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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 Trade Positive on Monday
The wheat complex is pushing higher across the exchanges on Monday. Chicago SRW futures are up 2 to 2 3/4 cents across the front months. KC HRW contracts are up 3 to 4 cents so far at midday. MPLS spring wheat is trading with 3 to 4 cent gains on...
From
Austin Schroeder
via
Barchart
Soybean Weakness Persisting at Midday
Soybeans are holding lower so far at midday, with contracts down 3 to 4 cents. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.71. Soymeal is down $6.30/ton in the December contract. Nearby Soy Oil futures are up 52 points on the day. A private...
From
Jim Roemer
via
Barchart
It's All About Hurricane Milton
From his location in the zone of Milton's likely landfall, Jim offers his commodity market predictions regarding this event.
From
Mike Schuler
via
gCaptain
Hurricane Milton Rapidly Intensifies to Category 5 Story Packing 175 mph Sustained Winds
Hurricane Milton has rapidly intensified into a potentially catastrophic Category 5 storm, with maximum sustained winds reaching 175 mph (280 km/h). The National Hurricane Center (NHC) reports that Milton is...
From
Mike Schuler
via
gCaptain
Viking Supply Ships Boosts Subsea Capabilities with Advanced Offshore Cranes
Norwegian offshore service provider Viking Supply Ships has made a significant move to enhance its fleet’s capabilities in the subsea sector. The company on Monday announced securing a contract for...
From
Mike Schuler
via
gCaptain
Equinor Acquires Stake in Ørsted, Becoming Second-Largest Shareholder
Norwegian energy giant Equinor ASA has made a significant move in the renewable energy sector by acquiring a 9.8% stake in Ørsted A/S, a leading offshore wind developer. The acquisition...
From
Malte Humpert
via
gCaptain
Chinese-Russian Naval Patrol Skirts U.S. Territorial Waters Off Alaska Coast
By Malte Humpert (gCaptain) – China and Russia continue to step up their patrol activity in the Arctic. A week after the U.S. Coast Guard reported sighting Chinese and Russian...
From
Austin Schroeder
via
Barchart
Corn Starting Monday with Weakness
Corn prices are kicking off the week with a bout of weakness, as contracts are down 1 to 2 cents. Futures closed out the Friday session with contracts down 2 to 4 ¾ cents across the board. Additional pressure came via a weaker wheat market and a stronger US dollar...
From
Austin Schroeder
via
Barchart
Soybeans Lower on Monday Morning
Soybeans are trading lower on Monday morning across the front months. They settled with losses of 7 to 8 ½ cents across the board on the Friday session, as November slipped a total of 28 cents this week. CmdtyView’s national front month Cash Bean price was down 8 1/4 cents...
From
Austin Schroeder
via
Barchart
Wheat Showing Mixed Action on Monday AM Trade
The wheat complex is mixed across the exchanges on Monday morning, with the soft wheat the firmest. Futures saw lower trade across all three exchanges on Friday, to close the week on a lower note. Chicago SRW futures were down 8 1/2 to 13 3/4 cents across the board, as...
From
Bloomberg
via
gCaptain
Who Is Harold Daggett? The Man Behind The Longshoremen Union
By Brooke Sutherland, Josh Wingrove and Laura Curtis (Bloomberg) — When the history books are written about the fate of longshoremen in the US, few characters will loom as large as...
From
John Konrad
via
gCaptain
HMNZS Manawanui Sinking: Hard Grounding, Fire, and a Broken Royal New Zealand Navy
By Captain John Konrad (gCaptain) In a dramatic turn of events, HMNZS Manawanui, the Royal New Zealand Navy’s newly upgraded hydrographic salvage and support ship, ran aground last night during a...