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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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For detailed updates and additional resources, explore our resources section.
From
Nick Ehrenberg
via
Barchart
Grain/Livestock Overview, Soybean Analysis
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Reuters
via
gCaptain
Five Allied Navies Drill Amid China’s Massive Military Exercise
By Neil Jerome Morales MANILA, Sept 28 (Reuters) – The armed forces of five countries conducted joint maritime exercises in a portion of the South China Sea on Saturday as China carried...
From
Mike Schuler
via
gCaptain
Oil Sheen Spotted Near Bulk Carrier in Baltimore Harbor
The U.S. Coast Guard has launched an investigation into a potential oil spill on the Patapsco River in Baltimore Harbor. On Thursday evening, a 50-foot by 50-foot oil sheen was...
From
Brady Sidwell
via
Barchart
Month and quarter ending with market exuberance
USDA Stocks Report on Monday
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
1 | Farmers First! Tuesday marked an important day for U.S. farmers as politicians on both sides of the aisle introduced the Farmer First Fuel Incentives Act which would require the Treasury Dept to restrict eligibility of the 45Z tax credit to renewable fuels MADE ONLY FROM DOMESTICALLY SOURCED FEEDSTOCKS...
From
Ben DiCostanzo
via
Barchart
Livestock Markets Can't Sustain Early Rallies
The markets rally early and then pullback, ending the week on a sour note
From
Mike Schuler
via
gCaptain
Businesses Sue Grace Ocean and Synergy Marine for ‘Preventable’ Baltimore Bridge Disaster
A class action lawsuit has been filed against Grace Ocean Private Limited and Synergy Marine PTE LTD, the owner and manager of the M/V Dali, following the collapse of the...
From
Austin Schroeder
via
Barchart
Wheat Closes Friday as the Grains Weak Spot
Wheat 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 week. KC HRW contracts were 1 to 2 1/4 cents lower across the board, with...
From
Austin Schroeder
via
Barchart
Soybeans Follow Meal Higher into the Weekend
Soybeans 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 Friday. CmdtyView’s national front month Cash Bean price was back up 24 1/4 cents...
From
Austin Schroeder
via
Barchart
Corn Closes the Week on a High Note
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
Reuters
via
gCaptain
Houthis Claim Attacks on U.S. Destroyers
Sept 27 (Reuters) – Yemen’s Iran-aligned Houthi militants said on Friday they had targeted the Israeli cities of Tel Aviv and Ashkelon along with three U.S. destroyers in the Red Sea with missiles and...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Soybeans and Corn Make New Highs - Livestock Markets Mixed