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.

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Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Defense
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker

Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Shipping
August 20, 2025
From 
Reuters
 via 
gCaptain

Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks

Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
News
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat

Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
Fire Breaks Out on USS New Orleans Off Okinawa
Defense
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Fire Breaks Out on USS New Orleans Off Okinawa

A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
Accidents
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa

External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
News
August 20, 2025
From 
Bloomberg
 via 
gCaptain

India’s Nayara Turns to Dark Fleet and Russian Oil for Survival

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.

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Port of Savannah Sets New Container Volume Record
Ports
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Savannah Sets New Container Volume Record

The Georgia Ports Authority (GPA) reported record-breaking container volumes at the Port of Savannah, handling 515,500 TEUs in April 2025, marking a 17 percent increase from the previous year. The...
Why Do I track CFTC's Legacy, Futures Only Commitments of Traders Reports?
Grain
May 20, 2025
From 
Darin Newsom
 via 
Barchart

Why Do I track CFTC's Legacy, Futures Only Commitments of Traders Reports?

I continue to have questions come in about my choice of CFTC Commitments of Traders reports. Given this, let's revisit my earlier piece, "The CFTC, Newton, and Me" from 2021.
Trump-Hochul Deal Revives New York Offshore Wind Project—and Possibly Pipelines
Offshore
May 20, 2025
From 
Bloomberg
 via 
gCaptain

Trump-Hochul Deal Revives New York Offshore Wind Project—and Possibly Pipelines

The Trump administration is allowing construction to resume on a $5 billion wind farm off Long Island after reaching a deal with New York Governor Kathy Hochul that could allow new natural gas pipelines to be built in the state.
Corn Popping Higher at Midday
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Popping Higher at Midday

Corn futures are getting some help via double digit gains in the wheat market, as contracts are up 5 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 1/2 cents at $4.25 1/4. Crop Progress data showed the US corn crop at...
Wheat Rallying on Tuesday
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Rallying on Tuesday

Wheat futures are trading with Tuesday midday gains across the three exchanges as a drop in ratings is giving some shorts a reason to cover. Chicago SRW futures are up 16 to 18 cents so far on the session. Kansas City HRW contracts are 15 to 16 cents in the...
Soybeans Bulls Holding Their Ground at Midday
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Bulls Holding Their Ground at Midday

Soybeans are trying to sneak out some gains at Tuesday’s midday, with contracts 1 to 4 cents higher. The cmdtyView Cash Bean price is up 1 ½ to $10.03 3/4. Soymeal futures are up $2.10/ton so far on the day, with Soy Oil futures back down 16 points at midday....
India Launches $10 Billion Tanker Fleet Plan to Boost Energy Security and Shipbuilding
Shipping
May 20, 2025
From 
Bloomberg
 via 
gCaptain

India Launches $10 Billion Tanker Fleet Plan to Boost Energy Security and Shipbuilding

India plans to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil seeks to have its own fleet to secure supplies.
Yemen’s Houthis Announce ‘Maritime Blockade’ on Israel’s Haifa Port
Shipping
May 20, 2025
From 
Reuters
 via 
gCaptain

Yemen’s Houthis Announce ‘Maritime Blockade’ on Israel’s Haifa Port

Yemen's Iran-aligned Houthis announced on Monday what they called a "maritime blockade" on Israel's Haifa port in response to Israel's ongoing conflict in Gaza.
EU, Britain Go Ahead With New Russia Sanctions Without Waiting for Trump
Shipping
May 20, 2025
From 
Reuters
 via 
gCaptain

EU, Britain Go Ahead With New Russia Sanctions Without Waiting for Trump

The EU and Britain announced new sanctions against Russia on Tuesday without waiting for the United States to join them, a day after President Donald Trump's phone call with Vladimir Putin failed to elicit a promise for a ceasefire in Ukraine.
UK Cracks Down on Russia’s Shadow Fleet with New Sanctions
Shipping
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

UK Cracks Down on Russia’s Shadow Fleet with New Sanctions

The UK has unveiled new measures targeting Russia’s shadow fleet operations and oil trade as part of a broader 100-sanction package. The UK’s latest maritime sanctions specifically target 18 additional...
Market Bottom Alert: Corn Prices Are Rebounding and More Upside Is Likely
Grain
May 20, 2025
From 
Jim Wyckoff
 via 
Barchart

Market Bottom Alert: Corn Prices Are Rebounding and More Upside Is Likely

More years than not, a weather scare occurs and is bullish for the corn futures market.
EU Targets Nearly 200 ‘Shadow Fleet’ Vessels in Largest-Ever Sanctions Package, U.S. on Sidelines
Shipping
May 20, 2025
From 
Malte Humpert
 via 
gCaptain

EU Targets Nearly 200 ‘Shadow Fleet’ Vessels in Largest-Ever Sanctions Package, U.S. on Sidelines

The European Union has adopted its 17th sanctions package against Russia – its most comprehensive round yet. With today’s addition of 189 shadow fleet vessels the total number of ships sanctioned by the EU now stands at 342; a rapid expansion since the end of 2024 when the list encompassed only 79 vessels.