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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
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.
From
Mike Schuler
via
gCaptain
Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
From
Reuters
via
gCaptain
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
From
Mike Schuler
via
gCaptain
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
From
Mike Schuler
via
gCaptain
Fire Breaks Out on USS New Orleans Off Okinawa
A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
From
Mike Schuler
via
gCaptain
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
From
Bloomberg
via
gCaptain
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.
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From
Austin Schroeder
via
Barchart
Soybeans Posting Midday Gains
The soybean market showing 1 to 5 cents gains so far on Monday, fading off early weakness. CmdtyView’s national front month Cash Bean price is up 4 cents at $10.07. Soymeal futures are slipping back another $2/ton, with Soy Oil futures back up 76 points so far. USDA’s Export Inspections...
From
Austin Schroeder
via
Barchart
Wheat Pressure Holding at Midday
The wheat complex is trading with losses across the three markets on Monday. Chicago SRW futures are down 13 to 15 cents at midday. Kansas City HRW contracts are 9 to 11 cents lower on Monday. MPLS spring wheat is 7 to 8 cents in the red at midday. Export...
From
Austin Schroeder
via
Barchart
Corn Bounce off Early Session Lows
The corn market has pulled off the early Monday weakness, with midday losses limited to fractionally to 2 cents in the nearbys. December is down 4 ¼ cents. The nearby CmdtyView national average Cash Corn price was down 1 1/4 cents at $4.51 1/2. Weekly Export Inspections data tallied corn...
From
Jim Wyckoff
via
Barchart
The ‘Voice from the Tomb’ Says to Sell Corn and Wheat in May. 1 Other Trading Legend to Follow Now.
Here’s what history tells us about current price action in corn, wheat, and oats.
From
Reuters
via
gCaptain
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap
Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.
From
Bloomberg
via
gCaptain
Trump China Tariffs Set to Unleash Supply Shock on U.S. Economy
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home.
From
Mike Schuler
via
gCaptain
US Treasury Targets Three Tankers for Delivering Oil Products to Houthi-Controlled Ports
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering petroleum products to Houthi-controlled ports after the...
From
Oliver Sloup
via
Barchart
Corn Futures Test a Cluster of Major Moving Averages. Will it Hold?
Grain futures were under pressure overnight, with corn retreating back to a cluster of major moving averages. Will technical support hold or giveaway?
From
Darin Newsom
via
Barchart
Long-Term Investment Opportunities in Corn
With the end of another month in sight, how are the long-term investment positions in Corn doing?
From
Oliver Sloup
via
Barchart
Grain Futures Lower to Start the Week
Corn, soybean, and wheat futures are lower to start a new week of trade. More pressure to come or a buying opportunity?
From
Jim Wyckoff
via
Barchart
How to Trade Wheat Futures Now: Consider Buying a Call Option on July SRW
Wheat futures markets are likely close to price bottoms.
