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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
Global LNG Supply Cut Further After Cyclone Hits Australian Plants
Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly Asian buyers reeling from the halt of shipments from Qatar.
From
Mike Schuler
via
gCaptain
UN Pushes ‘Hormuz Mechanism’ as Hormuz Disruptions Threaten Global Food Supply
The United Nations is stepping up efforts to contain the fallout from the escalating crisis in the Strait of Hormuz, advancing a new humanitarian-focused shipping mechanism as thousands of vessels remain effectively trapped inside the Gulf.
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher to Close the Week
The wheat complex is trading with strength on Friday. Chicago SRW futures is showing fractional gains on Friday. KC HRW futures are trading with 6 to 7 cent gains across the front months to lead the wheat charge. MPLS spring wheat is 3 to 4 cents higher at midday on...
From
Austin Schroeder
via
Barchart
Corn Falling Back on Friday
Corn futures are trading with contracts 2 to 4 cents lower on Friday’s midday, easing lower into the weekend. The CmdtyView national average Cash Corn price is down 3 1/4 cents to $4.21 1/4. Export Sales data from Thursday tallied old crop corn commitments at 68.875 MMT, a 30% improvement...
From
Austin Schroeder
via
Barchart
Soybeans Selling the Fact Following RVO Announcement
Soybeans are trading with contracts 9 to 10 cents lower in the front months and deferreds down 3 to 5 cents, The cmdtyView national average Cash Bean price is down 9 cents at $10.91 1/4. Soymeal futures are showing $4 to $5 losses at midday, with Soy Oil futures 21...
From
Mike Schuler
via
gCaptain
Stricken Bulk Carrier Mayuree Naree Runs Aground on Iran’s Qeshm Island
A Thai-flagged bulk carrier struck in the Strait of Hormuz earlier this month has now run aground on Iran’s Qeshm Island, as rescue teams continue searching for three missing crew members feared trapped...
From
Reuters
via
gCaptain
Chinese Boxships Abort First Hormuz Exit Attempt, Undermining Iran ‘Safe Passage’ Claims
Two Chinese container ships turned backed after trying to exit the Gulf via the Strait of Hormuz on Friday, ship-tracking data showed, despite assurances from Iran that Chinese vessels could pass.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Malte Humpert
via
gCaptain
Russian Arctic LNG Tankers Keep Red Sea Route Despite Middle East Turmoil
Russia’s Arctic LNG shadow fleet appears to be operating largely undeterred by escalating conflict in the Middle East, with at least seven tankers recently transiting or currently en route through the Red Sea and Bab el-Mandeb strait en route to and from Asia, even as many global shipping operators reroute to avoid the region.
From
Mike Schuler
via
gCaptain
The First 36 Hours: Strait of Hormuz Becomes a War Zone, Tankers Hit, Shipping Giants Halt Gulf Transits
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali Khamenei and top military commanders, the Strait of...
From
Nick Ehrenberg
via
Barchart
Short Term Trend Turns Positive In Corn
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Mike Schuler
via
gCaptain
Belgium Seizes Russian Shadow Fleet Tanker Linked to Iran
Belgian forces have boarded and seized the shadow fleet tanker Ethera in the North Sea, escorting the vessel to the port of Zeebrugge in what officials describe as a coordinated European sanctions...
From
Mike Schuler
via
gCaptain
Operation Epic Fury: Iranian Corvette Sunk as U.S. Reports First Fatalities in Widening Conflict
U.S. Central Command has confirmed the sinking of an Iranian Jamaran-class corvette at a pier in Chah Bahar during the opening hours of Operation Epic Fury, as American forces sustained their first combat losses in the rapidly escalating conflict.
From
Paul Morgan
via
gCaptain
Chokepoints Under Pressure: When Geography and Conflict Strain the Arteries of Global Trade
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli strikes on Iran, renewed Houthi threat...
From
Bloomberg
via
gCaptain
What’s at Stake for Oil Markets after Iran Strikes?
Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel daily production and regional exports face disruption.
From
Reuters
via
gCaptain
Oil Tanker Skylight Hit Off Oman Coast, Injuring Four Crew Members
A U.S.-sanctioned oil tanker was attacked off Oman's coast near the Strait of Hormuz, injuring four crew members. The strike marks the first attack on Oman targets amid escalating Iran-Gulf state tensions.
From
Reuters
via
gCaptain
At Least 150 Oil and Gas Tankers Drop Anchor in Gulf Waters After Strikes on Iran
At least 150 tankers dropped anchor in Gulf waters after U.S.-Israel strikes on Iran, with Tehran threatening to close the Strait of Hormuz—a chokepoint for 20% of global oil supplies. U.S. Navy warns of increased naval presence and congestion.
From
Lori Ann LaRocco
via
gCaptain
Tankers Diverting Strait of Hormuz Region as U.S./ Israel Strikes on Iran Intensify
Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s retaliation.
From
Bloomberg
via
gCaptain
Do Gulf Allies Have Enough Interceptors to Defend Their Ports and Cities?
US and Gulf allies face critical missile interceptor shortages as Iran launches sustained strikes. Stocks could run dry within days while Iran maintains thousands of missiles in reserve, raising questions about who can outlast whom.
From
Brady Sidwell
via
Barchart
Funds buy commodities amid tensions while cattle rally stalls
US & Israel attack Iran overnight