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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 Extending Losses into Tuesday AM Trade
Wheat futures are in the red to start Tuesday trade, with contracts down 2 to 5 cents. The wheat market posted losses across the three markets on Monday. Chicago SRW futures were down 8 to 10 cents in the front months at the close. Preliminary open interest suggested net new...
From
Oliver Sloup
via
Barchart
Grain Markets Drift Lower in the Overnight Trade
Grain markets saw minor selling pressure in the overnight trade but have so far been able to defend support.
From
Malte Humpert
via
gCaptain
Coast Guard Icebreaker ‘Storis’ To Achieve Initial Operating Readiness by August 2025
The U.S. Coast Guard’s new icebreaker Storis appears on track for its first Arctic patrol during the summer of 2025. The vessel is currently undergoing conversion and retrofitting at a Florida shipyard turning the icebreaking anchor handling tug supply vessel (AHTS) Aiviq into the Coast Guard icebreaker Storis.
From
Bloomberg
via
gCaptain
Shippers, Steelmakers Spar Over Trump Levies for Chinese Vessels
US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US.
From
Reuters
via
gCaptain
Boeing, Northrop Grumman Await US Navy Next-Generation Fighter Contract This Week, Sources Say
The U.S. Navy is expected to announce this week who will build its next-generation carrier-based stealth fighter - a program worth hundreds of billions over its lifetime and a key part of plans to confront China, people familiar with the decision said.
From
Austin Schroeder
via
Barchart
Soybeans Close Lower on Monday
Soybean futures settled the Monday session with contracts slipping 1 to 3 cents. CmdtyView’s national front month Cash Bean price was down 2 1/4 cent at $9.47. Soymeal futures were down $1.10 to $2.70/ton in the front months, with Soy Oil futures 13 to 24 points higher at the close....
From
Austin Schroeder
via
Barchart
Wheat Posts Double Digit Losses to Start the Week
The wheat market posted losses across the three markets on Monday. Chicago SRW futures were down 8 to 10 cents in the front months at the close. Kansas City HRW contracts were 10 to 11 cents in the red on the day. MPLS spring wheat was 11 to 13 cents...
From
Austin Schroeder
via
Barchart
Corn Closes on the Green Side of Unchanged
Corn futures ended Monday trade with fractional gains, as contracts were rallying out of the early session weakness. The CmdtyView national average Cash Corn price was up 1/2 cents at $4.29 ¼. The Monday morning Export Inspections report showed a total of 1.463 MMT (57.6 mbu) in corn shipments during...
From
Ben DiCostanzo
via
Barchart
Hogs Falter – Give Back Friday’s gains
Cash Markets work lower pressuring futures
From
Chris Swift
via
Barchart
Shootin' the Bull about buying and selling at the known top
Brand new bets at the top of the market were noted with Friday's large increase in open interest. New longs entered into a position of taking delivery at the highest price futures contracts have ever made. New shorts entered into a position of making delivery at the highest price futures contracts have ever made.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle lower again - Time to Buy the Grains - With Updated Corn Call Spreads
From
Oliver Sloup
via
Barchart
Grain and Livestock Futures Stay Choppy to Start the Week
Grain and livestock markets were mixed to start the week as traders' position into the last full week of trade.