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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
Reuters
via
gCaptain
U.S. Lifts Decade-Old Security Restrictions on Ships Arriving From Nigeria
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.
From
Reuters
via
gCaptain
Opinion: Oil Market Starts Pricing in a Prolonged Hormuz Crisis
The oil market is increasingly behaving as though disruptions to Middle East energy supplies are not a temporary shock but a new reality.
From
Reuters
via
gCaptain
Trump Says No Talks are Taking Place With Iran and None are Scheduled
President Donald Trump said on Tuesday that talks between the U.S. and Iran were neither taking place nor scheduled but the Strait of Hormuz was open, while Iran said the shipping route would remain closed until the U.S. fulfilled the terms of an interim deal
From
Bloomberg
via
gCaptain
Saudis Offer to Sell Oil Near Oman, a Possible Sign They’re Sailing Dark Through Hormuz
Saudi Arabia is offering to sell oil from off the coast of Oman, a sign that the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
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.
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For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Slipping Back Early on Wednesday
Corn prices are down fractionally to a penny so far on Wednesday AM trade. Futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. Open interest was down 10,034 contracts. There were 36 deliveries against May futures...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher Ahead of Trump/Xi Visit
Soybeans are trading with 1 to 2 cent gains on Wednesday morning. Futures were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. Open interest rose 8,392 contracts on Tuesday. The cmdtyView national average Cash Bean price was up 14 1/2 cents...
From
Austin Schroeder
via
Barchart
Wheat Trading Mixed on Wednesday Morning
Wheat is trading mixed on Wednesday morning, with Chicago on a weaker note, The wheat complex was in rally mode on Tuesday, hitting the limit in a few contracts. Chicago SRW was up as little as 13 ½ cents in the deferreds to the 45 cent limit in July. Open...
From
Malte Humpert
via
gCaptain
Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze
Europe’s rush to quit Russian pipeline gas has created a new energy vulnerability: growing dependence on U.S. liquefied natural gas, as war-linked supply disruptions in the Middle East push the continent deeper into reliance on seaborne fuel.
From
Reuters
via
gCaptain
Chinese Supertanker Attempts Hormuz Passage, Data Show
A Chinese supertanker carrying two million barrels of Iraqi crude was attempting to sail through the Strait of Hormuz on Wednesday, according to LSEG and Kpler ship-tracking data.
From
Walsh Trading
via
Barchart
U.S. and global wheat production projections down for 2026/2027
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The forecast for 2026/27 United States winter wheat is down 25 percent from last year to 1,048 million bushels, primarily on sharply reduced Hard Red Winter production, according to today's World...
From
Reuters
via
gCaptain
Iraq and Pakistan Strike Iran Transit Deals to Move Oil and LNG Through Hormuz
Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz.
From
Austin Schroeder
via
Barchart
Wheat Rallies the Limit on Tuesday as USDA Releases Production Updates
The wheat complex was in rally mode on Tuesday, hitting the limit in a few contracts. Chicago SRW was up as little as 13 ½ cents in the deferreds to the 45 cent limit in July. KC HRW futures rallied from 27 ¼ cents higher to the limit in the...
From
Austin Schroeder
via
Barchart
Soybeans Closes with Tuesday Gains USDA Tightens Stocks
Soybeans were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. The cmdtyView national average Cash Bean price was up 14 1/2 cents at $11.61 3/4. Soymeal futures were up $1.20 to $5.10, with Soy Oil futures 85 to 162 points higher....
From
Austin Schroeder
via
Barchart
Corn Posts Gains on Tuesday
Corn futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. The CmdtyView national average Cash Corn price was up 5 cents to $4.39. The May WASDE report from this morning saw a 15 mbu increase to...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
WASDE Report Sends the Grains Higher - Nervous Livestock Markets Dive Lower
