.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
Malte Humpert
via
gCaptain
Trump Port Levies On Chinese Ships Could Mean Billion-Dollar ‘Trade Apocalypse’ Industry Executives Say
The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese vessels. Industry and maritime executives are expected to detail the adverse effect the levy would have on the U.S. economy and global trade as a whole.
From
Austin Schroeder
via
Barchart
Soybeans Pulling Off Early Lows at Midday
Soybeans are showing fractional to penny losses in the front months on Monday, pulling off the early session lows. CmdtyView’s national front month Cash Bean price is down 1 cent at $9.49 ½. Soymeal futures are down $2.40/ton in the front months, with Soy Oil futures 7 points higher at...
From
Austin Schroeder
via
Barchart
Wheat Starting the Week with Losses
The wheat complex is trading with losses across the three markets at midday. Chicago SRW futures are down 8 to 9 cents in the front months on Monday. Kansas City HRW contracts are 8 to 9 cents in the red so far on the day. MPLS spring wheat is 6...
From
Austin Schroeder
via
Barchart
Corn Back to Positive Trade at Midday
The corn market started off Monday trade sputtering, but bulls are pushing higher at midday. Midday price action is steady to 2 cents higher. The CmdtyView national average Cash Corn price is up 1 ¼ cents at $4.31. Export Inspections data showed a total of 1.463 MMT (57.6 mbu) in...
From
Bloomberg
via
gCaptain
Trump Says Nations Buying Venezuela Oil, Gas Face 25% Charge
President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the US.
From
Malte Humpert
via
gCaptain
U.S. Navy Dispatches Second Destroyer to Patrol ‘Southern Border’
Following last week’s deployment of the USS Gravely to the southern border, the U.S. Navy announced the departure of another Arleigh Burke-class guided-missile destroyer to support border operations. USS Spruance...
From
Malte Humpert
via
gCaptain
Maersk and Port of New York and New Jersey Agree on 33-Year Lease Extension
Danish A.P. Moller - Maersk and the Port Authority of New York and New Jersey (PANYNJ) will continue their long-lasting partnership well into the second half of the 21st century. The two companies agreed to extend the lease of the APM Terminals Elizabeth’s lease by 33 years through December 2062. The extension comes several years ahead of the current contract expiring in 2029.
From
Reuters
via
gCaptain
Japan, Korea Would Struggle to fill US Demand for Non-China Shipbuilding, NYK Line Exec Says
U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to impose port fees on China-linked ships, a top Japanese shipping executive said on Monday.
From
Malte Humpert
via
gCaptain
India to Hold Naval Drills With African Nations to Counter China
India will hold naval drills with several African nations, the first maritime exercise of this kind, as it tries to counter China’s assertive presence in the Indian Ocean region.
From
Austin Schroeder
via
Barchart
Soybeans Slipping to Start Monday
The soybean market is kicking off Monday trade with weakness of 3 to 5 cents in the nearbys. Soybean futures posted slight losses on Friday, pulling off the lows into the close to settle with 2 to 4 cent losses. May was 6 ¼ cents lower throughout the week, with...
From
Austin Schroeder
via
Barchart
Wheat Pulling Back Lower on Monday AM Trade
Wheat is trading with losses across the three markets so far on Monday morning. The wheat complex was choppy on the Friday trade, as bulls came out on top to end the session. Chicago SRW futures closed the session with gains of a penny in the nearbys and May up...