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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
Darren Carlat
via
Barchart
Corn and Arabica Coffee are at their highest % carry yield for the past 52 weeks. Soybean Meal is at its lowest level.
Fron month Arabica Coffee has completed a massive “head fake” over the past several trading days. Coffee broke through the bottom of the trendline in late October and appeared destined for lower prices. However, these past 5 trading days, Coffee has rallied over 9% and has moved firmly above the breakdown point.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle and Grains lower again. I think they are heading this much lower...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle and Grains lower again. I think they are heading this much lower...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle and Grains lower again. I think they are heading this much lower...
From
Bloomberg
via
gCaptain
ILA-USMX Negotiations: Will President Trump’s First Test Be On the Docks?
When the International Longshoremen’s Association and US Maritime Alliance agreed on a 62% pay raise in order to suspend the strike in early October, they left more difficult issues like automation for after the presidential election.
From
Mike Schuler
via
gCaptain
U.S. Forces Strike More Houthi Targets in Yemen
U.S. Central Command (CENTCOM) forces have conducted precision airstrikes on Houthi weapons storage facilities in Yemen amid the group’s ongoing threats to international shipping in the Red Sea region. The...
From
Austin Schroeder
via
Barchart
Wheat Losses Led by Chicago, as Stronger Dollar Continues to Climb
The wheat complex continued their slide this week, the three markets falling lower on the midweek session. Chicago SRW futures were down 9 ½ to 11 ¼ cents on Wednesday. KC HRW contracts posted 4 to 6 ½ cent losses on the day. MPLS spring wheat was 5 ¼ to...
From
Austin Schroeder
via
Barchart
Corn Losses Limited As Outside Pressure Piles On
The corn bulls tried to hold up on Wednesday despite spillover pressure from a weaker wheat market and stronger US dollar. Contracts were down 1 ½ to 3 ¾ cents on the day. The national average Cash Corn price from cmdtyView was down 1 3/4 cents at $4.02 3/4 per...
From
Austin Schroeder
via
Barchart
Soybeans Pull Off Session Lows to Close Marginally Lower
Soybeans closed out the Wednesday session with contracts down 2 ¾ to 4 cents, as nearby and soon to expire November was up 3/4.. CmdtyView’s national front month Cash Bean price was down 2 1/2 cents at $9.54 1/2. Soymeal futures were down 50 cents to $1.30/ton on the day....
From
Chris Swift
via
Barchart
Shootin' the Bull about feeder cattle losing steam
The feeder cattle index traded under $249.09 today to $249.02. This overlaps the previous low of $249.09 from which the move to current high of $251.20 started.
From
Austin Schroeder
via
Barchart
Wheat Pressure Continuing at Midday
The wheat complex is continuing their slide this week, the three markets heading lower at midday. Chicago SRW futures are down 10 to 11 so far on Wednesday. KC HRW contracts are trading with 5 to 8 cent losses on the day. MPLS spring wheat is 6 to 7 cents...
From
Austin Schroeder
via
Barchart
Soybeans Weaker at Midday as Product Pressure Persists
Soybeans are trading with contracts down fractionally to 2 cents. They were felling pressure from the products on Tuesday, as contracts were down 8 ¼ to 13 ¾ cents. CmdtyView’s national front month Cash Bean price is down 3 cents at $9.55. Soymeal futures are down $1.80/ton. Soy Oil futures...