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
Maritime Industry on Edge as Russia Intensifies Attacks on Ukraine’s Black Sea Grain Corridor
In a dangerous escalation of the Ukraine conflict, Russia has intensified strikes on key Black Sea ports, posing a critical threat to global food security and the international shipping industry....

From
Austin Schroeder
via
Barchart
Corn Extending Gains with Export Business
Corn futures are trading with 3 to 4 cent gains across the nearbys on Thursday. Preliminary open interest rose 19,894 contracts, indicating new buying. The national average Cash Corn price from cmdtyView is up 3 1/2 cents at $3.89 1/2 per bu. The average close for December corn futures so...

From
Austin Schroeder
via
Barchart
Wheat Mixed on Thursday
The wheat complex is showing mixed trade across the three markets on Thursday. Chicago SRW futures are 1 to 2 cents higher on the day. KC HRW contracts are down 1 to 2 cents on the session. MPLS spring wheat is trading with fractional to 1 cent losses. Weekly Export...

From
Austin Schroeder
via
Barchart
Soybeans Holding Gains on Thursday
Soybeans are trading with gains of 4 to 6 cents on Thursday so far. Preliminary open interest from Wednesday showed net new buying across most contracts, up 16,317 contracts cross all but the November contract, which was another exodus of 21,481 contracts ahead of Friday’s options expiration. The average close...

From
Bloomberg
via
gCaptain
Dark Fleet Oil Tanker ‘Ceres 1’ Involved in Collision Heads to China
(Bloomberg) — A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to China. Ceres I, an aging very-large crude carrier...

From
Reuters
via
gCaptain
New Zealand Military Eyes Patrol Ship to Replace Dive Vessel That Sank
WELLINGTON, Oct 24 (Reuters) – New Zealand is looking to return to operation one of its idled offshore patrol vessels after a specialist dive ship sank this month, a defense spokesperson said on Thursday. The Manawanui,...

From
Bloomberg
via
gCaptain
How Russia’s Ice-Class Ship Shortage Could Sink Its Arctic Ambitions
(Bloomberg) — Russia is facing a deficit of ice-class cargo vessels for its gigantic Northern Sea Route project as the nation cannot build the fleet on its own, according to...

From
Mike Schuler
via
gCaptain
U.S. Army’s Watercraft Fleet in Crisis: Government Watchdog Reveals Less Than 40% of Vessels Are Ready For Action
In a scathing report released by the U.S. Government Accountability Office (GAO), the U.S. Army’s watercraft fleet has been found to be in dire straits, with less than 40% of...

From
Mike Schuler
via
gCaptain
U.S. Coast Guard Returns from the Frontlines of the War on Smuggling with $115M Drug Haul
The crew of the U.S. Coast Guard Cutter Resolute has offloaded approximately 9,690 pounds of cocaine and 5,490 pounds of marijuana at their homeport in St. Petersburg, marking a major...

From
Austin Schroeder
via
Barchart
Wheat Weakness Showing Up on Thursday Morning
Wheat futures are trading with Thursday AM weakness. The wheat complex saw mixed action across the three markets on Wednesday. Chicago SRW futures were fractionally to 2 ½ cents higher on the day. KC HRW contracts were steady to down a penny on the session. MPLS spring wheat was mixed...

From
Austin Schroeder
via
Barchart
Corn Extending Gains into Thursday Morning
Corn prices are trading with gains of 2 to 3 cents so far on Thursday morning. Futures closed the Wednesday session with contracts steady to 3 cents higher across the board. Preliminary open interest rose 19,894 contracts, indicating new buying. The national average Cash Corn price from cmdtyView was up...

From
Austin Schroeder
via
Barchart
Soybean Rally Continuing on Thursday Morning
Soybeans are trading with Thursday morning gains of 7 to 10 cents so far. They settled Wednesday with contracts firm to 5 ¾ cents higher across the board. Preliminary open interest showed net new buying across most contracts, up 16,317 contracts cross all but the November contract, which was another...