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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
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
Mike Schuler
via
gCaptain
German Oil Tanker Ablaze in Baltic Sea
A fire broke out on the German-flagged oil and chemical tanker Annika in the Baltic Sea on Friday. The 73-meter-long vessel, carrying approximately 640 tons of oil, caught fire northeast...
From
Mike Schuler
via
gCaptain
U.S Tightens Noose on Iran’s ‘Ghost Fleet’ After Israel Attack
In response to Iran’s October 1 attack on Israel, the United States has intensified its sanctions on Iran’s petroleum and petrochemical sectors, targeting a network of illicit shipping facilitators and...
From
Mike Schuler
via
gCaptain
Racing to Save the Mediterranean’s Last Great Whites: Researchers Turn to the North Atlantic for Answers
Global nonprofit shark research organization OCEARCH has embarked on a multi-year project to study and protect the critically endangered Mediterranean white shark population. OCEARCH traveled over 4,000 miles across the...
From
Chris Swift
via
Barchart
Shootin' the Bull about price levels met and energy higher
The world tensions are believed a part of what shocked energy prices higher last week and still following through this week. I had a change of analysis on the crude oil. Seemingly the weaker US energy policies, combined with middle-east unrest is keeping energy prices firm. Technical indicators and the wave count leads me to anticipate a higher trade.
From
Austin Schroeder
via
Barchart
Wheat Weaker at Midday on Increased World Stocks
The wheat complex is posting lower trade across the three exchanges at midday following USDA’s increase to the world stocks projection. Chicago SRW futures are down 8 to 9 cents at midday. KC HRW contracts are trading with 9 to 10 cent losses so far on the session. MPLS spring...
From
Mike Schuler
via
gCaptain
WTO Sees Modest Global Trade Growth Amid Geopolitical Uncertainties
The World Trade Organization (WTO) has released updated projections for global trade growth, painting a picture of cautious optimism tempered by ongoing geopolitical concerns. In their latest forecast, WTO economists...
From
Austin Schroeder
via
Barchart
Corn Pulling Back After Yield Increase
Corn futures are slipping lower so far on Friday following a yield hike by the USDA. Tighter, as expected, overall stocks are helping to ease the bull’s pain, with contracts down 1 to 3 cents at midday. The national average Cash Corn price from cmdtyView is down 1 1/2 cents...
From
Austin Schroeder
via
Barchart
Wheat Weaker at Midday on Increased World Stocks
The wheat complex is posting lower trade across the three exchanges at midday following USDA’s increase to the world stocks projection. Chicago SRW futures are down 8 to 9 cents at midday. KC HRW contracts are trading with 9 to 10 cent losses so far on the session. MPLS spring...
From
Austin Schroeder
via
Barchart
Soybean Falling Post-USDA Release
Soybeans are facing midday weakness on Friday despite a slightly lower US yield estimate from USDA. Contracts are down 6 to 7 cents so far on the session. CmdtyView’s national front month Cash Bean price is down 6 cents at $9.46. Soymeal is up 20 cents/ton so far on the...