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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
Falling Container Imports Hint at Tariff-Driven Slowdown for U.S. Economy
The ten largest US ports recorded a 7.9% year-over-year drop in inbound container volume in June, marking the second consecutive month of declines following May’s 6.6% decrease, according to the...
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...
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From
Chris Swift
via
Barchart
Shootin' the Bull about, if $300.00 were a fart, you'd be close enough to smell it.
Cattle feeders came to within 4 tics of having to pay $300.00 for the right to own feeder cattle in August.
From
Mike Schuler
via
gCaptain
New York Leads Legal Challenge to Trump Offshore Wind Energy Halt
New York Attorney General Letitia James is leading a coalition of 18 states in legal action against the Trump administration’s sweeping halt on wind energy development. The lawsuit, filed in...
From
Mike Schuler
via
gCaptain
Trump Halts U.S. Bombing of Houthis, Citing Ceasefire Pledge That the Houthis Deny
President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group agreed to stop disrupting maritime traffic in vital...
From
Austin Schroeder
via
Barchart
Corn Slipping into Midday Trade
The corn market is failing to hold the early bounce back strength so far at Tuesday’s midday, with fractional to 2 cent losses. The nearby CmdtyView national average Cash Corn price is down ¾ cent at $4.23 3/4. Crop Progress data from Monday afternoon showed the US corn crop at...
From
Austin Schroeder
via
Barchart
Soybeans Facing Tuesday Midday Losses
Soybeans are trading with contracts 4 to 7 cents in the red at Tuesday’s midday. CmdtyView’s national front month Cash Bean price is down 7 cents at $9.86. Soymeal futures are down $1.70/ton, with Soy Oil futures down another 31 points. Soybean planting was pegged at 30% complete as of...
From
Austin Schroeder
via
Barchart
Wheat Sneaking Higher on Tuesday
The wheat complex is trying to push higher so far on Tuesday’s midday. Chicago SRW futures are trading with 4 to 6 cent gains on Tuesday. Kansas City HRW futures are trading with contracts up 2 to 3 cents across most contracts, as May is in deliveries and thin. Minneapolis...
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
5 | Five weeks History says we have about five weeks remaining before new crop corn futures fall off a cliff: 4 | A dramatic rise Brazil’s Safrinha production is the primary driver behind the country’s dramatic rise as a major world corn exporter. In the last two decades, Brazil’s...
From
Mike Schuler
via
gCaptain
Xeneta: SHIPS for America Act Adds New Layer of Complexity to US Maritime Trade
The recently reintroduced SHIPS for America Act is creating additional challenges for ocean container shippers in 2025, adding a new layer of complexity to an already intricate US maritime regulatory...
From
Trent Klarenbach
via
Barchart
Wheat is Not Dead....Yet
Analysis of the weekly Wheat chart displaying several trendlines and how the 525 level continues to be tested.
From
Bloomberg
via
gCaptain
US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.
From
Mike Schuler
via
gCaptain
Bollinger and Edison Chouest Form Strategic Alliance to Fast-Track U.S. Arctic Icebreaker Production
Bollinger Shipyards and Edison Chouest Offshore (ECO) announced today the formation of the United Shipbuilding Alliance (USA), a strategic partnership aimed at expediting the construction of next-generation icebreakers for Arctic...
From
Austin Schroeder
via
Barchart
Soybeans Holding Tuesday AM Losses as Fast Plant Pace Continues
Soybeans are leaking lower early on Tuesday morning as USDA reports a speedy planting pace. Contracts are down 2 to 5 cents, after falling lower on Monday, with contracts down 8 to 13 cents across most months at the close. Preliminary open interest was down 1,015 contracts on Monday. There...