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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
Corn Posts Gains on Wednesday
Corn futures closed the Wednesday session with contracts up 2 to 5 cents in most nearby contracts. The front month CmdtyView national average Cash Corn price was up 3 cents at $4.56 1/2. The markets will be off on Friday for Good Friday, with Thursday being the last trade day...
From
Mike Schuler
via
gCaptain
Trump Administration Halts Major New York Offshore Wind Project
U.S. Interior Secretary Doug Burgum has ordered an immediate halt to construction on Equinor’s Empire Wind project off the coast of New York, marking a significant development for the U.S....
From
Mike Schuler
via
gCaptain
Venture Global’s Calcasieu Pass Achieves Commercial Operations
Venture Global announced a significant advancement in U.S. LNG infrastructure with the commencement of commercial operations at its Calcasieu Pass export facility in Louisiana. The project, completed in an impressive...
From
Mike Schuler
via
gCaptain
Saronic Acquires Gulf Craft to Accelerate Autonomous Shipbuilding, Plans $250M Investment in Louisiana Yard
Autonomous vessel developer Saronic announced today the acquisition of Louisiana-based Gulf Craft, marking a significant expansion into autonomous shipbuilding. The acquisition provides Saronic with a strategically located Gulf Coast shipyard...
From
Reuters
via
gCaptain
California Sues Trump Administration to Block Tariffs
California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump's sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation.
From
Chris Swift
via
Barchart
Shootin' the Bull about still over 11 million head on feed
It is suspected that the past 3 days of buying is coming from short covering, or producers applying the Texas hedge, as we have seen little increase in open interest.
From
Don Dawson
via
Barchart
Corn Market Planting Season Outlook: What Traders and Hedgers Need to Know
Holy cow, the corn market in April is a wild ride! The USDA's latest WASDE report slashed stocks and cranked up exports, while the recent COT report shows funds tiptoeing around tariff chaos. The planting season is off to a rocky start with iffy weather, and trade policy could flip any second. Check out my article for jaw-dropping details and actionable steps to plan your trades before it's too late!
From
Mike Schuler
via
gCaptain
Report Reveals Technical and Human Failures in 2014 Sewol Ferry Disaster
A report by South Korea’s Maritime Safety Tribunal (KMST) has identified multiple causes behind the April 16, 2014 Sewol ferry disaster that claimed 304 lives—mostly students on a school trip—in what became the...
From
Reuters
via
gCaptain
Greece Submits Plans on Maritime Use After Falling Foul of EU Rules
ATHENS, April 16 (Reuters) – Greece has submitted plans to the EU setting out how it will organise maritime activities such as fishing, tourism and offshore energy after years of delays that drew...
From
Austin Schroeder
via
Barchart
Wheat Showing Wednesday Bounce Higher
The wheat markets are trading with contracts higher across the three exchanges. Chicago SRW futures are posting with 5 to 6 cent gains at midday. Kansas City HRW is up 6 to 9 cents as we trade through the Wednesday session. MPLS spring wheat is 1 to 3 cents higher...
From
Austin Schroeder
via
Barchart
Soybeans Posting Midday Strength on Wednesday
Soybeans are trading with contracts up 3 to 6 cent gains so far on Wednesday. CmdtyView’s national front month Cash Bean price is 3 1/2 cents at $9.87 1/4. Soymeal futures are trading with $2.80/ton gains, with Soy Oil futures are up 13 points at midday. The CME will be...