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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
Thanksgiving travel weather & Updated South American corn and soybean forecast
Jim conveys his Thanksgiving message, along with some actionable analysis of crop weather for corn and beans
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Will The Feeders Break on Friday - End of The Month Profit Taking?
From
Austin Schroeder
via
Barchart
Wheat Collapses on Wednesday, with December Pressured Ahead of FND
Wheat posted losses across the three markets on Wednesday ahead of the Holiday. Chicago SRW futures were down 1 to 9 1/2 cents in most contracts. KC HRW contracts were 13 to 14 1/4 cents lower on the session, with December falling 24 ¼ ahead of First Notice Day. MPLS...
From
Nick Ehrenberg
via
Barchart
Did A 78.6% Fibonacci Retracement Just End The Bull Run In Cattle & Hogs?
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Soybeans See Gains Ahead of Turkey Day
Soybeans posted firm to 5 ¼ cent higher trade on Wednesday ahead of the day off on Thursday. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures were up $2.40 to $4.40/ton on the day. Soy Oil futures were back down 170 to...
From
Austin Schroeder
via
Barchart
Corn Comes Back to Close Near Steady Ahead of Thanksgiving
The corn market was steady to a penny lower across most contracts on Wednesday, with December down 4 ¼ cents ahead of first notice day on Friday. The national average Cash Corn price from cmdtyView is down 3 3/4 cents at $3.92 1/2 per bu. EIA data from this morning...
From
Chris Swift
via
Barchart
Shootin' the Bull about a contagious fever
Auction's can at times produce a feverish pitch to their attendees that can be contagious. I think when coupled with the fundamental change from drought to drowning, it is a reason for the abrupt run up in lighter weight categories for which are currently crushing margins to cattle feeders, as some of the fever is spilling over into the feeder cattle market.
From
Mike Schuler
via
gCaptain
Avance Gas Exits Shipping Market with $450 Million Profit, Plans Complete Wind-up
Avance Gas Holding Ltd (OSE: AGAS), one of the leading owners of Very Large Gas Carriers (VLGCs), has announced its complete exit from the shipping market through strategic fleet sales....
From
Mike Schuler
via
gCaptain
U.S. Coast Guard’s Aging ‘Polar Star’ Begins Antarctic Mission as Service Races to Modernize Icebreaker Fleet
The USCGC Polar Star, America’s only heavy icebreaker, has departed Seattle for its annual Antarctic mission supporting Operation Deep Freeze (ODF), marking its 28th year in this critical role. The...
From
Reuters
via
gCaptain
Trump Readying Energy Blitz: LNG Permits, Drilling, and Keystone Redux Top Day-One Agenda
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.
From
Austin Schroeder
via
Barchart
Corn Mixed Heading into the Holiday
The corn market is showing fractional gains to 2 cent losses on Wednesday, with Dec feeling pressure ahead of first notice day. The national average Cash Corn price from cmdtyView is down 2 1/4 cents at $3.94 per bu. Friday is first notice day for December corn futures. EIA data...
From
Austin Schroeder
via
Barchart
Wheat Falling, with December Pressured Ahead of FND
Wheat is showing weakness across the complex ahead of the Holiday. Chicago SRW futures are down 6 to 9 cents in most contracts. KC HRW contracts are 11 to 13 cents lower on the session, with December falling ahead of First Notice Day, down 24 cents. MPLS spring wheat is...