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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
Jim Roemer
via
Barchart
“Are colder weather maps for natural gas trading full of post-Thanksgiving Day Stuffing?”
Jim knocks the stuffing out of the other weather forecasters, figuratively speaking
From
Mike Schuler
via
gCaptain
Panama Cancels Ship Registrations After UK’s Shadow Fleet Crackdown
The Panama Maritime Authority (PMA) has launched expedited cancellation procedures for six Panamanian-flagged vessels recently targeted by UK sanctions. The action follows the ships’ addition to the United Kingdom’s Consolidated...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Fats Lower - Feeders Higher for 10th Straight Day - Grains were Mixed
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Friday
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 this week and 42 ¼ cents on the month. KC HRW contracts were 2 3/4 to 5 ½...
From
Austin Schroeder
via
Barchart
Soybeans Close Mixed Despite Export Data
Soybeans came back off the midday lows into the close, with contracts down 1 to 3 ¾ cents, as January was up ¾. On the week January was up 6 cents, with the contracts down 5 since the end of October. CmdtyView’s national front month Cash Bean price was up...
From
Austin Schroeder
via
Barchart
Corn Pops Out of the Thanksgiving Break
Corn finished off the Friday session with contracts anywhere from ¾ to 7 ¼ cents higher, led by the nearbys. March was down just 2 ¼ cents this week, with today’s rebound minimizing the damage. On the month, March was up 7 cents. The national average Cash Corn price from...
From
Chris Swift
via
Barchart
Shootin' the Bull about attempting to pencil out losses
At the $186.55 close of June cattle today, it represents a price of $2,611.75 at 1,400lbs per steer. At today's close of January feeder cattle at $259.20, it represents a price of $2,203.20 at 850lbs per steer, for a difference of $408.55.
From
Austin Schroeder
via
Barchart
Soybeans Slipping Lower Despite Good Sales Data
Soybeans are trading with 1 to 5 cent losses so far on Friday, despite an export sale announcement and good export sales data. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures are down $2.40/ton on the day. There were 776 delivery notices...
From
Austin Schroeder
via
Barchart
Corn Taking Back Wednesday Losses as Trade Tensions Ease
Corn bulls are reverting from Wednesday’s weaker trade that was pressured by some tariff talk. Futures are back up 3 to 6 cents at midday of the short session. There were 111 deliveries issued against December corn futures on First notice day, with 97 stopped by an RJO customer. The...
From
Austin Schroeder
via
Barchart
Wheat Back to Mixed Trade on Friday
Wheat is trading with mixed action, as the hard wheats are feeling some pressure Chicago SRW futures are up factionally to 4 3/4 cents. KC HRW contracts are mixed, with December ¼ cent high and March down 1 ¼ cents. MPLS spring wheat is down 1 ¼ in the March...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Secures Green Methanol Supply for Retrofitted Containerships
Hapag-Lloyd has secured a major agreement with Beijing-based clean energy provider Goldwind for the annual supply of 250,000 tonnes of green methanol. The deal marks a crucial step in the...