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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
Wheat Higher on Wednesday Morning
The wheat complex is showing Wednesday morning gains of 5 to 7 cents. Futures saw some early Turnaround Tuesday weakness, with the three exchanges headed higher into the close. Chicago SRW futures were up fractionally to 2 ¼ cents on the day. KC HRW contracts saw fractional to 1 cent...
From
Austin Schroeder
via
Barchart
Corn Turning Higher on Wednesday Morning
Corn is trading with Wednesday AM gains of 1 to 2 cents so far. Futures closed out the Tuesday session with contracts down anywhere from ¾ to 5 ¼ cents across the board. The national average Cash Corn price from cmdtyView was down 5 1/2 cents at $3.88 per bu....
From
GCaptain
via
gCaptain
Hurricane Milton: Toxic Floods Threaten Florida’s Ports, Waterways and Towns
James R. Elliott (Rice University) Hundreds of industrial facilities with toxic pollutants are in Hurricane Milton’s path as it heads toward Florida, less than two weeks after Hurricane Helene flooded...
From
GCaptain
via
gCaptain
Shipping To Hawaii: Unpacking The Islands Maritime Supply Chain
In the United States, the Jones Act is an explosive topic, drawing fierce debate between supporters in the U.S. Merchant Marine and well-funded lobbyists on one side, libertarian think tanks...
From
Mike Schuler
via
gCaptain
Short-Lived U.S. Port Strike Unlikely to Slow Import Surge
Imports at major U.S. container ports are expected to stay elevated this month, despite last week’s labor strike that halted operations at East and Gulf Coast ports for three days....
From
Austin Schroeder
via
Barchart
Corn Falls into the Close
Corn futures closed out the Tuesday session with contracts down anywhere from ¾ to 5 ¼ cents across the board. The national average Cash Corn price from cmdtyView was down 5 1/2 cents at $3.88 per bu. Census trade data showed a total of 5.156 MMT (203 mbu) of corn...
From
Austin Schroeder
via
Barchart
Wheat Comes Back to Close with Strength
The wheat complex saw some early Turnaround Tuesday weakness, with the three exchanges headed higher into the close. Chicago SRW futures were up fractionally to 2 ¼ cents on the day. KC HRW contracts saw fractional to 1 cent gains on the session. MPLS spring wheat was up fractionally to...
From
Austin Schroeder
via
Barchart
Soybeans Pulled Lower by Weakness in Bean Oil
Soybeans 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 the day. Soy Oil futures fell 148 to 156 points on the day, with...
From
Mike Schuler
via
gCaptain
Iran Is Still Shipping Crude Oil From Key Export Terminal
By Julian Lee (Bloomberg) — Iran is still exporting crude from its main Kharg Island terminal even after a flotilla of tankers fled nearby waters where they’d normally wait their turn to collect...
From
Mike Schuler
via
gCaptain
Hurricane Milton: Maritime Industry and Government Race to Secure Fuel Supplies
As Hurricane Milton barrels towards Florida’s west-central coast, the domestic maritime industry and government officials are racing against time to secure fuel supplies and prepare for what could be one...
From
Oliver Sloup
via
Barchart
A Two-Sided Grain Market
The fundamental and technical landscapes for corn and soybeans appear to be telling two different stories. Here's how we read into it.