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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
Jim Roemer
via
Barchart
(DOWNLOAD A FREE REPORT) Factors affecting global commodity weather for wheat, corn and sugar
Jim's video zooms in on the big picture of crucial crops
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
With Trade Deals on the Horizon, Prepare for the Markets to Move.
From
Austin Schroeder
via
Barchart
Corn Slips Lower into 3-day Weekend
Corn futures failed to hold the slight midday gains into the close on Thursday, with loses of fractionally to 2 cents. May was back down 8 cents this week, as December was up 2 ½ cents. The front month CmdtyView national average Cash Corn price was down 1 ¾ cents...
From
Austin Schroeder
via
Barchart
Wheat Slips Late on Thursday to Close Mixed
The wheat 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 this week. Kansas City HRW was the weak spot, steady to down 3 cents on...
From
Austin Schroeder
via
Barchart
Soybeans Retreat into the Weekend
Soybeans fell lower on Thursday, with losses of 1 to 3 cents heading into the 3-day weekend. May beans were down 6 ¼ cents this week, as November was up 7 cents. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures was back...
From
Chris Swift
via
Barchart
Shootin' the Bull about second chances or new romances
Cattle on Feed: 98%, Placed 105%, Marketed 101%, 11.63 million head on feed
From
Mike Schuler
via
gCaptain
U.S. Forces Strike Houthi Fuel Port in Yemen
U.S. forces have conducted strikes on the Houthi-controlled Ras Isa fuel port in Yemen as part of ongoing efforts to curtail the Iran-backed group’s ability to threaten maritime commerce in...
From
Oliver Sloup
via
Barchart
Grain Markets Retreat Ahead of the Long Weekend
Grain markets saw minor pressure in Thursday's trade. Are technical support levels at risk?
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Yemen Bank for Supporting Houthi Attacks in Red Sea
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the International Bank of Yemen Y.S.C. (IBY) for providing financial support to the Iran-backed Houthi group....
From
Austin Schroeder
via
Barchart
Soybeans Falling Lower on Thursday
Soybeans are trading with 2 to 4 cent losses at Thursday’s midday as they round out the week. CmdtyView’s national front month Cash Bean price is down 4 ¼ cents at $9.82 ½. Soymeal futures is back down $1.80/ton, as Soy Oil futures are up 35 points. The CME will...
From
Austin Schroeder
via
Barchart
Wheat Popping Higher on Thursday
The wheat markets are trading with contracts higher across the three exchanges. Chicago SRW futures are trading with 4 to 5 cent gains so far on Thursday. Kansas City HRW is trading with 1 to 3 cent gains so far at midday. MPLS spring wheat is up 2 to 4...
From
Mike Schuler
via
gCaptain
Equinor Weighs Legal Challenge to Trump Admin’s Empire Wind Shutdown
Construction activities for the Empire Wind project off New York’s coast have been suspended following a halt work order from the U.S. government, Norwegian energy firm Equinor said Thursday. Empire...