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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
Darren Carlat
via
Barchart
Soybean Oil calendar spread and a Robusta Coffee calendar spread
Soybean Oil has a maximum score of 10, indicating that CTAs are fully invested and have little trading capital to add to existing longs. In addition, the RSI score is 63 and amongst the strongest in the ag complex. Scores approaching 70 have a high likelihood of reversal.
From
Brady Sidwell
via
Barchart
Easter rains are a welcome blessing
USDA Cattle-on-Feed released Thursday
From
Mike Schuler
via
gCaptain
USTR Proposes 100% Tariffs on Chinese Ship-to-Shore Cranes and Cargo Handling Equipment
Alongside sweeping action on port fees for Chinese-built and operated ships, the United States Trade Representative has announced potential significant measures targeting China’s dominance in maritime infrastructure, proposing tariffs of...
From
Mike Schuler
via
gCaptain
Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area
The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a significant shift in U.S. offshore energy...
From
Bloomberg
via
gCaptain
Trump Moves to Levy Chinese Vessels in Widening Trade War
The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.
From
Reuters
via
gCaptain
U.S. Launches Deadliest Strike on Yemen’s Ras Isa Fuel Terminal
ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the deadliest attack since the U.S. started its...
From
Mike Schuler
via
gCaptain
USTR’s New Maritime Fee Regime Sparks Industry Pushback
Liner shipping association the World Shipping Council (WSC) has raised significant concerns about the newly announced U.S. Trade Representative port fee regime, warning of potential adverse effects on American trade...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Rallying on Large Cut to US Stocks
Corn futures are continuing rally on Thursday, as contracts are getting some support from a reduction to the US carryout number. Futures are up 2 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 3/4 cent at $4.51 1/4. Export Sales data...
From
Bloomberg
via
gCaptain
Trump Tariffs on China Now at Least 145% as Trade War Ramps Up
President Donald Trump’s tariffs on Chinese imports are now at least 145%, far above the level many economists said could decimate US-China trade.
From
Oliver Sloup
via
Barchart
Grains Firm Ahead if WASDE Report
Grain markets firmed yesterday afternoon and saw follow-through momentum overnight as traders await new news from the USDA.
From
Mike Schuler
via
gCaptain
Cargo Transfer Complete as Stena Immaculate Prepares for Port Entry Following Fiery North Sea Collision
The cargo transfer from the damaged tanker Stena Immaculate to the oil products tanker Fure Vyl has been successfully completed, with preparations underway for the vessel to be towed into...
From
Reuters
via
gCaptain
USTR Considers Adjusting Port Fee Plan for Chinese Ships After Pushback
President Donald Trump's administration is considering softening its proposed fee on China-linked ships visiting U.S. ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.
From
Reuters
via
gCaptain
Trump’s Escalating Tariffs Threaten to Reverse US Import Boom
U.S. container imports rose 11% year over year in March, continuing this year's outsized monthly gains, but U.S. President Donald Trump's escalating tariffs are dimming the outlook for later this year, trade executives said.
From
Mike Schuler
via
gCaptain
U.S. and Panama Agree to Counter Chinese Influence in Panama Canal, Prioritize Passage of U.S. Government Ships
U.S. Defense Secretary Pete Hegseth announced an expanded partnership with Panama aimed at securing the Panama Canal against what he termed “China’s maligned influence” in the region. During a joint...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Seizes $510M in Drugs During Massive Eastern Pacific Operation
The U.S. Coast Guard Cutter James has offloaded more than 44,550 pounds of cocaine and 3,880 pounds of marijuana at Port Everglades, with the seized drugs valued at approximately $509.9...
From
Malte Humpert
via
gCaptain
First Arctic LNG Carrier Part of Russian ‘Shadow Fleet’ Heads to Chinese Shipyard For Possible Maintenance
After more than nine months at sea sanctioned LNG carrier East Energy (formerly Asya Energy) has pulled into a Zhoushan-based shipyard, likely to undergo maintenance or repairs. It is the first ‘shadow fleet’ LNG carrier of Arctic LNG 2 project visiting a Chinese yard.
From
Austin Schroeder
via
Barchart
Soybeans Rally Extending Ahead of USDA Data Release
Soybeans are trading with Thursday morning gains of 7 to 9 cents so far. The soybean market got a late session rally on Wednesday to close the day with 19 to 21 point gains. Preliminary open interest was down 16,498 contracts. CmdtyView’s national front month Cash Bean price was up...