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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
Baltimore’s Dundalk Marine Terminal Set for $31 Million Upgrade
The U.S. Department of Transportation has awarded $30,906,076 to rehabilitate the Dundalk Marine Terminal at the Port of Baltimore. The investment, part of a larger $38.4 million package that includes...
From
Malte Humpert
via
gCaptain
China Continues Push Into Arctic with Plans for Manned Mission To Seafloor
By Malte Humpert (gCaptain) – China’s Arctic ambitions continue unabated. Days after its first-ever patrol into the polar region off Alaska’s coast wrapped up, officials revealed plans to launch a...
From
Mike Schuler
via
gCaptain
Why Ammonia Could Be the Key to Net-Zero Shipping—And What’s Holding It Back
A recent survey conducted by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has revealed widespread acceptance of ammonia as a marine fuel, albeit with important caveats. The...
From
Austin Schroeder
via
Barchart
Soybeans Bulls Showing up for the Day Session
Soybeans are trading with 4 to 7 cent gains across the front months on Wednesday. CmdtyView’s national front month Cash Bean price was up 7 cents at $9.42. Preliminary open interest showed net new buying across most contracts, up 18,484 contracts cross all but the November contract, which was another...
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher on Wednesday
The wheat complex is again shrugging off overnight weakness on Wednesday, as all three markets are back to higher trade. Chicago SRW futures are up 3 to 5 cents on the day. KC HRW contracts are 2 to 3 cents higher so far on the session. MPLS spring wheat is...
From
Austin Schroeder
via
Barchart
Corn Back to Higher Trade at Wednesday’s Midday
Corn futures are up 3 to 4 cents across most contracts so far on Wednesday. Preliminary open interest saw net new buying, up 24,814 contracts, with 18,595 in March alone. The national average Cash Corn price from cmdtyView is up 2 ¾ cents at $3.86 3/4 per bu. The average...
From
Bloomberg
via
gCaptain
Turbine Trouble: GE Vernova Outlines Plan to Fix Broken Blade that Sparked an Offshore Wind Firestorm in Nantucket
GE Vernova has announced plans to remove and replace some turbine blades while strengthening others at the Vineyard Wind 1 project near Nantucket, Massachusetts, in the wake of a high-profile...
From
Alex Bering
via
gCaptain
Watch: How U.S. Inland Waterways Quietly Keep the Economy Afloat
Wendover Production’s latest video, “How Inland Waterways Work,” the spotlight is on the often-overlooked yet vital network of U.S. inland waterways that power much of the economy. These rivers and...
From
Bloomberg
via
gCaptain
UK Warns Russia’s Black Sea Port Attacks Put Global Food Security at Risk
(Bloomberg) — An increase in Russian attacks on Ukrainian port infrastructure in recent weeks threatens food shipments to destinations from Gaza to southern Africa, the UK warned. British intelligence has...
From
Mike Schuler
via
gCaptain
CMA CGM Secures Biomethane Supply for its Gas-Powered Ships
Marseille-based CMA CGM Group and French utility SUEZ Group have signed a memorandum of understanding (MOU) to establish a long-term industrial partnership focused on renewable biomethane production. The collaboration aims to...
From
Mike Schuler
via
gCaptain
Leatherman Terminal Reopening Fuels SC Ports’ Massive 8% Container Surge in September
South Carolina Ports (SC Ports) has reported an impressive 8% year-over-year increase in container volumes for September 2024, marking a robust start to the fiscal year 2025. The surge in...
From
Austin Schroeder
via
Barchart
Wheat Falling Back Lower to Start Wednesday
Wheat is trading with Wednesday morning losses across the three exchanges. The wheat complex shrugged off overnight weakness, as all three markets closed the session higher. Chicago SRW futures were up 3 to 4 cents on the day. KC HRW contracts were 3 1/4 to 4 3/4 cents higher on...