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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
Reuters
via
gCaptain
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.
From
Mike Schuler
via
gCaptain
Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
From
Reuters
via
gCaptain
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
From
Mike Schuler
via
gCaptain
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
From
Mike Schuler
via
gCaptain
Fire Breaks Out on USS New Orleans Off Okinawa
A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
From
Mike Schuler
via
gCaptain
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
From
Bloomberg
via
gCaptain
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.
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From
Mike Schuler
via
gCaptain
Admiral Lunday Nominated to Lead Coast Guard Amid Push for ‘Revolutionary’ Reform
The Department of Homeland Security Secretary Kristi Noem has announced the nomination of Admiral Kevin Lunday to serve as the 28th Commandant of the U.S. Coast Guard. ADM Lunday, currently...
From
Chris Swift
via
Barchart
Shootin' the Bull about what can and can't be done
The significance of positive basis exposes producers to risk that can't be managed.
From
Reuters
via
gCaptain
Hijack Call From Ship Off Iran a False Alarm, Security Firm Ambrey Says
A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on Wednesday.
From
Mike Schuler
via
gCaptain
U.S. Container Import Growth Set to Reverse as Tariffs and Ship Fees Loom
Despite strong growth in early 2025, U.S. container ports are bracing for significant volume declines due to new tariffs and planned shipping fees. The ten largest U.S. container ports recorded...
From
Jim Wyckoff
via
Barchart
How Is Moody’s U.S. Debt Downgrade Impacting Commodities Markets and for How Long?
The debt downgrade news is likely to wear off by the end of this week.
From
Austin Schroeder
via
Barchart
Wheat Posting Gains on Wednesday
The wheat market is trading with another round of strength at Wednesday’s midday. Chicago SRW futures are 8 to 9 cents in the green. Kansas City HRW contracts a trading with contracts 7 to 8 cents higher so far on Wednesday. Minneapolis spring wheat futures are up 10 to 11...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher at Midday
The bean market is trading with contracts 10 to 14 cents higher so far on Wednesday. The cmdtyView Cash Bean price is up 11 3/4 cents to $10.15 1/4. Soymeal futures are $1.40/ton on the day, with Soy Oil futures up 63 points. USDA will release their weekly Export Sales...
From
Austin Schroeder
via
Barchart
Corn Rallying into Wednesday
The corn market is posting fresh intraday highs at midday, with contracts 6 to 8 cents in the green. The front month CmdtyView national average Cash Corn price is up 7 cents at $4.34 3/4. EIA’s weekly update showed a rebound in ethanol production of 43,000 barrels per day to...
From
Mike Schuler
via
gCaptain
U.S. Launches First Deep-Sea Mineral Lease Evaluation in 30 Years Near American Samoa
The Department of Interior has initiated its first mineral lease sale evaluation in over 30 years, targeting deep-sea critical minerals in waters offshore American Samoa. This groundbreaking move comes as...
From
Mike Schuler
via
gCaptain
U.S. FMC Launches Investigation into Flags of Convenience Amid Growing Safety Concerns
The U.S. Federal Maritime Commission (FMC) has initiated a nonadjudicatory investigation into vessel flagging practices that may create unfavorable conditions for U.S. shipping trade. The investigation comes amid mounting concerns...
From
Oliver Sloup
via
Barchart
Wheat futures were the leader in Tuesday's trade. Can the rally continue?
A shift in fundamentals and technicals have helped propel wheat futures higher over the last week. Is there more upside left or will this be another short lived relief rally?
From
Austin Schroeder
via
Barchart
Wheat Gains Pushing to Wednesday
Wheat is trading with higher on Wednesday to push the rally a little further. The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session. Tuesday’s Preliminary open interest was...