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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
Mike Schuler
via
gCaptain
CMA CGM Becomes Majority Owner of South America’s Largest Container Terminal Operator
French shipping and logistics giant CMA CGM Group has completed its acquisition of a controlling 51% stake in Santos Brasil Participações S/A, marking a significant expansion of its terminal operations...
From
Mike Schuler
via
gCaptain
Höegh Autoliners Reports Strong Q1 Despite Global Challenges
Höegh Autoliners ASA reported strong financial results for the first quarter of 2025, with substantial revenue gains and strategic expansions amid increasing global uncertainty. The Norwegian roll-on/roll-off vessel operator posted...
From
Oliver Sloup
via
Barchart
Soybean Futures are Trading Above Their Breakout Zone
Soybean futures are out above significant resistance in the early morning trade, will the strength last into the weekend or will the rally fizzle out?
From
Austin Schroeder
via
Barchart
Wheat Getting Some Buying Early on Friday
Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures were 1 to 2 cents higher at the close at midday. Kansas City HRW contracts saw stead to fractionally...
From
Austin Schroeder
via
Barchart
Corn Mixed to Start Friday Trade
Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent weakness. Preliminary open interest was down 26,893 contracts on Thursday, as 35,687 contracts were out...
From
Austin Schroeder
via
Barchart
Soybeans Back to Mixed Action Following Overnight Trade
The soybean market is trading mixed action to start Friday, with nearbys slight lower and new crop ticking higher. Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. Preliminary open interest showed a rotation of ownership, down just 65 contracts. CmdtyView’s national front month...
From
Malte Humpert
via
gCaptain
Europe Buys 80 Percent of US LNG in April, Replacing Russian Supplies Down One-Third
Deliveries of U.S. liquefied natural gas to the European Union were up nearly 20 percent year-over-year during the month of April, new data reveal. For the period of April 1st...
From
Reuters
via
gCaptain
Apple Aims to Source All US iPhones From India in Pivot Away From China, FT Reports
Apple AAPL.O plans to shift the assembly of all iPhones sold in the U.S. to India as early as next year, pivoting away from China to avoid steep tariffs, the Financial Times reported, citing people familiar with the matter.
From
Darin Newsom
via
Barchart
Is HRW Wheat a Buy?
Can we believe what we see on the July HRW daily chart from Thursday's close? Or will the market's fundamentals keep buyers away for now?
From
Austin Schroeder
via
Barchart
Soybeans Rally into Thursday’s Close, with Bean Oil Support
Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20 to $2.10/ton, as Soy Oil futures were up 103 to 174 points on the session....
From
Austin Schroeder
via
Barchart
Corn Posts Thursday Pop Higher
Corn futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent weakness. The nearby CmdtyView national average Cash Corn price was up 5 1/2 cents at $4.50 1/2. The CBOT is raising daily price limits for corn futures by a nickel to 35 cents,...
From
Darin Newsom
via
Barchart
Grain Rally Mystery: Why Are Soybeans, Corn, and Wheat Bucking the Trend?
In an interview on AgWeb's Markets Now, Darin Newsom of Barchart discussed the surprising grain market rally led by soybeans despite negative China trade news, a potential corrective bounce in corn with weak basis, and a likely bear trap in wheat, while also touching on the bullish cattle market's connection to equities and a potential shift out of stocks into safer assets.