.svg){kind=icon}
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...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
Second Subsea Cable Cut in Baltic Sea, Germany and Finland Fear Sabotage
Two undersea fiber-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday.
From
Mike Schuler
via
gCaptain
One Year After Galaxy Leader Hijacking, Maritime Industry Continues to Face Unprecedented Crisis
One year after the hijacking of the M/V Galaxy Leader, the maritime industry continues to grapple with an unprecedented crisis in the Red Sea. The car carrier, en route to...
From
Chris Swift
via
Barchart
Shootin' the Bull about squeezing margins
Fat futures were a little higher. The squeeze of margins is the most interesting aspect with a belief of cattle on feed over 12 million head and a scramble to bid higher for incoming inventory.
From
Angie Setzer
via
Barchart
Wheat: What's Bullish, What's Bearish and What To Watch Next
A run down in the fundamental developments impacting wheat prices around the world.
From
Mike Schuler
via
gCaptain
Maersk Halifax Makes History as First Large Containership Converted to Methanol Fuel
The 2017-built Maersk Halifax has become the first large containership to be converted to methanol fuel, Maersk announced on Monday. The extensive retrofit operation, which concluded at the end of...
From
Reuters
via
gCaptain
LNG Tankers Divert to Europe From Asia After Russia Halts Supplies to Austria’s OMV
At least five cargoes of liquefied natural gas have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower at Midday
Soybeans are feeling some pressure from the products at midday, with contracts down 2 to 4 cents. CmdtyView’s national front month Cash Bean price is down 2 cents at $9.44 3/4. The products were playing a pressure role, with Soymeal futures down 80 cents/ton and Soy Oil futures back down...
From
Austin Schroeder
via
Barchart
Wheat Rallying on Monday
The wheat complex is posting a round of Monday morning strength, as escalating tensions in the Black Sea are giving the market a risk on approach. Chicago SRW futures are up 12 to 13 cents so far on the day. KC HRW contracts is posting gains of 13 to 14...
From
Austin Schroeder
via
Barchart
Corn Bulls Fighting Back at Monday’s Midday
The corn market is posting midday gains of 2 to 3 cents so far on Monday, as spillover support from a double digit bounce in the wheat market. The national average Cash Corn price from cmdtyView is up 3 cents at $4.04 per bu. Export Inspections data from the FGIS...