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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
Soybeans Close Friday on a Mixed Note
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 cent gain this week. CmdtyView’s national front month Cash Bean price was back up 1/4 cent at...
From
Austin Schroeder
via
Barchart
Wheat Closes with Mixed Trade on Friday, but Gains on the Week
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 this week. KC HRW contracts were up 1 to 1 3/4 cents on the day, with a...
From
Austin Schroeder
via
Barchart
Corn Rallies on Friday
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. The national average Cash Corn price from cmdtyView was up 4 3/4 cents at $4.12 1/4. Commitment...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Grain and Livestock Markets Mixed on A Slow Day. Feeders Lower Next Week?
From
Mike Schuler
via
gCaptain
EU Containership Emissions Stagnate Despite Industry Claims of Progress
European containerships are showing no improvement in pollution levels per container compared to six years ago, according to a new report from Transport & Environment (T&E). Despite industry assertions of...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Grain and Livestock Markets Mixed on A Slow Day. Feeders Lower Next Week?
From
Chris Swift
via
Barchart
Shootin' the Bull about weeks end
In my opinion, I think the situation is as simple as there are too many cattle producers for the number of cattle available.
From
Mike Schuler
via
gCaptain
OPEC+ Extends Cuts: Why the Oil Giants Are Delaying Output Rises to Q2 2025
DUBAI, Dec 6 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Friday the OPEC+ decision to push back the start of oil output rises by three months until April was based mainly on fundamentals. “There...
From
Mike Schuler
via
gCaptain
Somali Piracy Resurges After Monsoon Lull
With the Indian Ocean monsoon season ending, Somali piracy activity is expected to rise. After a four-year absence, Somali piracy has resurged dramatically in the past year, culminating in pirates...
From
Austin Schroeder
via
Barchart
Soybeans Reversing Morning Losses at Midday
Soybeans are shaking off the early session weakness at midday, with contracts mixed at midday and nearbys up fractionally. CmdtyView’s national front month Cash Bean price is back up 1 cent at $9.46 3/4. Soymeal futures are $2.80/ton lower. There were 50 deliveries issued against Dec soy meal overnight. Soy...
From
Austin Schroeder
via
Barchart
Wheat Mixed Around on Friday
The wheat complex is posting mixed action across the three exchanges on Friday. Chicago SRW futures are showing fractional gains at midday. There were 7 deliveries issued against Dec CBT wheat overnight. KC HRW contracts are up 1 to 2 cents on the day. MPLS spring wheat is slipping down...