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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
Mike Schuler
via
gCaptain
Navy Collision During Replenishment Draws Attention to Complex At-Sea Operations
The Arleigh Burke-class guided missile destroyer USS Truxtun (DDG-103) and the fast combat support ship USNS Supply (T-AOE-6) collided during a replenishment-at-sea operation in the Caribbean on Tuesday afternoon, according to U.S. Southern Command.
From
Mike Schuler
via
gCaptain
Maersk’s Record-Setting Dual-Fuel Containership Goes LEGO
The Danish toy giant LEGO is set to launch a new collector’s set celebrating Maersk’s methanol-powered flagship, Ane Maersk. The Maersk Dual-Fuel Container Vessel (40955) hits shelves on March 1, bringing the world’s first...
From
Reuters
via
gCaptain
Mexican Ships Deliver Food and Supplies to Cuba as Island Faces U.S. Fuel Supply Crackdown
Two Mexican-flagged ships delivered 814 tons of humanitarian aid to Havana Harbor on Thursday, defying U.S. pressure after Washington threatened tariffs on countries supplying oil to Cuba. Mexico halted oil shipments in January but pledged food assistance.
From
Mike Schuler
via
gCaptain
CK Hutchison Escalates Legal Battle Over Panama Ports Ruling
Hong Kong-based CK Hutchison has escalated a legal fight over its Panama Canal port concessions, triggering treaty arbitration and raising uncertainty over operations at the Balboa and Cristobal terminals as Panama advances plans for a forced transition.
From
Mike Schuler
via
gCaptain
Fatal German Bight Ship Collision Was ‘Wholly Avoidable,’ MAIB Says
Five sailors are dead because no one acted in time. A final investigation into the German Bight collision that sank the cargo ship Verity finds basic collision rules were ignored, decisive maneuvers were delayed, and shore-side intervention came too late to stop a preventable tragedy.
From
Mike Schuler
via
gCaptain
Navy Collision During Replenishment Draws Attention to Complex At-Sea Operations
The Arleigh Burke-class guided missile destroyer USS Truxtun (DDG-103) and the fast combat support ship USNS Supply (T-AOE-6) collided during a replenishment-at-sea operation in the Caribbean on Tuesday afternoon, according to U.S. Southern Command.
From
Mike Schuler
via
gCaptain
HMM Remains Profitable in 2025 Despite Global Freight Rate Collapse
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates collapsed across major trade lanes and several global rivals slipped into losses.
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From
Austin Schroeder
via
Barchart
Corn Closes Friday with Gains to Close Near Steady on the Week
Corn posted gains of 3 to 6 cents across most contracts on Friday. After a down then up week, May closed the week with just a ¼ cent loss. New crop December was down ¾ cent. CmdtyView’s national average Cash Corn price was up 5 1/2 cents at $4.29. CFTC...
From
Ben DiCostanzo
via
Barchart
Cattle Markets Surge on Strong Cash and Hogs Work Higher
Live Cattle Cash trades higher surprising Futures traders
From
Chris Swift
via
Barchart
Shootin' the Bull about fundamental changes
A great change is believed to have taken place this week. That being, the basis is shifting from months of being positive, (cash leads the way), to now a negative basis, suggesting great expectations for future prices.
From
Sean Lusk
via
Barchart
Grain Spreads: Wheat Ends with a Whimper
Short Covering Only Takes Price So Far
From
Oliver Sloup
via
Barchart
A Recap of This Week's Choppy Trade
Tariff talk kept markets moving this week with ride trading ranges in grain and livestock markets. Is this the new norm?
From
Oliver Sloup
via
Barchart
This Week at the Chicago Board of Trade EP 2
Dan and Oliver share their outlook and confusion over this week's trading environment on a volatile Friday. Confusion and a lack of clarity regarding tariffs and trade have been the running theme this week. Watch here as the team talks through their own views and outlook on this environment.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Crazy Cattle Markets - Tariff Trouble Coming?
From
Mike Schuler
via
gCaptain
Seaspan Shipyards Awarded Shipbuilding Contract for Heavy Polar Icebreaker for Canadian Coast Guard
North Vancouver-based Seaspan Shipyards has secured a contract to construct a new heavy polar icebreaker for the Canadian Coast Guard (CCG). The vessel, representing the first polar icebreaker built in...
From
Reuters
via
gCaptain
CMA CGM Considering Building Containerships in U.S., CEO Says
CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group's CEO Rodolphe Saade told Les Echos newspaper.
From
Mike Schuler
via
gCaptain
U.S. National Hurricane Center Delivered Its Most Accurate Forecasts Ever in 2024
The National Hurricane Center (NHC) achieved unprecedented accuracy in hurricane track forecasting during the 2024 Atlantic hurricane season, according to a preliminary forecast verification review by the National Weather Service....
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower at Midday
The soybean market is showing weakness in the front months on Friday down 4 cents, with new crop up 2 cents. The cmdtyView national front month Cash Bean price is down 4 cents at $9.58 3/4. Soymeal futures were up 20 cents/ton on the day, with Soy Oil futures 14...
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower on Friday
Wheat is posting slightly lower trade so far on Friday across the three exchanges. Chicago SRW futures are showing losses of 2 to 3 cents, with front month March slightly higher. KC HRW futures are down 3 to 4 cents across most front months. MPLS spring wheat is down 3...