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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
Walsh Trading
via
Barchart
The Sinclair Report April 23, 2025: Grain Markets Overview
Wheat (ZWN25): The market broke through a critical support level set on August 27, 2024, at 560. This breakdown led to a short entry at 560 on April 21, with downside targets now seen at 545, 533, and 520. Continued pressure is likely unless significant support emerges. Soybeans (ZSN25): The...
From
Austin Schroeder
via
Barchart
Wheat Slide Continuing on Wednesday
Wheat is trading with mostly weaker action so far on Wednesday morning. The wheat complex was weaker across the three market on Tuesday. Chicago SRW futures posted 2 to 3 cent losses on the day. Kansas City HRW contracts slipped 4 to 6 cents into the close. MPLS spring wheat...
From
Austin Schroeder
via
Barchart
Corn Weakness Leaking into Wednesday
The corn market is heading lower on Wednesday, with losses of 2 to 3 cents so far on Wednesday morning. Corn futures ended the Tuesday session with contracts down 6 to 7 cents. New crop December was down 6 ½ cents, as they try not to bid up for too...
From
Austin Schroeder
via
Barchart
Soybeans Holding Near Steady Early on Wednesday
The soybean market is trading with contracts mixed, as front months are slightly higher and new crop slightly lower. Soybean futures popped higher on Tuesday, with contracts fractionally to 6 cents higher, led by the nearbys. Preliminary open interest was down 2,383 contracts on Tuesday, with May dropping 17,249 contracts....
From
Reuters
via
gCaptain
Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled
Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.
From
Darin Newsom
via
Barchart
Did Watson Overshoot in the Soybean Market?
When making an investment decision about any market, it pays to understand that market's structure. Each market has two sides: Commercial and noncommercial, the latter also known as Watson.
From
gCaptain
via
gCaptain
NYC Waterfront Project Aims to Shift Freight from Truck to Barge
By Daniel Katzive (gCaptain) – New York City’s slow-moving efforts to get more freight off the city’s congested highways and onto the metropolis’s navigable waterways appeared to take an important...
From
Austin Schroeder
via
Barchart
Wheat Posts Weakness on Tuesday
The wheat complex was weaker across the three market on Tuesday. Chicago SRW futures posted 2 to 3 cent losses on the day. Kansas City HRW contracts slipped 4 to 6 cents into the close. MPLS spring wheat was 3 to 5cents in the red on the session. Monday’s Crop...
From
Austin Schroeder
via
Barchart
Corn Falls Lower on Tuesday
Corn futures ended the Tuesday session with contracts down 6 to 7 cents. New crop December was down 6 ½ cents, as they try not to bid up for too many acres with current new crop soybean/corn ratio at 2.24. The front month CmdtyView national average Cash Corn price was...
From
Austin Schroeder
via
Barchart
Soybeans Hold Gains on Tuesday
Soybean futures popped higher on Tuesday, with contracts fractionally to 6 cents higher, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.85 1/4. Soymeal futures were up 80 cents $1.00/ton, as Soy Oil futures were down 4 to 28 points. Treasury...
From
Mike Schuler
via
gCaptain
CMB.TECH to Absorb Golden Ocean in All-Stock Deal
Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) announced today a merger agreement that will create one of the largest diversified listed maritime groups globally. The stock-for-stock...
