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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
US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific
The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator Schuyler Line Navigation Company (SLNC)....
From
Reuters
via
gCaptain
South Korea Tests Arctic Shipping Route to Europe
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.
From
Bloomberg
via
gCaptain
Three Chinese Tankers U-Turn in Hormuz as Risks Remain High
Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
From
Reuters
via
gCaptain
Russia and Ukraine’s Black Sea Grain Exports Grind to a Virtual Halt
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
From
Mike Schuler
via
gCaptain
Port of Corpus Christi Joins U.S. Push for Nuclear-Powered Shipping
The Port of Corpus Christi has joined the Trump administration’s push to bring nuclear technology into the U.S. maritime sector, signing an agreement with the U.S. Maritime Administration to explore...
From
Capital Link
via
gCaptain
Navigator Gas Sees U.S. Gas Export Boom Driving Handysize Demand
Navigator Gas posted the strongest quarterly results in its 25-year history as booming U.S. gas exports and longer trade routes helped lift vessel earnings and terminal volumes to record levels.
From
The Loadstar
via
gCaptain
Hapag-Lloyd’s Zim Takeover Hits Regulatory Headwinds
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback against more consolidation within liner shipping.
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For detailed updates and additional resources, explore our resources section.
From
Trent Klarenbach
via
Barchart
Commodity Futures: Mastering Calendar Spread Trading
Introducing The Spread Trader, a new series for The Klarenbach Grain Report. Brent Futz breaks down grain calendar spreads and commodity futures strategies.
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...