.svg){kind=icon}
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
Austin Schroeder
via
Barchart
Corn Back to Unchanged at Midday
The corn market opened the day session with weakness, but bulls are battling back at midday with contracts steady to fractionally mixed. The national average Cash Corn price from cmdtyView is down 1/4 cent at $3.99 1/2 per bu. USDA reported a private export sale of 120,000 MT of corn...
From
Austin Schroeder
via
Barchart
Wheat Weakening on Thursday
The wheat market is trading lower across the three markets at Thursday’s midday. The rallying US dollar index put some pressure on the market. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW contracts are 6 to 7 cents lower on Thursday. MPLS spring wheat...
From
Mike Schuler
via
gCaptain
Cadeler to Install 64 Giant Turbines for UK Offshore Wind Project
Cadeler A/S has announced a major contract win for the East Anglia TWO Offshore Wind Farm project. The Danish company will provide transportation and installation services for both wind turbine...
From
Bloomberg
via
gCaptain
Biden Climate Study Could Sabotage Trump’s Fast-Tracking of LNG Exports
By Ari Natter and Ruth Liao (Bloomberg) — The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas...
From
Oliver Sloup
via
Barchart
Soybean Futures Defend Support and Rally. How High Can They Go?
Grain futures were weaker in Wednesday morning but found support and rallied through the session. That strength has led to buying in the overnight and early morning trade with prices inching closer to resistance.
Watch us on RFD-TV, today at 12:45pm CT!
From
Austin Schroeder
via
Barchart
Corn Sneaking Higher on Thursday after Wednesday Rally
Corn futures are showing fractional gains so far on Thursday morning. Despite the early session losses in the corn market, futures ended the day with contracts up 2 to 7 ¾ cents. The US dollar index was up 1.731 on Wednesday to 105.055 following the outcome of the Presidential election...
From
Austin Schroeder
via
Barchart
Soybeans Rallying on Thursday Morning
Soybeans are rallying 5 to 9 cents across the nearbys on Thursday morning. They faded off the overnight double digit losses to close Wednesday with contracts down 4 cents to up 2 cents. Futures were ignoring potential Trade War fears from a Trump presidency to close out the day. CmdtyView’s...
From
Austin Schroeder
via
Barchart
Mixed Wheat Action Continuing Early on Thursday Morning
Wheat closed out the Wednesday session with most contracts lower, as the CBT market was firmer. The rallying US dollar index put some pressure on the market. Chicago SRW futures were within a ¾ cent of unchanged on the day. KC HRW contracts were down 2 1/2 to 3 3/4...
From
Reuters
via
gCaptain
India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
From
Reuters
via
gCaptain
Philippines Confident Trump Will Restore South China Sea Security
By Karen Lema MANILA (Reuters) – The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under President...
From
Malte Humpert
via
gCaptain
Further Challenges Ahead for Russia’s LNG ‘Shadow Fleet’ as Panama Cancels Vessel Registrations
By Malte Humpert (gCaptain) – Russia’s nascent LNG shadow fleet continues to encounter choppy waters. Following the de-flagging of several vessels by the island nation of Palau earlier this fall,...
From
Darren Carlat
via
Barchart
Corn reached its highest carry yield for the past 52 weeks. Arabica Coffee remains very near its highest level
Arabica Coffee broke through the bottom of the upward channel in mid-October, challenged the resistance and has drifted since. Given the high carry yield, lowest prices seem the most likely.