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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
Austin Schroeder
via
Barchart
Soybeans Slipping Back on Wednesday Morning
Soybeans are trading with 8 to 9 cent losses so far on Wednesday. They faded off the morning gains, as contracts settled with gains of just 3 to 4 ½ cents across the board. CmdtyView’s national front month Cash Bean price was up 3 1/4 cents at $9.81 1/4. Soymeal...
From
Oliver Sloup
via
Barchart
Grains Retreat in the Overnight Trade
Grains finished Tuesday’s trade well off the highs which has led to weakness in the overnight and early morning trade. Where’s the support?
From
Reuters
via
gCaptain
East Coast Port Strike Threatens Supply Chains, Inflation and Presidential Election
By Lisa Baertlein and Timothy Aeppel – NEW YORK (Reuters) – U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and...
From
Bloomberg
via
gCaptain
Port of Vancouver Grain Workers Strike in Middle of Harvest
By Thomas Seal (Bloomberg) — Grain workers at Canada’s biggest port went on strike Tuesday over a dispute regarding hours and pay, setting up what an industry association called a “devastating” situation...
From
Jim Roemer
via
Barchart
South American crop problems, a major hurricane, and commodity market implications
Jim's video addresses implications for a Plains wheat drought and grain weather for South America
From
Nick Ehrenberg
via
Barchart
Key Levels and Why, Soybeans, Soybean Oil and Cattle
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Corn Slips Lower into the Close
Corn futures closed out the Tuesday session turning around from the early morning strength, as contracts were down 1 to 1 3/4 cents. The national average Cash Corn price from cmdtyView was down by 1 ½ cents at $3.79 per bu. The weekly Crop Progress report from NASS showed condition...
From
Austin Schroeder
via
Barchart
Soybeans Manage to Hold Gains at the Close
Soybeans faded off the morning gains, as contracts settled with gains of just 3 to 4 ½ cents across the board. CmdtyView’s national front month Cash Bean price was up 3 1/4 cents at $9.81 1/4. Soymeal futures posted $2.40 to $3.40/ton losses. Soy Oil futures were rallying 104 t...
From
Austin Schroeder
via
Barchart
Wheat Feels Weakness on Turnaround Tuesday
Wheat futures closed with weakness on Tuesday across all three markets to fade the morning gains. Chicago SRW futures were down 2 3/4 to 4 1/2 cents on the day. KC HRW posted 4 ¼ to 6 ¼ cent losses. MPLS spring wheat was down 6 ¾ to 7 ½...
From
Mike Schuler
via
gCaptain
Helene’s Eastward Track Eases Pressure on Gulf Energy Production
By Gary McWilliams and Marianna Parraga HOUSTON, Sept 24 (Reuters) – Tropical Storm Helene was expected to turn eastward on its track through the Caribbean and into the Gulf of Mexico, increasing...
From
Reuters
via
gCaptain
Iran Brokering Russia-Houthi Talks on Anti-Ship Missiles, Sources Say
By John Irish, Parisa Hafezi and Jonathan Landay UNITED NATIONS, Sept 24 (Reuters) – Iran has brokered ongoing secret talks between Russia and Yemen’s Houthi rebels to transfer anti-ship missiles to the...
From
Mike Schuler
via
gCaptain
ILA and USMX at Loggerheads as Coastwide Port Strike Looms
The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) are locked in a contentious negotiation over a new Master Contract, with a potential coastwide strike threatening to disrupt...