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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
Chris Swift
via
Barchart
Shootin' the Bull about the way I see it
This is the way I see it and not to be confused with fact. The US dollar was moving sharply higher and bonds sharply lower beginning in October of this year.
From
Mike Schuler
via
gCaptain
COP29 Spotlight: Höegh Autoliners and Fortescue Lead Call to Fast-Track Green Ammonia Fuel Adoption in Shipping
Norwegian shipping giant Höegh Autoliners and Australian green technology group Fortescue joined forces at COP29 in Baku, Azerbaijan, to urge global regulators to fast-track green ammonia as the marine fuel of choice to decarbonize the shipping industry.
From
Reuters
via
gCaptain
Canada Moves to End Port Strikes to Prevent Economic ‘Self-Harm’
Canada on Tuesday moved to end labor disputes at the country's two biggest ports of Vancouver and Montreal, citing the economic damage and the potential for driving away trading partners.
From
Austin Schroeder
via
Barchart
Wheat Falling at Tuesday’s Midday
The wheat complex is trading with Tuesday losses across the three markets. Chicago SRW futures are down 14 to 15 cents so far on Tuesday. KC HRW contracts are showing midday losses of 14 to 15 cents on the day. MPLS spring wheat is down 10 to 12 cents. Export...
From
Austin Schroeder
via
Barchart
Soybeans Posting Double Digit Midday Losses, with Pressure from Bean Oil
Soybeans are trading with Tuesday midday losses of 13 to 17 cents. CmdtyView’s national front month Cash Bean price is down 16 1/4 cents at $9.52 1/2. Soymeal futures are down $1.30/ton. Soy Oil futures are in freefall mode, with losses of 216 points. Malaysian palm oil futures were weaker...
From
Austin Schroeder
via
Barchart
Corn Slipping on Tuesday, Despite Export Business
Corn futures are holding up at midday, considering the grain counterparts, with contracts down 2 to 4 cents. An export sale may be helping the bulls out. The national average Cash Corn price from cmdtyView is down 2 cents at $4.02 1/4 per bu. USDA reported a private export sale...
From
Reuters
via
gCaptain
Russian Frigate With Hypersonic Missiles Conducts Drills in English Channel
A Russian Navy frigate equipped with new generation hypersonic cruise missiles has conducted drills in the English Channel and is carrying out tasks in the Atlantic Ocean, Russian news agencies reported on Tuesday.
From
Bloomberg
via
gCaptain
Britain Bets Big on Subsea Links to Fuel Europe’s Energy Future
Energy regulator Ofgem approved five new subsea power links from Great Britain to the continent and Ireland as the country seeks to profit from a boom in wind capacity and become a net electricity exporter by the end of the decade.
From
Jim Roemer
via
Barchart
Why a stronger dollar, Plains drought ending, and important moisture coming to Russia, broke wheat prices
Jim's Weatherwise Wisdom on Wheat
From
John Konrad
via
gCaptain
Waltz And Rubio Signal Trump’s Bid to Reassert U.S. Maritime Power
by Captain John Konrad (gCaptain) American shipyards, the Merchant Marine, ports, and waterways have undeniably suffered from decades of neglect. This context explains why some American shipping experts are celebrating...
From
Mike Schuler
via
gCaptain
Maersk Tankers’ Big Bet on Wind: Largest Suction Sail Rollout Set for 2025
Maersk Tankers is taking a pioneering step in maritime sustainability by deploying the eSAIL® suction sail technology on five MR vessels in 2025 and 2026. Designed by bound4blue, the automated...
From
Mike Schuler
via
gCaptain
China Dominates U.S. Import Surge as Ports Feel the Heat
In a clear indication of the U.S. economy’s ongoing strength, October’s container imports reached 2,494,635 twenty-foot equivalent units (TEUs), according to the latest Descartes Systems Group‘s Global Shipping Report. This...