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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 Closes Monday Mixed
Corn futures posted gains of 3 to 5 cents in the nearbys on Monday. New crop strength was lacking, as December was down ¾ cent. The CmdtyView national average Cash Corn price was up 4 1/2 cents at $4.35 1/2. One of the tariffs concerns, at least from a retaliatory...
From
Mike Schuler
via
gCaptain
USACE Breaks 45-Year Hiatus with Cutting-Edge Hopper Dredge Construction at Eastern Shipbuilding
Eastern Shipbuilding Group (ESG) has launched construction on a groundbreaking medium class hopper dredge for the U.S. Army Corps of Engineers (USACE), marking the agency’s first deep draft hopper dredge...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock Markets all lower again - The Grains Look Ready to Run.
From
Chris Swift
via
Barchart
Shootin' the Bull about not able to catch a break
Cattle feeders can't catch a break. Feeders are lower, but not by as much as fats. Corn was higher and diesel fuel no cheaper.
From
Jim Wyckoff
via
Barchart
Ag Futures Markets Are Suffering a Severe Case of Tariff Indigestion. When Will They Rebound?
Value-buying opportunities are likely lurking in many commodity futures markets, including grains and livestock.
From
Mike Schuler
via
gCaptain
Fatal Electrocution Aboard Offshore Supply Vessel Highlights Safety Gaps in Engine Room Operations
An unqualified engineer lost their life aboard the U.S.-flagged offshore supply vessel Red Stag due to electrocution while attempting to troubleshoot a mud pump system in Port Fourchon, Louisiana. The...
From
Austin Schroeder
via
Barchart
Corn Back to Holding Gains on Monday
Corn futures are up fractionally to 2 cents so far on Monday’s midday. The CmdtyView national average Cash Corn price is up 2 cents at $4.34. Weekly Export Inspections data tallied corn shipments at 1.583 MMT (62.3 mbu) in the week that ended on April 3. That was down 3.89%...
From
Austin Schroeder
via
Barchart
Soybeans Leaking as Tariff Escalation Looms
Soybeans are trading with fractional gains in some front months and other contracts heading lower at midday. CmdtyView’s national front month Cash Bean price is up 3/4 cents at $9.22 3/4. Soymeal futures are up $3/ton, with Soy Oil futures back down 6 points. President Trump has responded to the...
From
Austin Schroeder
via
Barchart
Wheat Posting Monday Midday Gains
Wheat futures are showing up on Monday with mostly higher trade across the three exchanges at midday. Chicago SRW futures are up 6 to 7 cents in the front months so far. Kansas City HRW contracts are trading with fractional to 2 cent gainst. MPLS spring wheat is showing midday...
From
Reuters
via
gCaptain
Trump’s Tariff ‘Medicine’ Engulfs Markets
President Donald Trump's sweeping tariff plans hammered global financial markets and U.S. stocks braced for more turmoil on Monday, after he warned foreign governments they would have to pay "a lot of money" to lift the levies he called "medicine."
From
Bloomberg
via
gCaptain
Trump Administration’s Progress Against Resilient Houthi Militants Remains Murky
President Donald Trump has boasted that he’s “decimated” the Houthis, the Iran-backed militants who have attacked commercial ships transiting the Red Sea since 2023. But three weeks into a campaign of US airstrikes, his administration has offered limited evidence of weapons deployed and targets hit to back up that assertion.