.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
Iran Blacklists 46 Ships On Hormuz ‘Non-Compliant’ List
Iran has published a list of 46 vessels it says violated its arrangements for transiting the Strait of Hormuz, warning that the ships could face fines, detention, seizure or confiscation...
From
Mike Schuler
via
gCaptain
U.S. Threatens Iran’s Trading Partners in New Economic Pressure Campaign
Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war.
From
Mike Schuler
via
gCaptain
U.S. Takes Next Step Toward Nuclear-Powered Commercial Ships
The U.S. Maritime Administration has signed an agreement with nuclear technology developer CORE POWER to explore a pathway toward U.S.-flagged nuclear-powered commercial ships, expanding the Trump administration’s push to bring...
From
Mike Schuler
via
gCaptain
Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade
The Trump administration on Monday launched a sweeping new economic campaign against Iran, expanding the threat of secondary sanctions to the shipping sector while targeting dozens of companies, individuals and...
From
Malte Humpert
via
gCaptain
Canada Bets $11 Billion on Six New Icebreakers as Arctic Shipbuilding Race Accelerates
Canada is committing more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard, the country’s biggest shipbuilding contract in Quebec’s history, as Arctic nations race to replace aging fleets and expand their ability to operate in increasingly strategic northern waters.
From
Mike Schuler
via
gCaptain
Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says
By Mitchell Ferman and Alex Longley (Bloomberg) — The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE...
From
Mike Schuler
via
gCaptain
Houthis Escalate Saudi Shipping Campaign With VLCC Strike
UKMTO says a tanker was struck by an unknown projectile about 63 nautical miles west of Yanbu, Saudi Arabia, early Monday, sparking a fire on the main deck. All crew...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Rallies on Friday
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain. The national average Cash Corn price from cmdtyView was up...
From
Austin Schroeder
via
Barchart
Soybeans Push Higher as Meal Rallies on Argentine Dryness Concerns
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national front month Cash Bean price was up 11 1/4 cents at $9.24 ¾. Soymeal...
From
Chris Swift
via
Barchart
Shootin' the Bull about lines in the sand
In my opinion, the line in the sand is definitive. Bulls are more bullish and bears are more bearish.
From
Mike Schuler
via
gCaptain
US Container Imports Continue ‘Unusually Strong’ Streak
U.S. container ports recorded their fourteenth consecutive month of growth in November, with inbound volumes surging 13.1% year-over-year across the nation’s ten largest ports, according to the latest report from...
From
Austin Schroeder
via
Barchart
Corn Closing Back in on Fall Highs
Corn futures are getting a rally into the Pre-Christmas weekend, wth contracts up 5 to 6 cents in the front months. March is just over a nickel off the October high of $4.52 ¼. The national average Cash Corn price from cmdtyView is up 5 3/4 cents at $4.17 1/4....
From
Austin Schroeder
via
Barchart
Soybeans Rallying Back Ahead of the Weekend
The soybean market is gaining back some upward momentum after a technical break lower earlier in the week. Contracts are up 11 to 13 cents at midday. CmdtyView’s national front month Cash Bean price is up 11 1/4 cents at $9.24. Soymeal futures are up $10.60/ton. Soy Oil futures are...
From
Austin Schroeder
via
Barchart
Wheat Getting Pulled Higher at Midday
Wheat futures are trading with slight gains at Friday’s midday. Chicago SRW futures are up 11 to 2 cents in most contracts so far on the day. KC HRW contracts are 2 to 3 cents back higher at midday. MPLS spring wheat futures are back up 3 to 4 cents...
From
Mike Schuler
via
gCaptain
Biden Pushes Historic High Seas Treaty to Senate
President Biden has taken a significant step toward ocean conservation by transmitting the High Seas Treaty to the Senate for ratification, marking a potential watershed moment for marine protection. The...
From
Mike Schuler
via
gCaptain
APM Terminals Completes Major Expansion in Tangier
APM Terminals has completed the final phase of its ambitious expansion project at MedPort Tangier, adding 2 million TEU capacity to solidify its position as one of the world’s most...
From
Mike Schuler
via
gCaptain
Pioneering Spirit to Tackle Australia’s Largest-Ever Offshore Platform Removal Project
Allseas has secured a groundbreaking contract for Australia’s largest offshore decommissioning project, which will see the removal of up to 12 retired platforms from the Gippsland Basin. The contract, awarded...
From
Reuters
via
gCaptain
Kpler’s Spire Acquisition Sparks Antitrust Concerns in AIS Ship Tracking
French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say.
From
Mike Schuler
via
gCaptain
MSC CEO Soren Toft Elected as New World Shipping Council Chair
The World Shipping Council (WSC), the largest industry trade association representing the international liner shipping industry, has appointed MSC Mediterranean Shipping Company CEO Soren Toft as its new Chair, with Wan...