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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
John Konrad
via
gCaptain
Tampa Boater Dubbed “Lt Dan” Survives Hurricane Milton
Joseph Malinowski, known as “Lieutenant Dan,” defied both a massive hurricane and authorities’ pleas to evacuate, choosing to stay aboard his tiny 22-foot sailboat as Hurricane Milton battered Florida’s west...
From
Reuters
via
gCaptain
Sexist Anti-LGBTQ+ Hate Erupts After New Zealand Navy Ship Sinking – Defense Minister Hits Back
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s Defence Minister on Thursday publicly criticized online trolling of the female captain of a naval vessel that sunk at the weekend, saying while the...
From
Barry Parker
via
gCaptain
Geopolitical Volatility Fuels Surge in Tanker Rates
With tensions in the Middle East ratcheting upward again, the tanker market is taking notice. In a weekly market opinion piece titled “Tankers in Turmoil” from New York-based broker Poten...
From
Mike Schuler
via
gCaptain
UK Government Introduces New Employment Rights Bill to Strengthen Seafarer Protections
The UK government has unveiled a draft Employment Rights Bill aimed at enhancing protections for seafarers, a move welcomed by UK-based maritime union Nautilus International. The bill, set to be...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock Markets - Lower. Grains - Higher. Before the WASDE Report on Friday
From
Austin Schroeder
via
Barchart
Soybeans Pull Out Gains on Wednesday Despite Product Weakness
Soybeans settled Wednesday with contracts up anywhere from 1 ¼ to 4 cents. CmdtyView’s national front month Cash Bean price was up 4 1/4 cents at $9.57 1/4. Soymeal was down a dime to $1.80/ton on the day. Soy Oil futures were steady to down 11 points on the day....
From
Austin Schroeder
via
Barchart
Wheat Extends Gains into Wednesday’s Close
The wheat complex posted Wednesday gains across the three markets at the close. Chicago SRW futures were up ½ to 4 ¼ cents on the day. KC HRW contracts saw 3 ½ to 5 cent gains on the session. MPLS spring wheat was up 1 to 3 ¼ cents. Thursday...
From
Austin Schroeder
via
Barchart
Corn Trade Holds Steady on Wednesday
Corn futures closed out the Wednesday session with most contracts within ½ cent of unchanged, as just nearby Dec was up ¼ cent. The national average Cash Corn price from cmdtyView was steady today at $3.88 1/4 per bu. USDA reported a private export sale of 126,000 MT of 24/25...
From
Chris Swift
via
Barchart
Shootin' the Bull about definitive price action.
Price action today is weighted as definitive. Fats posted an outside reversal and dark shadow on the candlestick charts.
From
Reuters
via
gCaptain
Singapore Bunker Standards for Methanol, Ammonia Expected by 2025
SINGAPORE, Oct 9 (Reuters) – New standards for bunkering methanol and ammonia will be developed by 2024 and 2025 respectively, the Maritime and Port Authority of Singapore (MPA) said on Wednesday. The world’s largest...
From
Mike Schuler
via
gCaptain
Port of Montreal Dockworkers to Refuse Overtime Amid Stalled Labor Negotiations
The Port of Montreal faces potential disruptions as longshore workers prepare to refuse overtime starting Thursday. This labor action, announced by the Canadian Union of Public Employees (CUPE) Local 375,...