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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
IMO’s Historic Carbon Pricing Framework for Global Shipping Enters Final Negotiation Phase
The International Maritime Organization (IMO) is on the cusp of implementing the world’s first global emissions pricing system for any sector, as negotiations enter their final stage at the Marine...
From
Reuters
via
gCaptain
China Hits Back at US Tariffs With Rare Earth Export Controls
China placed export restrictions on key rare earth elements on Friday as part of its sweeping response to President Donald Trump's tariffs, potentially squeezing supply to the U.S. and the West of minerals vital to everything from defense to electric cars.
From
Darin Newsom
via
Barchart
Is the US Soybean Market Great Again?
Regardless of how one views the US soybean market, there are a number of fundamental factors that shed light on the situation.
From
Bloomberg
via
gCaptain
Russian Oil Stuck On India-Banned Ship Finds New Tanker
A cargo of Russian crude that was on a ship rejected by Indian port authorities is now being transferred to another tanker, ship-tracking data show, a sign of how traders are finding ways to skirt regulatory hurdles to keep sensitive freight moving.
From
Austin Schroeder
via
Barchart
Soybeans Collapsing on Tariff Response
Soybeans are posting another round of sharp losses on Friday morning, with contracts down 22 to 25 cents following an overnight Chinese response. They closed the Thursday session with losses of 18 to 20 cents after a gap lower at the open. Preliminary open interest data suggested net new selling,...
From
Austin Schroeder
via
Barchart
Corn Leaking Lower on Risk Off Ahead of Weekend
Corn futures are trading with early 5 to 7 cent losses on Friday morning in sympathy with the bean market and a risk off approach heading into the weekend. Bulls pushed back on Thursday, coming off overnight lows and closing with front months fractionally mixed and new crop December down...
From
Austin Schroeder
via
Barchart
Wheat Weaker to Start Friday
The wheat complex is showing early losses across the front months on Friday. Futures closed mixed across the three exchanges on Thursday. Chicago SRW futures were down 2 to 4 cents to close out the day. Kansas City HRW contracts were fractionally to 2 cents in the green on the...
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From
Mike Schuler
via
gCaptain
Loss of New Zealand Navy Ship Linked to Training Deficiencies, Autopilot Confusion
The Royal New Zealand Navy released its final Court of Inquiry report today detailing the circumstances that led to the loss of HMNZS Manawanui, which ran aground and subsequently sank...
From
Austin Schroeder
via
Barchart
Soybeans Close with Losses on Tariff Risks
Soybeans closed the Thursday session with losses of 18 to 20 cents after a gap lower at the open. CmdtyView’s national front month Cash Bean price is down 17 3/4 cents at $9.54 1/4. Soymeal futures were up 40 cents $2.40/ton, with Soy Oil futures back down 109 to 144...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Thursday
Wheat futures took back most of the overnight weakness, with contracts closing mixed across the three exchanges. Chicago SRW futures were down 2 to 4 cents to close out the day. Kansas City HRW contracts were fractionally to 2 cents in the green on the day. MPLS spring wheat posted...
From
Austin Schroeder
via
Barchart
Corn Closes With Mixed Action on Thursdays
Corn bulls pushed back on Thursday, coming off overnight lows and closing with front months fractionally mixed and new crop December down 1 ¼ cents. are well off their overnight lows. The CmdtyView national average Cash Corn price was down 1/4 cent on the day at $4.27 1/4. Wednesday’s “Liberation...
From
Ira Breskin
via
gCaptain
‘Worse Than Covid’: Trump’s Port Fee Plan Could Upend U.S. Shipping Schedules
Shipping industry executives are considering options to address Trump administration policy changes, under consideration or enacted, that could significantly disrupt operations, speakers said here this week at the 40th annual Connecticut Maritime Association annual meeting.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Crash
Tariff news pressures markets as recession fears build
From
Mike Schuler
via
gCaptain
Seaspan Cuts Steel on Advanced Polar Icebreaker for Canadian Coast Guard
Seaspan Shipyards began construction today on what will become the most capable vessel in the Canadian Coast Guard’s fleet – a new heavy polar icebreaker, marking the country’s first such...
From
Chris Swift
via
Barchart
Shootin' the Bull about a great deal of volatility
A great deal of reality versus expectations will be played out over the next couple of weeks.
From
Oliver Sloup
via
Barchart
Grain Markets Mixed Despite Outside Market Volatility
Grain markets opened lower but found their footing to finish the session off the lows, with corn and wheat spending some time in positive territory.
From
Mike Schuler
via
gCaptain
Trump’s ‘Liberation Day’ Tariffs Spark Global Shipping Industry Concerns
President Trump’s newly announced tariff increases are expected to significantly impact global shipping patterns and container rates, with industry leaders warning of far-reaching consequences for maritime trade. The tariffs, announced...
From
Reuters
via
gCaptain
Global Trade Braces for Impact After Trump’s Tariff Bombshell
President Donald Trump's sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
From
Austin Schroeder
via
Barchart
Wheat Seeing Green at Thursday’s Midday
The wheat market has taken back all the overnight losses across the three exchanges. Chicago SRW futures are back up 1 to 2 cents so far on the day. Kansas City HRW contracts are 2 to 3 cents in the green at midday. MPLS spring wheat is trading with 1...