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
Bloomberg
via
gCaptain
Court Blocks Top Africa Port Deal as Maersk Contests Award
(Bloomberg) — A South African court temporarily blocked a deal between the nation’s state-owned logistics firm and a company owned by Filipino billionaire Enrique Razon to expand and run sub-Saharan...

From
Austin Schroeder
via
Barchart
Soybeans Reverting Higher at Wednesday’s Midday
Soybeans are showing 3 to 6 cent gains so far on Wednesday. CmdtyView’s national front month Cash Bean price is up 5 1/2 cents at $9.58 1/2. Soymeal is down 80 cents/ton on the day. Soy Oil futures are down 23points on the day. Export sales data will be released...

From
Austin Schroeder
via
Barchart
Wheat Extending Gains on Wednesday
The wheat complex is showing Wednesday gains across the three exchanges at midday. Chicago SRW futures are up 3 to 4 cents on the day. KC HRW contracts are posting 4 to 5 cent gains on the session. MPLS spring wheat is up 1 to 2 cents. Thursday morning’s Export...

From
Austin Schroeder
via
Barchart
Corn Eking Out Gains on Wednesday
Corn futures are showing fractional gains across the front months as we trade through Wednesday’s midday. The national average Cash Corn price from cmdtyView is up 1/2 cent at $3.89 3/4 per bu. USDA reported a private export sale of 126,000 MT of 24/25 corn to unknown destinations this morning....

From
Mike Schuler
via
gCaptain
ESL Shipping Orders Four Green Methanol-Fueled Baltic Bulkers
Helsinki-based ESL Shipping, the Baltic region’s leading dry bulk carrier, has announced a major investment in four new fossil-free handysize vessels to run on green methanol. The €186 million project...

From
GCaptain
via
gCaptain
Port of Tampa Shuts Down: Will Hurricane Milton Push Biden To Sign Jones Act Waiver and Deploy Relief Ships?
As Hurricane Milton barrels toward Florida’s west coast, the maritime community braces for a devastating blow. Maritime historian Sal Mercogliano‘s latest episode of What’s Going on With Shipping? outlines the unfolding crisis,...

From
Darin Newsom
via
Barchart
Grains: What Will Watson Do Next?
Noncommercial traders in the Grains sector have been moving to the sidelines. We'll see if the various markets provide a fundamental reason for funds to eventually go net-long futures.

From
Mike Schuler
via
gCaptain
Maersk and Hapag-Lloyd Confirm ‘Cape’ Route for Gemini Cooperation Launch
Shipping giants Maersk and Hapag-Lloyd have announced their decision to utilize the Cape of Good Hope network for the launch of their “Gemini Cooperation” on February 1, 2025, underscoring the...

From
GCaptain
via
gCaptain
Black Sea War: Russia’s Naval Defeat to Ukraine but Strategic Gains with China
by Colin Flint (Utah State University) The ongoing conflict between Russia and Ukraine has played out largely on land and in the air. It is a bitterly contested, grueling ground...

From
Reuters
via
gCaptain
PLAN Space Tracking Ships Monitor China’s Pacific Ocean ICBM Test
By Greg Torode – HONG KONG (Reuters) – From a missile discreetly ferried more than 1,000 km (620 miles) to a launch site, to the use of remote bases and satellites to...

From
Oliver Sloup
via
Barchart
Grain Markets Find Their Footing
Corn and soybeans were weaker in yesterday’s trade while wheat was able to hold ground. Wheat continues to be the leader this morning with corn and beans finding their footing too. These are the levels to keep an eye on in today’s trade.

From
Austin Schroeder
via
Barchart
Soybeans Trading with Wednesday AM Gains
Soybeans are trading 2 to 3 cents in the green so far on Wednesday. They posted losses of 13 ¾ to 18 ¾ cents across the board on Tuesday. CmdtyView’s national front month Cash Bean price was down 18 cents at $9.53. Soymeal slipped another 20 cents to $2/ton on...