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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
Matson Suspends Electric Vehicle Shipments Over Battery Fire Concerns
Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has announced the immediate suspension of transporting electric and plug-in hybrid vehicles aboard its vessels, citing growing safety concerns...
From
Mike Schuler
via
gCaptain
India Cracks Down on Fraudulent Seafarer Certificates Amid Global Safety Concerns
The Directorate General of Shipping (DGS) of India has issued a stringent circular addressing the growing problem of fraudulent seafarer certificates, which threatens maritime safety standards worldwide. The directive, released...
From
Mike Schuler
via
gCaptain
U.K. Sanctions 135 Tankers in Sweeping Crackdown on Russia’s Shadow Fleet
The United Kingdom has imposed sanctions on 137 targets linked to Russia’s energy sector, including 135 oil tankers operating as part of Putin’s shadow fleet, in one of its most...
From
Reuters
via
gCaptain
Israeli Military Strike’s Houthi Targets in Yemen’s Hodeidah Port
The Israeli military attacked Houthi targets in Yemen's Hodeidah port on Monday in its latest assault on the Iran-backed militants, who have been striking ships bound for Israel and launching missiles against it.
From
Bloomberg
via
gCaptain
Europe’s Sanctions on Russian Diesel Won’t Hit Until January
The European Union said a new set of measures aimed at restricting the flow of fuel made from Russian crude won’t take effect until January, easing some concerns that they would tighten a diesel market in the region that’s already soaring.
From
Mike Schuler
via
gCaptain
Trump Administration Announces $8.75 Million in Small Shipyard Grants, Continuing Funding Decline
The U.S. Maritime Administration (MARAD) has awarded $8.75 million in grants to support 17 small shipyards across 12 states, Transportation Secretary Sean P. Duffy announced today. The funding, part of...
From
Mike Schuler
via
gCaptain
Japanese Shipping Giants to Donate Large Training Ship to Japan’s Maritime Education Agency
Major Japanese shipping companies have initiated discussions to donate a large-sized training vessel to the Japan Agency of Maritime Education and Training for Seafarers (JMETS), addressing critical challenges in maritime...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
Orsted Cancels Major UK Wind Project as Economics Worsen
COPENHAGEN, May 7 (Reuters) – Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global business environment for renewables and dealing a blow...
From
Austin Schroeder
via
Barchart
Wheat Falling at Midday
Wheat futures are facing midday weakness on Wednesday. Chicago SRW futures are down fractionally in the nearbys. There were 209 deliveries against May CBT wheat overnight, with 196 coming from a Marex customer. Kansas City HRW futures are down 7 to 8 cents are midday. Minneapolis spring wheat futures are...
From
Austin Schroeder
via
Barchart
Corn Fading Back Lower on Wednesday
Corn futures are fading off the early Wednesday strength, with contracts down 3 to 4 cents in the nearbys and new crop December up a penny. There were 13 new delivery notices against May corn futures overnight. The nearby CmdtyView national average Cash Corn price is down 3 1/2 cents...
From
Austin Schroeder
via
Barchart
Soybeans Struggling to Maintain Wednesday Gains
The soybean market is showing firm to 4 cent higher trade so far on Wednesday’s midday. Cash Bean price is steady $9.89 3/4. Soymeal futures were steady to down $2.60/ton, with Soy Oil futures down another 3 to 39 points. There were 2 deliveries for May soybeans overnight, with none...
From
Mike Schuler
via
gCaptain
Trump Withdraws Sadler Nomination, Taps Industry Veteran Stephen Carmel to Lead MARAD
President Donald Trump has withdrawn the nomination of retired U.S. Navy Captain Brent Sadler and nominated Stephen Carmel of Virginia to be the next Administrator of the U.S. Maritime Administration....
From
Reuters
via
gCaptain
US-Houthi Ceasefire Deal Does Not Include Israel
A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt.
From
Mike Schuler
via
gCaptain
Houthi-Held Ras Isa Port Becomes New Flashpoint in Red Sea Shipping Crisis
Seafarers at Yemen’s Ras Isa Port face escalating safety concerns amid reports of vessels being forcibly detained and armed confrontations, according to maritime authorities. “I am deeply concerned by the...
From
Oliver Sloup
via
Barchart
Grain markets firm in the overnight and early morning trade. Will it last through today's session?
Grain markets were under pressure to start the week but were able to hold technical support levels yesterday and are firm this morning on the back of positive trade headlines. Where are the upside targets if the momentum holds?
From
Austin Schroeder
via
Barchart
Wheat Slightly Higher to Start Wednesday Trade
Wheat is extending the Tuesday bounce into Wednesday morning, with gains across the three markets. The wheat complex held onto gains the closing bell on Tuesday. Chicago SRW futures posted 4 to 5 cent gains across the nearbys at the close. Tuesday’s preliminary interest rose 3,894 contracts. There were 209...
From
Austin Schroeder
via
Barchart
Soybeans Popping as US/China Agree to Sit for Trade Talks
The soybean market s taking back some recent weakness on Wednesday morning, with contracts up 11 to 13 cents. Soybeans saw some slight losses on Tuesday, with contracts down 3 to 4 cents in the front months. Preliminary open interest was up 9,128 contracts on Tuesday. CmdtyView’s national front month...
From
Austin Schroeder
via
Barchart
Corn Bulls Taking Some Back Early on Wednesday
Corn futures are trading with contracts 4 to 7 cents in the green so far to start the midweek session. The corn market closed Tuesday mixed, with nearby contracts 1 to 2 cents higher and new crop down 1 to 2 cents. Preliminary open interest showed a rotation of ownership,...
From
Bloomberg
via
gCaptain
World’s Trade Superhighway Feels Strain From US-China Decoupling
Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump’s trade war upends the industry and forces the two largest economies apart.