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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 Wyckoff
via
Barchart
July Corn Futures Hit a 2-Week High Today and More Gains Could Be Just Around the Corner
The corn futures market has shown resilience despite elevated risk aversion in the broader market.
From
Will Ashworth
via
Barchart
S&W Seed Company: This Bottom 100 Microcap Stock to Buy Has Potential to Sprout
On Monday, S&W Seed Company moved 11 positions in the Barchart Bottom 100 Stocks to Buy. While the seed business had a tough year in 2024, it could be a value play for aggressive microcap investors.
From
Austin Schroeder
via
Barchart
Soybeans Bouncing Back on Tuesday Morning
Soybeans are trading with Tuesday morning gains of 7 to 10 cents. Futures saw some spreads working on Monday, with front months up 4 to 6 cent and new crop down 3 ¼ cents in the November. Preliminary open interest was down 17,394 contracts on Monday. CmdtyView’s national front month...
From
Austin Schroeder
via
Barchart
Wheat Closes Higher on Monday
The wheat complex is showing higher trade across the three markets on Tuesday. Futures were stronger on Monday to start a new week of trade. Chicago SRW futures were 7 to 8 cents higher to settle the Monday session. Kansas City HRW contracts saw slight gains of 1 to 3...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher on Tuesday AM Trade
The corn market is continuing to sneak back higher on Tuesday morning, with contracts up 1 to 3 cents. Futures posted gains of 3 to 5 cents in the nearbys on Monday. New crop strength was lacking, as December was down ¾ cent. Preliminary open interest was down 41,570 contracts,...
From
Malte Humpert
via
gCaptain
Sanctioned Russian Arctic LNG Project Awakens After Winter With Gas Flaring Visible at Both Production Lines
Russia has apparently turned the lights back on at its sanctioned Arctic LNG 2 plant. Images taken by the European Sentinel 2 satellite reveal flaring at both production lines, Train 1 and Train 2, as well as the adjacent main flare.
From
Bloomberg
via
gCaptain
Key Brazil Port Bustles as China Poised to Shift Away From US
Donald Trump’s trade war may have crushed global commodity prices, but it’s good news for one of Brazil’s largest ports, which is seeing an uptick in export volumes.
From
Reuters
via
gCaptain
Limited Options Push China Into Trade ‘War of Attrition’ With Trump
Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
From
Reuters
via
gCaptain
CK Hutchison’s Panama Port Concession Under Fire as $22.8B Deal Hangs in the Balance
Panama's Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-yearport concession to a company led by CK Hutchison 0001.HK, the comptroller general said on Monday, as a key audit of the contract is expected to be completed soon.
From
Austin Schroeder
via
Barchart
Wheat Closes Higher on Monday
Wheat futures were stronger on Monday to start a new week of trade. Chicago SRW futures were 7 to 8 cents higher to settle the Monday session. Kansas City HRW contracts saw slight gains of 1 to 3 cents in the nearbys at the close. MPLS spring wheat posted gains...
From
Austin Schroeder
via
Barchart
Soybeans See Spreading on Monday
Soybeans saw some spreading on Monday, with front months showing 4 to 6 cent gains and new crop down 3 ¼ cents in the November. CmdtyView’s national front month Cash Bean price was up 6 cents at $9.27. Soymeal futures were up $1.80 to $5.30/ton, with Soy Oil futures back...