.svg){kind=icon}
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Wheat Holds Losses into Friday’s Close
The wheat 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 lower on the session, with May showing a 5...
From
Chris Swift
via
Barchart
Shootin' the Bull about not dying on this hill
In my opinion, this is not the hill cattlemen want to die on.
From
Reuters
via
gCaptain
Commodities Collapse: China Tariffs Send Oil, Soybeans and Copper Tumbling
Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump's aggressive tariffs.
From
Mike Schuler
via
gCaptain
Panama Canal Launches Bid Process for Strategic Energy Pipeline to Boost Capacity
The Panama Canal Board of Directors has launched a bidding process for a new energy products pipeline in response to drought-induced operational challenges and shifting global energy shipping patterns. According...
From
Austin Schroeder
via
Barchart
Wheat Weaker at Friday’s Midday
The wheat complex is continuing the weaker trend on Friday, with contracts down across the three markets. Chicago SRW futures are down 2 to 4 cents so far on the day. Kansas City HRW contracts are 8 to 10 cents lower at the midday part of the session. MPLS spring...
From
Austin Schroeder
via
Barchart
Corn Bulls Fighting Back on Friday
Corn futures are up 3 to 5 cents in most nearby contracts on Friday. New crop December is weighed down by bean losses as they try not to attract too many more acres. The CmdtyView national average Cash Corn price is up 4 3/4 cents on the day at $4.33...
From
Austin Schroeder
via
Barchart
Soybeans Falling on Chinese Tariffs
The soybean market is trading with Friday losses of 24 to 26 cents in the nearby contracts CmdtyView’s national front month Cash Bean price is down 25 1/4 cents at $9.30. Soymeal futures were down $3.20/ton, with Soy Oil futures back down 1390 points. In response to President Trump’s reciprocal...
From
Reuters
via
gCaptain
China Hits Back Hard in Global Trade War With Tariffs on US Goods
China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout.
From
gCaptain
via
gCaptain
Tankers International: VLCC Market Faces a Mirage of Growth as Ageing Fleet Drags Down Supply
VLCC specialist Tankers International is projecting effective vessel supply growth of only 1% in the next three years due to the declining usable capacity of a rapidly-ageing global VLCC fleet.
From
Mike Schuler
via
gCaptain
IMO’s Historic Carbon Pricing Framework for Global Shipping Enters Final Negotiation Phase
The International Maritime Organization (IMO) is on the cusp of implementing the world’s first global emissions pricing system for any sector, as negotiations enter their final stage at the Marine...
From
Reuters
via
gCaptain
China Hits Back at US Tariffs With Rare Earth Export Controls
China placed export restrictions on key rare earth elements on Friday as part of its sweeping response to President Donald Trump's tariffs, potentially squeezing supply to the U.S. and the West of minerals vital to everything from defense to electric cars.