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
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.

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,...

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.

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...

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....

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....

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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For detailed updates and additional resources, explore our resources section.

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...

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.

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.

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...

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...

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....

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.

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.

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.

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...

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.

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.