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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
Mike Schuler
via
gCaptain
Trump Escalates Houthi Strikes, Warns Iran as Red Sea Crisis Continues
President Trump announced today that U.S.-led strikes have “decimated” Houthi capabilities in Yemen, while issuing stark warnings to both the militant group and Iran amid escalating tensions in the Red...
From
Mike Schuler
via
gCaptain
NTSB Finds Communication Gap Led to $4.5 Million Crane Accident at Charleston Terminal
The National Transportation Safety Board (NTSB) has released findings on a costly crane accident at North Charleston Terminal that resulted in $4.5 million in damage when a crane barge struck...
From
Austin Schroeder
via
Barchart
Corn Mixed Following USDA Data Release
The corn market is trading with front month gains of 2 to 4 cents so far on Monday. Larger than expected acres are weighing on new crop, as December is down 1 ½ cents. The CmdtyView national average Cash Corn price is up 1 ¼ cents on the day at...
From
Austin Schroeder
via
Barchart
Wheat Posting Midday Gains on Lower than Expected Acreage
The wheat complex is trading with gains across the three market on Monday. Chicago SRW futures are showing 6 to 7 cent gains at midday. Kansas City HRW contracts are 4 to 6 cents in the green so far on Monday. MPLS spring wheat is up 8 to 9 cents...
From
Austin Schroeder
via
Barchart
Soybeans Weaker as USDA Confirms Drop to Expected Acres
Soybeans are falling on Monday, with old crop contracts down 7 to 8 cents. New crop is down 8 ½ cents in a buy the rumor, sell the fact reaction to the tighter acreage number. CmdtyView’s national front month Cash Bean price is down 9 3/4 cents at $9.56 ¼....
From
Mike Schuler
via
gCaptain
Panama Deregisters Over 100 Sanctioned Vessels in Major Compliance Crackdown
The Panama Maritime Authority (PMA) has taken action by deregistering 107 vessels from its registry due to international sanctions violations, with an additional 18 vessels in the pipeline for de-registration....
From
Reuters
via
gCaptain
Trump’s American Shipbuilding Dream is the Energy Industry’s Nightmare: Opinion
The Trump administration's proposed plan to revive American shipbuilding by penalizing Chinese ships arriving at U.S. ports could end up making U.S. oil and gas less competitive and significantly disrupt the global energy market.
From
Bloomberg
via
gCaptain
Showdown Over CK Hutchison’s $22.8B Port Sale Threatens China’s Pro-Business Push
President Xi Jinping is seeking to paint China as a steady partner to investors roiled by a global trade war. A spat over a shipping lane coveted by Donald Trump is testing that push.
From
Mike Schuler
via
gCaptain
Coast Guard Discovers Illegal Ammonia Shipment at Puerto Rico Terminal Already Under Safety Restrictions
A Coast Guard inspection team has discovered an unauthorized shipment of Anhydrous Ammonia at Puerto Nuevo Terminals (PNT) in San Juan, Puerto Rico, a facility already under restrictions for handling...
From
Oliver Sloup
via
Barchart
Grain and Livestock Markets Fly Around in the Last Trading Day of the Quarter
Volatility across multiple markets has been the theme in the last trading day of the month and quarter. Traders brace for a USDA report and potential tariff headlines
