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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
Corn Falling on Monday
Corn futures are showing 5 to 8 cent losses across most contracts on Monday. There is some outside pressure with the dollar index up 368 points, and crude oil down $1.80/barrel. The national average Cash Corn price from cmdtyView is down 5 1/2 cents at $3.78 1/2 per bu. Both...
From
Austin Schroeder
via
Barchart
Wheat Feeling Pressured on Monday
The wheat complex is showing double digit losses across the three exchanges on Monday. Chicago SRW futures are down 10 to 11 cents so far on the day. KC HRW contracts are 11 to 12 cents lower at midday. MPLS spring wheat is slipping another 11 to 12 cents. Rains...
From
Austin Schroeder
via
Barchart
Soybeans Feeling Pressure from Bean Oil
Soybeans are trading with 2 to 5 cent losses across most contracts on Monday. CmdtyView’s national front month Cash Bean price is down 1 3/4 cents at $9.41 ¼. Soymeal futures are up $1.90/ton on the day. Soy Oil contracts are down 134 points on the session, as $1.80/barrel losses...
From
Mike Schuler
via
gCaptain
Dramatic Rescue at Sea: 20 Crew Members Saved as Fishing Vessel Catches Fire off South African Coast
Twenty crew members of the MFV Armana were safely rescued after their fishing vessel caught fire off the coast of South Africa. The South African Maritime Safety Authority (SAMSA) confirmed...
From
Reuters
via
gCaptain
China Ends War Games Encircling Taiwan… For Now
TAIPEI, Oct 14 (Reuters) – China’s military vowed to take further action against Taiwan if needed after staging a day of war games on Monday it said were a warning to “separatist acts” and which drew...
From
Mike Schuler
via
gCaptain
Multi-Agency Drill Tackles High-Risk EV Battery Fires on Ships
In a proactive response to the growing risks associated with electric vehicle (EV) transportation, the U.S. Coast Guard recently spearheaded a crucial multi-agency exercise focused on tackling vessel fires caused...
From
Mike Schuler
via
gCaptain
London Gateway Set to Become Britain’s Largest Container Port with $1.3 Billion Expansion
Global logistics giant DP World has unveiled plans for a £1 billion (US $1.3 billion) expansion of London Gateway, aiming to transform it into Britain’s largest container port within the...
From
Mike Schuler
via
gCaptain
Cargo Ship ‘Pan Viva’ Holds Steady, Battling Fierce Storm off Alaska Coast
The 738-foot bulk carrier Pan Viva remains anchored just off the coast of Unalaska, Alaska, as it weathers a severe storm. The U.S. Coast Guard swiftly responded to the distress...
From
Cesar Marconetti
via
Barchart
European Commodities: How Weather is Impacting Coffee and Cocoa Prices
Prices for Brent crude are sending a warning to markets.
From
Oliver Sloup
via
Barchart
A DON'T MISS WASDE Recap and Farm Journal Interview!
Ag markets were mostly lower following today's WASDE report. Here's a look at how things shook out along with this afternoon's interview with AgDay!
From
Oliver Sloup
via
Barchart
Grains Retreat Following Friday’s WASDE Report
Friday’s WASDE report didn’t offer any bullish news which has put the Bears back in the driver’s seat to start the week.