.svg){kind=icon}
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
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
Report: Russian Ship Fired Flare at German Helicopter in Baltic Sea
A German defense ministry spokesperson could not confirm media reports on Wednesday about an incident between a German army helicopter and a Russian ship in the Baltic Sea.
From
Mike Schuler
via
gCaptain
MAN Energy Solutions Achieves Full-Scale Ammonia Engine Testing Milestone
MAN Energy Solutions has commenced testing of the world’s first full-scale, two-stroke marine engine running on ammonia at its Research Centre Copenhagen (RCC). The advancement marks a crucial step in...
From
Austin Schroeder
via
Barchart
Wheat Leaking Lower
Wheat is showing losses as we kick off the Wednesday session, with contracts down 1 to 4 cents across the three markets. The wheat complex ended the Tuesday session with contracts mostly higher. Chicago SRW futures were the exception, fractionally mixed across the board. There have yet to be any...
From
Austin Schroeder
via
Barchart
Soybeans Back to Lower Trade on Wednesday AM
Soybeans are trading with 5 to 6 cent losses so far on Wednesday morning. Futures backed off the early Tuesday highs, but contracts still managed to close with fractional to 6 ½ cent gains. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.43 3/4. Soymeal...
From
Austin Schroeder
via
Barchart
Corn Falling to Start Midweek Trade
Corn is showing 1 to 2 ½ cent losses so far on Wednesday AM trade. The corn market ended the Tuesday session with losses after a stronger overnight session. Contracts were down fractionally to 1 ¼ cents on the day. There were 111 deliveries issued against December corn futures overnight...
From
Malte Humpert
via
gCaptain
Russia’s Nuclear Icebreaker Fleet Now Largest Ever as Eighth Vessel Begins Sea Trials
Russia’s fleet of powerful nuclear icebreakers is now eight vessels-strong, surpassing previous high points reached in the 1990s and 2000s.
From
Bloomberg
via
gCaptain
What It’s Like to Captain a Tanker on Fire After a Houthi Attack
Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil tanker.
From
Reuters
via
gCaptain
Philippines, China Trade Accusations On New South China Sea Confrontation
China and the Philippines gave conflicting versions on Wednesday of a maritime confrontation around a contested shoal in the South China Sea, the latest row in a longstanding dispute between the neighbours.
From
Austin Schroeder
via
Barchart
Soybeans Post Turnaround Tuesday Gains
Soybeans backed off the early Tuesday highs, but contracts still managed to close with fractional to 6 ½ cent gains. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.43 3/4. Soymeal futures closed the session steady to $2.60/ton higher. Soy Oil futures were up 36...
From
Austin Schroeder
via
Barchart
Wheat Closes with Mostly Higher Trade
The wheat complex ended the Tuesday session with contracts mostly higher. Chicago SRW futures were the exception, fractionally mixed across the board. KC HRW contracts were up 3/4 to 2 1/4 cents across the board. MPLS spring wheat was up 1 to 2 ½ cents, as Dec closed up 9...
From
Austin Schroeder
via
Barchart
Corn Closes with Tuesday Losses
The corn market ended the Tuesday session with losses after a stronger overnight session. Contracts were down fractionally to 1 ¼ cents on the day. The national average Cash Corn price from cmdtyView was up ¼ cent at $4.05 1/2. A report on Tuesday initially indicated there wouldn’t be a...
From
Chris Swift
via
Barchart
Shootin' the Bull on a little bit of everything
It appears that some are anxious to own even higher priced cattle, but seemingly those who do are not placing them on feed, but further backgrounding them as the lighter weights were either not available or too expensive.