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
Angie Setzer
via
Barchart
This Week's Grain Market Movers
Looking at the market developments I am watching this week that are likely to have the greatest influence on price.

From
Mike Schuler
via
gCaptain
Mid-Term GHG Reduction Measures on the Agenda at IMO’s Marine Environment Protection Committee Meeting
The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) convenes its 82nd session from September 30 to October 4, 2024, at IMO Headquarters in London. This crucial meeting will...

From
Mike Schuler
via
gCaptain
New Fortress Energy Ships First Full Cargo from Mexico’s Fast LNG Facility
New Fortress Energy Inc. (NASDAQ: NFE) has marked a significant milestone in the liquefied natural gas (LNG) market with the successful departure of the first full LNG cargo from its...

From
Mike Schuler
via
gCaptain
National Hurricane Center Monitoring Multiple Systems as Atlantic Hurricane Season Heats Up
As the Southeastern U.S. continues to recover from Hurricane Helene’s devastating impact on both coastal and inland communities, the National Hurricane Center (NHC) is continueing to monitor multiple systems in...

From
Mike Schuler
via
gCaptain
East and Gulf Coast Ports Brace for Dockworker Strike as Midnight Deadline Approaches
As the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) face a contract expiration deadline, major ports along the East and Gulf Coasts are implementing contingency plans...

From
Austin Schroeder
via
Barchart
Soybeans Steady at Midday, with Neutral USDA Data
Soybeans are showing just slightly mixed trade at Monday’s midday. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.01. Soymeal is up $2/ton so far on the day. Soy Oil futures are trading 80 points higher. USDA reported a private export sale of 116,000 MT of...

From
Austin Schroeder
via
Barchart
Wheat Pushing Higher at Midday on Slightly Friendly USDA Number
Wheat futures are showing slightly higher trade so far on Monday, the three exchanges pushing higher. Chicago SRW futures are up 5 cents in the nearbys. KC HRW contracts are up 6 to 7 cents at midday. MPLS spring wheat is up 11 to 12 cents in the front months...

From
Austin Schroeder
via
Barchart
Corn Rallies After Bullish US Stocks Number
Corn futures are posting 4 to 6 ½ cent gains so far on the Monday session, following a bull friendly USDA release. The national average Cash Corn price from cmdtyView is up 4 cents at $3.89 per bu. This morning’s Grain Stocks report showed a surprising 1.76 billion bushels of...

From
Darin Newsom
via
Barchart
Econ 101: What We Already Knew About September 1 Grain Stocks
Once again, the majority of the Grains industry seemed to forget what it learned in Econ 101.

From
Malte Humpert
via
gCaptain
China Doubles Down on Arctic Container Shipping Dispatching Second Panamax
(gCaptain) – A week after a Panamax container ship became the first vessel of its size to successfully transit the Arctic, another Chinese shipping operator dispatched a second Panamax box carrier....

From
GCaptain
via
gCaptain
Port Strike Countdown: Bananas, Medicine, and $5 Billion Daily at Stake
A supply chain professor explains what the average American family can expect when East and Gulf Coast port workers go on strike at midnight tonight. by Anna Nagurney (UMass Amherst)...