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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
Majority of Americans Support Domestic Shipbuilding as National Security Priority, New Poll Reveals
A new poll released today reveals overwhelming support among Americans for strengthening domestic shipbuilding capabilities, with 72% agreeing that the United States must reduce dependence on foreign ship manufacturers. The...
From
Austin Schroeder
via
Barchart
Corn Giving Back Thursday Gains with Midday Friday Losses
Corn futures are trading with weakness on Friday, as contracts are down 2 to 6 cents at midday. Futures are falling back after the strength on Thursday. The CmdtyView national average Cash Corn price was back down 5 3/4 cents at $4.27 1/4. Export Sales data from Thursday morning showed...
From
Austin Schroeder
via
Barchart
Soybeans Facing Losses on Friday
The soybean market is trading with Friday losses of 5 to 7 cents across most contracts at midday. CmdtyView’s national front month Cash Bean price is back down 6 3/4 cents at $9.45 ½. Soymeal futures are up $1.70/ton, as Soy Oil futures are down 64 points on the day....
From
Austin Schroeder
via
Barchart
Wheat Showing Mixed Friday Trade
The wheat complex is facing mixed action on Friday after early strength, with KC trying to lead the way higher. Chicago SRW futures are showing fractional losses at midday on Friday. Kansas City HRW contracts are trading with gains on Friday, up 1 to 2 cents in the front months....
From
The Loadstar
via
gCaptain
USTR Tariff Could Scuttle ACL’s U.S. Operations, CEO Warns
Niche transatlantic carrier Atlantic Container Line (ACL) has warned it would have to exit the trade if the US Trade Representative (USTR) enforces its proposed 301 rule on Chinese-built ships.
From
Mike Schuler
via
gCaptain
Wallenius Wilhelmsen Reports Record-Breaking 2024
Global shipping and logistics giant Wallenius Wilhelmsen delivered record financial results for 2024, with net profit reaching US $1.06 billion, marking a significant increase from $967 million in 2023. The...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Offloads Over $500 Million in Cocaine, Marijuana from Eastern Pacific Seizures
The U.S. Coast Guard Cutter Stone has completed a major drug interdiction operation in the Eastern Pacific Ocean, offloading approximately 45,600 pounds of illicit narcotics valued at over $517.5 million...
From
Oliver Sloup
via
Barchart
The Sideways Trade in Grains Continues
Grain markets remain mostly rangebound. These are the levels to watch for a potential trend change.
From
Austin Schroeder
via
Barchart
Wheat Sneaking Back Higher on Friday Morning
Wheat is showing early gains so far on Friday morning. The wheat complex faced weakness on Thursday following a weak Export Sales report. Chicago SRW futures fell back 6 to 7 cents on the day. Preliminary open interest was up 4,254 contracts. Kansas City HRW contracts were down another 7...
From
Austin Schroeder
via
Barchart
Soybeans Weaker on Friday Morning
Soybeans are trading with 2 to 3 cents in the red so far in early Friday trade. The soybean market posted Thursday gains of as little as fractionally in the new crop contracts to 5 cents in some nearbys. Preliminary open interest was up 14,050 contracts on Thursday, mainly in...
From
Austin Schroeder
via
Barchart
Corn Slipping Back Early on Friday
Corn price action so far on Friday morning is down fractionally to 2 cents. Futures closed the Thursday session with contracts up 6 to 7 cents in the front months, as new crop December tagged along, up 1 ½ cents. Preliminary open interest showed a rotation of ownership, down just...
From
Bloomberg
via
gCaptain
Houthi Attack Pause Lets Europe Get More Fuel Via Suez for Now
By Prejula Prem Mar 21, 2025 (Bloomberg) –A pause in Houthi attacks on commercial shipping has seen fuel traders import more cargoes into Europe via Egypt’s Suez Canal. It remains to...