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.

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Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Defense
August 20, 2025
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,...
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Shipping
August 20, 2025
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.
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
News
August 20, 2025
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...
Fire Breaks Out on USS New Orleans Off Okinawa
Defense
August 20, 2025
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....
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
Accidents
August 20, 2025
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....
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
News
August 20, 2025
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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Port of Los Angeles Braces for Cargo Decline as Trade War Intensifies
Ports
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Los Angeles Braces for Cargo Decline as Trade War Intensifies

The Port of Los Angeles, despite posting strong first-quarter numbers in 2025, is preparing for a significant downturn in cargo volumes as new tariffs threaten to reshape global maritime trade...
Crowley Launches First of Four LNG-Powered Containerships
Shipping
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

Crowley Launches First of Four LNG-Powered Containerships

U.S.-based Crowley Maritime Corporation has marked a significant milestone in sustainable shipping with the successful launch of its newest LNG-powered containership, Quetzal, which began its maiden commercial voyage on April 11-12...
Wheat Falling at Midday
Grain
April 14, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Falling at Midday

The wheat complex is giving most of Friday’s gains back, with midday losses. Chicago SRW futures are back down 10 cents in the front months. Kansas City HRW contracts are 13 to 15 cents lower on the session. MPLS spring wheat is down 9 to 11 cents at midday. Precip...
Corn Under Midday Pressure on Monday
Grain
April 14, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Under Midday Pressure on Monday

The corn market is trading with contracts fractionally lower in the new crop months and down 4 1/2 cents in the nearbys. The front month CmdtyView national average Cash Corn price is down 4 1/2 cents at $4.57 1/2. USDA released a private export sale of 120,000 MT of corn...
Soybeans Mixed, with New Crop Creeping Higher
Grain
April 14, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Mixed, with New Crop Creeping Higher

Soybeans are treading with mixed action on Monday’s midday, with some spreads unwinding, as new crop is up 3 ½, with nearbys down 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 1 ½ cents at $9.88 1/4. Soymeal futures are down $3.30/ton, with Soy Oil futures...
Billionaire Economou Seeks to Replace Trafigura As Partner in Italy’s Top Oil Refinery
News
April 14, 2025
From 
Bloomberg
 via 
gCaptain

Billionaire Economou Seeks to Replace Trafigura As Partner in Italy’s Top Oil Refinery

The main investor in Italy’s biggest oil refinery is sounding out trading firms to replace Trafigura Group as the plant’s supply partner.
A Mixed Start to the Shortened Holiday Week for Ag Markets
Grain
April 14, 2025
From 
Oliver Sloup
 via 
Barchart

A Mixed Start to the Shortened Holiday Week for Ag Markets

Grain and livestock markets saw some big moves last week and are seeing a choppy trade to start the shortened week. Here are a few things on our radar.
China’s March Exports Jump in Temporary Boost as Trump 2.0 Heaps Pressure
Shipping
April 14, 2025
From 
Reuters
 via 
gCaptain

China’s March Exports Jump in Temporary Boost as Trump 2.0 Heaps Pressure

China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.
Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up
Shipping
April 14, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up

President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.
Is it Too Early for a Weather Market in Grains? (2025 Edition)
Grain
April 14, 2025
From 
Darin Newsom
 via 
Barchart

Is it Too Early for a Weather Market in Grains? (2025 Edition)

Dec25 Corn has posted a strong rally the past two weeks, due in part to wet weather across the US Eastern Corn Belt. Could this be an early weather market?
Corn Starting Monday Off with Some Weakness
Grain
April 14, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Starting Monday Off with Some Weakness

Corn futures are steady to down 2 ½ cents in early Monday trade. The market had a rally to close out Friday, with contracts up 7 to 10 cents, as front months are approaching $5. May was up 30 cents last week, with December 16 ¾ cents higher. Preliminary open...
Wheat Weakness Creeping Back Early on Monday
Grain
April 14, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Weakness Creeping Back Early on Monday

Wheat futures are starting off Monday with early losses in the three markets. The complex was rallying on Friday, with the three exchanges higher. Chicago SRW futures were back up 16 to 18 cents in the front months, with the front month May rallying 26 ¾ cents. Preliminary open interest...