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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
Mike Schuler
via
gCaptain
Coast Guard Suspends Search for Five Missing After Fishing Vessel Capsizes in Alaska
The U.S. Coast Guard has suspended its extensive 24-hour search for five missing people after their vessel, the Wind Walker, capsized near Couverden Point, Alaska. “We stand in sorrow and...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Just the Beginning of the Slide Lower for the Cattle Markets?
From
Cesar Marconetti
via
Barchart
European Commodities: A Bearish Sign for Coffee Prices
Weakness in Brazil's currency is helping to give shorts the edge in the coffee market, while cocoa looks vulnerable to sharp reversals.
From
Oliver Sloup
via
Barchart
Grains find their footing in the overnight trade
Grain markets were relatively mute to start the new month but are finding their footing in the early morning trade. Can the momentum continue through the session?
From
Austin Schroeder
via
Barchart
Corn Bouncing Back on Tuesday AM Trade
The corn market is trading with 1 to 2 cent gains so far on Tuesday morning. Futures settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally higher. The rest of the old crop contracts were fractionally lower....
From
Austin Schroeder
via
Barchart
Soybeans Showing Early Turnaround Tuesday Gains as Record Crush Reported
Soybeans are getting in an early Turnaround Tuesday action, as contracts are up 8 to 9 cents. Futures posted weakness to start the week, with losses of 4 to 5 ½ cents across the board. CmdtyView’s national front month Cash Bean price was down 3 cents at $9.36. Soymeal futures...
From
Austin Schroeder
via
Barchart
Wheat Popping Higher on Tuesday Morning
The wheat complex is starting off Tuesday trade with some strength. The three exchanges were was mostly lower on Monday, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally to 2 ½ cents, with Dec up 5 ¼ cents. Preliminary open interest was up 7,451...
From
Bloomberg
via
gCaptain
Philippines Sends Ships to Reef After China ‘Harassment’
The Philippines said a Chinese Navy chopper harassed Filipino fishing boats at a disputed South China Sea reef, showing lingering tensions in the key waterway.
From
Trent Klarenbach
via
Barchart
Corn Futures are Showing Promise
Trent Klarenbach analyzes the corn futures market as of December 2nd, 2024. He discusses past price movements concerning technical indicators like the 50-day and 200-day moving averages, predicting a potential bullish trend if a 'golden cross' occurs.
From
Austin Schroeder
via
Barchart
Corn Mixed at the Monday Close
Corn settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally higher. The rest of the old crop contracts were fractionally lower. The national average Cash Corn price from cmdtyView was down 3 cents at $4.04 1/2. USDA’s...
From
Austin Schroeder
via
Barchart
Soybeans Fall on Monday as Record Crush Reported After the Close
Soybeans posted weakness to start the week, with losses of 4 to 5 ½ cents across the board. CmdtyView’s national front month Cash Bean price was down 3 cents at $9.36. Soymeal futures added to the pressure down 40 cents to $4/ton on the day. Soy Oil futures were also...
From
Austin Schroeder
via
Barchart
Wheat Closes Monday Mostly Lower
The wheat complex was mostly lower across the three exchanges, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally to 2 ½ cents, with Dec up 5 ¼ cents. KC HRW contracts closed with fractional losses across most contracts with Dec the lone exception, up...