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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
Darren Carlat
via
Barchart
Sugar calendar spread and a Chicago Wheat calendar spread
Hedge funds added a record 112,500 net long contracts over the past 5 trading days. In addition, net longs have increased over 117,000 contracts over the past 6 weeks. This occurred just as Sugar enters one of the most bearish periods of the year. Sugar prices usually drop during March and April which makes these new purchases vulnerable.
From
Reuters
via
gCaptain
Russian Captain Involved In US Tanker Crash Appears In UK Court
LONDON, March 15 (Reuters) – The captain of a container ship that crashed into a U.S. tanker earlier this week off Britain’s east coast appeared in an English court on Saturday charged with gross...
From
Brady Sidwell
via
Barchart
Tit-for-tat tariffs escalate tensions
Fed FOMC Rate Decision on Wednesday
From
Ben DiCostanzo
via
Barchart
Cattle and Hog Markets Rally To End Week on a Positive Note
Cattle Cash markets continue to show strength
From
Bloomberg
via
gCaptain
Russian Oil Delivery Takes Seven Times Longer After Sanctions
The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on Moscow back in January.
From
Mike Schuler
via
gCaptain
FMC Launches Investigation into Global Maritime Chokepoints Amid Rising Shipping Disruptions
The U.S. Federal Maritime Commission (FMC) has initiated a comprehensive investigation into seven critical maritime chokepoints that are significantly impacting global shipping. The investigation, designated as FMC-2025-0005, will examine transit...
From
Austin Schroeder
via
Barchart
Corn Falls Lower into the Weekend
The corn market closed Friday with front months down 6 to 8 cents in the nearbys as March expired and May dropping 10 ¾ cents on the week. New crop December was down 3 ¼ cents on Friday, with a 4 cent pullback this week. The CmdtyView national average Cash...
From
Austin Schroeder
via
Barchart
Wheat Closes Lower on Friday
The wheat complex posted weaker trade on Friday across the three markets as March Rolled off the board. Chicago SRW was the weaker of the three, down 5 to 6 cents, with May 5 ¾ cents higher on the week. Kansas City HRW contracts were 1 to 2 cents lower...
From
Austin Schroeder
via
Barchart
Soybeans Close Higher on Friday
Soybeans settled the Friday session with 5 to 7 cent gains across most contracts, with March rolling off the board. May futures were down 9 cents this week, with new crop November 7 ½ cents lower. CmdtyView’s national front month Cash Bean price was up 5 1/2 cents at $9.53....
From
Mike Schuler
via
gCaptain
Russian Captain Charged with Manslaughter Following Fatal North Sea Vessel Collision
The captain of the container vessel SOLONG has been charged with gross negligence manslaughter following a collision with an oil tanker that left one crew member presumed dead. Vladimir Motin,...
From
Austin Schroeder
via
Barchart
Soybeans Posting Strength at Midday
Soybeans are trading with contracts 4 to 10 cents higher at midday. CmdtyView’s national front month Cash Bean price is up 4 cents at $9.51 1/2. Soymeal futures are down $1.20/ton in the nearbys, with Soy Oil futures 31 points higher. There were 30 deliveries issued against the expiring March...