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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
Seafarer Killed in Latest Strait of Hormuz Attack on Commercial Shipping
Two bulk carriers have been struck by projectiles in separate attacks while transiting the Strait of Hormuz, resulting in two crew casualties, including one seafarer killed aboard the Liberia-flagged Minoan Dignity....
From
Reuters
via
gCaptain
Saudi Arabia Resumes Oil Loadings, Sales From Inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources.
From
Bloomberg
via
gCaptain
Oil Supertanker Earnings on Mideast Route Near $510,000 a Day
Earnings for a supertanker procuring crude oil from within the Persian Gulf to Asia are nearing a two-month high, as exporters hunt for more vessels to deliver the fuel via the Strait of Hormuz even as the security situation remains uncertain.
From
Mike Schuler
via
gCaptain
Canada’s Most Powerful Icebreaker Reaches North Pole
Canada’s largest and most powerful icebreaker has reached the North Pole as part of a multi-year effort to map the country’s continental shelf and reinforce its presence in the Arctic....
From
Mike Schuler
via
gCaptain
Army Corps Greenlights Major New Container Terminal on Mississippi River
The U.S. Army Corps of Engineers has granted the federal permit needed to build the Louisiana International Terminal, clearing a major regulatory hurdle for the planned deepwater container terminal on...
From
Mike Schuler
via
gCaptain
Antin Acquires Vigor Marine Group as U.S. Shipyard Investment Grows
Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship repair and marine services groups...
From
Bloomberg
via
gCaptain
Trump Rejects Iran Truce Extension as Oil Tops $90
The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon.
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From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Friday AM Trade
Wheat is trading with losses across the three exchanges early on Friday. The wheat complex was under pressure with the rest of the grains on Thursday, as the Trump/Xi meeting yielded very few headlines for any potential ag purchases. Chicago SRW futures were down 11 3/4 to 18 cents in...
From
Darin Newsom
via
Barchart
What Made Friday's Headlines Expected?
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
From
Reuters
via
gCaptain
China Wants Strait of Hormuz Open Free of Curbs, USTR Greer Tells Bloomberg News
China wants to see the Strait of Hormuz reopen without curbs or tolls, U.S. Trade Representative Jamieson Greer told Bloomberg News in a live interview on Friday, adding that the U.S. was confident Beijing would act to limit material support for Iran.
From
Austin Schroeder
via
Barchart
Soybeans Collapse Following Little News Out of Trump/Xi Meeting
Soybeans posted 20 to 40 ¾ cent losses across most contracts on Thursday. The cmdtyView national average Cash Bean price was down 36 cents at $11.28. Soymeal futures were back down $3.90 to $6, with Soy Oil futures falling 44 to 83 points. May futures expired today. A meeting between...
From
Austin Schroeder
via
Barchart
Corn Falls Back on Thursday
Corn futures were down 9 to 15 cents in the front months on Thursday, falling with the rest of the grain complex as very few details were announced out of the Trump/Xi meeting. May futures expired today. The CmdtyView national average Cash Corn price was down 13 cents to $4.27....
From
Austin Schroeder
via
Barchart
Wheat Longs Retreat on Thursday
The wheat complex was under pressure with the rest of the grains on Thursday, as the Trump/Xi meeting yielded very few headlines for any potential ag purchases. Chicago SRW futures were down 11 3/4 to 18 cents in the front months. KC HRW futures were leading the charge, with 11...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Selling in the Grains Could Be the New Theme - Cattle Markets Take a Breath as 265 Traded in the Cash Market Yesterday
From
Walsh Trading
via
Barchart
DEC-MAR SOYBEAN OIL SPREAD (ZLZ26-ZLH27) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Bloomberg
via
gCaptain
Trump Says China Offered to Help on Iran
US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the Strait of Hormuz, after a commercial vessel was apparently seized near the United Arab Emirates.
From
Mike Schuler
via
gCaptain
Details of Trump’s Nuclear Battleship Emerge in New Navy Shipbuilding Blueprint
The U.S. Navy’s Fiscal Year 2027 Shipbuilding Plan is offering the clearest picture yet of the Trump administration’s new battleship program, revealing a nuclear-powered surface combatant designed around hypersonic weapons,...
From
Chris Swift
via
Barchart
Shootin' the Bull about a Two-Headed top
I anticipate feeder cattle to trade down to the lows made in mid-March per respective contract month.
From
Mike Schuler
via
gCaptain
U.S. Admiral Says Operation EPIC FURY Rolled Back ‘40 Years’ of Iranian Military Investment
Admiral Brad Cooper of U.S. Central Command on Thursday delivered the most sweeping public assessment yet of the damage inflicted on Iran during Operation EPIC FURY, telling lawmakers the 38-day...