.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 Mixed at Midday
Wheat is trading with mixed action on Wednesday. Chicago SRW futures are posting midday losses of 1 to 2 cents. Kansas City HRW contracts are trading with 3 to 5 cent gains so far. MPLS spring wheat is 1 to 2 cents lower at midday. USDA’s Export Sales report is...
From
Austin Schroeder
via
Barchart
Corn Off Early Lows at Midday
Corn futures are weaker on Wednesday’s midday, with contracts down 1 to 4 ¼ cents lower. Futures are off the early lows. The CmdtyView national average Cash Corn price is down 4 1/4 cents on the day at $4.27. President Trump is set to roll out tariffs later this afternoon...
From
Mike Schuler
via
gCaptain
OFAC Targets Russia-Houthi Grain Smuggling Ship
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has designated multiple entities and individuals involved in a maritime smuggling operation that transported stolen Ukrainian grain and weapons from Russia...
From
Bloomberg
via
gCaptain
Maersk Family Bids $1.3 Billion to Reclaim Full Control of Svitzer
The Maersk billionaire family offered to buy Svitzer Group A/S in a deal valuing the tug operator at about 9 billion kroner ($1.3 billion), just one year after it had listed on the stock market.
From
Reuters
via
gCaptain
Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s FSA Says
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.
From
Mike Schuler
via
gCaptain
Shippers Caught in the Crossfire of Trump’s ‘Liberation Day’ Tariff Blitz
Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though experts predict limited immediate impact on near-term liner freight rates....
From
Reuters
via
gCaptain
Trump to Impose Sweeping ‘Liberation Day’ Tariffs, Escalating Global Trade Tensions
WASHINGTON/DUBLIN, April 2 (Reuters) – President Donald Trump proclaimed “Liberation Day” in the United States on Wednesday as he prepared to impose sweeping new tariffs that would escalate a trade war with global partners, increase prices...
From
Mike Schuler
via
gCaptain
APM Terminals Acquires Panama Canal’s ‘Land Bridge’ Railway
APM Terminals, the terminal operating division of AP Moller-Maersk, has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City Limited and the Lanco Group/Mi-Jack, significantly expanding its...
From
Bloomberg
via
gCaptain
China Ship Sales Collapse as Industry Sweats Over US Ports Plan
Shipping companies have all-but stopped buying dry bulk commodity carriers that were built in China as the industry waits to see if President Trump will press ahead with historic port charges on vessels constructed in the Asian country.
From
Austin Schroeder
via
Barchart
Wheat Slipping Back Lower on Wednesday Morning
The wheat complex is showing mostly lower trade on Wednesday morning across the three exchanges. Wheat held gains into Tuesday’s close, as contracts were following up the Monday strength on the acreage cut. Chicago SRW futures were 3 to 4 cents higher on the day. Kansas City HRW contracts were...
From
Austin Schroeder
via
Barchart
Soybeans Slipping Back Lower on Wednesday Morning
Soybeans are starting out Wednesday trade with contracts down 3 to 4 cents across most contracts. The market rallied hard on Tuesday, following the bean oil gains. Contracts were up 19 to 22 cents at the close. Preliminary open interest was down 6,523 contracts on Tuesday suggesting some short covering....
From
Austin Schroeder
via
Barchart
Corn Falling Ahead of Liberation Day Tariffs
Corn price action is starting off the Wednesday session with contracts down 4 ½ to 7 cents lower, as President Trump is set to roll out tariffs on what he has labeled Liberation Day. Futures started off April with contracts 4 to 8 cents higher across most contracts. Preliminary open...