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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
Mike Schuler
via
gCaptain
Methanol Milestone: Inside Maersk Halifax’s Green Methanol Conversion
MAN Energy Solutions has completed the world’s first retrofit of a Very Large Container Vessel (VLCV) to enable green methanol operation. The Maersk Halifax, a 15,000 TEU containership, underwent an...
From
The Loadstar
via
gCaptain
FMC Halts Premier Alliance Rollout Over Competitive Concerns
The US Federal Maritime Commission (FMC) has issued a request for more information from ONE, HMM and Yang Ming on their proposed Premier Alliance.
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Cutter Seizes $4.6M Drug Cache in International Waters
The U.S. Coast Guard’s Bahrain-baed Sentinel-class fast response cutter Glen Harris (WPC 1144) successfully intercepted and seized illicit narcotics valued at $4.6 million in international waters on November 25. The...
From
Mike Schuler
via
gCaptain
FMC Closes Great Lakes Ballast Water Investigation as Canadian Exemptions Ease Concerns
The Federal Maritime Commission (FMC) has concluded one of its two investigations into Canadian ballast water regulations affecting Great Lakes shipping, marking a significant development in U.S.-Canada maritime relations. The...
From
Oliver Sloup
via
Barchart
Grain Markets Had an Impressive End to Last Week’s Trade. Can the Rally Continue?
Watch us on RFD-TV, today at 9:45am CT!
Grain markets were pretty dull in the first half of last week’s trade but found their footing into the weekend. Some of that strength has carried over into the early morning trade. Can corn, soybeans, and wheat clear the big technical resistance levels?
From
Austin Schroeder
via
Barchart
Corn Bulls Extending Strength on Monday Morning
Corn is up fractionally a penny so far on Monday morning. The corn market put on a rally ahead of the weekend as contracts were up 2 ½ to 5 cents across the board on Friday. March was up 7 cents on the week. Preliminary open interest on Friday was...
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher to Kick Off Monday Trade
Wheat is showing gains across the three exchanges on Monday morning. The wheat complex posted mixed action across the three markets on Friday. Chicago SRW futures were fractionally to 2 ½ cents lower, with December down 4 1/4. March was up 9 ¼ cents last week. There were 5 delivery...
From
Austin Schroeder
via
Barchart
Soybeans Popping on Monday AM
The soybean market is showing 4 to 5 cent gains across most nearby contracts on Monday morning. Soybeans shook off the early losses on Friday, but closed with the front months steady to ¼ cent higher and other contracts down 1 ¼ to 2 ¾. January saw a 4 ¼...
From
Malte Humpert
via
gCaptain
Arctic Shipping Sets New Records With Hundred Transit Voyages Carrying 3m Tonnes of Cargo in 2024
A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a detour around the northern tip of the UK — made a sudden turn and instead took a more-typical journey through the English Channel.
From
Bloomberg
via
gCaptain
Sanctioned Russia Oil Tanker Turns Back From Detour Around UK
A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a detour around the northern tip of the UK — made a sudden turn and instead took a more-typical journey through the English Channel.
From
Reuters
via
gCaptain
Taiwan Raises Alert as China Deploys 90 Ships in Likely Drills
Taiwan raised its alert level on Monday saying China has set up seven zones of reserved airspace and deployed naval fleets and coast guard boats in what a security source described as the first military drills across a broad swathe of the region's waters.