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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
Mike Schuler
via
gCaptain
Mexico Rushes Oil Tanker to Cuba as Island’s Energy Crisis Worsens
By Marianna Parraga and Adriana Barrera HOUSTON/MEXICO CITY, Oct 28 (Reuters) – A tanker carrying about 400,000 barrels of oil departed from Mexico’s Pajaritos port and was on Monday en route to Cuba, where...
From
Angie Setzer
via
Barchart
Global Corn Dynamics: Surging US Export Demand, Smaller Supplies And A China Wildcard
Taking a look at what is happening in the corn market and why big demand for US corn is likely to continue with or without China.
From
Chris Swift
via
Barchart
Shootin' the Bull about holding the line
Futures traders continue hold the line. In all honesty, they have to. Speculators and funds have piled on new positions last week in an approximate $3.00 range. At the same time, it is believed cattle feeders marketed inventory within that $3.00 range.
From
Mike Schuler
via
gCaptain
Merchant Vessel Targeted in Multiple Attacks in Bab-el-Mandeb Strait
A merchant vessel faced repeated attacks while transiting through the strategic Bab-el-Mandeb Strait on Monday, underscoring the continued maritime security risks in the region. The United Kingdom Maritime Trade Operations...
From
Mike Schuler
via
gCaptain
Mitsubishi’s New Satellite Tech Uses AI to Unmask ‘Dark Ships’ at Sea
Mitsubishi Heavy Industries (MHI) Group is set to deploy an innovative satellite system that combines cutting-edge artificial intelligence with space technology to combat the growing threat of “dark ships” on...
From
Reuters
via
gCaptain
Philippines Banks on U.S. Backing in South China Sea—No Matter Who Wins in November
MANILA, Oct 28 (Reuters) – The Philippines is confident in the continuity of U.S. policies in the Asia-Pacific region after the U.S. presidential election and the two countries’ ties will remain strong regardless of...
From
Austin Schroeder
via
Barchart
Wheat Posting Midday Monday Losses
The wheat complex is continuing lower across all three exchanges at we trade through Monday. Chicago SRW futures are down 5 to 6 cents. KC HRW contracts are trading with 6 to 7 cent losses. MPLS spring wheat is posting losses of 4 to 6 cents. Rains are making their...
From
Austin Schroeder
via
Barchart
Corn Weakness Pushes into Midday
Corn futures are trading with 3 to 4 cent losses so far on Monday, as the market is feeling a risk off mode with $4/barrel losses in crude oil. The national average Cash Corn price from cmdtyView is down 3 cents at $3.80 1/2 per bu. USDA reported private export...
From
Austin Schroeder
via
Barchart
Soybeans Heading Lower, with Bean Oil Pressure
Soybeans are trading with losses of 5 to 7 cents at Monday’s midday. CmdtyView’s national front month Cash Bean price is down 6 1/2 cents at $9.26 1/2. Soymeal futures are down $1.70/ton so far on the day. Soy Oil is getting some pressure from the $4 losses in Crude...
From
Reuters
via
gCaptain
Britain’s Pacific Pivot: Starmer’s Bold Plan to Counter China’s Maritime Moves
(Bloomberg) — The UK plans to step up its naval activity in the Pacific, including more joint fishing patrols, as Prime Minister Keir Starmer seeks to show support for US-led...
From
Mike Schuler
via
gCaptain
60 Minutes’ Dark Fleet Special: How Sanctions-Busting Oil Trade Keeps the Kremlin Afloat
In a twist that has left Western policymakers scratching their heads, Russia’s economy has defied expectations and sanctions alike, growing at a rate that outpaces both the United States and...