.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
Darin Newsom
via
Barchart
Is Gold on the Horizon for the Commodity Complex Early Monday Morning?
Of the 3 Kings of Commodities, Gold was the leader coming out of the weekend. This wasn't a huge surprise given the recent sharp selloff in the market.
From
Reuters
via
gCaptain
China Plans First Bio-Marine Fuel Export Quotas For 2025
SINGAPORE, Nov 15 (Reuters) – China is planning its first export quota for marine bunker that is blended with biodiesel, partly to support biofuel producers hit earlier this year by European Union anti-dumping tariffs,...
From
Bloomberg
via
gCaptain
Tuna Boats At Heart of $2 Billion Mozambique Scandal Up For Auction
By Matthew Hill Nov 15, 2024 (Bloomberg) –The tuna fishing fleet at the center of a $2 billion corruption scandal, which scuttled Mozambique’s economy and triggered court cases across three continents,...
From
Reuters
via
gCaptain
Ship Off Yemen Reports Missile Fell Into Red Sea Nearby
CAIRO, Nov 17 (Reuters) – A ship passing through the Red Sea 25 nautical miles west of Al-Mukha, Yemen, reported on Sunday that a missile had splashed into the sea nearby, the United Kingdom...
From
Bloomberg
via
gCaptain
Thyssenkrupp Plans Marine IPO Within A Year, Division Head Says
By Wilfried Eckl-Dorna Nov 15, 2024 (Bloomberg) –Thyssenkrupp AG is planning an initial public offering of its naval shipbuilding unit within a year after plans to sell a majority stake to...
From
Bloomberg
via
gCaptain
Trump Ally Urges Duties on Goods Shipped Via China’s Peru Port
By Eric Martin Nov 16, 2024 (Bloomberg) –A veteran adviser to Donald Trump is proposing that the 60% tariffs that the President-elect has vowed to impose on Chinese goods also apply...
From
Reuters
via
gCaptain
Trump Picks Oil Industry CEO Chris Wright As Energy Secretary
WASHINGTON, Nov 16 (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright...
From
Nick Ehrenberg
via
Barchart
What Happened 6 Weeks Ago In Grains Set The Tone For The Trade That Followed
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Bloomberg
via
gCaptain
India Studying $2 Billion Incentive Plan for Greener Boats
By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered passenger vessels on inland waterways, like barges and ferries,...
From
Brady Sidwell
via
Barchart
Trump Cabinet picks & US$ surge shaking up markets
Dec grain options expire Friday
From
Bloomberg
via
gCaptain
China’s $1.3 Billion Gamble on Peru Port Faces Snags From Andes to Amazon
China has made a $1.3 billion bet that a new port in Peru will boost access to South America’s agricultural bounty. Cashing in on the investment may be harder than expected. China’s President Xi Jinping and Peruvian President Dina Boluarte officially inaugurated Chancay port during a ceremony at Peru’s presidential palace in Lima on Thursday. The move epitomizes Beijing’s ambitions to strengthen commerce with South America as the world braces for more restrictive trade measures under US President-elect Donald Trump.
