.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
Houthis Threaten Red Sea Escalation as Iran War Risks Spreading to Second Shipping Chokepoint
Yemeni group warns its “fingers are on the trigger” as Hormuz disruption collides with rising Bab el-Mandeb risk. Yemen’s Iran-aligned Houthi movement has issued its clearest warning yet that it...
From
Lori Ann LaRocco
via
gCaptain
Iran Signals New ‘Permission-to-Transit’ Regime in Hormuz After Blocking COSCO Vessels
By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of Hormuz, claiming it blocked multiple container ships—including two operated by China’s...
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
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...
From
Jim Roemer
via
Barchart
"El Niño neutral” or El Niño: Impact on grains and global commodity markets
Jim's big question here is: "Will there be an El Niño summer?"
From
Austin Schroeder
via
Barchart
Soybeans Finds Late Strength to Post Gains on Friday
Soybeans posted Friday gains of 6 to 10 cents in the nearby contracts, as May was up 17 ½ cents on the week. November was up 13 ¼ cents on the week. The cmdtyView national average Cash Bean price was up 9 1/4 cents at $10.94. Soymeal futures were steady...
From
Austin Schroeder
via
Barchart
Wheat Leads the Grain Rally on Friday
The wheat complex rallied across all three markets on Friday, to lead the grain complex. Chicago SRW futures posted 15 to 19 ½ cent gains on Friday, with May up 11 ¼ cents. KC HRW futures were 17 to 21 ¼ cents in the green, as May was still down...
From
Austin Schroeder
via
Barchart
Corn Posts Friday Rally to Close February
Corn futures posted gains of 4 to 5 ½ cents across the front months on Friday, as May managed an 8 ¾ cent gain this week. The CmdtyView national averageCash Corn price was up 5 3/4 cents to $4.06 1/4. The spring base Crop Insurance price was set at the...
From
Chris Swift
via
Barchart
Shootin' the Bull about doing such a great job, everyone wants to join in
Lastly, cattlemen have bid inventory to levels that have encouraged other producers, outside of the US, to increase production capabilities.
From
Mike Schuler
via
gCaptain
Corpus Christi Expansion Cements U.S. Position as Global LNG Export Leader
U.S. Secretary of Energy Chris Wright signed an export authorization yesterday for a 12% expansion at Cheniere Energy’s Corpus Christi liquefied natural gas terminal, underscoring America’s continued dominance in global...
From
The Loadstar
via
gCaptain
Freight Rates Stall After Lunar New Year as Carriers Eye Blank Sailings
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year holiday.