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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
Soybean Trade Falling Double Digits on Tuesday AM
Soybeans are posting sharp Tuesday morning losses of 14 to 15 cents. They settled Monday with weakness in the nearbys, down ¾ to 3 ¾ cents, as the deferreds were steady to 1 ¾ cents higher. CmdtyView’s national front month Cash Bean price was down 3 3/4 cents at $9.71....
From
Austin Schroeder
via
Barchart
Wheat Slipping Back
The wheat complex is giving back most of Monday’s Gains on Turnaround Tuesday morning. Futures closed higher across the exchanges on Monday. Chicago SRW futures were up 3 ½ 5 ¼ cents across board to close out the day. KC HRW contracts were 4 ¾ to 5 ½ cents higher...
From
Oliver Sloup
via
Barchart
Grain Markets Slide Lower
Grain futures retreat in the overnight trade. A normal pullback or more pressure to come?
From
Aditya Sarawgi
via
Barchart
Keurig Dr Pepper Earnings Preview: What to Expect
Keurig Dr Pepper is expected to release its third-quarter earnings later this month, and analysts anticipate a single-digit bottom-line surge.
From
Bloomberg
via
gCaptain
Ukraine Says Russian Missile Hits Second Grain Ship
By Kateryna Chursina, Olesia Safronova and Aliaksandr Kudrytski (Bloomberg) — Russia targeted a ship loaded with Ukrainian grain with a ballistic missile Monday — the second in two days — killing...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Just 4-Days until the WASDE Report - Where will the Markets head after?
From
Chris Swift
via
Barchart
Shootin' the Bull about testing limits
The flurry of higher trading will be put to the test this week as to whether it can hold, advance, or fall back.
From
Mike Schuler
via
gCaptain
Ports Restricted, Oil Facilities Shut as Milton Approaches Florida
By Marianna Parraga and Anushree Mukherjee HOUSTON, Oct 7 (Reuters) – At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions...
From
Mike Schuler
via
gCaptain
Hurricane Milton Rapidly Intensifies to Category 5 Storm Packing 180 MPH Sustained Winds
Update: The National Hurricane Center has reported that Milton’s sustained winds have now reached 180 mph, ranking it as one of the top-ten most powerful Atlantic hurricanes on record. Hurricane...
From
Austin Schroeder
via
Barchart
Wheat Posts Positive Start to the Week
The wheat complex closed higher across the exchanges on Monday. Chicago SRW futures were up 3 ½ 5 ¼ cents across board to close out the day. KC HRW contracts were 4 ¾ to 5 ½ cents higher on the session. MPLS spring wheat settled the Monday session with 4...
From
Austin Schroeder
via
Barchart
Soybean Start Week with Pressure as Harvest Rolls
Soybeans settled Monday with weakness in the nearbys, down ¾ to 3 ¾ cents, as the deferreds were steady to 1 ¾ cents higher. CmdtyView’s national front month Cash Bean price was down 3 3/4 cents at $9.71. Soymeal was down $2.80 to $6.50/ton across the board. Soy Oil futures...
From
Austin Schroeder
via
Barchart
Corn Closes With Slight Gains on Monday
Corn futures closed out the Monday session with contracts up 1 to 1 ¾ cents on the day, with help from still solid shipment data and more export business. The national average Cash Corn price from cmdtyView was up 1 1/4 cents at $3.94 1/2 per bu. This afternoon’s Crop...