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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
Reuters
via
gCaptain
Philippines Says Chinese ‘Maritime Militia’ Boat Sideswiped Fisheries Vessel
MANILA, Oct 15 (Reuters) – The Philippines‘ Bureau of Fisheries said a “Chinese maritime militia” boat deliberately sideswiped one of its two vessels that were patrolling near Thitu island in the contested waters of the South China...
From
Bloomberg
via
gCaptain
China’s Car and Ship Exports Hit Record Despite Slowing Trade
(Bloomberg) — China’s exports of both cars and ships hit records in September even as broader shipments slowed, underscoring the rapid changes in the nation’s industry that are fueling global trade tensions....
From
Mike Schuler
via
gCaptain
End of an Era: Historic SS United States Transferred to New Owners
The iconic SS United States is set to embark on its final journey – not across the Atlantic, but towards a new life as the world’s largest artificial reef. On...
From
Sean Lusk
via
Barchart
Grain Spreads: Harvest Push
Beans Drop Amid Harvest Pressure Better Weather in S.A.
From
Oliver Sloup
via
Barchart
Grain Futures Continue to Retreat
A lack of bullishness has led to a buyers strike and a technical breakdown in the grain markets. How much more downside is there?
From
Austin Schroeder
via
Barchart
Soybeans Pressure Continues into Tuesday Trade
Soybeans are trading with Tuesday AM losses of 9 to 10 cents. They posted 9 to 10 cent losses across most contracts on Monday. CmdtyView’s national front month Cash Bean price is down 8 1/2 cents at $9.35 ½. Soymeal futures were steady to $1.50/ton higher on the day. Soy...
From
Austin Schroeder
via
Barchart
Corn Continuing Slide on Tuesday Morning
Corn prices are down 2 to 3 cents so far on Tuesday morning. Futures closed the Monday session with contracts falling 7 to 9 cents across most contracts on Monday. Sharp pressure from the outside factors weighed on the market, with crude oil down $3.70/barrel and the US dollar index...
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower on Tuesday AM
Wheat futures are showing some slight weakness so far on Tuesday morning. The complex posted double digit losses across the three exchanges on Monday. Chicago SRW futures were down 13 to 15 cents on the day. KC HRW contracts were 14 to 16 cents lower at the Monday close. MPLS...
From
Mike Schuler
via
gCaptain
Hurricane Milton: Florida Injects $9.5 Million into SeaPort Manatee Recovery
Florida Governor Ron DeSantis has announced a $9.5 million emergency funding package for SeaPort Manatee, aiming to accelerate the port’s recovery in the wake of Hurricane Milton. SeaPort Manatee, located...
From
Don Dawson
via
Barchart
Corn Prices Stumble: Is the Rally Over or Just Getting Started?
Corn prices are correcting the uptrend from the $3.85 level after reaching $4.34 for the December futures contract. The recent United States Department of Agriculture (USDA) crop production and World Agricultural Supply Demand Estimate (WASDE) report weigh heavily on the market. Producers have been waiting for a price rally to sell much of their on-farm corn from last year. With this year's harvest nearly 50% completed and carryover estimated to be 1.81 million bushels, storage has become a problem, resulting in corn being brought to market.
From
Austin Schroeder
via
Barchart
Wheat Fall Double Digits on Monday
The wheat complex posted double digit losses across the three exchanges on Monday. Chicago SRW futures were down 13 to 15 cents on the day. KC HRW contracts were 14 to 16 cents lower at the Monday close. MPLS spring wheat fell another 15 to 18 cents. The weekly Export...
From
Austin Schroeder
via
Barchart
Soybeans Fall on Monday from Pressure via Bean Oil
Soybeans posted 9 to 10 cent losses across most contracts on Monday. CmdtyView’s national front month Cash Bean price is down 8 1/2 cents at $9.35 ½. Soymeal futures were steady to $1.50/ton higher on the day. Soy Oil contracts were down 125 to 143 points on the session, as...