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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
China Snaps Up Distressed Russian Oil Cargoes Shunned by India
Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest buyer of seaborne barrels.
From
Reuters
via
gCaptain
Supreme Court Strikes Down Trump’s Global Tariffs in 6–3 Ruling
The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.
From
Mike Schuler
via
gCaptain
Canada, South Korea Partner to Rebuild Great Lakes Shipbuilding and Train Submarine Workforce
A major new partnership between South Korea’s Hanwha Ocean and Ontario Shipyards aims to bring large-scale shipbuilding back to Canada’s Great Lakes — while building the skilled workforce needed to support future submarine construction....
From
Andrew Hecht
via
Barchart
Can Soybeans Continue to Rally?
Soybean futures have taken off on the upside, with the price of beans for March delivery rising above $11 per bushel. As the 2026 crop year in the Northern Hemisphere approaches, soybeans are in a bullish trend.
From
Bloomberg
via
gCaptain
India Grants One-Month Extension to Russian Marine Insurers
India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow.
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing Higher to Start Friday
Corn price action is 1 to 2 cents higher so far on Friday. Futures saw fractional to 1 ¼ cent losses on Thursday, with deferreds slightly higher. Preliminary open interest was down 16,199 contracts on Thursday, mainly in the March, down 37,121 contracts. March options expire today. The CmdtyView national...
From
Austin Schroeder
via
Barchart
Soybeans Slipping on Friday AM Trade
Soybeans are down fractionally to 2 cents so far on Friday morning. Futures saw 6 to 8 cent gains across most contracts at Thursday’s close. Some new crop contracts were up 2 to 3 cents. Open interest was suggesting new buying, up 8,413 contracts on Thursday. The cmdtyView national average...
The APS Information Center
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From
Reuters
via
gCaptain
Ukraine Sends Its First Batch Of Food Aid To Syria
KYIV, Dec 27 (Reuters) – Ukraine, a global producer and exporter of grain and oilseeds, has sent its first batch of food aid to Syria, President Volodymyr Zelenskiy said on Friday. Zelenskiy...
From
Brady Sidwell
via
Barchart
Corn breaks October highs with much optimism
IKAR lower Russia's wheat exports
From
Reuters
via
gCaptain
Egypt Completes Trial Run Of New Suez Canal Channel Extension
CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the...
From
Bloomberg
via
gCaptain
Finland Moves ‘Eagle S’ Tanker Closer to Land as Probe Intensifies
Police in Finland are transferring the seized oil tanker Eagle S closer to land as they step up their investigation into damage caused to undersea cables this week.
From
Jim Roemer
via
Barchart
The coldest January coming in years, La Niña, and why grain prices may have bottomed.
Fasten your seatbelts!
From
Austin Schroeder
via
Barchart
Wheat Closes Higher on Friday
The wheat market posted gains across the three markets on Friday. Chicago SRW futures were up 3 ¾ to 5 1/2 cents on the session, as March was 13 ½ cents higher on the week. KC HRW contracts closed posted 3 to 3 1/2 cent gains across the board, as...
From
Austin Schroeder
via
Barchart
Corn Closes with Strength to Round out Holiday Week
Corn futures extend their 6-month highs on Friday, as contracts closed higher in the nearbys, up ¼ to a penny. Deferred contracts were steady to 1 ¼ cents lower. March managed a 7 ¾ cent gain on the week. The national average Cash Corn price from cmdtyView was up ½...
From
Austin Schroeder
via
Barchart
Soybeans Feel Pressure on Friday
Soybeans closed out the Friday session with contracts in retreat mode from the Thursday rally, as contracts were down 3 ¾ to 8 cents across the board. January was up 5 ½ cents on the week. CmdtyView’s national front month Cash Bean price was down 7 1/4 cents at $9.30...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Have the Cattle Markets Outkicked Their Coverage?
From
Mike Schuler
via
gCaptain
Five Decades at Sea: ‘Argo Merchant’ Oil Spill Drift Card Turns Up on Scottish Isle
A plastic drift card from one of America’s most significant oil spills has surfaced on a Scottish beach after nearly five decades at sea. Barbara Payne, while cleaning debris from...
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher at Midday
The wheat market is showing midday gains across the three markets on Friday. Chicago SRW futures are up 4 to 5 1/2 cents so far on the session. KC HRW contracts closed are showing 3 to 4 cent gains across nearbys. MPLS spring wheat futures are 1 to 3 cents...
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing Higher on Friday
Corn futures are trying to extend their 6-month highs at Friday’s midday, with contracts up fractionally to 1 ½ cents across the front months. The national average Cash Corn price from cmdtyView is up a penny at $4.25 1/4. Export Sales data showed a total of 1.711 MMT of 2024/25...