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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
Mike Schuler
via
gCaptain
Military Sealift Command Marks 75 Years Supplying the U.S. Military
The U.S. Navy’s Military Sealift Command (MSC) celebrated its 75th anniversary on Tuesday, marking three-quarters of a century as the premier maritime logistics provider for the Department of Defense. Since...
From
Bloomberg
via
gCaptain
ILA Chief Daggett Aims to Make History With Election Day Looming
By Laura Curtis, Deena Shanker and Michael Sasso (Bloomberg) — Union chief Harold Daggett, clad in a blue sweatshirt that read “The Docks Are Ours,” relished the fear he says gripped...
From
Reuters
via
gCaptain
Iran Fires Barrage of Ballistic Missiles at Israel, Escalating Middle East Tensions
By James Mackenzie and Maya Gebeily JERUSALEM/BEIRUT, Oct 1 (Reuters) – Iran fired ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon, drawing vows...
From
Oliver Sloup
via
Barchart
A Wild Start to the Month for Grain and Livestock Markets
Headline risk from the outside markets trickled into money flow in commodities through today's trade. Here's how things shook out and a few important headlines.
From
Chris Swift
via
Barchart
Shootin' the Bull about Cattle, Grains and Port Strikes
In my opinion, today's price action in much of the commodity complex was driven by outside market influences related to port strike headlines and rocket attacks in Israel from Iran. Yesterday's friendly corn stocks report pushed corn up another 3 3/4 cents in today's session with the Dec contract @ 428 1/2, a new high close for this move.
From
Mike Schuler
via
gCaptain
President Biden Urges Foreign-Owned Port Employers to Improve Offer and End Dockworker Strike
As the International Longshoremen’s Association (ILA) launched a widespread strike affecting 36 U.S. Atlantic and Gulf coast ports from Maine to Texas, President Joe Biden has called for fair wage...
From
Reuters
via
gCaptain
U.S. Port Strike Adds Uncertainty to Fed’s Inflation Fight
By Howard Schneider NASHVILLE, Tennessee, Oct 1 (Reuters) – The COVID-19 pandemic’s crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought the fallout from disrupted ports and backed up container...
From
Bloomberg
via
gCaptain
Explosive-Packed Drone Boat Strikes Oil Tanker in Red Sea
(Bloomberg) — An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from...
From
Austin Schroeder
via
Barchart
Wheat Rallying Double Digits on Tuesday
Wheat is rallying across all three exchanges on Tuesday. Chicago SRW futures are up 15 to 16 cents across the nearby contracts at midday. KC HRW contracts are up 16 to 17 cents so far on the day. MPLS spring wheat is trading with 11 to 13 cent gains. Crop...
From
Austin Schroeder
via
Barchart
Corn Rally Continuing into Tuesday
Corn futures are extending the rally form Monday into Tuesday, as contracts are up another 4 to 6 cents. The national average Cash Corn price from cmdtyView is up 7 1/4 cents at $3.97 per bu. The USDA reported a private export sale of 195,000 MT of 2024/25 corn to...