Shipping Industry News

The containership MSC Baltic III remains firmly grounded on the seabed off Newfoundland’s coast following a power loss incident, with Canadian Coast Guard crews reporting no pollution despite significant hull...

As Russia’s invasion of Ukraine enters its fourth year, Moscow is increasingly resorting to clandestine cargo transfers as it wrestles with sanctions and tries to keep its oil exports flowing.

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.

Corn, soybeans, and wheat are all flirting with the 20-day moving average, with corn breaking below it for the first time since December 5th. Is a trend change in order?

Wheat is trading with continued weakness on Tuesday AM trade. The three wheat exchanges closed weaker on Monday, as contracts were pushed lower to start the week. Chicago SRW futures posted 10 to 11 cent losses. KC HRW futures were 12 to 13 cents lower to kick off the week....

Tuesday morning price action in the corn market is 3 to 4 cents in the red. Corn futures were in a weaker mode on Monday, as contracts broke lower with losses of 4 to 9 cents on the session. CmdtyView’s national average Cash Corn price was down 9 cents at...

The soybean market is hovering near unchanged on Tuesday morning, with contracts fractionally mixed. Soybeans slipped lower on Monday, with contracts closing with 8 to 11 cent losses. The cmdtyView national front month Cash Bean price was down 9 cents at $9.72 1/2. Soymeal futures closed down $1.20 to 3.00/ton...

A U.S. Coast Guard cutter crossing the Tasman Sea as part of maritime security cooperation with Australia and New Zealand knew Chinese naval ships were in the area but had no interaction with them, its commanding officer said on Tuesday.

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics firm Kpler.

It was a quiet overnight session Monday into Tuesday morning with some of the more volatile markets taking a break from recent activity.

The Office of the United States Trade Representative (USTR) has announced sweeping new measures targeting China’s growing dominance in global maritime sectors, including potential fees of up to $1.5 million...

Soybeans were weaker on Monday, with contracts closing with 8 to 11 cent losses. The cmdtyView national front month Cash Bean price was 9 cents lower at $9.72 1/2. Soymeal futures closed down $1.20 to 3.00/ton on the day, with Soy Oil futures down 79 to 111 points at the...