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
Davie Adds Six Canadian Icebreakers to Growing Arctic Shipbuilding Portfolio
Davie Shipbuilding has formally secured a US $8 billion fixed-price contract to build six new icebreakers for the Canadian Coast Guard, providing new details on one of the largest pieces...

From
Mike Schuler
via
gCaptain
CMA CGM Joins $434 Million Expansion of Saudi Arabia’s Jeddah Port
Red Sea Gateway Terminal and CMA CGM Group have agreed to invest an initial $434 million to develop a new container terminal at Saudi Arabia’s Jeddah Islamic Port, adding up...

From
Mike Schuler
via
gCaptain
Ocean Winner Sinking Leaves 22 Seafarers Missing in Bay of Bengal
Twenty-two seafarers remain missing after the Panama-flagged bulk carrier Ocean Winner sank in the Bay of Bengal, triggering a major search and rescue operation involving the Indian Coast Guard and passing merchant...

From
Mike Schuler
via
gCaptain
Canada’s West Coast Ports Eye Bigger Role as Trade Shifts Beyond U.S.
Canada’s largest West Coast ports are positioning themselves for a bigger role in the country’s push to diversify trade away from the United States, with a new study highlighting the...

From
Mike Schuler
via
gCaptain
Great Lakes Ports and Shipyards Formalize Partnership on U.S. Shipbuilding
he American Great Lakes Ports Association (AGLPA) and the Great Lakes Alliance of Shipyards (GLAS) have signed a new agreement aimed at strengthening shipbuilding, port infrastructure and maritime commerce across...

From
Reuters
via
gCaptain
Up to 70 Ships Queue Off Danube as Bottlenecks Slow Ukraine Grain Exports
Up to 70 vessels are waiting near the Danube's Sulina Canal for access to Ukrainian ports to load grain for export, traders and analysts said on Wednesday, with a shortage of pilots and priority given to other cargoes creating long delays.

From
Lori Ann LaRocco
via
gCaptain
Panama Canal Chief: ‘Every Drop of Water Counts’ as Prolonged El Niño Looms
The Administrator of the Panama Canal is warning that the upcoming El Niño season will be longer and is taking the necessary precautions now to conserve water.
“What we see in the future is a very, very low level of precipitation,” said Ricaurte Vasquez, Administrator of the Panama Canal. “We have to look at how long this event is going to last. We anticipate that it's going to last about eight months.”
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Mike Schuler
via
gCaptain
U.S. Fines Mexican Shipping Company $1.75 Million for Pollution Cover-Up
In the latest case in the United States’ ongoing crack down against marine pollution, Mexico-based shipmanager Gremex Shipping S.A. has been sentenced for deliberately concealing illegal discharges of oily bilge...

From
Austin Schroeder
via
Barchart
Wheat Weakens on Thursday
Wheat is trading through the Thursday session with losses across the three exchanges. Chicago SRW futures are down 7 to 8 cents on the day. KC HRW contracts are 10 to 11 cents lower across most contracts. MPLS spring wheat is down 7 to 9 cents in the session. Forecasts...

From
Austin Schroeder
via
Barchart
Corn Seeing Steady Trade on Thursday
Corn futures are trading steady to a penny lower across most contracts at Thursday’s midday. Preliminary open interest showed net new selling interest, up a total of 12,811 across most contracts. The national average Cash Corn price from cmdtyView is down 1 3/4 cents at $3.79 per bu. The average...

From
Austin Schroeder
via
Barchart
Soybeans Holding Slight Gains at Midday
Soybeans are showing 1 to 2 cent higher trade so far on Thursday. First notice day for November soybean futures is today, with a total of 97 deliveries issued. Wednesday’s preliminary open interest showed net new buying across most with exception of the November contract, up 17,871 contracts leaving out...

From
Bloomberg
via
gCaptain
Dirty Fuel’s Big Comeback: HSFO Prices Spike as Ships Reroute from Red Sea Risks
(Bloomberg) — One of the dirtiest corners of the global oil market is staging a spectacular rally, boosted by surging demand from ships sailing longer voyages to avoid unrest in...

From
Reuters
via
gCaptain
Finland Warns of Russia’s Satellite Jamming and Tanker Spoofing in Baltic Sea
HELSINKI, Oct 31 (Reuters) – Finland’s Coast Guard said it has detected constant disturbances to satellite navigation signals in the Baltic Sea since April and in recent weeks has seen tankers spoofing...

From
Reuters
via
gCaptain
MOL Left in The Cold: Sanctions Jeopardize Arctic LNG 2 Tanker Charters
TOKYO, Oct 31 (Reuters) – Japan’s Mitsui O.S.K. Lines (MOL) may be unable to deliver tankers for Russia’s sanctions-hit Arctic LNG 2 project, it said on Thursday, in a blow to the plant that only...

From
Reuters
via
gCaptain
Sanctions, Smuggling, and Soccer Fixing? Shipping Magnate Marinakis Faces Off with Greek Rival in High-Stakes Libel Case
LONDON, Oct 31 (Reuters) – Evangelos Marinakis, a Greek shipping magnate and owner of English Premier League soccer club Nottingham Forest, was on Thursday accused of trying to fix a Greek soccer match,...

From
Mike Schuler
via
gCaptain
Huge Crane-Laden Ship Wrecks in Taiwan Just Weeks After Taking Out Port Cranes
A China-registered heavy-lift vessel that had previously involved in an accident at Taiwan’s Keelung Port just two weeks ago, has now run aground along the coast of Taiwan after battling...

From
Mike Schuler
via
gCaptain
Maersk Rides Wave of Strong Demand and Red Sea Disruptions
A.P. Moller – Maersk, the global shipping giant, has reported strong third-quarter performance, driven by strong container market demand and ongoing instability in the Red Sea. On Thursday, the company...

From
Austin Schroeder
via
Barchart
Wheat Lower to Kick Off Thursday Trade
Wheat is starting the Thursday session with losses. The wheat complex got some later day weakness but held gains across all three exchanges on Wednesday. Chicago SRW futures were up 2 3/4 to 9 cents on the day. KC HRW contracts were 1 1/4 to 4 cents higher across most...

From
Austin Schroeder
via
Barchart
Corn Slipping with Fractional Thursday AM Losses
Corn prices are showing fractional losses on Thursday morning. Futures ended the Wednesday session with contracts mixed across the board, but nearbys leading the weakness, down ½ to 2 ¼ cents. Preliminary open interest showed net new selling interest, up a total of 12,811 across most contracts. The average close...