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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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For detailed updates and additional resources, explore our resources section.
From
Malte Humpert
via
gCaptain
Polar Icebreakers May Be Key to Jumpstarting American Shipbuilding New Report Finds
The recently-signed ICE Pact, focused on the development of icebreakers, represents a unique opportunity to revitalize American shipbuilding, a new report by the Wilson Center, a think tank, finds. It could function as a test-bed for shipbuilding and policy innovation.
From
Jim Wyckoff
via
Barchart
Don’t Miss This Buying Opportunity in July Spring Wheat Futures. Here Are the Price Levels to Watch Today.
Extreme weather conditions could catalyze price action in July SRW futures.
From
Jim Roemer
via
Barchart
Looming trade wars plus increasing wheat crop problems mean the market has bottomed
(ZWN25) (KEN25) (WEAT) (TAGS) (DBA) (ZCN25) (CORN) (ZSN25) (SOYB) “Looming trade wars plus increasing wheat crop problems mean the market has bottomed” by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter Monday Evening Report - March 17,...
From
Austin Schroeder
via
Barchart
Wheat Higher to Start Tuesday as State Conditions Decline
Wheat futures are trying to continue strength on Tuesday morning, with marginal gains across much of the board. The wheat market posted a double-digit rally across the three exchanges on Monday. Chicago SRW closed with gains of 11 to 12 cents at the session close. Kansas City HRW contracts settled...
From
Austin Schroeder
via
Barchart
Corn Slipping Back Lower to Start Tuesday
Corn futures are leaking lower this morning, down 1 to 3 cents in the nearby on Tuesday AM trade. The corn market saw gains across much of the the board on Monday, with nearby contracts up 2 to 3 cents at the close. The CmdtyView national average Cash Corn price...
From
Austin Schroeder
via
Barchart
Soybeans Marginally Higher to Kick Off Tuesday
The soybean market is trading with contracts up 1 to 3 cents so far on Tuesday. Futures posted mixed action on Monday, with front months losses limited to fractional and new crop gains of steady to 2 cents higher. CmdtyView’s national front month Cash Bean price is down 1/4 cents...
From
Bloomberg
via
gCaptain
China Halts US LNG Imports as Trade War Reroutes Deliveries
China hasn’t imported liquefied natural gas from the US for 40 days, the longest gap in almost two years, as traders are forced to divert shipments elsewhere to avoid Beijing’s tariffs on the super-chilled fuel.
From
Oliver Sloup
via
Barchart
A Choppy Grain Trade Creates Opportunity
Grain markets have been choppy to start the week, offering a little something for participants on both sides of the markets. Is a choppy trade going to remain the trend through the remainder of the month?
From
Reuters
via
gCaptain
Russian Oil Cargo Transferred From Sanctioned Tankers Discharged Into China, Data Shows
A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a Chinese port, shiptracking data shows, ending an unusual month-long voyage highlighting the efforts of producers and traders to keep Moscow's oil flowing despite tightened curbs.
From
Darin Newsom
via
Barchart
What Market Took the Spotlight Overnight Through Early Tuesday Morning?
Volatility is back in the spotlight early Tuesday morning, evident in the continued climb of the gold markets and discrepancy seen in the Grains sector.
From
Jim Roemer
via
Barchart
Looming trade wars plus increasing wheat crop problems mean the market has bottomed
(ZWN25) (KEN25) (WEAT) (TAGS) (DBA) (ZCN25) (CORN) (ZSN25) (SOYB) “Looming trade wars plus increasing wheat crop problems mean the market has bottomed” by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter Monday Evening Report - March 17,...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
It is Time To Be Long The Grain Markets - Prepare For A Cattle Pullback