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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...
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From
Austin Schroeder
via
Barchart
Corn Continuing Climb on Wednesday AM Trade
Corn is showing 1 to 2 ½ cent gains so far on Wednesday morning, following up the pop on Tuesday thanks to a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. Preliminary open interest saw net new buying, up 26,476 contracts. The...
From
Austin Schroeder
via
Barchart
Wheat Extending Higher on Wednesday Morning
Wheat is showing an extension of the Tuesday pop in early Wednesday trade. The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. There were another...
From
Darin Newsom
via
Barchart
Did the Grains Sector Quiet Down Overnight?
The River known as the Grains sector continued to roll along overnight through early Wednesday, quietly moving on from Tuesday's noise.
From
Reuters
via
gCaptain
China Says It Takes ‘Necessary Measures’ to Defend Sovereignty Over Taiwan
China said on Wednesday it takes "necessary measures" to defend the country's sovereignty and will not tolerate "separatist" activities, as Taiwan reported another rise in Chinese warplanes around the island and called on Beijing to halt provocations.
From
Bloomberg
via
gCaptain
Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China
Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s capital, ending an agreement hailed a year ago as an effort by India and the US to counter China’s growing influence in the region.
From
Austin Schroeder
via
Barchart
Wheat Bulls Push Higher After Stocks Cut
The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. KC HRW contracts were up 3 3/4 to 7 cents on the day. MPLS spring wheat...
From
Austin Schroeder
via
Barchart
Soybeans Hold Gains on Tuesday
Soybean futures held up on the Tuesday session as USDA made minimal changes to the US or world balance sheets. Contracts were up 3 ¾ to 5 ¼ cents at the close. CmdtyView’s national front month Cash Bean price was back up 4 1/2 cents at $9.46. Soymeal futures were...
From
Austin Schroeder
via
Barchart
Corn Rallies on Tuesday as USDA Cuts Stocks
Corn bulls got a pop on Tuesday following a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. The national average Cash Corn price from cmdtyView was up 7 cents at $4.21. The monthly WASDE report from this morning showed a massive 200...
From
Reuters
via
gCaptain
Israeli Strikes Decimate Syrian Weapons Stockpiles, Navy
Israel aims to impose a "sterile defense zone" in southern Syria that would be enforced without a permanent troop presence, Defence Minister Israel Katz said on Tuesday, as the military said a wave of air strikes had destroyed the bulk of Syria's strategic weapons stockpiles.
From
Reuters
via
gCaptain
LNG Export Terminals Await Environmental Reviews as Trump Plans Energy Push
The U.S. Department of Energy said on Tuesday it is not able to complete reviews of two planned liquefied natural gas export terminals in Louisiana until an independent regulatory body finishes its environmental assessments of the projects.
From
Oliver Sloup
via
Barchart
December WASDE - A Win For Corn Bulls
The December WASDE report sent nearby March corn futures rallying to multi-week highs following a surprise cut in ending stocks and bolstered domestic export projections.