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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
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
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From
Austin Schroeder
via
Barchart
Wheat Sneaking Out Gains on Tuesday Morning
Wheat is kicking off Tuesday Trade with contracts slightly higher across the three markets. The wheat complex showed mixed action to close out the Monday session, with the soft wheat market the weakest. Chicago SRW futures were 1 to 2 1/4 cents lower in the nearbys and up ¼ to...
From
Austin Schroeder
via
Barchart
Soybeans Extending Losses on Tuesday AM Trade
The soybean market is heading lower to start the week, with contracts down 5 to 6 cents. Soybeans fell 5 ½ to 9 ½ cents across the board to close out the Monday session as NOPA data was reported shy of trade ideas. CmdtyView’s national front month Cash Bean price...
From
Austin Schroeder
via
Barchart
Corn Near Unchanged on Tuesday Morning
Corn is sticking close to unch do far on Tuesday morning, with contracts fractionally mixed. The corn market posted gains anywhere from fractional to 3 cents higher on Monday to start the last full trading week of the year. The national average Cash Corn price from cmdtyView was up 3...
From
Reuters
via
gCaptain
Denmark Will Not Extradite Anti-Whaling Activist Paul Watson to Japan, Lawyer Says
Denmark has rejected a Japanese request to extradite anti-whaling activist Paul Watson over criminal charges dating back more than a decade, a Danish lawyer representing Watson said on Tuesday.
From
Mike Schuler
via
gCaptain
U.S. Military Strikes Houthi Command Center in Yemen’s Capital
The U.S. military has carried out a precision airstrike on a key command-and-control facility operated by Iran-backed Houthi militants in Sana’a, Yemen’s capital city, according to U.S. Central Command (CENTCOM)....
From
Austin Schroeder
via
Barchart
Soybeans Fall on Monday as NOPA Crush Shy of Estimates
Soybeans fell 5 ½ to 9 ½ cents across the board to close out the Monday session as NOPA data was reported shy of trade ideas. CmdtyView’s national front month Cash Bean price was down 6 1/4 cents at $9.33 ½. Soymeal futures were up 20 to 70 cents/ton on...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed, as Soft Wheat Weakens
The wheat complex showed mixed action to close out the Monday session, with the soft wheat market the weakest. Chicago SRW futures were 1 to 2 1/4 cents lower in the nearbys and up ¼ to 5 cents in the deferreds. KC HRW contracts were ½ to 2 ¼ cents...
From
Austin Schroeder
via
Barchart
Corn Corrects Higher on Monday
The corn market posted gains anywhere from fractional to 3 cents higher on Monday to start the last full trading week of the year. The national average Cash Corn price from cmdtyView was up 3 cents at $4.16. The weekly Export Inspections report from the USDA showed 1.13 MMT (44.48...
From
Bloomberg
via
gCaptain
Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims.
From
Chris Swift
via
Barchart
Shootin' the Bull about updating the index
Today's comments will be via webinar to update the October 30, where I was anticipating a head and shoulders pattern to form.