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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
Reuters
via
gCaptain
South Korea Rules Out Tariff Deal With US Before June 3 Snap Election
A senior South Korean government official ruled out on Monday that Seoul would agree to a trade package with Washington by the time the country holds a presidential election on June 3, and flagged challenges to reaching a deal even before early July.
From
Bloomberg
via
gCaptain
Chinese Firms Turn to Indian Exporters to Help Fill US Orders
Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers as they navigate a trade war causing seismic shocks in global commerce.
From
Austin Schroeder
via
Barchart
Wheat Falling Early on Monday
Wheat is trading with double-digit losses on Monday morning. The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red last week. Kansas City HRW...
From
Austin Schroeder
via
Barchart
Corn Falling to Start Monday
The corn market is falling lower on Monday morning, down 6 to 7 cents. Corn futures closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. Preliminary open interest was down 44,704...
From
Austin Schroeder
via
Barchart
Soybeans Heading Lower on Monday Morning
The soybean market is trading with 6 to 8 cent losses early on Monday. They slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. Preliminary open interest was down 13,773 contracts on Friday, with...
From
Reuters
via
gCaptain
Mike Lynch’s Sunken Yacht To Be Pulled From Sicilian Waters In May
By Wladimir Pantaleone ROME, April 22 (Reuters) – The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next...
From
Bloomberg
via
gCaptain
China Claims Sovereignty Over Disputed Reef In South China Sea
By Amber Tong Apr 27, 2025 (Bloomberg) –China has claimed sovereignty over an uninhabited reef in the South China Sea, according to state media, setting the stage for an escalation of...
From
Bloomberg
via
gCaptain
Iran Still Battling Port Fire As Death Toll, Casualties Rise
By Arsalan Shahla Apr 27, 2025 (Bloomberg) –Iranian authorities on Sunday were still working to control fire and smoke unleashed by yesterday’s explosion at a key commercial port in the country’s...
From
Reuters
via
gCaptain
CMA CGM To Acquire Turkish Borusan’s Logistics Subsidiary In $440 Mln Deal
April 27 (Reuters) – French shipping giant CMA CGM’s subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan’s BRYAT.IS logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to...
From
Trent Klarenbach
via
Barchart
Does Corn Need More Time Before Moving Higher?
Corn appears to need more time before moving higher.
From
Reuters
via
gCaptain
China Says CK Hutchison’s Ports Deal Must Not Avoid Antitrust Review
BEIJING, April 27 (Reuters) – China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s 0001.HK planned sale of most of its ports operations to a BlackRock-led consortium and parties...
From
Reuters
via
gCaptain
Putin Orders Russian Emergency Planes To Iran After Blast At Port
MOSCOW, April 27 (Reuters) – President Vladimir Putin has ordered several planes to be sent to Iran to help deal with the aftermath of a blast at Iran’s port of Bandar Abbas, Russia’s emergency...