.svg){kind=icon}
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
HD Hyundai Advances Humanoid Welding Robots for Shipbuilding
Two units of South Korean shipbuilding conglomerate HD Hyundai have signed a strategic partnership agreement with Germany’s NEURA Robotics to develop specialized humane-like welding robots for the shipbuilding industry. The...
From
Bloomberg
via
gCaptain
U.S. Customs Revenue Tops $100 Billion for First Time Amid Tariff Surge
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
From
Reuters
via
gCaptain
‘All Crew Muslim’: Ships Look to Dodge Red Sea Attacks With Messages
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.
From
The Loadstar
via
gCaptain
Asian-Europe Container Freight Rally Pauses as Spot Rates Soften
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily.
From
Mike Schuler
via
gCaptain
Vancouver Port Authority Begins Bidding Process for $3 Billion Container Terminal to Boost Trade Capacity
The Vancouver Fraser Port Authority has initiated the procurement process for the Roberts Bank Terminal 2 Project, marking a significant milestone for Canada’s trade infrastructure development. The authority is seeking...
From
Mike Schuler
via
gCaptain
Ørsted Secures $3 Billion Financing for Taiwan Offshore Wind Project
Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind...
From
Reuters
via
gCaptain
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Wheat Posting Gains on Thursday AM Trade
Wheat is extending the recent bounce early on Thursday morning. The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains. Chicago SRW futures were up 7 to 8 cents at the close. There were another 28 deliveries for May CBT wheat on Wednesday as the...
From
Austin Schroeder
via
Barchart
Soybeans Pulled Lower by Bean Oil Limit Losses
Soybeans are trading with 12 to 14 cent losses early on Thursday, with coming from 3 cent limit losses for bean oil. The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts. Preliminary open interest...
From
Mike Schuler
via
gCaptain
UK Investigators Uncover Stability Issues Behind Tech Tycoon’s Superyacht Sinking
The UK Marine Accident Investigation Branch (MAIB) has released an interim report detailing the tragic sinking of the superyacht Bayesian off Sicily’s northern coast that left seven dead. According to...
From
Mike Schuler
via
gCaptain
Russian Jet Buzzes Estonian Forces in Gulf of Finland Shadow Tanker Showdown
A tense maritime incident unfolded today in the off the Estonian coast when Estonian naval forces attempted to detain the M/T JAGUAR, a crude oil tanker allegedly part of Russia’s...
From
Austin Schroeder
via
Barchart
Wheat Pulls Out Gains on Wednesday
The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains. Chicago SRW futures were up 7 to 8 cents at the close. Kansas City HRW futures saw contracts 10 to 12 cents higher on Wednesday. Minneapolis spring wheat futures fell to weakness, with contracts down...
From
Austin Schroeder
via
Barchart
Corn Closes Mixed as Nearbys Turn Higher
Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. May rolled off the board at the close. The nearby CmdtyView national average Cash Corn price was up 3 cents at $4.17 3/4. Rains...
From
Austin Schroeder
via
Barchart
Soybeans Posts Green Trade on Wednesday
The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts as May expired. The cmdtyView Cash Bean price was up 5 cents to $10.27 3/4. Soymeal futures were down $1.30/ton on the day, with Soy...
From
Mike Schuler
via
gCaptain
Fednav CEO Paul Pathy Elected President of World’s Largest Shipping Association
Paul Pathy, President & CEO of Canada’s leading dry bulk shipping company Fednav, has made history by becoming BIMCO’s first President from the Americas. His election took place at BIMCO’s...
From
Sean Lusk
via
Barchart
Grain Spreads: Short Covering Wheat
KC wheat bounces from 5.00, but How Far?
From
Oliver Sloup
via
Barchart
Commodity Markets Fly Around in Wednesday's Trade
Equity markets saw some continued strength on Wednesday but the momentum has slowed. More volatility and movement was seen in commodities with markets like gold, grains, and cattle drawing attention.
From
Chris Swift
via
Barchart
Shootin' the Bull about hearing the fat lady sing
Did the fat lady sing? Is the jig up? We will know more tomorrow, but for the time being, the closing of the southern border is believed a bullish black swan event, at the top of the market, for which wasn't believed that big of an ordeal to begin with.
From
Reuters
via
gCaptain
Inside Trump’s Surprise Red Sea Ceasefire Deal with the Houthis
Days before a surprise U.S. ceasefire agreement with Houthis, U.S. intelligence started picking up indications the Yemeni fighters were looking for an exit after seven weeks of relentless U.S. bombings, four U.S. officials said.