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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
Austin Schroeder
via
Barchart
Wheat Turns Around to Close Mixed on Thursday
Wheat futures were mixed across the three exchanges on Thursday, as the hard red contracts held up. Chicago SRW futures were down 3 to 4 cents in the front months at the close, pressured by a wet forecast. Kansas City HRW contracts rallied off early weakness into the close, up...
From
Austin Schroeder
via
Barchart
Soybeans Rally on Thursday with Soy Oil Support
Soybeans posted Thursday of 13 to 16 cents across most contracts. CmdtyView’s national front month Cash Bean price is up 18 cents at $9.60 1/2. Soymeal futures closed the Thursday session with contracts up 10 to 90 cents/ton, as Soy Oil futures were 110 to 163 points higher on the...
From
Malte Humpert
via
gCaptain
South Korea Bolsters Polar Capabilities Moving Ahead With Next-Generation Icebreaker
South Korea’s next-generation icebreaker is back on track. The country joins several other nations, including the U.S., Canada, Russia, China, and Germany upgrading and expanding their icebreaker capacity. Similar to...
From
Reuters
via
gCaptain
Secret Service, Navy Counter-Drone Technology Testing Led to Faulty Cockpit Alerts, Officials Say
Testing of counter-drone technology near Reagan Washington National Airport by the U.S. Secret Service and Navy earlier this month led to numerous flight crews receiving faulty alerts of potentially nearby aircraft, the Federal Aviation Administration and a U.S. senator said on Thursday.
From
Oliver Sloup
via
Barchart
A Mixed Day in Grains and a STRONG Day in Cattle
Grain markets were mixed today with soybeans posting an impressive gain. Cattle markets were weaker but found their footing thanks to rumors of a sharply higher cash trade in the making.
From
Chris Swift
via
Barchart
Shootin' the Bull about positive basis
Skepticism continues to be expressed by futures traders in the form of the positive basis, and enormous volatility.
From
Malte Humpert
via
gCaptain
Red Sea Tourist Submarine Sinking Kills At Least Six Off the Coast of Egypt
A small recreational submersible, named Sindbad, has sunk off the Egyptian resort town of Hurghada with 45 people on board. The incident occurred around 1,000 meters offshore during an hour-long...
From
Jim Wyckoff
via
Barchart
Monday Is a Major Day in the Grain Futures Markets. Here’s How You Should Be Positioned.
Big surprises from the USDA could quickly increase the volatility in the grains futures markets.
From
Trent Klarenbach
via
Barchart
Soybeans Finding Buyers
We look at our next level of interest for resistance after buyers step in supporting price at the Golden Zone.
From
Austin Schroeder
via
Barchart
Wheat Weakness Continues on Thursday
The wheat market is extending the losses into Thursday’s midday. Chicago SRW futures are down 5 to 6 cents in the front months. Kansas City HRW contracts are 4 to 5 cents lower in the nearbys. MPLS spring wheat is steady at midday, with some fractional losses. USDA’s Export Sales...
From
Austin Schroeder
via
Barchart
Soybeans Rallying with Soybean Oil Support
Soybeans are trading with 11 to 14 cents gains across the front months on Thursday. CmdtyView’s national front month Cash Bean price is up 14 cents at $9.56 1/2. Soymeal futures closed the midweek session with contracts up 50 cents/ton, with Soy Oil futures 156 to 166 points higher on...
From
Austin Schroeder
via
Barchart
Corn Weakness Extends to Thursday
Corn futures are trading with midday losses on Thursday, as contracts are down 1 to 3 cents in the front months. The CmdtyView national average Cash Corn price is down 3 cents on the day at $4.14 3/4. Export Sales data was tallied at 1.04 MMT, between estimates of 0.6...