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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
Bloomberg
via
gCaptain
Malacca Strait States Will Keep Waters ‘Free, Open and Safe’
Indonesia, Malaysia and Singapore — countries that share the primary stewardship of the Strait of Malacca — said on Tuesday they were committed to keeping the narrow corridor and the waters around it “free, open and safe for international shipping.”
From
Reuters
via
gCaptain
Commodity Vessel Transits Through Strait of Hormuz Hit Three-Month Low, Data Shows
Just two tankers transited the key energy chokepoint of the Strait of Hormuz on Monday, for the lowest daily tally of commodity vessels since early May, with both entering the Gulf, shipping data showed.
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Aditya Sarawgi
via
Barchart
Is Wall Street Bullish or Bearish on Corteva Stock?
Corteva has underperformed the S&P 500 over the past year, yet analysts remain moderately bullish on the stock’s prospects.
From
Austin Schroeder
via
Barchart
Wheat Closes at 11-week Low
The wheat complex bears were busy selling back to near the lows from August on Thursday. Chicago SRW futures were down 8 1/4 to 10 3/4 cents across the board on the day. KC HRW contracts posted losses of 7 ¾ to 9 ¼ cents at the close. MPLS spring...
From
Austin Schroeder
via
Barchart
Corn Falls Lower Despite Record Ethanol Production
Corn was in a risk off approach on Thursday, joining most of the other commodities. Contracts closed with losses of 2 to 7 ½ cents across the board. The national average Cash Corn price from cmdtyView was down 7 1/4 cents at $3.94 1/2 per bu. Weekly data from the...
From
Austin Schroeder
via
Barchart
Soybeans Collapse into Thursday’s Close
Soybeans failed to react to a USDA export sale this morning, as contracts closed with losses of 13 ¾ to 20 ¼ cents. CmdtyView’s national front month Cash Bean price was down 20 cents at $9.35 ¾. The products played a pressure role, with Soymeal futures down $3.20 to $5.10/ton...
From
Chris Swift
via
Barchart
Shootin' the Bull about lots of cattle and beef in production
The trend is well established of producing more beef from fewer cattle, as well as increased imports and decreased exports. Therefore, until these trends are broken, one should not expect a surge in heifer retention or a decrease of imports.
From
Malte Humpert
via
gCaptain
Icebreaker ‘Aiviq’ to Join U.S. Coast Guard Before End of Year to Bolster Arctic Presence
By Malte Humpert (gCaptain) – Commercial Polar icebreaker Aiviq will join the U.S Coast Guard inventory before the end of the calendar year, officials announced during a Congressional hearing on...
From
Oliver Sloup
via
Barchart
Grain and Livestock Markets Come Under Pressure in Thursday's Trade
Grain and livestock markets were lower in Thursday's trade as selling took hold. More downside to come ahead of the weekend?
From
Mike Schuler
via
gCaptain
Treasury Slaps Additional Sanctions on Iran’s Oil Smuggling Machine
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 26 entities, individuals, and vessels linked to the Al-Qatirji Company, a Syrian conglomerate at...
From
Mike Schuler
via
gCaptain
Port of Long Beach Shatters All-Time Cargo Record
The Port of Long Beach handled nearly 1 million twenty-foot containers in October, setting new record as the port’s busiest month in its 113-year history. Fueled by soaring demand for...
From
Austin Schroeder
via
Barchart
Wheat Extending Losses Towards August Lows
The wheat complex has several contracts nearing their respective lows from back in August at midday. Chicago SRW futures are down 7 to 10 cents across most contracts. KC HRW contracts are posting 6 to 7 cent losses in the nearbys. MPLS spring wheat is steady to 5 cents in...
From
Austin Schroeder
via
Barchart
Soybeans Falling on Thursday, as Product Pressure Continues
Soybeans are posting midday Thursday losses of 12 to 15 cents so far as futures are failing to react to export business. There is still uncertainly on potential Trump cabinet appointments including the USDA secretary and US Trade Representative. CmdtyView’s national front month Cash Bean price is down 14 cents...
From
Austin Schroeder
via
Barchart
Corn Losses Mounting on Thursday
Corn continues to be pressured by a weaker grain complex and rising dollar, as contracts are falling another 4 to 7 cents at midday. The national average Cash Corn price from cmdtyView is down 6 1/2 cents at $3.95 1/2 per bu. Weekly data from the EIA showed ethanol production...