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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
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Monday
The wheat complex posted mixed action on Monday, with KC the weakest. Chicago SRW futures were mostly fractionally to 2 ¾ cents higher. KC HRW futures were down 6 to 7 cents reverting from some recent strength. MPLS spring wheat was 2 to 4 cents higher on Monday. The Kansas...
From
Austin Schroeder
via
Barchart
Soybeans Pull Back to Steady into Monday’s Close
Soybeans saw weakness late on Monday as front months came back to close with fractionally mixed action. The cmdtyView national average Cash Bean price was up 3/4 cent at $10.87 3/4. Soymeal futures were down 40 cents to up 70 cents, with Soy Oil futures 52 to 106 points higher....
From
Austin Schroeder
via
Barchart
Corn Faces Pressure on Monday
Corn futures saw some pressure on Monday ahead of the end of March USDA reports on Tuesday, with contract closing down 3 ½ to 6 ¼ cents. The CmdtyView national average Cash Corn price was down 6 cents to $4.13 1/2. USDA reported a private export sale of 145,000 MT...
From
Ben DiCostanzo
via
Barchart
Hog Rally Stalls and Pulls Back
Hogs test resistance and pulls back to close below it
From
Chris Swift
via
Barchart
Shootin' the Bull about higher prices
After the run up on the opening, there wasn't much left to the market.
From
Jim Wyckoff
via
Barchart
Mark Your Calendars: Grain Traders Brace for Major USDA Data Points Tuesday
USDA grain market report days don’t come any bigger than Tuesday’s planting intentions and quarterly grain stocks reports.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Davie Acquires Finnish Steel Firm to Boost Icebreaker Production
Canada-based shipbuilder Davie has announced today an agreement to acquire Enersense Offshore Oy, a specialized steel and fabrication operation based in Pori, Finland. The acquisition will make Davie’s Helsinki Shipyard...
From
Mike Schuler
via
gCaptain
Cartel Crew Sentenced to Prison Over Ireland’s Largest-Ever Drug Bust
Eight crew members from the bulk carrier Matthew have received prison sentences ranging from 13.5 to 20 years for their roles in Ireland’s largest cocaine seizure – a 2.2-tonne haul...
From
Reuters
via
gCaptain
Eternity C Sinks in Red Sea; Major Search and Rescue Underway
A mission was under way on Wednesday to rescue crew from the Eternity C cargo ship which sank in the Red Sea following an attack that killed at least four crew members.
From
Mike Schuler
via
gCaptain
China Approves Merger of CSSC and CSIC to Create World’s Largest Shipbuilder
The Shanghai Stock Exchange has reportedly approved the merger of China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), setting the stage for the creation of the world’s...
From
Mike Schuler
via
gCaptain
IMO Chief Calls for Urgent Diplomatic Action as Deadly Red Sea Attacks Resume After Months of Calm
IMO Secretary-General Arsenio Dominguez has issued an urgent appeal for intensified diplomatic efforts following renewed attacks on merchant vessels in the Red Sea that have now claimed at least three...
From
Mike Schuler
via
gCaptain
Houthi Video Shows Sinking of M/V Magic Seas in Red Sea
Yemen’s Houthi militants have released propaganda footage appearing to show the Greek bulk carrier M/V Magic Seas sinking in the Red Sea following their attack on July 6. The vessel...
From
Bloomberg
via
gCaptain
India Seeks $1.1 Billion Reparation After MSC Fuel Spill in May
The southern Indian state of Kerala has sued MSC Mediterranean Shipping Co. for the environmental damages caused by a ship capsizing off its coast, according to a court document.
From
Reuters
via
gCaptain
Germany Accuses China of Laser Targeting Aircraft in EU’s Red Sea Mission
Germany summoned the Chinese ambassador to the foreign ministry on Tuesday after saying China's military had laser targeted a German aircraft taking part in an EU operation in the Red Sea.
From
Reuters
via
gCaptain
Three Crew Killed in Attack on M/V Eternity C as Houthis Renew Red Sea Assaults
Two crew members of the Liberian-flagged, Greek-operated bulk carrier Eternity C were killed in a drone and speedboat attack off Yemen on Monday evening, Liberia's shipping delegation told a meeting of the International Maritime Organization on Tuesday.
From
Mike Schuler
via
gCaptain
HD Hyundai Joins Forces with Cochin Shipyard to Power India’s Maritime Sector Expansion
HD Korea Shipbuilding & Offshore Engineering has signed a comprehensive Memorandum of Understanding with Cochin Shipyard Limited (CSL), India’s largest state-owned shipbuilder, marking HD Hyundai’s full-scale entry into the rapidly...
From
Mike Schuler
via
gCaptain
Historic SL-7 Containerships Could Find New Purpose as Maritime Exposition Centers
The Society of Marine Port Engineers (SMPE) has provided seed funding to the SL7EXPO project, a non-profit initiative aimed at preserving one of the groundbreaking SL-7 Sea-Land Container ships as...
From
Mike Schuler
via
gCaptain
MOL and Kinetics Partner to Launch Revolutionary Floating Data Center by 2027
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a Memorandum of Understanding with Kinetics, a Karpowership initiative, to develop a next-generation Floating Data Center platform that aims to transform digital infrastructure...