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
Austin Schroeder
via
Barchart
Corn Falls Back to Close with Losses on Monday
Corn 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. The national average Cash Corn price from cmdtyView was down 1 1/2 cents at $4.23. This morning’s Export Inspections report indicated a total of...

From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Crazy Price Action in the Livestock and Grain Markets

From
Reuters
via
gCaptain
Shipowner Seeks Release of Tanker Seized in Finland Cable Probe
The owner of an oil tanker seized by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea last week is seeking the release of the ship, a lawyer representing the company said on Monday.

From
Mike Schuler
via
gCaptain
Five Rescued After Tug Collides with Bulk Carrier on Lower Mississippi River
The U.S. Coast Guard responded to a collision between the tug Patrick J. Studdert and the Liberian-flagged Clara B near mile marker 122 on the Lower Mississippi River on Sunday....

From
Chris Swift
via
Barchart
Shootin' the Bull about needing more money
Costs continue to rise to produce a pound of beef. Whether the feeder steer, corn, fuel, or interest rates, all are elevated with expectations for some to continue higher.

From
Angie Setzer
via
Barchart
Wrapping Up 2024 and Looking Ahead To What Will Matter In The Grain Markets For 2025
A breakdown of what to watch as we end this year and head into next.

From
Austin Schroeder
via
Barchart
Corn Falling Back at Monday’s Midday
Corn futures are pulling back from the overnight strength on Monday, with contracts down 2 to 3 cents at midday. The national average Cash Corn price from cmdtyView is down 3 cents at $4.22 1/2. This morning’s Export Inspections report indicated a total of 878,380 MT (34.58 mbu) of corn...

From
Austin Schroeder
via
Barchart
Wheat Mixed at Midday
Wheat is trading with contracts mixed across the three markets on Monday. Chicago SRW futures are up 1 to 2 cents on the session. KC HRW contracts are slipping with fractional losses at Monday’s midday. MPLS spring wheat futures are 1 to 3 cents lower so far on Monday. Export...

From
Austin Schroeder
via
Barchart
Soybeans Retreating at Midday
Soybeans are retreating at Monday’s midday, with contracts falling 2 to 4 cents in the nearbys and some deferreds slightly higher. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.26. Soymeal futures were pushing higher early this morning but are backing off to unch at...

From
Mike Schuler
via
gCaptain
A Look Back at Maritime’s Biggest Stories of 2024
From shifting trade routes to bold green initiatives and geopolitical turmoil, 2024 has been nothing short of transformative for the maritime industry. As the year comes to a close, we’re...

From
Bloomberg
via
gCaptain
Estonia Sends Navy Ship to Guard Subsea Power Cables
Estonia dispatched a navy ship to patrol a subsea power link after Finland seized an oil tanker suspected of damaging five cables with its anchor in what was the third such incident in about a year.

From
Mike Schuler
via
gCaptain
U.S. Agency Issues New Lithium Battery Transport Guide as Fire Risks Grow
The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) has released a comprehensive guide for lithium battery shipping, addressing growing concerns about maritime transportation of electric vehicles and battery-powered goods....