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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
Austin Schroeder
via
Barchart
Soybeans Bouncing from Early Monday Losses at Midday
Soybeans are trading with gains of 3 to 4 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 3 cents at $10.75 1/4. Soymeal futures are up 20 to 80 cents in the front months, with. Soy Oil futures up 65 to 75 points....
From
Austin Schroeder
via
Barchart
Corn Higher at Midday
Corn futures are posting 1 to 3 cent gains across most contracts so far on Monday. The CmdtyView national average Cash Corn price is up 1 1/4 cent to $3.96 3/4. USDA reported a private export sale of 125,000 MT of corn to Colombia this morning. Monday morning’s Export Inspections...
From
Austin Schroeder
via
Barchart
Wheat Posting Midday Losses
The wheat complex is falling back on Monday. Chicago SRW futures are fown 3 to 4 cents so far on the day. KC HRW futures are 7 to 8 cents higher on Friday. MPLS spring wheat is trading with contracts 2 to 3 cents lower. Export Inspections data showed wheat...
From
Mike Schuler
via
gCaptain
Tidewater Makes $500M Bet on Brazil with Wilson Sons Fleet Acquisition
Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. (WSUT) and its affiliate Atlantic Offshore Services S.A. in a deal valued at approximately $500 million.
From
Mike Schuler
via
gCaptain
Twenty Years of Seafarer Protections: Maritime Labour Convention Marks Historic Milestone
The International Labour Organization (ILO), the International Chamber of Shipping (ICS), and the International Transport Workers’ Federation (ITF) marked the 20th anniversary of the Maritime Labour Convention (MLC) this week with a renewed push to strengthen...
From
Oliver Sloup
via
Barchart
Grains Slip Lower to Start the Week
Grain markets saw a wider ranging trade last week with big moves observed in soybeans and wheat. Is higher volatility going to be the new norm into the spring?
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Bloomberg
via
gCaptain
Poland’s PM Proposes Navy Policing in Baltic Sea Amid Russia Threat
(Bloomberg) — Poland will propose a maritime policing program in the Baltic Sea similar to air-monitoring missions carried out by NATO members, Prime Minister Donald Tusk said on Wednesday. Tusk...
From
Reuters
via
gCaptain
Trump’s Trade War Redux: Meet the New Architect of America’s Tariff Agenda
President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade.
From
Reuters
via
gCaptain
Trump’s Tariff Plan Has No Exemption for Oil Imports
U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security.
From
Oliver Sloup
via
Barchart
A Quiet Grain Trade Ahead of Turkey Day
Grain markets are mixed in the early morning trade as the holiday trade starts to kick in.
From
Austin Schroeder
via
Barchart
Wheat Fading Back Lower to Kick Off Wednesday
Wheat is showing some weakness as the market trades through Wednesday morning. They found some strength to pull out a Turnaround Tuesday bounce at the close. Chicago SRW futures were up fractionally to 3 ¾ cents in most contracts with a few deferreds down ½ cent. KC HRW contracts were...
From
Austin Schroeder
via
Barchart
Soybeans Getting a Pre-Thanksgiving Pop
Soybeans are trading with 5 to 7 cent gains on Wednesday morning. They settled the Tuesday session with nearby contracts down ¼ to 2 ¼ and the rest of the board up 1 to 2 ½ cents. CmdtyView’s national front month Cash Bean price was down 2 1/4 cents at...
From
Austin Schroeder
via
Barchart
Corn Trade Turning Higher ahead of Thanksgiving
The corn market is showing1 to 2 cent higher trade on Wednesday morning. Corn futures were down 1 ¼ to 5 cents across the board on Tuesday, as trade tensions played a larger role on the day. The national average Cash Corn price from cmdtyView was down 5 1/2 cents...
From
Darin Newsom
via
Barchart
Who's Buying US Soybeans? (2024 Edition)
In what has become an annual event, I take a look at the US soybean market supply and demand situation.
From
Mike Schuler
via
gCaptain
Trump Nominates Wall Street Veteran John Phelan as Navy Secretary
President-elect Donald Trump has nominated John Phelan, a prominent figure in private investment and art who has no prior military experience, as the next Secretary of the Navy. In his...
From
Austin Schroeder
via
Barchart
Wheat Closes with Mostly Higher Trade
Wheat found some strength to pull out a Turnaround Tuesday bounce at the close. Chicago SRW futures were up fractionally to 3 ¾ cents in most contracts with a few deferreds down ½ cent. KC HRW contracts were 1 ¾ t 4 cents lower on the session. MPLS spring wheat...
From
Austin Schroeder
via
Barchart
Soybeans Come Back to Close Mixed
Soybeans settled the Tuesday session with nearby contracts down ¼ to 2 ¼ and the rest of the board up 1 to 2 ½ cents. CmdtyView’s national front month Cash Bean price was down 2 1/4 cents at $9.33. Soymeal futures were down $1.60 to $5.60/ton on the day. Soy...
From
Austin Schroeder
via
Barchart
Corn Breaks Lower on Tuesday
Corn futures were down 1 ¼ to 5 cents across the board on Tuesday, as trade tensions played a larger role on the day. The national average Cash Corn price from cmdtyView was down 5 1/2 cents at $3.96 1/4 per bu. EIA data will be released on Wednesday morning,...