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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
Ben DiCostanzo
via
Barchart
Cattle Markets Fall after a Strong Start to the Week
Feeders surge and then falters, cattle follows along
From
Sean Lusk
via
Barchart
Grain Spreads: Inside the Crush Numbers
Strong Demand Across Soy Sector Yields no Rally
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Just the Beginning of the Slide Lower for the Cattle Markets?
From
Oliver Sloup
via
Barchart
The First Trading Day of December is Officially in the Books!
Grain markets struggled to find buyers in today's trade and long liquidation was seen in the cattle complex. Here's how the first trading day of the month shook out.
From
Mike Schuler
via
gCaptain
Global Supply Chain Leaders Grapple with Rising Tariffs, Survey Reveals
Nearly half of supply chain leaders have identified rising tariffs and trade barriers as their primary concern heading into 2025. The 2024 Supply Chain Intelligence Report, conducted by Descartes Systems...
From
Chris Swift
via
Barchart
Shootin' the Bull about pleasure for one and pain for the other.
As much jubilation as I have seen and heard recently from cattle selling at exceptionally high prices, it doesn't appear to follow through to those buying them.
From
Mike Schuler
via
gCaptain
U.S. Sanctions Five Gulf Cartel Members Over Illegal Fishing in Gulf of Mexico
The U.S. Treasury Department has taken decisive action against Mexico’s Gulf Cartel, sanctioning five key members for their involvement in illegal, unreported and unregulated (IUU) fishing operations that serve as...
From
Mike Schuler
via
gCaptain
LNG Dominates Alternative Fuel Vessel Orders as Methanol Demand Wanes
LNG is remaining the dominant choice for alternative-fueled vessel orders in late 2024, accounting for 23 of the 27 new orders placed in November, according to new figures from international...
From
Mike Schuler
via
gCaptain
Record-Breaking Drug Bust: Australian Authorities Seize Cocaine Worth $465 Million at Sea
Australian authorities have intercepted the nation’s largest-ever cocaine shipment, leading to the arrest of 13 suspects in a sophisticated maritime drug trafficking operation. Operation Tyrrendor, a joint effort by the...
From
Angie Setzer
via
Barchart
The "Yeah, but" Problem: What’s Holding The Grain Markets Back?
Taking a look at the negative mindset permeating grains and what it will take to break us out of the price doldrums.