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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
Reuters
via
gCaptain
Satellite Imagery Shows Russian Navy Ships Anchored Off Syrian Coast
Satellite imagery show that Russian naval ships have left Moscow's base at Tartous on Syria's coast and some have dropped anchor offshore following the overthrow of Syrian President Bashar al-Assad by rebel forces.
From
Oliver Sloup
via
Barchart
Grain Markets Mixed Ahead of Tuesday’s WASDE Report
Grain markets have had a choppy start to the week as traders await new news from the USDA. Here’s a few things to keep an eye on for today’s trade
From
Austin Schroeder
via
Barchart
Soybean Bulls Pushing Back Higher in Early Tuesday Action
Soybean futures are back up 3 to 5 cents so far on Tuesday. The soybean market posted Monday losses of ¼ to 3 3/4 cents across the nearbys, with a few deferreds steady to fractionally higher. CmdtyView’s national front month Cash Bean price was back down 3 3/4 cents at...
From
Austin Schroeder
via
Barchart
Corn Squaring Up Ahead of USDA Reports
The corn market is showing fractional losses so far on the Tuesday session. Corn futures rounded out the Monday session with some buying ahead of the USDA reports set for Tuesday. Contracts were up 1 to 3 ¼ cents. The national average Cash Corn price from cmdtyView was up 1...
From
Austin Schroeder
via
Barchart
Wheat Falling Back Ahead of USDA Release
Th wheat complex is showing fractional to 3 cent losses across the three markets in early trade. Wheat posted some strength across the three markets on Monday. Chicago SRW futures were 1 ½ to 2 3/4 cents higher, with December an exception on thin trade. There were 3 deliveries issued...
From
Darin Newsom
via
Barchart
More Overnight Chaos for Markets to Deal With
More Butterflies (the symbol of Chaos, aka the Butterly Effect) were fluttering in markets overnight though early Tuesday morning, this time coming from Brazil.
From
Bloomberg
via
gCaptain
Marcos Says Philippines Won’t Send Warships After China Clashes
Philippine President Ferdinand Marcos Jr. said his nation won’t deploy Navy warships to the South China Sea in response to recent clashes with Beijing in disputed waters.
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
1 | Change Over the past 100 years, U.S. #corn production has increased more than 700% while planted area has decreased 10%. Incredible! Perhaps the Department of Energy, Argonne, CARB, and the Department of the Treasury should take note as U.S. corn ethanol gets a 20-point ding for 'land use...
From
Austin Schroeder
via
Barchart
Wheat Holds Gains on Monday
Wheat posted some strength across the three markets on Monday. Chicago SRW futures were 1 ½ to 2 3/4 cents higher, with December an exception on thin trade. KC HRW contracts were up 4 3/4 to 5 1/4 cents on the day. MPLS spring wheat was 3 3/4 to 6...
From
Austin Schroeder
via
Barchart
Soybeans Slip Lower as Export Shipments Pull Back
The soybean market posted Monday losses of ¼ to 3 3/ cents across the nearbys, with a few deferreds stead to fractionally higher. CmdtyView’s national front month Cash Bean price was back down 3 3/4 cents at $9.41 1/2. Soymeal futures were up $1.30 to $2.30/ton at the close. Soy...
From
Austin Schroeder
via
Barchart
Corn Positions Higher Ahead of Tuesday’s USDA Reports
Corn futures rounded out the Monday session with some buying ahead of the USDA reports set for Tuesday. Contracts were up 1 to 3 ¼ cents. The national average Cash Corn price from cmdtyView was up 1 3/4 cents at $4.14. Weekly Export Inspections data from USDA indicated 1.05 MMT...