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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
Malte Humpert
via
gCaptain
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
Chinese container carrier NewNew Shipping Line has expanded its footprint in Russia’s Arctic with the first delivery of containerized cargo to Murmansk via the Northern Sea Route, as the company moves toward a larger role in a shipping corridor attracting growing interest from China, South Korea and India.
From
The Loadstar
via
gCaptain
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
From
Bloomberg
via
gCaptain
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US.
From
Reuters
via
gCaptain
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.
From
Bloomberg
via
gCaptain
Piracy Observer Says Somali Incidents Rising as Navies Stretched
The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin.
From
Mike Schuler
via
gCaptain
Ukraine Says Russia Hit 52 Civilian Ships in Six Weeks as Black Sea Attacks Escalate
Russia attacked 52 civilian vessels in the Black Sea during July and the first half of August, according to Ukraine’s infrastructure ministry, highlighting a sharp escalation in attacks on commercial...
From
Mike Schuler
via
gCaptain
Panama Canal to Cut Daily Transits as Optimistic Water Outlook Fades
The Panama Canal is cutting daily transit capacity and overhauling its auction system as below-expected rainfall puts renewed pressure on the waterway’s freshwater supplies, just months after officials said they...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Sneaking Out Losses Early on Thursday Morning
Corn futures closed the Wednesday session with contracts up 2 to 5 cents in most nearby contracts. The front month CmdtyView national average Cash Corn price was up 3 cents at $4.56 1/2. The markets will be off on Friday for Good Friday, with Thursday being the last trade day...
From
Austin Schroeder
via
Barchart
Soybeans Mixed to Start Thursday Trade
Soybeans are sticking close to unchanged on Thursday morning, with contracts up 1 ½ to down ½ cents. Beans posted gains of 2 to 4 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price was up 3 cents at $9.87 3/4. Soymeal futures closed with $2.40...
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher Ahead of Export Sales Release
Wheat futures are up across the three markets on Thursday morning. The wheat markets posted Wednesday strength into the close across the three exchanges. Chicago SRW futures were up 5 to 6 cents across the nearbys. Preliminary open interest was down 4,387 contracts on Wednesday. Kansas City HRW was 3...
From
Reuters
via
gCaptain
Russian Arctic Oil Exports to China Jump Helped by STS Transfers, Sources Say
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.
From
Darin Newsom
via
Barchart
How Should Long-Term Investors View Wheat's Variable Storage Rate?
The CME's Variable Storage Rate program adds another layer to winter wheat's real supply and demand situation.
From
Austin Schroeder
via
Barchart
Soybeans Closes with Gains on Wednesday
Soybeans posted gains of 2 to 4 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price was up 3 cents at $9.87 3/4. Soymeal futures closed with $2.40 to $3.30/ton gains, as Soy Oil futures were up 15 to 24 points. The CME will be closed...
From
Austin Schroeder
via
Barchart
Wheat Holds Gains into Wednesday’s Close
The wheat markets posted Wednesday strength into the close across the three exchanges. Chicago SRW futures were up 5 to 6 cents across the nearbys. Kansas City HRW was 3 to 5 cents higher on the Wednesday session. MPLS spring wheat closed 1 to 3 cents in the green at...
From
Austin Schroeder
via
Barchart
Corn Posts Gains on Wednesday
Corn futures closed the Wednesday session with contracts up 2 to 5 cents in most nearby contracts. The front month CmdtyView national average Cash Corn price was up 3 cents at $4.56 1/2. The markets will be off on Friday for Good Friday, with Thursday being the last trade day...
From
Mike Schuler
via
gCaptain
Trump Administration Halts Major New York Offshore Wind Project
U.S. Interior Secretary Doug Burgum has ordered an immediate halt to construction on Equinor’s Empire Wind project off the coast of New York, marking a significant development for the U.S....
From
Mike Schuler
via
gCaptain
Venture Global’s Calcasieu Pass Achieves Commercial Operations
Venture Global announced a significant advancement in U.S. LNG infrastructure with the commencement of commercial operations at its Calcasieu Pass export facility in Louisiana. The project, completed in an impressive...
From
Mike Schuler
via
gCaptain
Saronic Acquires Gulf Craft to Accelerate Autonomous Shipbuilding, Plans $250M Investment in Louisiana Yard
Autonomous vessel developer Saronic announced today the acquisition of Louisiana-based Gulf Craft, marking a significant expansion into autonomous shipbuilding. The acquisition provides Saronic with a strategically located Gulf Coast shipyard...