.svg){kind=icon}
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
Oliver Sloup
via
Barchart
The Grain Rally Continues On
Grain futures are higher yet again in the Thursday morning trade. How much more upside is there?
From
John Konrad
via
gCaptain
The Forgotten Barge Superhighway: Why the Mississippi River Still Matters
by John Konrad (gCaptain) There is perhaps no single geographic feature that has done more for the American economy than the Mississippi River. Unlike any other river system on Earth,...
From
Jim Roemer
via
Barchart
How the stronger dollar and global weather are impacting nat gas, precious metals, grains and soft commodities
Jim's video covers a weather-based outlook on eight commodity markets
From
Bloomberg
via
gCaptain
Transocean and Seadrill in Merger Talks Amid Deepwater Drilling Boom
By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter,...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Wednesday
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 on the day, with contracts anywhere from a...
From
Austin Schroeder
via
Barchart
Soybeans Post Strength Following Export Business
Soybeans settled Wednesday with contracts firm to 5 ¾ cents higher across the board. The average close for November soybean futures so far in October is $10.11. That is $1.44 below the February base insurance price. CmdtyView’s national front month Cash Bean price was up 6 1/4 cents at $9.41...
From
Austin Schroeder
via
Barchart
Corn Closes Higher Following Robust Ethanol Data
Corn futures closed the Wednesday session with contracts steady to 3 cents higher across the board. The national average Cash Corn price from cmdtyView was up 3 cents at $3.86 per bu. The average close for December corn futures so far in October is $4.17. That is 49 cents below...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Grains Higher, as the Cattle Sink Lower Again.
From
Oliver Sloup
via
Barchart
Grain and Livestock Market Recap
Grains were weaker overnight but managed to firm through Wednesday’s trade to post gains. Livestock markets were mixed.
From
GCaptain
via
gCaptain
Why Carbon Capture Could Be Shipping’s Best Bet for Cutting Emissions—Without Ditching Fossil Fuels
By Paul Morgan — As the maritime industry grapples with the dual challenges of reducing greenhouse gas emissions and maintaining economic viability, the extensive use of carbon capture technology (CCT)...
From
Mike Schuler
via
gCaptain
After Five Months of Calm, Somali Pirates May Be Back on the Hunt
The European Union Naval Force (EUNAVFOR) Operation ATALANTA has reported a suspected pirate action group (PAG) departing from Somalia’s northern central coast, marking renewed threats to shipping in the region...