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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
Corn Slipping Lower As Traders Come Back from Thanksgiving
The corn market is down 1 to 2 cents so far on Monday AM Trade as traders come back from the short Friday session. Volume was limited. Corn finished off the Friday session with contracts anywhere from ¾ to 7 ¼ cents higher, led by the nearbys. March was down...
From
Austin Schroeder
via
Barchart
Wheat Mixed Across the Three Markets to Start Monday
The wheat complex is mixed on Monday morning, with KC wheat holding the firmest. Wheat faced some pressure on Friday, as the winter wheats were the weakest. Chicago SRW futures were down ½ to 5 ½ cents on the day, with March down 16 ¾ cents last week and 42...
From
Darin Newsom
via
Barchart
Will the Winter Season Change Markets?
The turn of the calendar page to December marks the beginning of meteorological winter, bringing with it seasonal changes to some markets.
From
Reuters
via
gCaptain
Threatened by Climate Change, Panama Canal Has Big Plans to Deal With Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.
From
Bloomberg
via
gCaptain
Iran’s Oil Trade With China Rattled by US Sanctions on Tankers
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC producer to its most valuable customer: China.
From
Mike Schuler
via
gCaptain
U.S. Navy Destroyers Thwart Multiple Houthi Attacks on American Ships
Two U.S. Navy destroyers successfully defended against multiple Houthi-launched attacks while escorting American merchant vessels through the Gulf of Aden between November 30 and December 1. The Arleigh Burke-class guided-missile...
From
Reuters
via
gCaptain
Protesters Block Access To Black Seaport Of Poti
TBILISI, Dec 1 (Reuters) – Georgian anti-government protesters on Sunday blocked an access road into the country’s main commercial port in the Black Sea city of Poti, Georgian news agency Interpress reported. Images showed...
From
Nick Ehrenberg
via
Barchart
Corn Analysis, Holding The 38.2% Fibonacci Level Is Key
Educational and Actionable information using Fibonacci and W.D. Gann analysis
From
Brady Sidwell
via
Barchart
Trump’s tough tariff talks and turkey served up for Thanksgiving week
Friday marked final trading day of November
From
Reuters
via
gCaptain
China Coast Guard Says It Conducted Patrols Around Scarborough Shoal In South China Sea
BEIJING, Nov 30 (Reuters) – China’s coast guard said it had conducted patrols around the Scarborough Shoal in the South China Sea on Saturday to safeguard China’s territorial rights. The coast guard has continued to strengthen...
From
Bloomberg
via
gCaptain
India and Italy In Talks On Blue Economy, Port Cooperation
By Jeanette Rodrigues Nov 30, 2024 (Bloomberg) —Italy is in talks with India to ramp up cooperation in the ship and yacht building industries, Minister of Business and Made in Italy...
From
Reuters
via
gCaptain
Myanmar Navy Fires At Thai Fishing Boats, Detains 31 Fishermen
BANGKOK, Nov 30 (Reuters) – Myanmar’s navy opened fire on a group of Thai fishing vessels on Saturday, causing one fisherman to drown, and detained 31 crew members from one of the boats, a...