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
Chris Swift
via
Barchart
Shootin' the Bull about a great deal of volatility
A great deal of reality versus expectations will be played out over the next couple of weeks.

From
Oliver Sloup
via
Barchart
Grain Markets Mixed Despite Outside Market Volatility
Grain markets opened lower but found their footing to finish the session off the lows, with corn and wheat spending some time in positive territory.

From
Mike Schuler
via
gCaptain
Trump’s ‘Liberation Day’ Tariffs Spark Global Shipping Industry Concerns
President Trump’s newly announced tariff increases are expected to significantly impact global shipping patterns and container rates, with industry leaders warning of far-reaching consequences for maritime trade. The tariffs, announced...

From
Reuters
via
gCaptain
Global Trade Braces for Impact After Trump’s Tariff Bombshell
President Donald Trump's sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

From
Austin Schroeder
via
Barchart
Wheat Seeing Green at Thursday’s Midday
The wheat market has taken back all the overnight losses across the three exchanges. Chicago SRW futures are back up 1 to 2 cents so far on the day. Kansas City HRW contracts are 2 to 3 cents in the green at midday. MPLS spring wheat is trading with 1...

From
Austin Schroeder
via
Barchart
Soybeans Holding Losses at Midday Following Tariff Announcement
Soybeans are posting lower trade on Thursday, with contracts down 15 to 18 cents at midday. CmdtyView’s national front month Cash Bean price is down 15 1/4 cents at $9.58 1/2. Soymeal futures are up $1.50/ton, with Soy Oil futures back down 167 points. President Trump announced reciprocal tariffs on...

From
Austin Schroeder
via
Barchart
Corn Turns Higher After Gapping Lower
Corn bulls are pushing back on Thursday, with contracts up fractionally in the nearbys and down 1 ¼ for new crop. Contracts are well off their overnight lows. The CmdtyView national average Cash Corn price is up 1 1/4 cents on the day at $4.29 3/4. President Trump’s “Liberation Day”...

From
Reuters
via
gCaptain
Could Panama Throw a New Wrench Into BlackRock’s Ports Deal?
BlackRock could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the Central American country releases an audit on a 25-year concession granted to Hong Kong-based CK Hutchison.

From
Mike Schuler
via
gCaptain
Solong and Stena Immaculate Interim Report: MAIB Reveals Details of Deadly Collision Off U.K. Coast
The UK Marine Accident Investigation Branch (MAIB) has released an interim report detailing the serious maritime incident involving the Portuguese-flagged container ship Solong and the U.S.-flagged oil/chemical tanker Stena Immaculate,...

From
Jim Wyckoff
via
Barchart
July Hard Red Winter Futures Are Showing Resilience Despite a Broader Grain Market Selloff. Here Are the Levels to Watch Before You Buy.
The price action today in July HRW futures demonstrates underlying market strength.

From
Malte Humpert
via
gCaptain
Tiny Australian Outposts, Including Some With No People, Targeted by Trump Tariffs
Australia’s remote, uninhabited islands in the Antarctic and a tiny territory with barely any exports found themselves caught up alongside global heavyweights in U.S. President Donald Trump's sweeping tariff regime, leaving locals and officials baffled.

From
Austin Schroeder
via
Barchart
Wheat Joining in on the Selling on Thursday Morning
The wheat market is trading with losses across the three exchanges early on Thursday. Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW...