.svg){kind=icon}
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
Cargo Ship Destroyed in New Attack Off Yemen
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an increasingly volatile southern Red Sea. UK...
From
Mike Schuler
via
gCaptain
Port of Los Angeles Nears 1 Million TEUs in Second-Busiest July
The Port of Los Angeles handled nearly 1 million containers in July, extending a run of historically strong cargo volumes even as an early peak shipping season begins to wind...
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....
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Jim Wyckoff
via
Barchart
Soybean Meal Prices Are Starting to Catch Up Amid Inflation Fears, Food Shortages. How to Trade Them Here.
July soybean meal futures present a buying opportunity on more price strength.
From
Austin Schroeder
via
Barchart
Wheat Trading with Monday Morning Gains
Wheat is higher across the board early on Monday. The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures were up 5 3/4 to 7 3/4 cents higher to round out the week, with July down 18 ¾ cents from last Friday. Open interest...
From
Austin Schroeder
via
Barchart
Corn Poppin Higher Early on Monday
Corn price action is up 3 to 4 ¾ cents in the front months. Futures closed the Friday session with contracts up 3 to 4 ½ cents across the board, as July was down 9 cents on the week, with December losing 5 ½ cents. Preliminary open interest was up...
From
Austin Schroeder
via
Barchart
Soybeans Rallying Early on Monday Morning
Soybeans are showing 8 to 15 cent gains across the front months on Monday. Futures were back to higher trade on Friday, with contracts 10 to 17 ¼ cents in the green at the close. July was 4 ¾ cents higher on the week, with November up 6 ¾ cents....
From
Bloomberg
via
gCaptain
US, Iran Far Apart in Talks to End War and Reopen Hormuz
The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, with President Donald Trump calling the Islamic Republic’s reply to his proposed peace plan unworkable.
From
Reuters
via
gCaptain
Second Qatari LNG tanker Heads Through Hormuz to Pakistan as Iran War Continues, Data Shows
A second Qatari liquefied natural gas tanker is transiting the Strait of Hormuz days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.
From
Malte Humpert
via
gCaptain
Russia-linked LNG Carrier ‘Merkuriy’ Loads at Arctic Hub, Expanding Shadow Fleet Capacity
The LNG carrier Merkuriy, recently reflagged to Russia alongside three other tankers, has been observed loading liquefied natural gas at the Saam floating storage unit (FSU), satellite imagery and automatic identification system (AIS) data show. The vessels are serving the sanctioned Arctic LNG 2 project.
From
Reuters
via
gCaptain
Trump Says Iran’s Response to U.S. Peace Proposal is Unacceptable
By Nayera Abdallah (Reuters) – President Donald Trump on Sunday rejected Iran’s response to a U.S. proposal for peace talks to end the war, as two ships were allowed to pass through the blockaded Strait...
From
Nick Ehrenberg
via
Barchart
Soybeans and Soybean Oil Analysis
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Bloomberg
via
gCaptain
First Qatar LNG Shipment Moves Through Hormuz Since War Started
By Stephen Stapczynski and Weilun Soon (Bloomberg) A tanker carrying liquefied natural gas from Qatar appears to have transited the Strait of Hormuz, marking the country’s first export out of the...
From
Reuters
via
gCaptain
UK Deploys Warship To Middle East For Potential Hormuz Mission
LONDON, May 9 (Reuters) – Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of...
From
Reuters
via
gCaptain
Qatari LNG Tanker Sailing Towards Hormuz Strait
May 9 (Reuters) – Qatari LNG tanker Al Kharaitiyat was sailing towards the Strait of Hormuz on Saturday after departing Qatar’s Ras Laffan en route to Port Qasim in Pakistan, according to LSEG shipping data. A...