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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
Oliver Sloup
via
Barchart
Grain Markets Mixed Overnight
Grain markets were uniformly weaker to start the week but are mixed this morning with corn higher, beans, lower, and wheat near unchanged. What’s in store for today’s trade?
From
Malte Humpert
via
gCaptain
Final Chinese Module Arrives at Russian Arctic LNG 2 Plant, As U.S. Snoozes on Sanctions Action
By Malte Humpert (gCaptain) – China has successfully completed a two-month-long shipping operation to deliver a 650 MW power plant to the Russian Arctic. The final heavy lift vessel, Hunter...
From
Austin Schroeder
via
Barchart
Soybeans Head Lower into Monday’s Close
Soybeans are trading with Tuesday AM losses of 3 to 5 cents. They fell back on Monday with contracts down 7 1/4 to 8 1/4 cents across the board, as soon to expire (Thursday) November was down 5 cents on light OI. CmdtyView’s national front month Cash Bean price was...
From
Austin Schroeder
via
Barchart
Wheat Showing Mixed Feelings to Start Tuesday Trade
Wheat is mixed on Tuesday morning across the three exchanges, with SRW and HRS the strongest. The wheat complex posted losses on Monday, as contracts did pull off the lows into the close. Chicago SRW futures were down 3 ¼ to 7 cents in the nearbys on Monday. KC HRW...
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing for Turnaround Tuesday
Corn futures are showing 1 to 3 cent gains so far on Tuesday morning. Following the strength from last week, the corn market felt pressure from outside and a weaker wheat market on Monday, as contracts were 1 to 3 ½ cents lower. Preliminary open interest was up 33,838 contracts...
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
1 | Trade war, schmade war Here is the real issue: 2 | Missing the forest for the trees Now, I am not saying another trade war won’t have implications, but let’s not miss the forest for the trees. China’s import growth has slowed all while Brazil’s production continues to...
From
Reuters
via
gCaptain
Philippines Says China is Pushing it to Cede Claims in South China Sea
By Peter Hobson and Lewis Jackson CANBERRA, Nov 12 (Reuters) – China is stepping up pressure on the Philippines to concede its sovereign rights in the South China Sea, Manila’s...
From
Bloomberg
via
gCaptain
Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta
By Sherry Su and Julian Lee Nov 11, 2024 (Bloomberg) – A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north...
From
Austin Schroeder
via
Barchart
Soybeans Head Lower into Monday’s Close
Soybeans fell back on Monday with contracts down 7 1/4 to 8 1/4 cents across the board, as soon to expire (Thursday) November was down 5 cents on light OI. CmdtyView’s national front month Cash Bean price was down 7 3/4 cents at $9.68 3/4. Soymeal futures failed to capitalize...