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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
New Zealand Says Chinese Navy Held 2nd Live-Fire Drills In International Waters
Feb 22 (Reuters) – New Zealand said the Chinese navy conducted a live-fire exercise in international waters near the Pacific nation on Saturday, a day after it held a similar drill between Australia and...
From
Bloomberg
via
gCaptain
Trump Proposes New Ship Fees To Challenge China’s Maritime Might
By Jenny Leonard and Jennifer A. Dlouhy Feb 21, 2025 (Bloomberg) –The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s...
From
Ben DiCostanzo
via
Barchart
Hogs Breakdown While Cattle Markets Consolidate
Hog weakness persists, cattle markets drift in front of Cattle on Feed
From
Jim Roemer
via
Barchart
(DOWNLOAD a FREE ISSUE of WEATHERWEALTH): Factors affecting coffee and grain market volatility
Jim’s video covers the latest in coffee, corn, soybeans and more
From
Austin Schroeder
via
Barchart
Soybeans Give into Weakness on Friday
Soybeans headed in the weekend with pressure on Friday, down 1 to 6 cents across the front months out to November. March was still up 3 ½ cents this week. The cmdtyView national front month Cash Bean price was 4 ½ cents lower at $9.81 3/4. Soymeal futures closed down...
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From
Austin Schroeder
via
Barchart
Corn Corrects Lower into the Weekend
The corn market was faced with pressure on Friday, as contracts wee down 4 to 8 cents across most months. March ended the week with a 5 cent loss. March options expired today, with traders going for a pin at the 490 strike. CmdtyView’s national average Cash Corn price was...
From
Austin Schroeder
via
Barchart
Wheat Closes the Week with Mixed Action
The wheat market closed Friday mixed across the three exchanges, as the winter wheats were the strongest. Chicago SRW futures were up 3 to 5 cents to close the day, as March was still down a dime on the week. KC HRW futures were 1 to 2 cents higher as...
From
Oliver Sloup
via
Barchart
This Week at the Chicago Board of Trade: Your Update on the Commodity Markets!
Oliver & Dan discuss this week’s trades, news and views live from the Chicago Board of Trade. Stretching from currencies to livestock, the Blue Line team dives into whatever they find interesting in the world of futures and commodities.
From
Mike Schuler
via
gCaptain
Port of Auckland CEO Fined in Landmark Maritime Safety Case
Former Port of Auckland CEO Tony Gibson has been fined $190,000 NZ for his role in a fatal 2020 incident at a container terminal—a landmark case that sets a precedent...
From
Chris Swift
via
Barchart
Slaughter cuts not helping
Packers made their move to improve profit margins by cutting the slaughter pace in hopes of sustaining current box beef prices. So far, it hasn't helped.
From
The Loadstar
via
gCaptain
Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back on Friday
Soybeans are fading into the weekend, with contracts down 3 to 8 cents so far at midday, led by the nearbys. The cmdtyView national front month Cash Bean price is 7 ½ cents lower at $9.78 3/4. Soymeal futures are down $1.20/ton on the day, with Soy Oil futures back...
From
Austin Schroeder
via
Barchart
Corn Falling on Friday
Corn futures are posting midday losses on Friday, down 3 to 7 cents across most contracts as traders take some money off the table ahead of the weekend. March options expire today. The CmdtyView national average Cash Corn price is down 5 ¾ cents at $4.60 1/2. Export Sales data...
From
Austin Schroeder
via
Barchart
Wheat Popping Higher at Midday
The wheat market is trading firmer on Friday, with contracts in the green across the three exchanges. Chicago SRW futures are up 3 to 4 cents so far on the day. KC HRW futures are back up 3 to 4 cents as well on the session. MPLS spring wheat is...
From
Reuters
via
gCaptain
A Timeline of Suspected Underwater Sabotage Incidents in the Baltic Sea
The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022, and the NATO military alliance has boosted its presence with frigates, aircraft and naval drones.
From
Reuters
via
gCaptain
Trump Seeks to Reshape Asia’s Energy Supplies With U.S. Gas
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.