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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
Darin Newsom
via
Barchart
What Was the US Grain S&D Situation at the End of October?
USDA will come out with its version of supply and demand numbers at noon (ET) Friday. However, we already know what the S&D situations were at the end of October by looking at national cash indexes.
From
Austin Schroeder
via
Barchart
Corn Bulls Extend Gains on Thursday
Corn futures got some late session strength on Thursday to close with gains of ½ to 2 cents across the board. The national average Cash Corn price from cmdtyView was up 1 3/4 cents at $4.01 1/2 per bu. USDA reported a private export sale of 120,000 MT of corn...
From
Austin Schroeder
via
Barchart
Soybeans Late Session Pop Pushes Rally
Soybean bulls found some more spark after midday to extend the strength into the close. Contracts rallied 16 to 22 ¾ cents on the day. CmdtyView’s national front month Cash Bean price was up 23 1/2 cents at $9.71. Soymeal futures shrugged off weakness settle with gains of 10 cents...
From
Austin Schroeder
via
Barchart
Wheat Weakness Prevails on Thursday
The wheat market fell lower across the three exchanges to close out the Thursday session. Chicago SRW futures were down 1 1/2 to 2 1/2 cents on the day. KC HRW contracts were 4 to 5 cents lower on Thursday. MPLS spring wheat was steady to 4 cents lower on...
From
Chris Swift
via
Barchart
Shootin' the Bull about playing cards when they know what your hand is.
Although the open interest increases have subsided a little, the interest in the market is increasing significantly. With recognition of the situation the new long futures positions are in for live cattle, it's almost like knowing what their hand is.
From
Mike Schuler
via
gCaptain
Cyprus Giants Unite: InterMaritime Shipmanagement Launches with Over 170 Vessels
Cyprus-based Intership Navigation and Interorient Shipmanagement have announced a monumental merger of their ship management activities, including Intership’s sister company Donnelly Tanker Management. Cyprus is a major hub for shipowning,...
From
Reuters
via
gCaptain
Trump’s Tariff Plan: What It Could Mean for U.S. Farmers and China
By Mei Mei Chu BEIJING, Nov 7 (Reuters) – Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump’s first presidential term, could be hit again...
From
Oliver Sloup
via
Barchart
Grain Markets Firm and Livestock Futures Stall
Grain markets have staged an impressive rally from the Tuesday night lows. Can the rally continue beyond tomorrow’s WASDE report? Livestock markets have been choppy, where’s the opportunity there?
From
Mike Schuler
via
gCaptain
Hurricane Rafael: 22% of U.S. Gulf of Mexico Oil Production Shut-In
As Hurricane Rafael sweeps through the Gulf of Mexico, the Bureau of Safety and Environmental Enforcement (BSEE) is closely monitoring the impact on offshore oil and gas operations. According to...
From
Mike Schuler
via
gCaptain
ExxonMobil Guyana Acquires FPSO Prosperity
ExxonMobil Guyana has completed the purchase of the Floating Production, Storage, and Offloading (FPSO) Prosperity from SBM Offshore. The strategic acquisition, finalized ahead of schedule, marks a pivotal moment in Guyana’s...
From
Mike Schuler
via
gCaptain
Could Trump’s Comeback Reshape the Future of Russia’s Flagship Arctic LNG 2 Project?
As U.S.-Russia Relations Hang in the Balance, Could Trump Shift the Course of Arctic LNG 2? The geopolitical landscape surrounding Russia’s flagship Arctic LNG 2 project could face significant shifts...
From
Austin Schroeder
via
Barchart
Soybeans Rallying at Thursday’s Midday
Soybeans are sparking a rally on Thursday, with contracts up 7 to 10 cents at midday. CmdtyView’s national front month Cash Bean price is up 10 1/2 cents at $9.58. Soymeal futures are back down $2.80/ton on the session. Soy Oil futures are up 179 points on the day. Thursday...