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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
Mike Schuler
via
gCaptain
EU Extends Red Sea Naval Mission to 2027
The European Union is keeping its warships in the Red Sea. EU member states have agreed to extend EUNAVFOR ASPIDES through February 28, 2027, allocating nearly €15 million to continue protecting commercial shipping in a...
From
Chris Swift
via
Barchart
Shootin' the Bull about changes taking place in cattle production.
The loss of Mexican cattle to produce has come home to roost.
From
Malte Humpert
via
gCaptain
Too Much Ice and Too Little Draft: The Harsh Reality Facing a U.S. Hospital Ship Mission to Greenland
President Trump’s proposal to dispatch a U.S. hospital ship to Greenland would run into a combination of environmental and logistical hurdles that make such a mission impractical in February or March, when Arctic sea ice typically reaches its maximum annual extent.
From
Mike Schuler
via
gCaptain
Panama Officially Cancels CK Hutchison Port Concessions, Clearing Path for Maersk
Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way for Maersk's APM Terminals to take over temporarily.
From
Jim Wyckoff
via
Barchart
Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next.
Wheat prices are set up for chart-based buying early this week. However, uncertainty over Trump’s tariff regime is running hot.
From
Bloomberg
via
gCaptain
Soaring Tanker Costs Force West African Oil Price Cuts
West African crude traders are slashing prices as soaring freight costs and an unfavorable Brent-Dubai spread kill Asian demand. Tanker rates to Asia hit five-year highs while Nigerian crude discounts deepen with no buyers emerging.
From
Reuters
via
gCaptain
Trump Warns of Higher Tariffs for Countries That ‘Play Games’ After Court Ruling
President Donald Trump on Monday said any countries that wanted to "play games" after a key U.S. Supreme Court tariff ruling that they would face much higher tariffs.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Eni and MSC Forge Landmark Partnership to Accelerate Sustainable Fuels
Energy giant Eni and global shipping leader MSC Group have signed a groundbreaking memorandum of understanding to advance their joint pursuit of sustainable shipping and energy transition initiatives. The collaboration...
From
Mike Schuler
via
gCaptain
Austal Tapped to Build Australia’s New Heavy Landing Craft
Austal Limited (ASX: ASB) has been selected to construct eight Landing Craft Heavy vessels based on Damen’s Landing Ship Transport 100 (LST100) design. The vessels will be built at the...
From
Austin Schroeder
via
Barchart
Wheat Back Near Unchanged at Midday
Wheat is fading off the early Turnaround Tuesday bounce, with the three exchanges back near unch at midday. Chicago SRW futures are down 1 to 2 cents in the nearbys. KC HRW contracts are steady to 3 cents lower on the session. MPLS spring wheat is down 4 to fractionally...
From
Austin Schroeder
via
Barchart
Soybeans Bulls Failing to Hold on Tuesday
Soybeans are showing losses of 3 to 6 cents so far on Tuesday’s midday, with contracts facing some trade pressure. CmdtyView’s national front month Cash Bean price is down 6 cents at $9.29 1/4. Soymeal futures are down $5.90/ton so far on the day. Soy Oil futures are back up...
From
Austin Schroeder
via
Barchart
Corn in Collapse Mode on Tuesday
Corn futures are falling at midday so far, with contracts down 6 to 7 cents at midday. The national average Cash Corn price from cmdtyView is down 6 cents at $3.96 1/2 per bu. In a Truth Social post from Monday evening, President-elect Trump stated he would be signing an...
From
Reuters
via
gCaptain
U.S. Trade Partners Warn Trump Tariffs Would Harm All Involved
Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump's threat of imposing hefty tariffs on goods from the three largest U.S. trading partners would harm the economies of all involved and would risk aggravating inflation and damaging job markets.
From
Bloomberg
via
gCaptain
Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says
By Mitchell Ferman (Bloomberg) — Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,”...
From
Bloomberg
via
gCaptain
Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas
Off the coast of Mississippi, a startup has completed its first floating platform for offshore wind turbines. Aikido Technologies Inc.’s solution would allow companies to deploy traditional turbines further from land, where the wind tends to blow stronger and more consistently, and the company sees the Mississippi deployment as a big step toward commercialization.
From
Mike Schuler
via
gCaptain
Containership Transits of Suez Canal Hit 2024 High, But Big Ships Avoid the Route
The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to liner industry analyst Alphaliner. The milestone comes...
From
The Loadstar
via
gCaptain
Panama Land Bridge: Can It Solve the Canal’s Drought Woes?
Rising water levels have restored transits through the Panama Canal, but the canal authority is also looking into how a land bridge could move even more cargo across the isthmus.
From
Mike Schuler
via
gCaptain
Trade War 2.0? Trump Announces Tariffs on Top Trading Partners
President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, shaking markets with his first specific threats to the US’s top trading partners since his election win three weeks ago.
From
Oliver Sloup
via
Barchart
Grain Markets Battle Back From Overnight Weakness
Grain markets were lower to start the overnight trade on the back of tariff talk, but have battled back and firmed in the early morning trade.