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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
Bloomberg
via
gCaptain
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage
(Bloomberg) — Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with...
From
Mike Schuler
via
gCaptain
Major European Ports Face Headwinds in Q1 as Global Trade Tensions Rise
The Port of Rotterdam and Port of Antwerp-Bruges reported declining cargo volumes in the first quarter of 2025, as both major European maritime hubs navigate challenging global trade conditions and...
From
Mike Schuler
via
gCaptain
ABS CEO Wiernicki to Retire After 14-Year Tenure
Christopher J. Wiernicki, ABS Chairman and CEO of the American Bureau of Shipping (ABS), has announced his retirement effective end of 2025, following a 14-year leadership tenure that saw significant...
From
Oliver Sloup
via
Barchart
Are Soybeans on the Verge of a Breakout?
Are Soybeans on the Verge of a Breakout?
From
Reuters
via
gCaptain
Philippines, US Begin Joint Maritime Drills After Chinese Carrier Group Spotted
The Philippine Navy said a Chinese aircraft carrier battle group had passed near its northern maritime boundaries in the run-up to a six-day maritime exercise with the U.S. that began on Thursday as part of their annual Balikatan military drills.
From
Austin Schroeder
via
Barchart
Wheat Mixed on Thursday Morning
Wheat posted Wednesday losses across the three markets. Chicago SRW futures were down 6 to 8 cents at the final bell. Preliminary open interest was down 4,330 contracts. Kansas City HRW contracts were 8 to 9 cents lower at the close. MPLS spring wheat closed the Wednesday session with contracts...
From
Austin Schroeder
via
Barchart
Soybeans Extending Gains Early on Thursday
Soybeans are trading with Thursday morning gains of 2 to 4 ½ cents. The soybean market held onto gains on Wednesday, with contracts closing 1 to 6 cents higher. Preliminary open interest was up 3,204 contracts. CmdtyView’s national front month Cash Bean price was up 5 1/4 cents at $9.90...
From
Austin Schroeder
via
Barchart
Corn Bouncing Back on Thursday Morning
Corn futures are trading with contracts are up 1 ½ to 2 ½ cents so far on Thursday morning. The corn market fell lower on Wednesday, with losses of 3 to 4 cents across the front months. The nearby CmdtyView national average Cash Corn price is down 2 ¾ cents...
From
Bloomberg
via
gCaptain
Chinese Exporters Retreat From US as Tariffs Erode Profitability
For an increasing number of Chinese exporters, many of whom battled through the trade war in President Donald Trump’s first term and who have invested years to capture the spending power of American shoppers, it may be closing time in the US.
From
Mike Schuler
via
gCaptain
UK Government Commits £300 Million to Boost Offshore Wind Supply Chain
The UK government has announced a significant investment of £300 million through Great British Energy to strengthen the nation’s offshore wind manufacturing capabilities and supply chains. The investment will focus...
From
Austin Schroeder
via
Barchart
Soybeans Hold Gains on Wednesday
The soybean market held onto gains on Wednesday, with contracts closing 1 to 6 cents higher. CmdtyView’s national front month Cash Bean price was up 5 1/4 cents at $9.90 1/2. Soymeal futures were mixed, with front months 20 cents to $1.10/ton lower, as Soy Oil futures were up 5...
From
Austin Schroeder
via
Barchart
Wheat Weakness Continues on Wednesday
Wheat posted Wednesday losses across the three markets. Chicago SRW futures were down 6 to 8 cents at the final bell. Kansas City HRW contracts were 8 to 9 cents lower at the close. MPLS spring wheat closed the Wednesday session with contracts down 3 to cents. The next few...