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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
Soybeans Pulled Lower to Start Tuesday
The soybean market is feeling some weakness on Tuesday, with contacts down 6 to 7 cents. Soybeans reversed the midday weakness, as contracts rallied for a 4 ¾ to 11 ¼ cent gain across the board, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 11...
From
Austin Schroeder
via
Barchart
Wheat Holding Gains into Tuesday Morning
Futures are posting Tuesday morning gains across the three markets. The wheat complex held the Monday strength into the close, as escalating tensions in the Black Sea gave the market a risk on approach. Chicago SRW futures were up 9 to 11 3/4 cents on the day. KC HRW contracts...
From
Austin Schroeder
via
Barchart
Corn Fractionally Higher on Tuesday AM Trade
Corn is pushing higher with fractional gains so far on Tuesday morning. The corn market posted gains across most contracts on Monday, with contracts up 3 to 5 ¼ cents in the nearbys and fractionally mixed for the 2025 crop. Spillover support from a double digit bounce in the wheat...
From
Mike Schuler
via
gCaptain
UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors
The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader international effort to disrupt the...
From
Reuters
via
gCaptain
Germany Says Damage to Baltic Underwater Cables Should be Presumed Sabotage
The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces boosted surveillance of its waters in response.
From
Mike Schuler
via
gCaptain
Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary
President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the transportation and maritime industries. The unexpected choice...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Grain and Livestock Markets All Higher - Where will the Fats and Feeders Close on Friday
From
Austin Schroeder
via
Barchart
Wheat Rallies on Monday
The wheat complex held the Monday strength into the clsoe, as escalating tensions in the Black Sea gave the market a risk on approach. Chicago SRW futures were up 9 to 11 3/4 cents on the day. KC HRW contracts posted gains of 10 3/4 to 15 1/4 cents on...
From
Austin Schroeder
via
Barchart
Soybeans Rally into the Close
Soybeans reversed the midday weakness, as contracts rallied for a 4 ¾ to 11 ¼ cent gain across the board, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 11 1/2 cents at $9.57 1/4. The products managed to shake off the midday weakness and turn...
From
Austin Schroeder
via
Barchart
Corn Post Front-Month Led Monday Strength
The corn market posted gains across most contracts on Monday, with contracts up 3 to 5 ¼ cents in the nearbys and fractionally mixed for the 2025 crop. Spillover support from a double digit bounce in the wheat market helped the bulls. The national average Cash Corn price from cmdtyView...