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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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
NTSB: Inexperienced Pilot’s Phone Use and Outdraft Current Led to $1.3M Ohio River Tow Accident
The National Transportation Safety Board (NTSB) has determined that an inexperienced pilot’s failure to compensate for outdraft current, combined with cell phone use, led to a costly towing vessel accident...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Can the Grains Continue to Advance from here - Should the Cattle Markets Expect a 10% Pullback?
From
Mike Schuler
via
gCaptain
EU Expands Maritime Reporting Requirements to Combat ‘Shadow Fleet’ Risks
The European Commission has strengthened its maritime safety regulations by implementing new mandatory insurance reporting requirements for all vessels in EU waters. Under the amended Vessel Monitoring Directive (2022/59/EC), ships...
From
Walsh Trading
via
Barchart
Chart of the Day - July Soybeans
Soybeans broke through long-term resistance today, can they maintain the rally?
From
Chris Swift
via
Barchart
Shootin' the Bull about significant divergence
In my opinion alone, and not to be confused with fact, is that the spread between the optimism of the producer, and the street signs of the economy, are believed as wide as I can ever recall.
From
Andrew Hecht
via
Barchart
Can Grain and Oilseed Prices Higher?
While corn, soybean, and wheat prices are higher than their most recent lows, they remain significantly lower than the 2022 high. As the agricultural commodities that feed and increasingly fuel the world are at the beginning of the 2025 crop year, the weather and other issues will determine the path of least resistance of prices.
From
Oliver Sloup
via
Barchart
Grain Markets Bounce Back While the Chop Persists in Livestock
Corn, beans, and wheat were able to see some strength into Thursday afternoon’s trade while livestock markets seemed to struggle to find conviction on direction.
From
Mike Schuler
via
gCaptain
FMC Awards Samsung $3.6M in Landmark Demurrage Case Against ZIM
The Federal Maritime Commission (FMC) has delivered a significant ruling in a contentious shipping dispute, awarding Samsung Electronics America (SEA) $3.68 million in reparations against ZIM Integrated Shipping Services Ltd....
From
Mike Schuler
via
gCaptain
Interior Department Looks to Boost Gulf Oil Production Through Commingling Policy Change
The Department of Interior has implemented a policy change that could significantly boost offshore oil production in the U.S. Gulf, through expanded Downhole Commingling parameters. The policy change from the...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher on Thursday Following Lackluster Export Business
Soybeans are posting midday strength on Thursday, with gains of 3 to 7 cents. Nearbys are leading the charge. CmdtyView’s national front month Cash Bean price i up 7 3/4 cents at $9.98 ¼. Soymeal futures are down $2.70/ton lower, as Soy Oil futures were up 116 points on the...
From
Austin Schroeder
via
Barchart
Wheat Facing Midday Weakness
The wheat market is holding weaker as futures trade through the Thursday session. Chicago SRW futures are 1 to 2 cents lower at midday. Kansas City HRW contracts are showing 1 to 2 cent weaker trade on Thursday. MPLS spring wheat is trading with 1 to 2 cent losses. Rains...
From
Austin Schroeder
via
Barchart
Corn Posting Midday Gains on Thursday
Corn futures are showing a round of strength on Thursday, with front months up 4 to 5 cents and new crop December steady. The nearby CmdtyView national average Cash Corn price is up 5 1/2 cents at $4.50 1/4. Outside support from a bounce higher in the crude oil market...