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
Ira Breskin
via
gCaptain
Cold Storage Boom: North American Ports Embrace Reefer Revolution
By Ira Breskin BOSTON — The refrigerated cargo/reefer business has emerged as an unexpected port and terminal industry “super star,” speakers said this week here at the annual meeting of...

From
Bloomberg
via
gCaptain
Sanctioned Russian LNG Tankers Frozen Out as West Tightens Grip
By Anna Shiryaevskaya (Bloomberg) — Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the country’s far eastern coast, a sign of the difficulties in finding buyers in the...

From
Barry Parker
via
gCaptain
Why STNG’s Wager on DHT Could Signal a Tanker Market Rebound
By Barry Parker (gCaptain) – In recent months, the froth has come off the prices of tanker shares. In the highly cyclical world of shipping stocks, when this happens companies...

From
Reuters
via
gCaptain
BSEE Tightens Safety Rules as Breakthrough Tech Promises to Unlock Billions in Deepwater Oil Reserves
HOUSTON, Oct 29 (Reuters) – The Bureau of Safety and Environmental Enforcement (BSEE) rolled out new rules for U.S. offshore drillers on Tuesday, as breakthrough technology enables them to operate under extreme subsea pressures and...

From
Austin Schroeder
via
Barchart
Wheat Extending Gains into Wednesday’s Midday
The wheat complex is seeing some strength across all three exchanges so far on Wednesday. Chicago SRW futures are up 4 to 5 cents on the day. KC HRW contracts are 2 to 3 cents higher. MPLS spring wheat is trading with 5 to 6 cent gains. Ahead of the...

From
Austin Schroeder
via
Barchart
Corn Weakness Continuing At Midday Despite Export Business
Corn futures are trading with 1 to 2 cent losses so far on Wednesday after mixed early action. The average close for December corn futures so far in October has been $4.17. That is 49 cents below the February base insurance price. The national average Cash Corn price from cmdtyView...

From
Austin Schroeder
via
Barchart
Soybeans Bouncing Back on Wednesday
Soybeans are posting midday price action of 10 to 13 cents higher on Wednesday. The average close for November soybean futures so far in October is $10.05. That is $1.50 below the February base insurance price. CmdtyView’s national front month Cash Bean price is up 10 3/4 cents at $9.23...

From
Reuters
via
gCaptain
Trump’s China Tariff Plan Could Threaten U.S. LNG Export Boom
HOUSTON, Oct 30 (Reuters) – U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports...

From
Mike Schuler
via
gCaptain
Cargo Ship at Center of International Controversy Over Explosives Shipment to Israel
The German cargo ship MV Kathrin has become the center of a legal battle and global controversy, highlighting the complex interplay of international law, maritime shipping, and geopolitical tensions. The...

From
Bloomberg
via
gCaptain
Europe’s Ailing Diesel Demand to See Boost From New Rule on Shipping Pollution
(Bloomberg) — A new rule aimed at cutting pollution from shipping in the Mediterranean is set to help prop up Europe’s ailing diesel demand. The regulation will result in an increase of...

From
Mike Schuler
via
gCaptain
Maersk Secures New Bio-Methanol Offtake Deal in China, Boosting Green Shipping Efforts
A.P. Moller – Maersk has entered into a long-term bio-methanol offtake agreement with China-based LONGi Green Energy Technology, aiming to reduce greenhouse gas emissions from Maersk’s expanding fleet of dual-fuel...

From
Austin Schroeder
via
Barchart
Soybeans Falls into Tuesday’s Close
Soybeans are trading with 3 to 4 cent gains so far on Wednesday morning, helped by slight strength in bean oil. They faced pressure on Tuesday as contracts were down 3 ¼ to 8 ¾ cents across the board. CmdtyView’s national front month Cash Bean price wawas down 6 3/4...