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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
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
WASDE Report Numbers and the Cattle Market Black Hole
From
Ben DiCostanzo
via
Barchart
Hogs and Cattle End Week on a Sour Note
Cattle and hogs struggle to end the week lower
From
Austin Schroeder
via
Barchart
Wheat Close Mixed Following Neutral USDA Data
The wheat market was mixed across the three exchanges on Friday with the soft wheat contracts holding up and the hard wheats the weakspot. Chicago SRW futures were mixed, with contracts anywhere form a penny higher to 1 ½ cents lower, as December was up 4 ½ cents on the...
From
Austin Schroeder
via
Barchart
Soybeans Pull Back from Highs, Close with Gains on Bullish USDA Data
Soybeans faded the initial gains post USDA report release this morning, but bulls managed to close the day with contracts up 1 ¼ to 6 cents across most contracts on Friday. January closed out the week with a 36 ½ cent gain since last Friday. CmdtyView’s national front month Cash...
From
Austin Schroeder
via
Barchart
Corn Holds onto Gains as USDA Trims Yield
A yield cut from the USDA earlier on Friday helped futures to close the day with fractional to 3 ¾ cent gains. December managed a 16 ½ cent jump this week. The national average Cash Corn price from cmdtyView was up 4 cents at $4.04 1/2 per bu. USDA reported...
From
Oliver Sloup
via
Barchart
Grains Rally on a Bullish WASDE Report
Grain markets finished the week on a high note following what was a friendly report from the USDA. Can the rally continue next week?
From
Chris Swift
via
Barchart
Shootin' the Bull about resolve
In my opinion, a great deal of resolve has been seen this week. A new Presidential administration, the Fed lowered rates, and cattle/beef seemingly made highs for which few were willing to pay.
From
Mike Schuler
via
gCaptain
CMA CGM’s Stellar Q3: Revenue Soars Amid Red Sea Rerouting and Market Resurgence
French shipping giant CMA CGM has posted impressive third-quarter results for 2024, reporting $15.8 billion in revenue—a notable 38.5% increase from Q3 2023—driven by strong demand in shipping combined with...
From
Austin Schroeder
via
Barchart
Corn Holding onto Gains After Yield Cut
Following a bull friendly USDA report, midday price action has corn falling off is highs. Contracts are just fractionally higher as we trade through Friday. The national average Cash Corn price from cmdtyView is up 3/4 cent at $4.01 1/4 per bu. USDA reported private export sales of 200,480 MT...
From
Austin Schroeder
via
Barchart
Wheat Leaking Lower Following Uneventful USDA Reports
The wheat market is falling lower across the three exchanges on Friday after a dull USDA report. Chicago SRW futures are down 4 to 7 cents on the day. KC HRW contracts are 8 to 9 cents lower at midday. MPLS spring wheat is 6 to 8 cents in the...
From
Austin Schroeder
via
Barchart
Soybeans Back to Flirting with Losses After USDA Slashes Yield
Soybeans are fading off the post report highs by more than a dime after a yield cut saw double digit gains. Contracts are back down 3 to 4 cents at midday. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.67 1/4. Soymeal futures are down...