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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
John Konrad
via
gCaptain
China Coast Guard Sails Into Arctic Waters
China’s Coast Guard, which gained international attention last month during a 60 Minutes feature showcasing its harassment of Philippine ships, has made its Arctic debut. This is more than just...
From
Bloomberg
via
gCaptain
Typhoon Krathon Brings Taiwan to a Standstill
By Mary Hui, Cindy Wang (Bloomberg) Typhoon Krathon tracked slowly toward Taiwan, with the storm set to weaken before making landfall on Thursday morning and the island will keep its $2.5...
From
John Konrad
via
gCaptain
China Coast Guard Enters Arctic: A Power Move with Russia
China’s Coast Guard, which gained international attention last month during a 60 Minutes feature showcasing its harassment of Philippine ships, has made its Arctic debut. This is more than just...
From
Austin Schroeder
via
Barchart
Soybeans Dropping on Wednesday Morning with Meal Weakness
Soybeans are trading with 8 to 10 cent losses so far on Wednesday morning, as nearby Meal is down $12.50/ton. Beans settled the Tuesday session with contracts up fractionally to 1 3/4 cents. CmdtyView’s national front month Cash Bean price was down 1/4 cent at $9.95 3/4. Soymeal continued to...
From
Austin Schroeder
via
Barchart
Corn Higher on Wednesday AM Trade
Corn prices are pushing higher into the midweek session, as contracts are up 2 to 2 ¼ cents. Futures extended the rally into Tuesday following the Monday strength. Contracts were up 2 ¾ to 5 ¼ cents across the board. The national average Cash Corn price from cmdtyView was up...
From
Austin Schroeder
via
Barchart
Wheat Continuing Higher Trade on Wednesday Morning
Wheat is extending its strength into the Wednesday session, with each of the three markets up. Futures put on a rally across all three exchanges on Tuesday. Chicago SRW futures were up 11 ½ to 16 cents across the board at the close. KC HRW contracts closed with gains of...
From
Oliver Sloup
via
Barchart
Corn and Wheat Firm while Soybeans Struggle
Corn and wheat futures are higher in the early morning trade while soybeans struggle to tag along. These are the levels to keep an eye on in today’s trade.
From
Bloomberg
via
gCaptain
Port Strike: Trump and Biden Blame Shipowners While Harris Remains Silent
By Laura Curtis (Bloomberg) The Biden administration and former President Donald Trump lined up behind the dockworkers who walked out of every major East and Gulf coast port on Tuesday, each...
From
Neha Panjwani
via
Barchart
Here’s What to Expect From Coca-Cola’s Next Earnings Report
Coca-Cola will release its third-quarter earnings this month, and analysts anticipate a single-digit bottom-line growth.
From
Austin Schroeder
via
Barchart
Corn Extends Rally on Tuesday
Corn futures extended the rally into Tuesday following the Monday strength. Contracts were up 2 ¾ to 5 ¼ cents across the board. The national average Cash Corn price from cmdtyView was up 6 3/4 cents at $3.96 1/2 per bu. The USDA reported a private export sale of 195,000...
From
Austin Schroeder
via
Barchart
Wheat Rallies Double Digits on Tuesday
Wheat put on a rally across all three exchanges on Tuesday. Chicago SRW futures were up 11 ½ to 16 cents across the board at the close. KC HRW contracts closed with gains of 14 1/2 to 16 3/4 cents on the day. MPLS spring wheat posted gains of 9...
From
Austin Schroeder
via
Barchart
Soybeans Close with Slight Gains
Soybeans settled the Tuesday session with contracts up fractionally to 1 3/4 cents. CmdtyView’s national front month Cash Bean price was down 1/4 cent at $9.95 3/4. Soymeal continued to lead the charge, up another $1 to $5.90/ton in the nearbys and some 2025 contracts down a dime to $1....