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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
Wheat Mixed to Kick Off Friday
Wheat is trading with slightly mixed Friday AM action. The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Gains into Early Friday Trade
Soybeans are seeing some continuation of the late Thursday session with gains of 3 to 5 cents n Friday morning. They faced early weakness on Thursday, but bulls fought back to close the day with contracts up 1 ¾ to 8 ¾ cents as Nov was narrowing some spreads. Preliminary...
From
Austin Schroeder
via
Barchart
Corn Getting Friday AM Pop
Corn is trading with slight 1 to 2 cent gains on Friday morning. Preliminary open interest was up 14,675 contracts in total, with December down 2,419 contracts, March up 5,228, May rising 6,788 contracts, and July up 4,161 contracts. Futures closed out the Thursday session with contracts pulling off the...
From
Eugene Graner
via
Barchart
Lunatic Reversals
With all the bearish sentiment floating around in the grain market, we saw a price reversal that needs to be talked about. I explain my thoughts in the video.
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
5 | The Top Five Lovely to see that we now have two countries that produce more than 80% of the world’s palm oil now in the United States’ used cooking oil import origin top five… as the United States continues to import record amounts of waste oils, fats and...
From
Nick Ehrenberg
via
Barchart
Soybean Analysis & Grains Overview
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Mike Schuler
via
gCaptain
U.S. Sanctions Additional Ships and Captains in Iranian Oil Smuggling Network Linked to Houthi Attacks
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels linked to the sprawling illicit shipping network funding...
From
Austin Schroeder
via
Barchart
Corn Comes Back into Thursday’s Close
Corn futures closed out the Thursday session with contracts puling off the early low and closing steady to 2 cents higher in the nearbys. Other contracts were fractionally to a penny lower. The national average Cash Corn price from cmdtyView was up 2 1/4 cents at $3.75 3/4 per bu....
From
Austin Schroeder
via
Barchart
Soybeans Pull Out Gains on Thursday
Soybeans faced early weakness on Thursday, but bulls fought back to close the day with contracts up 1 ¾ to 8 ¾ cents as Nov was narrowing some spreads. CmdtyView’s national front month Cash Bean price was up 9 1/2 cents at $9.30. Soymeal futures were mixed, with front months...
From
Austin Schroeder
via
Barchart
Wheat Posts Strength on Thursday
The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat rallied 4 ¼ to 8 cents higher into the...
From
Mike Schuler
via
gCaptain
Coast Guard Says ‘Swift Action’ Helped Avert Disaster in Alaska
The 738-foot cargo vessel Pan Viva safely departed Dutch Harbor, Alaska, on Monday night, bound for Kalama, Washington, after narrowly avoiding a potential disaster due to severe weather in the North Pacific....
From
Mike Schuler
via
gCaptain
Baltimore’s Coal Exports Roar Back to Life After Bridge Collapse
Coal exports from the Port of Baltimore have made a remarkable recovery following a complete halt in shipments earlier this year due to the collapse of the Francis Scott Key...