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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 Mixed Early on Monday
Soybean are showing mixed trade so far on Monday, with contracts fractionally lower to 3 ¼ cents higher. Futures posted strength on Friday, with contracts up 13 to 21 cents at the close. Front month May rallied 65 ¾ cents from last Friday, with new crop up 41 ¼ cents...
From
Reuters
via
gCaptain
Greece In Talks To Buy Two ‘Bergamini’ Frigates From Italy
DELPHI, April 11 – Greece is in talks to buy two used ‘Bergamini’ class frigates from Italy, Defense Minister Nikos Dendias said at a conference on Friday, as the NATO member seeks...
From
Bloomberg
via
gCaptain
Five Below Falls As US-China Trade War Spurs Canceled Orders
By Reshmi Basu and Carrington York Apr 11, 2025 (Bloomberg) –Five Below Inc. shares dropped on Friday after the retailer asked vendors to turn away products waiting for shipment in China...
From
Bloomberg
via
gCaptain
Trump Plans Order To Enable Critical Metals Stockpiling
By Subrat Patnaik Apr 12, 2025 (Bloomberg) –US President Donald Trump’s administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the...
From
Bloomberg
via
gCaptain
Russian Oil Shipments Shift To Western Tankers As Prices Slump
By Julian Lee and Lucia Kassai Apr 11, 2025 (Bloomberg) –A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping...
From
Reuters
via
gCaptain
Chevron’s Venezuelan Oil Cargoes Canceled, Stalled Amid Payment Uncertainty
HOUSTON, April 11 (Reuters) – At least two vessels carrying Venezuelan crude chartered by Chevron CVX.N are stalled due to state oil company PDVSA canceling their export authorizations, according to shipping data and sources, as the...
From
Nick Ehrenberg
via
Barchart
Cattle Holds 38.2% Fibonacci Retracement at 193.50 Keeping The long Term Trend Positive
Educational and Actionable information using Fibonacci and W.D. Gann analysis
From
Reuters
via
gCaptain
White House Aims To Eliminate NOAA Climate Research In Budget Plan
By Valerie Volcovici April 11 (Reuters) – The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change and refocus the U.S....
From
Bloomberg
via
gCaptain
Landmark Climate Regulation Approved By Shipping’s Global Regulator
By Jack Wittels Apr 11, 2025 (Bloomberg) –Shipping’s international regulator agreed new rules to slash the industry’s future greenhouse gas emissions, paving the way for the end of oil as a...
From
Jim Roemer
via
Barchart
(FREE REPORT) Trade Tariffs & Climatic Factors That Will Influence Global Commodities
Jim offers a download of a free recent WeatherWealth issue
From
Austin Schroeder
via
Barchart
Soybeans Shrugs Off Chinese Tariffs, Rallies into the Close
The soybean market posted strength on Friday, with contracts up 13 to 21 cents at the close. Front month May rallied 65 ¾ cents from last Friday, with new crop up 41 ¼ cents this week. CmdtyView’s national front month Cash Bean price was up 13 3/4 cents at $9.90...