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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 Sneaking Higher on Tuesday AM
Corn prices are showing fractional gains across the front months so far on Tuesday morning. Futures closed out the Monday session with contracts heading down ½ to 4 ½ cents across the board, led by the nearbys. Preliminary open interest saw net new selling across most contracts, with exception to...
From
Austin Schroeder
via
Barchart
Soybeans Trying to Lean into Turnaround Tuesday
Soybeans are showing 1 to 2 cent gains to kick off Tuesday trade. They fell into the Monday close, as contracts were down 10 ¼ to 13 ¾ cents across the board. Preliminary open interest showed net new selling across most contracts, with all but the Nov up 18,041 contracts....
From
Austin Schroeder
via
Barchart
Wheat Mostly Higher in Tuesday AM Trade
Futures are starting Tuesday with gains across the three markets. The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10...
From
Oliver Sloup
via
Barchart
Grain Markets Gain Ground Overnight
Grain markets had a tough start to the week but are finding some strength in the overnight and early morning trade.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock Higher and Grains Lower - For Now...
From
Ben DiCostanzo
via
Barchart
Hogs Continue Higher, Make New Contract High
Cash Markets strong, propel Hogs higher
From
Austin Schroeder
via
Barchart
Wheat Posts Monday Losses
The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10 ¾ cents. MPLS spring wheat posted losses of 6 to...
From
Austin Schroeder
via
Barchart
Corn Pressured Lower on Monday
Corn futures closed out the Monday session with contracts heading down ½ to 4 ½ cents across the board, led by the nearbys. The market was feeling a risk off mode across the commodities with $3.81/barrel losses in crude oil. The national average Cash Corn price from cmdtyView was down...
From
Austin Schroeder
via
Barchart
Soybeans Fall on Bean Oil Pressure
Soybeans fell into the Monday close, as contracts were down 10 ¼ to 13 ¾ cents across the board. CmdtyView’s national front month Cash Bean price was down 13 1/4 cents at $9.19. Soymeal futures were down 90 cents to $1.70/ton on the day. Soy Oil got some pressure from...
From
Mike Schuler
via
gCaptain
Wallenius Wilhelmsen Inks $766M Green Transport Agreement with Major Equipment Manufacturer
Wallenius Wilhelmsen has inked a five-year agreement with a “leading manufacturer” of agriculture, forestry, and roadbuilding equipment. The deal, set to commence on December 1, 2024, is valued at approximately...
From
Bloomberg
via
gCaptain
Albania Seizes Smuggled Hazardous Waste Containers That Set Off Global Outcry
By K. Oanh Ha (Bloomberg) — Albanian prosecutors ordered that containers filled with suspected hazardous industrial waste be seized after the cargo was forced to return to Europe from Southeast Asia. The prosecutors’...
From
Don Dawson
via
Barchart
Buy This Dividend Yielding and 130% 5-year Return Stock After the Corn Harvest in October
Equity traders often overlook seasonality (market cycles). Commodity traders are well aware of the significance that seasonal patterns play. Here is an opportunity for equity traders to capitalize on a seasonal pattern in the corn market that has helped to create an astonishing 130% 5-year return for this company. As a bonus, this company pays a dividend. Buy in October and come back after Memorial Day.