged customers to remove cargo from East and Gulf Coast ports in the US before a Jan. 15 deadline for dockworkers and their employers to avoid a possible strike just days before President-elect Donald Trump takes office.
From
Austin Schroeder
via
Barchart
Corn Bulls Taking Back Monday Losses to Start New Years Eve
Corn prices are reverting from the Monday weakness, with Tuesday Morning gains of 2 to 3 cents. Futures failed to hold the early morning strength on Monday to close with losses of 1 to 2 cents in the nearby contracts on Monday. Preliminary open interest was up 9,880 contracts. The...
From
Austin Schroeder
via
Barchart
Wheat Back to Higher Trade on New Years Eve Morning
The wheat market is trading with Tuesday AM gains across the three exchanges. Wheat posted mixed action across the three markets on Monday with the spring wheat market the weakest. Chicago SRW futures were up 2 to 3 cents on the session. KC HRW contracts were down 1 to 2...
From
Austin Schroeder
via
Barchart
Soybeans Higher to Start Last Trade Day of 2024
Soybeans are trading with Tuesday morning gains of 2 to 5 cents. Futures faced back and forth trade on Monday, with front months shrugging off midday weakness to close up 2 to 4 cents in most contracts. Preliminary open interest was down 23,472 contracts, with most of that in January...
From
Reuters
via
gCaptain
At UN, Israel Warns Houthis Risk Same Fate as Hamas and Hezbollah
Israel's ambassador to the United Nations on Monday issued what he called a final warning to Yemen's Iran-backed Houthi militants to halt missile attacks on Israel, saying they risked the same "miserable fate" as Hamas, Hezbollah and Syria's Bashar al-Assad if they persisted.
From
Oliver Sloup
via
Barchart
The Last Trading Day of the Year!
Grain markets are higher in the early morning trade, will it last through today’s session as we look to round out the year?
From
Neha Panjwani
via
Barchart
Is FMC Corporation Stock Underperforming the Dow?
FMC Corporation has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.
From
Bloomberg
via
gCaptain
LNG Exports Grow at Slowest Pace Since 2015, Data Show
By Sing Yee Ong Dec 31, 2024 (Bloomberg) –Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated until new supply comes online to...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Monday
Wheat posted mixed action across the three markets on Monday with the spring wheat market the weakest. Chicago SRW futures were up 2 to 3 cents on the session. KC HRW contracts were down 1 to 2 cents so far on the day. MPLS spring wheat futures closed with 1...
From
Austin Schroeder
via
Barchart
Soybeans Pull Out Gains on Monday
Soybeans faced back and forth trade on Monday, with front months shrugging off midday weakness to close up 2 to 4 cents in most contracts. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.32 1/2. Soymeal futures closed with contracts up 90 cents to $1.70/ton. Soy...