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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
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle Break on a Rumor - Grains Sit and Watch
From
Mike Schuler
via
gCaptain
Container Shipping Industry Posts $9.9 Billion Q1 Profit as Red Sea Crisis Impact Wanes
The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while still maintaining historically strong performance....
From
Mike Schuler
via
gCaptain
Three Injured in Engine Room Explosion Aboard Bulk Carrier in New Zealand
Three crew members were injured following an explosion or flashback while working on a boiler in the engine room of the Malta-registered bulk carrier M/V Olivia at South Port in...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Tuesday
The wheat complex is posting losses out of the long weekend. Chicago SRW futures are down 13 to 14 cents as the market trades through midday. The Kansas City HRW contracts are facing losses of 14 to 15 so far on the Tuesday session. Minneapolis spring wheat futures are trading...
From
Austin Schroeder
via
Barchart
Soybeans Showing Slight Midday Strength
The soybean market posting fractional to 2 cent gains across most contracts on Tuesday. The cmdtyView Cash Bean price is up 3 cents to $10.14. Soymeal futures are 40 cents/ton higher on the day, with Soy Oil futures up 17 points. Weekly Export Inspections data tallied soybean shipments at just...
From
Austin Schroeder
via
Barchart
Corn Facing Midday Losses
Corn futures are down a penny in the nearby July contract, with others down 4 to 5 for new crop. Spillover pressure from wheat is weighing on the market. The front month CmdtyView national average Cash Corn price is down 3/4 cent at $4.32. Export Inspections data showed a total...
From
Mike Schuler
via
gCaptain
Trump Warns Putin “Playing with Fire”
In the wake of Russia’s largest aerial assault of the Ukraine war, U.S. President Donald Trump issued stark warnings to Vladimir Putin, saying the Russian leader has “gone absolutely CRAZY”...
From
Bloomberg
via
gCaptain
India Races to Contain Oil Spill From Sunken Containership MSC ELSA 3
Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to contain the environmental damage, the defense ministry said in a statement a day after the incident.
From
Mike Schuler
via
gCaptain
US-China Trade Tensions and Shadow Fleet Pose Growing Risks to Maritime Industry, Allianz Reports
Despite reaching record-low vessel losses in 2024, the maritime industry faces mounting challenges from geopolitical tensions and an expanding shadow fleet, according to Allianz Commercial’s latest Safety and Shipping Review....
From
Mike Schuler
via
gCaptain
IMO Charts Course for Zero Emissions, But Can Shipping Keep Up?
The International Maritime Organisation’s (IMO) ambitious new policy measures are set to transform the shipping industry’s approach to fuel consumption and emissions, though success hinges on proper incentivization and penalty...
From
Mike Schuler
via
gCaptain
Panama Tightens Ship-to-Ship Oil Transfer Rules in Bid to Combat Shadow Fleet Operations
Panama has implemented stringent new requirements for ship-to-ship (STS) oil transfer operations involving vessels under its flag, marking a significant step in its efforts to combat sanctions evasion and illicit...