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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
The Loadstar
via
gCaptain
Warning Shot: GRIs Reveal Carrier Playbook Amid Tariff Rush
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm bells for their clients with long-term contracts.
From
Bloomberg
via
gCaptain
US Importers Race to Beat Trump Tariffs Facing Complex Customs Forms
US businesses are under mounting pressure to import goods while President Donald Trump’s higher tariffs are on pause, and they’re simultaneously navigating increasingly complex filing rules when their cargo crosses the border.
From
Oliver Sloup
via
Barchart
The Grain Rally Stalls Against Technical Resistance
Grain markets have had an impressive first half of the week but saw some of the wind taken out of the sail overnight after running out of momentum against technical resistance.
From
Reuters
via
gCaptain
Poland Checking for Any Explosive Devices Near Undersea Power Cable, PM Says
Poland is looking into whether any explosive devices were planted where a ship from Russia's "shadow fleet" was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said.
From
Austin Schroeder
via
Barchart
Wheat Sticking Close to Unchanged Early on Thursday
Wheat is closing back in on steady trade on Thursday morning after overnight weakness. The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. Preliminary open interest was down...
From
Austin Schroeder
via
Barchart
Soybeans Pulling Off Overnight Lows
The soybean market is pulling off the sharply lower overnight start, with contracts down 2 to 5 cents on Thursday morning. Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The Preliminary ope interest data showed a drop of 4,832 contracts on Wednesday. The cmdtyView Cash...
From
Austin Schroeder
via
Barchart
Corn Steady on Thursday Morning
Corn is trading with fractionally mixed action on Thursday AM. Futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. Preliminary open interest was up 4,587 contracts on Wednesday. The front month CmdtyView...
From
Bloomberg
via
gCaptain
Russia Vows to Defend Its Ships in Baltic Sea
Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone.
From
Austin Schroeder
via
Barchart
Wheat Pulls Back from Highs, Still Posts Gains
The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. The Kansas City HRW market posted 4 to 5 cent gains. Minneapolis spring wheat futures were up 6 to...
From
Austin Schroeder
via
Barchart
Corn Rallies into Wednesday’s Close
Corn futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. The front month CmdtyView national average Cash Corn price was up 6 3/4 cents at $4.34 3/4. EIA’s weekly update showed a...
From
Austin Schroeder
via
Barchart
Soybeans Rally Higher on Wednesday
Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The cmdtyView Cash Bean price was up 10 cents to $10.13 1/2. Soymeal futures were $1.50 to $3/ton higher on the day, with Soy Oil futures up 27 to 36 points. Rain is expected across much of...
From
Sean Lusk
via
Barchart
Grain Spreads: Short Covering Driving Wheat Push
Will the Funds Sell This Rally?