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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
Chris Swift
via
Barchart
Shootin' the Bull about widening starting margins again
Feeder cattle prices rose more than $10.00 over their fat cattle counterpart to start the feeding process.
From
Trent Klarenbach
via
Barchart
Canola Looking Vulnerable
Technical Analysis of the Daily Canola chart.
From
Reuters
via
gCaptain
U.S. Pushes ‘Weeks, Not Months’ Iran Timeline as Hormuz Shipping Crisis Deepens
The U.S. expects its operation against Iran to conclude within weeks, not months, and Washington can meet all its objectives without using ground troops, U.S. Secretary of State Marco Rubio said on Friday.
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...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
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
From
Bloomberg
via
gCaptain
Iran Radio Broadcast Bans Hormuz Strait Transits After US-Israel Strikes
Oil and gas tankers are avoiding the Strait of Hormuz after ships received radio broadcasts purporting to ban transit following US-Israel strikes on Iran. A fifth of the world's seaborne oil and LNG moves through the strait daily.
From
Reuters
via
gCaptain
Will Trump’s Iran Strikes Break the Global Oil Market?
U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global demand. Oil majors have suspended Strait of Hormuz shipments as tanker operators assess security risks.
From
John Konrad
via
gCaptain
Major US Navy Base in Bahrain Hit By Iran
Iranian missiles struck the U.S. Navy's Fifth Fleet headquarters in Bahrain on Saturday after the U.S. and Israel launched a major attack on Iran, triggering retaliatory strikes across the Middle East and forcing American military families into shelters.
From
Darren Carlat
via
Barchart
How Professional Traders Use Calendar Spreads to Reduce Volatility and Improve Consistency
Professional traders often rely on calendar spreads to reduce directional volatility and improve consistency by trading relationships rather than outright price movements.
From
John Konrad
via
gCaptain
U.S. Navy Declares Maritime Warning Zone Across Persian Gulf
The U.S. Navy declared a maritime warning zone across the Persian Gulf after strikes on Iran prompted retaliation, with oil majors suspending shipments through the Strait of Hormuz as the conflict threatens 21 million barrels of daily oil flow.
From
Paul Morgan
via
gCaptain
Houthis Signal Renewed Red Sea Shipping Attacks After U.S.–Israeli Strikes on Iran
The maritime security environment in the Middle East deteriorated sharply on Saturday following confirmed United States and Israeli strikes on Iran, with Yemen’s Houthi movement signalling that it intends to...
From
Bloomberg
via
gCaptain
Hormuz Traffic Slows After Strike On Iran
A number of oil tankers are avoiding sailing through Hormuz shipping strait that links the oil-rich Persian Gulf to the open seas, with some shipowners taking a caution-first approach to the narrow waterway after the US and Israel bombed Iran.
From
Bloomberg
via
gCaptain
US And Israel Launch Attacks on Iran
(Bloomberg) The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich...
From
Mike Schuler
via
gCaptain
Australia Concludes 24-Day Operation to Protect Great Barrier Reef from Disabled Bulk Carrier
The Australian Maritime Safety Authority (AMSA) has wrapped up a 24-day emergency response after a disabled bulk carrier suffered engine failure in the Coral Sea, triggering a complex operation to keep the...