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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
Soybeans Higher to Kick Off Friday Trade
Soybeans are trading with 2 to 3 cent gains on Friday morning. Bulls put on a midday push on Thursday but failed to hold the pop off the lows into the close, as contracts were down 6 ½ to 10 cents. CmdtyView’s national front month Cash Bean price was down...
From
Austin Schroeder
via
Barchart
Wheat Extending Pullback into Friday Morning
Futures are kicking off the Friday session with losses across the three markets. Wheat posted Thursday losses across the three markets. Chicago SRW futures were down 5 to 11 ¾ cents across the board. KC HRW contracts were 4 to 7 3/4 cents lower on the day, with a few...
From
Austin Schroeder
via
Barchart
Corn Heading Lower on Friday AM
Corn prices are starting off the Friday session with losses of 4 to 4 ½ cents. Futures took a break from this week’s rally, as contracts pulled back by 1 to 4 ¼ cents across the board, led by the nearbys. The national average Cash Corn price from cmdtyView was...
From
Mike Schuler
via
gCaptain
US Sanctions Ships Linked to Illicit Houthi and Iranian Oil Shipments
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken its latest action against Houthi-linked weapons procurement and vessels involved in illicit oil shipments supporting Houthi...
From
Mike Schuler
via
gCaptain
Tentative Agreement Reached to End U.S. Port Strike
U.S. dockworkers and port operators have reached a tentative agreement to end a three-day strike that disrupted port operations at U.S. Atlantic and Gulf Coast ports. The International Longshoremen’s Association...
From
Nick Ehrenberg
via
Barchart
Soybean Oil 50.00 Target and Why
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Mike Schuler
via
gCaptain
Watch: Houthi Rebels Attack Panama-Flagged Tanker in Red Sea
The Iranian-backed Houthis have released new video footage of an unmanned surface vessel (USV) attack on the Panama-flagged tanker M/T Cordelia Moon in the Red Sea. The incident, which occurred...
From
Austin Schroeder
via
Barchart
Corn Pulls Back on Thursday
Corn futures took a break from this week’s rally, as contracts pulled back by 1 to 4 ¼ cents across the board, led by the nearbys. The national average Cash Corn price from cmdtyView was down 4 1/4 cents at $3.96 1/4 per bu. Dryness for much of the US...
From
Austin Schroeder
via
Barchart
Soybeans Revert Lower into Thursday’s Close
Soybean bulls put on a midday push but failed to hold the pop off the lows into the close, as contracts were down 6 ½ to 10 cents. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.83. Soymeal was down $7-$8.50/ton across most contracts. Soy Oil...
From
Austin Schroeder
via
Barchart
Wheat Trade Falls Back on Thursday
Wheat posted Thursday losses across the three markets. Chicago SRW futures were down 5 to 11 ¾ cents across the board. KC HRW contracts were 4 to 7 3/4 cents lower on the day, with a few deferred contracts slightly higher. MPLS spring wheat was down 2 ¼ to 2...
From
Mike Schuler
via
gCaptain
Watch: Ships Collide in Bosphorus Strait
Two vessels collided in the Bosphorus Strait near Pasalimani in the southern Sea of Marmara in Turkey, on Thursday. The Turkish Directorate General of Coastal Safety confirmed that the ships...
From
Bloomberg
via
gCaptain
Green Hydrogen Hype Fades as High Costs Force Projects to Retreat
(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the...