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
Chris Swift
via
Barchart
Shootin' the Bull about taking it away quick
Traders knocked out all but $.60 of the past two weeks of higher trading, up to today

From
Mike Schuler
via
gCaptain
Botched Bunkering Leads to 5-Metric-Ton Oil Spill Off Singapore’s Coast
The Maritime and Port Authority of Singapore (MPA) has confirmed a significant bunker fuel spill in Singaporean waters off the coast of Changi. The spill occurred at approximately 5:40 p.m....

From
John Konrad
via
gCaptain
MIT Diplomas, Gala Dinners And Executive Magazine Covers Won’t Save The U.S. Merchant Marine
During this time of the year there are countless self-congratulatory Gala Diners awarding leaders of a failing domestic industry that’s under attack not only in DC but from Houthi missiles...

From
Mike Schuler
via
gCaptain
Nuclear-Powered LNG Carriers: A Potential Game-Changer for Zero-Emission Shipping?
The American Bureau of Shipping (ABS) has released a new report exploring the potential use of advanced nuclear technology in maritime applications, aiming to shed light on the feasibility and...

From
Mike Schuler
via
gCaptain
Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment
Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During the third quarter of 2024,...

From
Austin Schroeder
via
Barchart
Wheat Rallying on Weaker Than Expected Condition Ratings
The wheat complex is seeing some recovered strength across all three exchanges so far on Tuesday. Chicago SRW futures are up 12 to 14 cents on the day. KC HRW contracts are showing gains of 15 to 16 cents. MPLS spring wheat is also posting 15 to 16 gains across...

From
Austin Schroeder
via
Barchart
Soybeans Falling at Tuesday’s Midday
Soybeans are facing some continued weakness on Tuesday, with contracts steady to 4 cents lower so far on the day. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.16. Soymeal futures are down $3/ton in the nearby Dec on the day. Soy Oil is seeing...

From
Austin Schroeder
via
Barchart
Corn Getting a Turnaround Tuesday Bounce
Corn futures are trading with 2 to 3 ½ cent gains at midday on Tuesday. The national average Cash Corn price from cmdtyView is up 3 1/2 cents at $3.82 3/4 per bu. Weekly Crop Progress data showed 81% of the US corn crop was harvested as of October 27,...

From
Mike Schuler
via
gCaptain
Labor Drama or Economic Boom? What’s Really Fueling the Surge in U.S. Container Imports
The ten largest U.S. container ports reported a 10.9% year-over-year increase in inbound volumes in September, marking the twelfth consecutive month of year-over-year growth, though slightly below August’s 19.5% jump,...

From
Reuters
via
gCaptain
Gulf of Maine Offshore Wind Auction is Test for Beleaguered Industry
Oct 29 (Reuters) – President Joe Biden’s administration on Tuesday will kick off a sale of offshore wind development rights for eight areas off the coasts of northern New England, a key test...

From
John Konrad
via
gCaptain
Red Sea Is Now So Dangerous Even NATO Warships Are Avoiding It
by John Konrad (gCaptain) The Red Sea, one of the world’s busiest and most strategically vital waterways, has become so hazardous that even the German Navy is steering clear. Defense...

From
Mike Schuler
via
gCaptain
President Biden Announces $3 Billion Investment in U.S. Ports
President Joe Biden has announced a $3 billion in funding aimed at transforming America’s port infrastructure. The funding will is being provided Environmental Protection Agency Clean Ports grants made available...