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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
Mike Schuler
via
gCaptain
Iran and Oman Unveil Framework for Future Management of Strait of Hormuz
Iran and Oman have unveiled a framework for restoring safe navigation through the Strait of Hormuz, including a temporary shipping corridor, joint mine-clearing operations and further talks over the future...
From
Mike Schuler
via
gCaptain
IMO Sounds Alarm as Somali Pirates Hold More Than 90 Seafarers
The International Maritime Organization is calling for urgent action against a resurgence of piracy in the Gulf of Aden, where six merchant ships and more than 90 seafarers are now...
From
Mike Schuler
via
gCaptain
Trump Says U.S. Navy Has Cleared All Mines From Strait of Hormuz
President Donald Trump declared Tuesday that the U.S. Navy has cleared all mines from international waters in the Strait of Hormuz, even as the multinational maritime security center overseeing threats...
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Jim Roemer
via
Barchart
The Western Pacific Warm Pool: Why La Niña has been delayed and its effect on agricultural commodities
Jim's video explains how the markets of five specific agricultural commodity futures contracts might be impacted by this phenomenon
From
Austin Schroeder
via
Barchart
Wheat Starts November with Weakness
The wheat complex posted losses across the three exchanges on Friday. Chicago SRW futures saw fractional to 2 ½ cent losses on the day, as December closed out the week down a penny. KC HRW contracts were 1 to 2 ¾ cents lower across the board, with December slipping 5...
From
Austin Schroeder
via
Barchart
Corn Bulls Helped Out By Export Sales to Kick Off November
Corn futures closed out the Friday session with most contracts steady to 3 ¾ cents higher. That was led by December, which cut down the weekly loss to just ¾ cent. The national average Cash Corn price from cmdtyView was up 6 1/2 cents at $3.85 3/4 per bu. The...
From
Austin Schroeder
via
Barchart
Soybeans Fail to Hold Gains Following Export Business amid Meal Pressure
Soybeans settled the Friday session with contracts steady to 1 ½ cents in the red, despite early strength and export business. January managed a 3 ¾ cent loss on the week. CmdtyView’s national front month Cash Bean price was up 3 1/4 cents at $9.34. Soymeal futures were down $3.50...
From
Oliver Sloup
via
Barchart
Grain and Livestock Mixed in the First Trading Day of the Month
Grain markets were mostly mixed on Friday and livestock futures saw a choppy trade. Here’s how the first trading day of November shook out for the Ag markets.
From
Sean Lusk
via
Barchart
Grain Spreads: May Day Options, Corn & Bean Option 2025 Hedges
Old Crop Puts vs New Crop Put Spreads Discussed
From
Bloomberg
via
gCaptain
Port Showdown in BC: Dockworker Strike Threatens Canada’s West Coast Trade
By Thomas Seal (Bloomberg) — Dock foremen and women in British Columbia issued a strike notice for Monday, Nov. 4., setting up disruption at Canada’s biggest and third-biggest ports. The International...
From
Chris Swift
via
Barchart
Shootin' the Bull about lots of volatility
In my opinion, significant trading volume erupted into massive volatility in multiple markets on Friday.
From
Mike Schuler
via
gCaptain
Operation North Pacific Guard: Multi-Nation Coalition Battles IUU Fishing in Global Hotspot
The U.S. Coast Guard, along with Canadian forces and international partners, has successfully wrapped up Operation North Pacific Guard 2024, an extensive patrol aimed at countering Illegal, Unreported, and Unregulated...
From
Austin Schroeder
via
Barchart
Soybeans Falling on Friday After Early Morning Strength, Meal Pressure
Soybeans are falling at midday with contracts down 3 to 5 cents on Friday after seeing some gains early on. The average close for November soybean futures during October was $10.03, indicating the fall insurance price. That is $1.52 below the February base insurance price. CmdtyView’s national front month Cash...