.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
Soybeans Rallying Off Post-Election Lows
Soybeans are shrugging off the overnight double digit losses on Wednesday, ignoring potential Trade War fears from a Trump presidency. One election promise from the President-elect was tariffs, likely on China, though this comes after late January’s inauguration and is post the peak US soybean shipping season. CmdtyView’s national front...
From
Austin Schroeder
via
Barchart
Corn Rallying After Overnight Losses, as Robust Ethanol Output Continues
Despite the early overnight losses, corn futures are putting on a midday rally, with contracts up 5 to 7 cents. The US dollar index is up 1.696 to 105.020 following the outcome of the Presidential election that saw President Trump elected. The national average Cash Corn price from cmdtyView is...
From
Austin Schroeder
via
Barchart
Corn Pulling Back Following Overnight Dollar Rally
Corn futures are trading with 3 to 4 ¼ cent losses, as the dollar is up 1.821 to 105.145 following the outcome of the Presidential election that saw Trump elected. The market closed out the Tuesday session with contracts 1 to 2 cents higher, as export business continues to trickle...
From
Bloomberg
via
gCaptain
Ukraine Says Drone Strike Hits Port in First Caspian Sea Attack
(Bloomberg) — Ukraine said a drone strike hit a naval base in a port city on Russia’s Caspian Sea coast, in Kyiv’s first-ever attack on a target in the region...
From
Mike Schuler
via
gCaptain
NRF Warns Trump Tariffs Could Slash Consumer Spending Power by Billions
A newly released study by the National Retail Federation (NRF) paints a stark picture for American consumers: if President-elect Donald Trump’s proposed tariffs on imported goods take effect, consumers could...
From
Reuters
via
gCaptain
Trump Could Harden Iran Oil Stand But Raise China Ire
WASHINGTON, Nov 6 (Reuters) – Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but could also carry geopolitical risks including raising the ire...
From
Reuters
via
gCaptain
With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?
Nov 6 (Reuters) – Donald Trump‘s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in...
From
Mike Schuler
via
gCaptain
Red Sea Crisis Pushes Idle Containership Fleet to Record Low as Global Demand Soars
As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity, according to data from Alphaliner. With...
From
Mike Schuler
via
gCaptain
Trump’s Victory Sparks Fears of Freight Rate Surge and Trade War Escalation
Donald Trump’s victory in the US Presidential Election is sending ripples through the container shipping industry being viewed as a potential setback for international trade. Shares in notable names such...
From
Oliver Sloup
via
Barchart
Grains Retreat but are Defending Technical Support
Grain markets weaker in the early morning trade, testing important support levels. Will it hold through today’s trade and into Friday’s WASDE report?
From
Austin Schroeder
via
Barchart
Wheat Falling on Wednesday AM
Wheat is trading with losses on Wednesday morning as the US dollar index rallies. The wheat markets posted gains across the three exchanges to close out Tuesday. Chicago SRW futures were up 3 1/4 to 3 3/4 cents as the session settled on Election Day. KC HRW contracts were fractionally...
From
Austin Schroeder
via
Barchart
Corn Pulling Back Following Overnight Rally
Corn futures are trading with 3 to 4 ¼ cent losses, as the dollar is up 1.821 to 105.145 following the outcome of the Presidential election that saw Trump elected. The market closed out the Tuesday session with contracts 1 to 2 cents higher, as export business continues to trickle...