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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
Wow, What a Day! There Is More Action to Come. This Is What I Think
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Orders 24 Dual-Fuel Containerships for $4 Billion
German liner Hapag-Lloyd has inked contracts with two prominent Chinese shipyards for 24 new state-of-the-art containerships valued at around US $4 billion The ambitious order includes 12 vessels from Yangzijiang...
From
Austin Schroeder
via
Barchart
Corn Rallies to Close Wednesday, with Robust Ethanol Output
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 to 105.055 following the outcome of the Presidential election that saw President Trump elected again to the White House. The national average...
From
Austin Schroeder
via
Barchart
Wheat Rounds out Wednesday Mostly Weaker
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
Austin Schroeder
via
Barchart
Soybeans Rally From Post-Election Lows to Close Slightly Mixed
Soybeans 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 national front month Cash Bean price was up 2 ¾ cents at $9.47...
From
Mike Schuler
via
gCaptain
Mixed Bag for Shipping Stocks as Investors Weigh Trump Win
U.S.-listed shipping stocks were a mixed bag on Wednesday following President Donald Trump’s re-election as investors responded to anticipated policy changes that could reshape the landscape of energy, trade, and...
From
Mike Schuler
via
gCaptain
Panama Pulls Flag on Sanctioned LNG Carriers in Crackdown on Russia’s Shadow Fleet
In response to recent U.S. sanctions, the Panama Maritime Authority (PMA) has initiated the process to deregister four LNG carriers linked to Russian gas producer Novatek. This move targets the...
From
Chris Swift
via
Barchart
Shootin' the Bull about not much taking place
A few markets excelled in blowing out established trends. Bonds made new lows with the US dollar nearly a new contract high and equities a new historical high. Cattle seemed to want to trade higher, but market action doesn't bode well for cattlemen.
From
Mike Schuler
via
gCaptain
Hurricane Rafael Threatens Gulf’s Offshore Infrastructure—17% of Oil Production Already Shut In
As Cat 3 Hurricane Rafael barrels towards the Gulf of Mexico, the Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team to ensure the safety and...
From
Reuters
via
gCaptain
U.S. Suppliers, Importers Prepare for Promised Trump Tariffs
By Lisa Baertlein, David Kirton LOS ANGELES, Nov 6 (Reuters) – Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump’s promise to slap new and potentially hefty tariffs on...
From
Austin Schroeder
via
Barchart
Wheat Back to Marginally Mixed Trade on Wednesday
Wheat is trading with mixed action on Wednesday’s midday as the US dollar index rallying is putting some pressure on things. Chicago SRW futures are within a penny of unchanged at midday. KC HRW contracts are down 2 to 3 cents on Wednesday. MPLS spring wheat is down 3 to...