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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
Reuters
via
gCaptain
IMO Approves Historic Global Shipping Emissions Fee
Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.
From
Oliver Sloup
via
Barchart
Grain Markets Firm Following Thursday's WASDE Report
Grains have responded positively following Thursday’s WASDE report, with corn, soybeans, and wheat trading to the highest levels in weeks.
From
Bloomberg
via
gCaptain
Trump’s Tariff Shift Still Has Markets, Industry Groups Panicked
President Donald Trump is casting his latest tariff plan as a strategic win. Markets and business leaders only see more chaos ahead. Stock plunged on Thursday, as anxiety spiked among investors again worried an extended period of trade hostility could devastate the global economy. That washed away a half-day of euphoria on Wall Street on Wednesday after Trump paused higher tariffs on dozens of nations.
From
Reuters
via
gCaptain
Estonian Navy Detains Russia-Bound Oil Tanker in Baltic Sea
The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid country flag.
From
Austin Schroeder
via
Barchart
Wheat Taking Back Losses on Friday Morning
Wheat is showing gains early on Friday, with gains in the three markets. The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish. Chicago SRW futures were back down 2 to 5 cents in the front months....
From
Austin Schroeder
via
Barchart
Soybeans Extending Gains Despite Overnight Tariff Hike
Soybeans are trading with Friday morning gains of 2 to 6 cents across most contracts. The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. Preliminary open interest was down 19,148 contracts. CmdtyView’s national front month Cash Bean...
From
Austin Schroeder
via
Barchart
Corn Sneaking Out Gains on Friday Morning
The corn market is showing 2 to 3 cent gains across most contracts on Friday morning. Corn futures continued to rally on Thursday after the USDA data released, with front months leading the way with 7 to 9 cent gains. New crop was up 3 to 4 cents. Preliminary open...
From
Darin Newsom
via
Barchart
Is New Buying Driving the Rally in Soybean Futures?
While this week's rally in the soybean futures market has been impressive, and certainly got a lot of folks excited, has the market actually turned bullish?
From
Nick Ehrenberg
via
Barchart
Corn Short Term Trend Turns Positive, New 504.75 Target
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Wheat Falls as USDA Raises Stocks Estimate
The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish this morning. Chicago SRW futures were back down 2 to 5 cents in the front months. Kansas City HRW contracts were 7 to 10 cents lower on...
From
Austin Schroeder
via
Barchart
Soybeans Extend Rebound on Thursday
The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. CmdtyView’s national front month Cash Bean price was up 17 cents at $9.76 3/4. Soymeal futures were up $2.10to $3.50/ton, with Soy Oil futures closing 4 to 13...
From
Austin Schroeder
via
Barchart
Corn Rallies As USDA Cuts Stock Estimate
Corn futures continued to rally on Thursday post-USDA data released, with front months leading the way with 7 to 9 cent gains. New crop was up 3 to 4 cents. The front month CmdtyView national average Cash Corn price was up 9 1/4 cent at $4.55 3/4. Export Sales data...