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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
Reuters
via
gCaptain
Shipping Traffic Through Strait of Hormuz Rises Slightly, Data Shows
Shipping traffic at the Strait of Hormuzrose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the waterway, data showed on Thursday.
From
Bloomberg
via
gCaptain
Chinese Container Liners Head for Profit Jump as Rates Surge
Chinese container liners are set for an earnings windfall, echoing regional and global peers, as a rush to get ahead of shifting tariffs and persistent shipping disruptions has driven freight rates to a two-year high.
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...
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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)...
From
Oliver Sloup
via
Barchart
A BIG Week Ahead for Grain and Livestock Markets
Today marks the end of the day and end of the quarter, but there are also a few other key events this week that could influence market action.
From
John Konrad
via
gCaptain
Chemical Tanker Captain Imprisoned After New Orleans Oil Spill
NEW ORLEANS, LA (gCaptain) In a high-profile case involving environmental crimes at sea, two corporations—Privé Overseas Marine and Privé Shipping Denizcilik Ticaret—received their sentences last week in federal court in...
From
Reuters
via
gCaptain
Montreal Port Workers Begin Three-Day Strike at Container Terminals
Sept 30 (Reuters) – Unionized workers have begun a three-day strike at two terminals of the port of Montreal as talks over a new contract are yet to result in a labor agreement, the Canadian port’s...
From
Mike Schuler
via
gCaptain
Maersk’s ‘Equal at Sea’ Initiative Driving a Sea Change in Maritime Diversity
Maersk’s ‘Equal At Sea’ Initiative Achieves 45% Women Cadets in India A.P. Moller – Maersk has made significant progress in gender equality within the maritime sector through its “Equal At...
From
Alex Bering
via
gCaptain
SS Richard Montgomery: The Ticking Time Bomb Beneath the Thames Estuary
Off the coast of Sheerness in Kent, England, lies one of the world’s most dangerous shipwrecks. The SS Richard Montgomery, a US Liberty Ship built in 1943 during World War...
From
John Konrad
via
gCaptain
Hanwha Ocean Faces Shipyard Delays Following Worker Fatality
The death of a worker at Hanwha Ocean’s shipyard early this month has ignited scrutiny over safety practices in South Korea’s shipbuilding industry. Following the accident, in which a subcontractor...
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back on Monday Morning
Soybeans are trading with 5 to 6 ½ cent losses so far on Monday. They got some support from the solid side of the products on Friday, with contracts up 11 to 24 ¾ cents across the board. November ended the week with a 53 ¾ cent gain since last...
From
Austin Schroeder
via
Barchart
Corn Slightly Lower to Kick Off Report Day
Corn futures closed out the week, with contracts up 2 ¼ to 4 ¾ cents across the board. December was up 16 ¼ cents (4.04%). The national average Cash Corn price from cmdtyView was up 5 cents at $3.85 3/4 per bu. Commitment of Traders data from CFTC showed specs...
From
Austin Schroeder
via
Barchart
Wheat Trending Higher to Kick Off Monday
Wheat is posting slight gains on Monday morning trade, with contracts up across the main markets. Futures faltered to weakness on Friday across all three exchanges. Chicago SRW futures were down 2 ¾ to 4 ¼ cents on the session, with December holding a 11 ½ cent gain on the...