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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
Austin Schroeder
via
Barchart
Corn Pressure Extends to Wednesday
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 at $4.46 3/4. Pressure also came from a stronger dollar index. Weekly EIA data showed ethanol production rising 21,000...
From
Mike Schuler
via
gCaptain
Industry Leaders Warn of Supply Chain Crisis as Trump Tariffs Hit US-China Trade
Container shipping between China and the United States faces unprecedented disruption following the implementation of new Trump administration tariffs on U.S. imports from China, with industry leaders warning of potential...
From
Chris Swift
via
Barchart
Shootin' the Bull about hindsight
Still kicking the same dead horse, but this time with a little more enthusiasm.
From
Bloomberg
via
gCaptain
Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with Few Options
Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no US industry for the equipment exists.
From
Mike Schuler
via
gCaptain
UK’s Carrier Strike Group Sets Sail for Eight-Month Indo-Pacific Deployment
The Royal Navy‘s flagship HMS Prince of Wales departed Portsmouth today, leading the UK’s premier naval deployment of 2025. The carrier strike group embarks on an ambitious eight-month mission spanning...
From
Austin Schroeder
via
Barchart
Soybean Bulls Gaining Ground on Wednesday
The soybean market is trading with gains of 2 to 6 cents so far on Wednesday, led by the front months. CmdtyView’s national front month Cash Bean price is up 6 1/4 cents at $9.91 1/2. Soymeal futures are 30 cents /ton, as Soy Oil futures are up 32 points....
From
Austin Schroeder
via
Barchart
Wheat Pressure Continues as Wet Forecast Covers US
Wheat is trading with midday losses across the three markets on Wednesday. Chicago SRW futures are down 6 to 7 cents so far on the day. Kansas City HRW contracts is 7 to 8 cents in the red at midday. MPLS spring wheat is slipping 4 to 6 cents so...
From
Austin Schroeder
via
Barchart
Corn Facing Midweek Pressure
The corn market is holding onto Wednesday losses so far at midday. Contracts are down 2 to 4 cents. The front month CmdtyView national average Cash Corn price is down 2 ¾ cents at $4.46 3/4. Weekly EIA data showed ethanol production rising 21,000 barrels per day in the week...
From
The Loadstar
via
gCaptain
Trump’s China-Built Ship Fees Spark Chaos in Global Carrier Alliances
The USTR fees for China-built shipping threaten a “complete destabilisation” of the ocean alliances, as the carriers with box ships exempt from the penalties attempt to insulate themselves.
From
Reuters
via
gCaptain
Singapore’s PSA Weighs Selling Minority Stake in CK Hutchison’s Ports Business
SINGAPORE, April 23 (Reuters) – Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison‘s ports business, two people with knowledge of the matter said, joining the Hong Kong...
From
Bloomberg
via
gCaptain
Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.
From
Oliver Sloup
via
Barchart
Grain Markest Mixed Wednesday Morning
Grain markets have been mixed in the overnight and early morning trade. Soybeans were initially higher overnight on trade headlines, but have given back some of that ground