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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
Reuters
via
gCaptain
Shipping Firm Maersk Expects Continued US Growth But Warns of Rising Uncertainty
By Stine Jacobsen COPENHAGEN, April 2 (Reuters) – Danish shipping company Maersk has benefited from robust U.S. demand so far this year and expects that to continue, though the outlook could be clouded by U.S....
From
Austin Schroeder
via
Barchart
Corn Rallies on April Fool’s Day
Corn futures started off April with contracts 4 to 8 cents higher across most contracts. New crop contracts led the way, as rains in the forecast may limit any early planting. The CmdtyView national average Cash Corn price was up 7 ¾ cents on the day at $4.31 1/4. Monthly...
From
Austin Schroeder
via
Barchart
Wheat Hold Higher at Tuesday’s Close
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 6 to 9 cents in the green at the close. MPLS spring wheat was up...
From
Austin Schroeder
via
Barchart
Soybeans Post Double-Digit Gains on Bean Oil Strength
The soybean market rallied hard on Tuesday, following the bean oil gains. Contracts were up 19 to 22 cents at the close. CmdtyView’s national front month Cash Bean price was down 21 3/4 cents at $9.79. Soymeal futures were mixed, with contracts up a dime to down 70 cents/ton. with...
From
Jim Wyckoff
via
Barchart
Monday’s Grain Price Action Following Key USDA Data Reveals Compelling Clues
The recent USDA report gives traders valuable clues for where grains are headed in the coming weeks and months.
From
Chris Swift
via
Barchart
Shootin' the Bull about pushing on to the consumer
Still no let up in the rising cost to produce a pound of beef.
From
Mike Schuler
via
gCaptain
Genco CEO Says Trump’s China Ship Fees Will Hammer Farmers, Not China
The largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place.
From
Mike Schuler
via
gCaptain
NTSB to Hold Public Meeting on Fatal ‘Grande Costa D’Avorio’ Fire as Maritime Firefighting Training Gaps Emerge
The National Transportation Safety Board (NTSB) will convene a public board meeting on April 15 to determine what caused the devastating fire aboard the roll-on/roll-off vessel Grande Costa D’Avorio that...
From
Mike Schuler
via
gCaptain
St. Lawrence Seaway Launches 67th Navigation Season
The U.S. Department of Transportation’s (USDOT) Great Lakes St. Lawrence Seaway Development Corporation (GLS) and its Canadian counterpart the St. Lawrence Seaway Management Corporation (SLSMC) opened the binational waterway’s 67th...
From
Austin Schroeder
via
Barchart
Corn Posting Higher Trade on Tuesday
Corn futures are posting 4 to 6 cent gains across the front months at Tuesday’s midday, extending the gains from Monday. The CmdtyView national average Cash Corn price is up 6 ¾ cents on the day at $4.30 1/2. Monthly Grain Crushing data will be released later today, with the...