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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
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
They Tried to Scare the Cattle Markets Higher, but that was Faded, and the Feeders Closed Lower. Hogs Lower as well.
From
Mike Schuler
via
gCaptain
Orange Juice Tanker Saves Solo Sailor from Sinking Vessel in Atlantic
The U.S. Coast Guard and the crew of the orange juice tanker Orange Ocean successfully rescued a solo sailor in distress 420 miles north of Puerto Rico on Friday. Kirill Vladimirovich...
From
Mike Schuler
via
gCaptain
Port Strike Threat and Trump Tariffs Spark Import Surge at U.S. Container Ports
A potential East Coast and Gulf Coast port strike looming in January, coupled with President-elect Trump’s planned tariff increases, is seen driving volume growth in U.S. container ports through early...
From
Oliver Sloup
via
Barchart
Grain and Livestock Markets Mixed to Start the Week Ahead of Tuesday's WASDE Report
Grains were uniformly higher early this morning but some of that strength fizzled as positioning squaring ahead of Tuesday's WASDE may have capped upside movement. Livestock markets were mostly mixed with little new news.
From
Chris Swift
via
Barchart
Shootin' the Bull about October live cattle
Although the seasonal tendency for October live cattle is firm going into expiration, it does not always suggest a new contract high.
From
Mike Schuler
via
gCaptain
Maersk: Lunar New Year, Labor Disputes, and Port Congestion Challenge European Shipping Market in 2025
The early months of 2025 will present unique challenges and opportunities for the shipping industry. The Lunar New Year, beginning January 29, 2025, is expected to impact global shipping patterns,...
From
Angie Setzer
via
Barchart
Are Soybeans As Bearish As Advertised?
Taking a look at what's happening in soybeans both domestically and around the world.
From
Mike Schuler
via
gCaptain
BOEM’s Draft EIS Sets the Stage for GoM Oil Leasing in a Shifting Energy Landscape
The Bureau of Ocean Energy Management (BOEM) has released its Draft Programmatic Environmental Impact Statement (EIS) for Gulf of Mexico oil and gas lease sales. The announcement comes on the...
From
Austin Schroeder
via
Barchart
Soybeans Slipping as Shipments Slow
The soybean market is showing 2 to 5 cent losses across the front months on Monday. CmdtyView’s national front month Cash Bean price is back down 4 1/2 cent at $9.40 1/2. Soymeal futures are up $2.40/ton at midday. There were 43 deliveries issued against December meal. Soy Oil futures...
From
Austin Schroeder
via
Barchart
Corn Bulls Positioning Higher Ahead of Tuesday USDA Reports
Corn futures are showing 1 to 2 ¾ cent gains across most contracts on Monday. Preliminary open interest on Friday was up 20,781 contracts. The national average Cash Corn price from cmdtyView is up 1 1/4 cents at $4.14 1/2. Weekly Export Inspections data from USDA indicated 1.05 MMT (41.3...
From
Austin Schroeder
via
Barchart
Wheat Posting Midday Gains
Wheat is showing gains across the three exchanges at Monday’s midday. Chicago SRW futures are fractionally to 1 ½ cents higher, with December an exception on thin trade. There were 5 delivery notice issued against December Chicago wheat on Friday night. KC HRW contracts are up 3 to 4 cents...
From
Oliver Sloup
via
Barchart
Grain Markets Test Significant Resistance Ahead of WASDE Report. Funds Remain Aggressively Long in Livestock Markets
Grain markets have seen a choppy trade to start the week as traders gear up for Tuesday’s WASDE report. Risk of long liquidation lingers over the livestock markets as Funds remain at or near record long across the board.