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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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For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
ZIM Orders Ten LNG-Powered Containerships in $2.3 Billion Charter Deal
Israeli container shipping company ZIM has signed agreements for ten 11,500 TEU LNG dual-fuel containerships in a deal worth approximately $2.3 billion. The vessels will be constructed at China’s Zhoushan...
From
Oliver Sloup
via
Barchart
A WILD Start to the Week for Markets
A tsunami of volatility has swept across global markets over the last few trading days as market participants position in the face of potential tariffs.
From
Mike Schuler
via
gCaptain
HII and HD Hyundai Sign MOU on Shipbuilding
HII (NYSE: HII) and HD Hyundai Heavy Industries (HHI) signed a memorandum of understanding on Monday at the Sea Air Space expo in National Harbor, Maryland, seeking to boost collaboration...
From
Jim Wyckoff
via
Barchart
The Trade War Is on the Front Burner for Grain Markets, But Don’t Miss These 2 Other Key Catalysts This Week
Extreme weather and upcoming USDA data could also move markets.
From
Don Dawson
via
Barchart
Behind the Volatility: Deciphering the Corn Market’s Big Four in a Tariff-Torn Year
The corn market in 2025 is off to a rocky start, grappling with tariffs that could reshape its future. This article examines the four fundamental principles—supply, demand, price volatility, and trader sentiment—that every trader and commercial user can utilize to inform their trading decisions. Demand is crumbling as export giants pivot to Brazil, while domestic ethanol and feed use stagnate, leaving market participants scrambling to decipher weekly USDA reports for clues. Prices are on a wild ride, plunging 8.6% and rebounding 4% amid tariff uncertainty. Discover how these dynamics could overwhelm the corn market or create unexpected opportunities for those prepared to adapt.
From
Reuters
via
gCaptain
Trump’s Tariff ‘Medicine’ Engulfs Markets as U.S. Stocks Brace for More Turmoil
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
Austin Schroeder
via
Barchart
Corn Slipping to Start Monday
Corn is showing fractional to 2 cent losses early on Monday. The corn market closed out the Friday session with contracts up 1 to 3 cents across the front months. May was up 7 cents last week despite all the tariff talk. New crop December was down ¾ cent, with...
From
Austin Schroeder
via
Barchart
Wheat Starting Monday with Higher Trade
Wheat futures are trading with contracts higher early on Monday. The complex closed Friday with contracts down across the three markets. Chicago SRW futures were down 7 to 8 cents on the day, as May closed the week up ¾ cent. Kansas City HRW contracts were 10 to 12 cents...
From
Austin Schroeder
via
Barchart
Soybeans Bouncing on Monday Morning Trade
The soybean market is showing steady to 3 cent higher trade on Monday morning. Soybeans were in full collapse mode on Friday, as contracts were down 32 to 35 cents across most contracts. May lost 46 cents on the week, with November down 44 ¾ cents. Preliminary open interest was...
From
Oliver Sloup
via
Barchart
Grain Markets Hold Their Own
A risk-off trade in the outside markets induced more panic on Sunday night, however, grain markets have largely traded as a spectator to the broader market volatility. A potential silver lining?
From
Bloomberg
via
gCaptain
Ship Carbon Charge Edges Closer With Optimism US Won’t Derail It
Governments from across the world are gathering in London this week to thrash out a landmark global carbon charge for the shipping industry.