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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
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
Austin Schroeder
via
Barchart
Corn Starting Wednesday with Fractional Losses
Corn prices are showing fractionally lower trade so far on Wednesday morning. Futures closed out the Tuesday trade session with contracts steady to 3 cents higher across the board, led by the front months. The national average Cash Corn price from cmdtyView was up 3 1/2 cents at $3.82 3/4...
From
Austin Schroeder
via
Barchart
Wheat Pulling Back on Wednesday
Wheat futures are facing weakness so far on the Wednesday morning session. The wheat complex posted some recovered strength across all three exchanges on Tuesday. Chicago SRW futures were up 6 to 11 3/4 cents on the day. KC HRW contracts posted gains of 11 3/4 to 13 cents. MPLS...
From
Oliver Sloup
via
Barchart
Grain Markets Mixed in the Early Morning Trade
It's been a mixed bag in the overnight trade between corn, beans, and wheat. Here are a few things we are keeping an eye on in today's trade.
From
Eugene Graner
via
Barchart
Cattle are Waving Red Flags
Cattle are throwing up warning sings, today was a red flag day for these warnings.
From
Austin Schroeder
via
Barchart
Wheat Rallies on Weaker Condition Ratings
The wheat complex posted some recovered strength across all three exchanges on Tuesday. Chicago SRW futures were up 6 to 11 3/4 cents on the day. KC HRW contracts posted gains of 11 3/4 to 13 cents. MPLS spring wheat was 9 to 12 cents higher across the board. The...
From
Austin Schroeder
via
Barchart
Soybeans Falls into Tuesday’s Close
Soybeans 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 cents at $9.12. Soymeal futures were down 70 cents $3/ton on the day. Soy Oil saw some recovery, with 4 to...
From
Austin Schroeder
via
Barchart
Corn Sees Turnaround Tuesday Bounce
Corn futures closed out the Tuesday trade session with contracts steady to 3 cents higher across the board, led by the front months. The national average Cash Corn price from cmdtyView was up 3 1/2 cents at $3.82 3/4 per bu. The average close for December corn futures so far...
From
Sean Lusk
via
Barchart
Grain Spreads: Hedge Ideas Corn, Soybeans
450 May Corn, 10.00 Soybeans Eyed
From
Mike Schuler
via
gCaptain
Biden Just Announced $3B to Clean Up America’s Ports — Here Are Some of the Key Projects Getting Funding
The U.S. Environmental Protection Agency (EPA) on Monday announced the allocation of nearly $3 billion to fund 55 zero-emission projects at ports across the country. These projects, supported by the...
From
John Konrad
via
gCaptain
MIT Diplomas, Gala Dinners And Executive Magazine Covers Won’t Save The U.S. Merchant Marine
Why aren’t labor leaders willing to fight for our survival in increasingly dangerous seas? by Captain John Konrad (gCaptain OpEd) Adam Vocak, president of the Marine Engineers’ Beneficial Association (MEBA),...
From
Oliver Sloup
via
Barchart
Tuesday Provided a Mixed Trade for Grain and Livestock Markets
Corn and wheat were higher in Tuesday's trade while beans struggled. Cattle futures gave background while lean hogs powered to new contract highs.
From
Reuters
via
gCaptain
Election Jitters, Industry Headwinds Undermine Biden’s Final Offshore Wind Auction
By Nichola Groom Oct 29 (Reuters) – A U.S. auction of offshore wind development rights in the Gulf of Maine on Tuesday drew bids for only half of the eight offered leases, for a...