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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
Austin Schroeder
via
Barchart
Wheat Mixed at Wednesday’s Close
Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...
From
Austin Schroeder
via
Barchart
Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced
Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was down 5 cents at $9.73. Soymeal futures were down $3.20 to $5.10/ton at the close, with Soy Oil futures up another 66 to 111...
From
Austin Schroeder
via
Barchart
Corn Fall on Wednesday as Liberation Day Tariffs Announced
Corn futures closed the midweek session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys. The CmdtyView national average Cash Corn price was down 3 3/4 cents on the day at $4.27 1/2. President Trump’s “Liberation Day” tariffs came with...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
New Seasonal/Contract Highs for the Fats - Now Can It Break. Soybean Oil Making New Contract Highs as Well.
From
Mike Schuler
via
gCaptain
Trump Drops Tariff Bomb On All U.S. Imports and Higher Reciprocal Rates
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, in a move that ratchets up a trade war that he kicked off on his return to the White House.
From
Sean Lusk
via
Barchart
Grain Spreads: Funds Potentially Record Short Meal
Over 100K Net Short Possible
From
Mike Schuler
via
gCaptain
IMO Prepares to Finalize Decarbonization Framework That Could Reshape Global Shipping
The International Maritime Organization (IMO) is preparing to finalize crucial greenhouse gas (GHG) reduction measures at its upcoming Marine Environment Protection Committee meeting (MEPC 83) in London. The high-stakes meeting,...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Stena Immaculate Crew Praised After Fiery Collision at Anchor
The crew of the U.S.-flagged tanker Stena Immaculate demonstrated exceptional professionalism when their vessel was struck by the containership Solong off Britain’s east coast on March 10, preventing what could...
From
Austin Schroeder
via
Barchart
Soybeans Still Weaker on Wednesday
Soybeans are trading with midday weakness on Wednesday, as contract are down 2 to 6 cents. CmdtyView’s national front month Cash Bean price is down 6 1/4 cents at $9.72 ¾. Soymeal futures are down$4.50/ton, with Soy Oil futures up another 79 points so far on the day. USDA reported...
From
Austin Schroeder
via
Barchart
Wheat Mixed at Midday
Wheat is trading with mixed action on Wednesday. Chicago SRW futures are posting midday losses of 1 to 2 cents. Kansas City HRW contracts are trading with 3 to 5 cent gains so far. MPLS spring wheat is 1 to 2 cents lower at midday. USDA’s Export Sales report is...
From
Austin Schroeder
via
Barchart
Corn Off Early Lows at Midday
Corn futures are weaker on Wednesday’s midday, with contracts down 1 to 4 ¼ cents lower. Futures are off the early lows. The CmdtyView national average Cash Corn price is down 4 1/4 cents on the day at $4.27. President Trump is set to roll out tariffs later this afternoon...
From
Mike Schuler
via
gCaptain
OFAC Targets Russia-Houthi Grain Smuggling Ship
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has designated multiple entities and individuals involved in a maritime smuggling operation that transported stolen Ukrainian grain and weapons from Russia...
From
Bloomberg
via
gCaptain
Maersk Family Bids $1.3 Billion to Reclaim Full Control of Svitzer
The Maersk billionaire family offered to buy Svitzer Group A/S in a deal valuing the tug operator at about 9 billion kroner ($1.3 billion), just one year after it had listed on the stock market.
From
Reuters
via
gCaptain
Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s FSA Says
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.
From
Mike Schuler
via
gCaptain
Shippers Caught in the Crossfire of Trump’s ‘Liberation Day’ Tariff Blitz
Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though experts predict limited immediate impact on near-term liner freight rates....
From
Reuters
via
gCaptain
Trump to Impose Sweeping ‘Liberation Day’ Tariffs, Escalating Global Trade Tensions
WASHINGTON/DUBLIN, April 2 (Reuters) – President Donald Trump proclaimed “Liberation Day” in the United States on Wednesday as he prepared to impose sweeping new tariffs that would escalate a trade war with global partners, increase prices...
From
Mike Schuler
via
gCaptain
APM Terminals Acquires Panama Canal’s ‘Land Bridge’ Railway
APM Terminals, the terminal operating division of AP Moller-Maersk, has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City Limited and the Lanco Group/Mi-Jack, significantly expanding its...
From
Bloomberg
via
gCaptain
China Ship Sales Collapse as Industry Sweats Over US Ports Plan
Shipping companies have all-but stopped buying dry bulk commodity carriers that were built in China as the industry waits to see if President Trump will press ahead with historic port charges on vessels constructed in the Asian country.
From
Austin Schroeder
via
Barchart
Wheat Slipping Back Lower on Wednesday Morning
The wheat complex is showing mostly lower trade on Wednesday morning across the three exchanges. Wheat held gains into Tuesday’s close, as contracts were following up the Monday strength on the acreage cut. Chicago SRW futures were 3 to 4 cents higher on the day. Kansas City HRW contracts were...