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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
Russian Oil Most Discounted Since 2023 on Western Sanctions
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
From
Austin Schroeder
via
Barchart
Wheat Falling Back to Kick Off Monday
Wheat is trading with 2 to 6 cent losses on Monday morning The wheat complex was in rally mode to round out the week. Chicago SRW futures posted 13 to 14 cent gains at the close, with March up 24 ¾ cents on the week. KC HRW futures were 6...
From
Austin Schroeder
via
Barchart
Corn Slipping to Start Monday
Corn price action is down fractionally to 1 1/2 cents so far on Monday morning. Futures were up 1 to 4 cents across the front months on Friday, as March was down 4 ¼ cents last week. Spillover support from gains in wheat was helping. Preliminary open interest was down...
From
Austin Schroeder
via
Barchart
Soybeans Falling Early on Monday
Soybeans are down 2 to 6 cents so far on Monday morning. Futures were down 3 to 4 cents in the front months, as March was up 4 ½ cents last week. Open interest was down 36,192 contracts in March on Friday, with the rest up 18,174 contracts. The cmdtyView...
From
Darin Newsom
via
Barchart
How Did Markets Open the Week?
A lot happened that was expected to (US Supreme Court decision and reaction from the White House), and didn't happen that was expected to (military action) since last Friday's close.
From
Reuters
via
gCaptain
Fin Whale Ship Strikes Surge In Chilean Waters
Fin whales feeding in Chile's northern bays face escalating threats from ship collisions and fishing nets, making the region a global hotspot for whale strandings. Marine experts warn the deaths threaten climate-critical species.
From
Jim Roemer
via
Barchart
Dust Storms Hit Plains Wheat: Signs For a New Bull Market?
Jim turns bullish on wheat for the first time in years
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Taking Back Wednesday Losses as Trade Tensions Ease
Corn bulls are reverting from Wednesday’s weaker trade that was pressured by some tariff talk. Futures are back up 3 to 6 cents at midday of the short session. There were 111 deliveries issued against December corn futures on First notice day, with 97 stopped by an RJO customer. The...
From
Austin Schroeder
via
Barchart
Wheat Back to Mixed Trade on Friday
Wheat is trading with mixed action, as the hard wheats are feeling some pressure Chicago SRW futures are up factionally to 4 3/4 cents. KC HRW contracts are mixed, with December ¼ cent high and March down 1 ¼ cents. MPLS spring wheat is down 1 ¼ in the March...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Secures Green Methanol Supply for Retrofitted Containerships
Hapag-Lloyd has secured a major agreement with Beijing-based clean energy provider Goldwind for the annual supply of 250,000 tonnes of green methanol. The deal marks a crucial step in the...
From
Mike Schuler
via
gCaptain
UK Expands Emissions Trading Scheme to Maritime Sector
The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s environmental accountability. The expansion will require vessels operating domestic...
From
Mike Schuler
via
gCaptain
Hamburg’s Historic Port Looks to the Future with MSC Backing
A unit of the world’s largest shipping line, MSC Mediterranean Shipping Company, and the City of Hamburg have successfully completed their joint venture agreement for Hamburger Hafen und Logistik AG...
From
Mike Schuler
via
gCaptain
Shipping Magnate Pivots Her $6 Billion Fortune Towards Equities
The family office for Maria Angelicoussis, Greece’s richest shipping magnate, is boosting publicly traded investments after notching up huge gains in private market bets, according to people with knowledge of the matter.
From
Mike Schuler
via
gCaptain
Autopilot Oversight: How 12 Minutes of Confusion Sealed HMNZS Manawanui’s Fate
An interim Court of Inquiry report reveals that a critical series of human errors involving the HMNZS Manawanui’s autopilot system led to the disaster. The Royal New Zealand Navy dive...
From
Bloomberg
via
gCaptain
Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow
China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions.
From
Austin Schroeder
via
Barchart
Corn Traders Looking to Kick Off Black Friday Trade
The markets will be opening this morning at 8:30 am CST. The corn market was steady to a penny lower across most contracts on Wednesday, with December down 4 ¼ cents ahead of first notice day. There were 111 deliveries issued against December corn futures on First notice day, with...
From
Austin Schroeder
via
Barchart
Wheat Drops on Wednesday, Traders Waiting for the Open
Wheat posted losses across the three markets on Wednesday ahead of the Holiday. Chicago SRW futures were down 1 to 9 1/2 cents in most contracts. KC HRW contracts were 13 to 14 1/4 cents lower on the session, with December falling 24 ¼ ahead of First Notice Day. MPLS...
From
Austin Schroeder
via
Barchart
Soybeans Look to Friday Trade After Gains Ahead of Holiday
Soybeans posted firm to 5 ¼ cent higher trade on Wednesday ahead of the day off on Thursday. Things will open back up at 8:30 am CST. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures were up $2.40 to $4.40/ton on the...
From
Darin Newsom
via
Barchart
What Will Traders be Watching as November Comes to an End?
The stage is set for what should be an interesting last trading day of November 2024.