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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
Reuters
via
gCaptain
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.
From
Mike Schuler
via
gCaptain
Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
From
Reuters
via
gCaptain
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
From
Mike Schuler
via
gCaptain
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
From
Mike Schuler
via
gCaptain
Fire Breaks Out on USS New Orleans Off Okinawa
A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
From
Mike Schuler
via
gCaptain
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
From
Bloomberg
via
gCaptain
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.
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From
Oliver Sloup
via
Barchart
Today's Markets on the Move: Silver, Orange Juice, Cocoa, and More!
Silver futures failed to breakout above resistance as the tax bill passing posses a threat to industrial demand. Today's winner and loser both come from the "softs". Ag Markets brace for a long weekend with equity markets recovering some of yesterday's late day selloff
From
Chris Swift
via
Barchart
Shootin' the Bull about stating the obvious
Too much production capacity for too few of animals is now causing the rationing of producers.
From
Malte Humpert
via
gCaptain
Container Ship Runs Aground Just Meters from Seaside Cabin Near Trondheim, Norway
The 135 meter-long container ship NCL Salten ran aground just seven meters from a cabin in Byneset, near Trondheim, Norway. The cabin’s owners were home at the time, fast asleep and only noticing the vessel in their front yard when the neighbors alerted them.
From
Austin Schroeder
via
Barchart
Corn Mixed at Midday
Corn showing mixed action on Thursday, with nearby July up 1 ¼ cents and some new crop months down 1 to 2 cents. The front month CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.35 1/2. This morning’s Export Sales report showed 1.19 MMT in corn...
From
Austin Schroeder
via
Barchart
Soybeans Shrugging Off Bean Oil Losses for Midday Gains
Soybean futures are up 3 to 6 cents at Thursday’s midday. The cmdtyView Cash Bean price is up 5 3/4 cents to $10.19 1/4. Soymeal futures are $4.70/ton higher on the day, with Soy Oil futures down 84 points. USDA released their weekly Export Sales report this morning, showing 307,939...
From
Austin Schroeder
via
Barchart
Wheat Leaking Back Lower on Thursday
The wheat complex trading with losses at Thursday’s midday. Chicago SRW futures are down 2 to 4 cents on the day. The Kansas City HRW market is 1 to 2 cents weaker so far on Thursday. Minneapolis spring wheat futures are slipping back 3 to 5 cents at midday. Export...
From
Ilan Levy-Mayer
via
Barchart
Memorial Day Trading Schedule
The upcoming US Memorial Day Holiday Futures Trading Schedule for Friday, May 23rd, through Monday, May 26th, 2025, is below.
From
Mike Schuler
via
gCaptain
NOAA Expects Busier-Than-Normal Hurricane Season
NOAA’s latest outlook predicts an above-normal 2025 Atlantic hurricane season, with a 60% chance of exceeding typical storm activity between June 1 and November 30. Forecasters anticipate 13 to 19...
From
Reuters
via
gCaptain
North Korea’s Warship Launch Ends in Disaster as Kim Jong Un Watches
A major accident occurred on Wednesday during the launch of a new North Korean warship while Kim Jong Un was attending the event, with the isolated state's leader calling it a "criminal act" that could not be tolerated, state media KCNA reported.
From
Mike Schuler
via
gCaptain
U.S. Celebrates National Maritime Day 2025 Amid Historic Policy Push
The United States marks National Maritime Day 2025 today with renewed focus on strengthening its maritime sector. Department of Transportation Secretary Sean Duffy highlighted the critical role of Merchant Mariners,...
From
Reuters
via
gCaptain
CK Hutchison Confirms Aponte’s MSC is Main Investor in Ports Deal
HONG KONG, May 22 (Reuters) – CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from...
From
Mike Schuler
via
gCaptain
EU’s Largest-Ever Dark Fleet Sanctions Package Still Leaves Major Gaps
The European Union has launched its most extensive sanctions package targeting Russia’s shadow fleet—blacklisting 189 additional Russian-linked tankers and bringing the total number of sanctioned vessels to 342. This marks...