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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
Jim Roemer
via
Barchart
USDA Planting Preview & El Niño Looms Over Drought Stressed Wheat
Check out Jim's VIDEO about his thoughts on the coming USDA planted acreage projections
From
Austin Schroeder
via
Barchart
Soybeans Sell the Fact Following RVO Release
Soybeans closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents this week. The cmdtyView national average Cash Bean price as down 14 ¼ cents at $10.86. Soymeal futures posted Friday losses of $2.20 to $6.80, with May...
From
Austin Schroeder
via
Barchart
Wheat Posts Friday Gains
The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents this week. KC HRW futures posted gains of 3 ¼ to 6 ¼ cents to lead the way, as May was...
From
Austin Schroeder
via
Barchart
Corn Fades Lower into the Weekend
Corn futures eased back lower into the weekend, closing Friday with contracts steady to 5 cents lower led by the nearbys. Front month May was down 3 ½ cents this week. The CmdtyView national average Cash Corn price was down 5 cents to $4.19 1/2. Export Sales data from Thursday...
From
Mike Schuler
via
gCaptain
Houthis Threaten Red Sea Escalation as Iran War Risks Spreading to Second Shipping Chokepoint
Yemeni group warns its “fingers are on the trigger” as Hormuz disruption collides with rising Bab el-Mandeb risk. Yemen’s Iran-aligned Houthi movement has issued its clearest warning yet that it...
From
Lori Ann LaRocco
via
gCaptain
Iran Signals New ‘Permission-to-Transit’ Regime in Hormuz After Blocking COSCO Vessels
By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of Hormuz, claiming it blocked multiple container ships—including two operated by China’s...
From
Chris Swift
via
Barchart
Shootin' the Bull about widening starting margins again
Feeder cattle prices rose more than $10.00 over their fat cattle counterpart to start the feeding process.
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From
Bloomberg
via
gCaptain
Soaring Tanker Costs Force West African Oil Price Cuts
West African crude traders are slashing prices as soaring freight costs and an unfavorable Brent-Dubai spread kill Asian demand. Tanker rates to Asia hit five-year highs while Nigerian crude discounts deepen with no buyers emerging.
From
Reuters
via
gCaptain
Trump Warns of Higher Tariffs for Countries That ‘Play Games’ After Court Ruling
President Donald Trump on Monday said any countries that wanted to "play games" after a key U.S. Supreme Court tariff ruling that they would face much higher tariffs.
From
Bloomberg
via
gCaptain
First Indian Diesel Cargo Arrives in Europe After New Russian Sanctions Take Effect
The Proteus Bohemia carrying 100,000 tons of diesel from India's Reliance facility has arrived in Rotterdam, the first such cargo since EU sanctions on Russian-sourced fuel took effect Jan. 21, testing trader confidence in the new rules.
From
Mike Schuler
via
gCaptain
Austal Lands $2.8B Deal to Build Australia’s New Heavy Landing Craft Fleet
Austal Limited has secured a A$4 billion (USD $2.82 billion) contract from the Commonwealth of Australia to build eight 100-meter Landing Craft Heavy vessels, marking one of the largest naval shipbuilding...
From
Austin Schroeder
via
Barchart
Soybeans Bouncing from Early Monday Losses at Midday
Soybeans are trading with gains of 3 to 4 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 3 cents at $10.75 1/4. Soymeal futures are up 20 to 80 cents in the front months, with. Soy Oil futures up 65 to 75 points....
From
Austin Schroeder
via
Barchart
Corn Higher at Midday
Corn futures are posting 1 to 3 cent gains across most contracts so far on Monday. The CmdtyView national average Cash Corn price is up 1 1/4 cent to $3.96 3/4. USDA reported a private export sale of 125,000 MT of corn to Colombia this morning. Monday morning’s Export Inspections...
From
Austin Schroeder
via
Barchart
Wheat Posting Midday Losses
The wheat complex is falling back on Monday. Chicago SRW futures are fown 3 to 4 cents so far on the day. KC HRW futures are 7 to 8 cents higher on Friday. MPLS spring wheat is trading with contracts 2 to 3 cents lower. Export Inspections data showed wheat...
From
Mike Schuler
via
gCaptain
Tidewater Makes $500M Bet on Brazil with Wilson Sons Fleet Acquisition
Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. (WSUT) and its affiliate Atlantic Offshore Services S.A. in a deal valued at approximately $500 million.
From
Mike Schuler
via
gCaptain
Twenty Years of Seafarer Protections: Maritime Labour Convention Marks Historic Milestone
The International Labour Organization (ILO), the International Chamber of Shipping (ICS), and the International Transport Workers’ Federation (ITF) marked the 20th anniversary of the Maritime Labour Convention (MLC) this week with a renewed push to strengthen...
From
Oliver Sloup
via
Barchart
Grains Slip Lower to Start the Week
Grain markets saw a wider ranging trade last week with big moves observed in soybeans and wheat. Is higher volatility going to be the new norm into the spring?
From
Bloomberg
via
gCaptain
Russian Oil Most Discounted Since 2023 on Western Sanctions
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
