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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
Chris Swift
via
Barchart
Shootin' The Bull About Today's Cattle, Grains and Energy Trade
Live cattle closed in the red with the October contract down $1.40 on the day. Yesterday's move was attributed to money flow and news of cash trade in Texas starting at 186 and 187 Ia/Mn. It was on light volume with only 68 head trading at that 187 level. As traders try to discern if ports backing up is bearish or bullish cash cattle prices, those who are bidding this market are giving producers more marketing opportunities than they had in recent past.
From
Oliver Sloup
via
Barchart
Grain Futures Take Pause After a Strong Start to the Week
Corn and wheat were leaders to the upside at the start of the week but fell back in today's trading after failing against technical resistance. A healthy correction or more downside to come?
From
Mike Schuler
via
gCaptain
Florida Governor DeSantis Deploys National Guard to Ports Amid Longshoremen Strike
Florida Governor Ron DeSantis has announced plans to deploy the Florida National Guard and Florida State Guard to ports affected by the ongoing International Longshoreman’s Association strike, which is impacting...
From
Mike Schuler
via
gCaptain
Taft-Hartley: Port Strike Sparks Urgent Calls for Biden Intervention
The widespread dockworker strike at East and Gulf Coast ports has prompted numerous organizations and stakeholders in America’s supply chain to urge the Biden-Harris Administration to intervene, citing potential severe...
From
Austin Schroeder
via
Barchart
Corn Slipping Back on Thursday
Corn futures are showing just fractional losses far on the Thursday session, despite better than expected export business. The national average Cash Corn price from cmdtyView is down ½ cent at $4.00 3/4 per bu. Dryness for much of the US over the next week, with drier and warmer weather...
From
Austin Schroeder
via
Barchart
Soybeans Pulling Off Lows at Midday
Soybeans are trading with just fractional losses on Thursday’s midday, after double digit losses earlier in the morning. CmdtyView’s national front month Cash Bean price is down 1/2 cent at $9.93 1/2. Soymeal is down $3.80-$4.10/ton across the front months but off the lows. Soy Oil futures are up 108...
From
Austin Schroeder
via
Barchart
Wheat Pulling Back on Thursday Trade
Wheat trading with midday losses across the three markets on Thursday. Chicago SRW futures are down 6 to 7 ¼ cents across the front months. KC HRW contracts are 2 to 4 cents lower so far on the day. MPLS spring wheat is mixed at midday, with nearby contracts within...
From
Bloomberg
via
gCaptain
Arctic Allies to Form Security Group to Counter Russia, China
(Bloomberg) — Canada is working with Nordic countries to create a new Arctic security coalition that would exclude Russia and offer a place to coordinate on defense, intelligence and cyber...
From
John Konrad
via
gCaptain
TikTok Fury and Death Threats: Will ILA Union Boss Daggett Fold or Double Down?
By Captain John Konrad (gCaptain) – The strike paralyzing 36 American East and Gulf Coast ports has taken a dark turn. What began as a labor dispute over wages and...
From
Reuters
via
gCaptain
Prepare for Attack: Houthis Issue Email Warning to Shipping Fleets
ATHENS/LONDON, Oct 3 (Reuters) – On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company noticed an unusual email had landed in his personal...
From
Mike Schuler
via
gCaptain
Biden Administration Awards Contract to Decommission Orphaned Pipelines in Gulf of Mexico
The Bureau of Safety and Environmental Enforcement (BSEE) has taken a significant step in addressing legacy pollution off the Texas coast. As part of the Biden-Harris Administration’s environmental cleanup efforts,...