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
Corn Weakness Continues on Tuesday
Corn futures ended the Tuesday trading session with contracts down 6 to 7 ¼ cents across most months. The national average Cash Corn price from cmdtyView was down 6 3/4 cents at $3.69 3/4 per bu. The average close for December corn futures, which indicates the fall crop insurance price,...

From
Austin Schroeder
via
Barchart
Wheat Slide Continues into Tuesday
The wheat complex posted another round of losses across the three exchanges on Tuesday. Chicago SRW futures were down 5 to 7 cents on the day. KC HRW contracts were 7 to 8 cents lower. MPLS spring wheat fell another 9 to 11 cents. A private export sale of 120,000...

From
Oliver Sloup
via
Barchart
Grain Markets Lower on Buyers Strike
Grain markets were lower again, trading back down to what may prove to be some “MUST HOLD” trading levels. Will support hold?

From
Chris Swift
via
Barchart
Shootin' the Bull about recommendations
I recommend you have every marketing aspect cleaned up, out to the first quarter.

From
Mike Schuler
via
gCaptain
Red Sea Shipping Crisis: Oil Flows Through Bab el-Mandeb Plummets By Over Half in 2024
The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the U.S....

From
Bloomberg
via
gCaptain
Trump Defends Costly Tariffs on Foreign Goods
By John Micklethwait and Nancy Cook (Bloomberg) — Former US President Donald Trump said his policies would inspire growth despite adding to the debt as he sought to assuage business leaders...

From
Mike Schuler
via
gCaptain
Cargo Ship ‘Pan Viva’ Weighs Anchor After Weathering Fierce Alaskan Storm
The cargo ship Pan Viva has successfully weathered a severe storm off the Alaskan coast and resumed its voyage, averting a potential environmental disaster and alleviating concerns of a possible grounding off...

From
Austin Schroeder
via
Barchart
Corn Losses Continue at Tuesday’s Midday
Corn futures are trading the Tuesday session with losses of 5 to 6 cents. The national average Cash Corn price from cmdtyView is down 5 1/2 cents at $3.70 per bu. The average close for December corn futures, which indicates the fall crop insurance price, so far this month is...

From
Austin Schroeder
via
Barchart
Wheat Showing Midday Losses
The wheat complex is posting another round of losses across the three exchanges on Tuesday. Chicago SRW futures are down 5 to 7 cents on the day. KC HRW contracts re 6 to 7 cents lower. MPLS spring wheat is falling another 7 to 9 cents. A private export sale...

From
Austin Schroeder
via
Barchart
Soybeans Pull Off Lows Following NOPA Release
Soybeans are getting a midday bounce, with contracts off the lows but still down 5 to 9 cents. CmdtyView’s national front month Cash Bean price was down 5 1/2 cents at $9.29 ¼. Soymeal futures are down $3.80/ton on the day. Soy Oil contracts are up 66 points on the...

From
Mike Schuler
via
gCaptain
Photos: Groundbreaking Hydrogen-Ready Offshore Wind Support Vessel Launched
Damen Shipyards, Windcat, and CMB.TECH have unveiled the first of six cutting-edge Commissioning Service Operation Vessels (CSOVs). The landmark launch, which took place on October 12th at Ha Long Shipyard...