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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
Mike Schuler
via
gCaptain
Containership MSC ELSA 3 Sinks Off Indian Coast, All 24 Crew Rescued
The Liberian-flagged containership MSC ELSA 3 sank off the coast of Kochi, India, following a severe list that developed approximately 38 nautical miles southwest of the port. The incident began...
From
Reuters
via
gCaptain
Greek Court Charges 17 Coast Guard Officers Over 2023 Migrant Shipwreck
ATHENS, May 23 (Reuters) – A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years ago, in which hundreds of people are believed...
From
Reuters
via
gCaptain
North Korea Detains Officials Over Warship Accident
SEOUL, May 25 (Reuters) – North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new warship, state media said on Sunday. The failed launch that crippled...
From
Reuters
via
gCaptain
Panama-Flagged Vessels Must Notify Authority Of Ship-To-Ship Transfers
By Elida Moreno PANAMA CITY, May 23 (Reuters) – Panama’s Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of...
From
Reuters
via
gCaptain
US Regulators Greenlight Construction Of Venture Global CP2 LNG Plant In Louisiana
By Curtis Williams HOUSTON, May 23 (Reuters) – U.S. regulators have given Venture Global VG.N permission to proceed with construction of its CP2 liquefied natural gas (LNG) plant in Louisiana, a FERC document showed on Friday....
From
Brady Sidwell
via
Barchart
Weaker US$, weather could spur grain bulls after holiday
Markets closed Monday; grains re-open Mon night
From
Jim Roemer
via
Barchart
What does short covering mean in commodities? & How is weather influencing the grain market?
Jim’s MUST WATCH video covers what you need to know about grain market weather in the months to come
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed into the Long Weekend
The wheat complex closed mixed across the three markets, with the spring wheat the strongest. Chicago SRW futures were 2 to 3 cents lower on the day, with July rallying up 17 ½ cents this week. The Kansas City HRW contracts closed 1 to 2 cents in the red, as...
From
Austin Schroeder
via
Barchart
Soybeans Hold onto Weekly Gains Despite Weaker Friday Action
Soybean futures closed out Friday with contracts down 4 to 7 ¼ cents, as July was still up 10 ¼ cents this week. November saw a 15 cent pop since last Friday. The cmdtyView Cash Bean price was down 7 1/4 cents to $10.11. Soymeal futures were $2.20-2.40/ton lower on...
From
Austin Schroeder
via
Barchart
Corn Corrects Lower into Long Weekend
Corn futures fall back from the weekly strength, as the tariff news gave the bulls an excuse to take some money off the table ahead of the three-day weekend. Contracts were down 2 to 4 cents, as July was up 16 cents this week, and December rallies 15 ¼ cents....
From
Ben DiCostanzo
via
Barchart
Cattle Neutral and Feeders Higher in Front of Cattle on Feed Report, Hogs Trade Lower
Cattle Markets drift in front of Cattle on Feed, while Hogs work lower