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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
Mike Schuler
via
gCaptain
Project44: China Imports Surge as U.S. Shippers Navigate Tariffs
New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season. Despite ongoing trade tensions and the introduction...
From
Malte Humpert
via
gCaptain
U.S. Coast Guard Boards Foreign Transshipment Vessels and Shadows Russian Surface Groups During Arctic Patrol
U.S. Coast Guard Cutter Stratton has returned from a 110-day Arctic patrol. Stratton extended U.S. surface vessel presence this summer to above 72°N latitude, waters traditionally reserved for icebreakers and ice-capable ships.
From
Bloomberg
via
gCaptain
Greece Extends Drills Hampering Transfer of Russian Oil Cargoes
Greece’s navy extended for a sixth time a series of naval drills, prolonging them by another four months as the country tries to deter Russian oil transfers off its coastline.
From
Mike Schuler
via
gCaptain
Massive “Bomb Cyclone” to Unleash Hurricane-Force Winds and Towering Waves Off U.S. West Coast
A powerful weather system is set to explode off the U.S. West Coast, bringing with it hurricane-force winds and massive wave heights. The rapidly intensifying low-pressure system is expected to...
From
Oliver Sloup
via
Barchart
Grain and Livestock Markets are On the Move!
Grain markets were mixed in the overnight trade but have found support following the floor open. A sign of better things to come? Livestock markets had a WILD end to last week but are relatively mute to start this week's trade. Here are a few things we are keeping an eye on.
From
Reuters
via
gCaptain
Subsea Cable Linking Finland and Germany Severed
HELSINKI, Nov 18 (Reuters) – A fiber optic communications cable linking Finland and Germany along the seabed has stopped working and may have been severed by an outside force, Finnish state-controlled cyber security and...
From
Mike Schuler
via
gCaptain
EU Tightens Grip on Iran: New Sanctions Target Shipping Routes, IRISL in Response to Russia Support
The European Union has expanded its sanctions framework to curb Iran’s military support to Russia, focusing on disrupting key shipping routes and component transfers The development marks a crucial step...
From
Bloomberg
via
gCaptain
France’s LNG Imports From Russia Hit Record With German Help
France’s imports of liquefied natural gas from Russia have surged to a record, aided by deliveries from a German state-owned energy firm. The nation so far this year has received more LNG from Moscow than in any full year since supplies began in 2018, ship-tracking data compiled by Bloomberg show. Deliveries into the Dunkirk terminal near the Belgian border have soared in particular.
From
Oliver Sloup
via
Barchart
Grain Markets Mixed to Start a New Week
Watch us on RFD-TV, today at 9:45am CT!
Grain markets are mixed to start the week with corn near UNCH, wheat higher, and soybeans under pressure.
From
Austin Schroeder
via
Barchart
Soybeans Retreating on Monday Morning
Soybeans are giving back most of the Friday recovery, as contracts are down 7 to 9 cents. Bulls fought back on Friday, as contracts settled the session with gains of 5 to 11 cents across the board. Nearby January was down 3.08% last week. Preliminary open interest indicated net new...
From
Austin Schroeder
via
Barchart
Wheat Posting Monday Morning Gains
Futures are trading with slight strength across the three market on Monday morning. The wheat complex saw a rebound on Friday following a week of losses and holding above the August lows. Chicago SRW futures were up 5 to 8 1/2 cents across the board on the day, as December...
From
Austin Schroeder
via
Barchart
Corn Slipping Lower Out of the Weekend
Futures are starting off the week on a lower note, with contracts down 1 to 2 cents. The corn market was on the receiving end of a pre-weekend bounce on Friday, as contracts closed with 2 ½ to 5 cent gains across the board. December slipped 1.62% since last Friday....