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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
Austin Schroeder
via
Barchart
Soybeans Pushing Higher on Monday Morning, with Specs Back to Net Long
Soybeans are trading with Monday morning gains of 4 to 6 cents. Futures fell lower on Thursday, with losses of 1 to 3 cents heading into the 3-day weekend. May beans were down 6 ¼ cents last week, as November was up 7 cents. CmdtyView’s national front month Cash Bean...
From
Austin Schroeder
via
Barchart
Corn Trading with Monday Morning Gains
The corn market is coming out of a 3-week weekend with contracts up 1 to 4 cents on Monday morning. Futures failed to hold the slight midday gains into the close on Thursday, with losses of fractionally to 2 cents. May was back down 8 cents last week, as December...
From
Austin Schroeder
via
Barchart
Wheat Trading Higher Out of 3-Day Weekend
Wheat is trading with gains across the three exchanges early on Monday. The markets closed the Thursday session on the mixed side, pulling back from early gains. Chicago SRW futures saw 1 to 2 cent gains to closed out Thursday, as May was down 7 cents last week. Kansas City...
From
Bloomberg
via
gCaptain
China Stops Imports of US LNG Amid Trade War, Custom Data Shows
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.
From
Bloomberg
via
gCaptain
Australian Opposition Pledges To Reinstate Live Sheep Exports
By Paul-Alain Hunt Apr 19, 2025 (Bloomberg) –Australia’s opposition, the Liberal-National Coalition, pledged to repeal a ban on live sheep exports to overseas markets if it takes power in the upcoming...
From
Bloomberg
via
gCaptain
US, Philippines Open ‘Super Bowl’ Of Drills Amid China Tensions
By Cliff Venzon Apr 20, 2025 (Bloomberg) –The US and the Philippines will start their flagship annual military drills Monday, touted as a “rehearsal” for the defense of the nation amid...
From
Bloomberg
via
gCaptain
Caribbean Group Says US Exemptions On Chinese Ships ‘Acceptable’
By Denis Chabrol Apr 19, 2025 (Bloomberg) –The Caribbean Private Sector Organization said it welcomed a decision to exempt certain Chinese ships traveling to its ports from millions of dollars in...
From
Reuters
via
gCaptain
China’s Soybean Imports From US Jump In March, But Brazil Set To Dominate Market
BEIJING, April 20 (Reuters) – China’s soybean imports from the United States rose 12% in March from the same period last year, as shipments secured in late 2024 by buyers concerned about the...
From
Bloomberg
via
gCaptain
China’s Shipowners Seek To Continue Talks With US On Levies
By Bloomberg News Apr 19, 2025 (Bloomberg) –The China Shipowners Association said it will continue to “actively communicate” with the US and other relevant parties about the Trump administration’s proposed levies...
From
Reuters
via
gCaptain
First Wheat Shipment Since Assad’s Ouster Arrives In Syria’s Latakia
CAIRO, April 20 (Reuters) – A ship carrying wheat has arrived in Syria’s Latakia port, the first delivery of its kind since former President Bashar al-Assad was ousted by rebels in December, the...
From
Nick Ehrenberg
via
Barchart
Soybeans Targets And Analysis
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Darren Carlat
via
Barchart
Soybean Oil calendar spread and a Robusta Coffee calendar spread
Soybean Oil has a maximum score of 10, indicating that CTAs are fully invested and have little trading capital to add to existing longs. In addition, the RSI score is 63 and amongst the strongest in the ag complex. Scores approaching 70 have a high likelihood of reversal.