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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
Mike Schuler
via
gCaptain
U.S. Faces Supply Chain Crisis Weeks Before Election
By Laura Curtis (Bloomberg) — Just as US policymakers shift focus from curbing inflation to shoring up the job market, the economy faces a jolt that threatens the kind of...
From
Oliver Sloup
via
Barchart
Grains Firm in the Early Morning Trade
Grains are higher to start the last full trading week of the quarter. Can strength continue through the week.
From
Austin Schroeder
via
Barchart
Wheat Popping Higher on Monday Morning
Wheat futures are rallying across the three exchanges on Monday morning, double digits in some cases. The wheat complex saw mixed action across the three markets on Friday.Chicago SRW futures were up fractionally to 3 cents on the day, as December was down 26 ¼ cents week. KC HRW posted...
From
Austin Schroeder
via
Barchart
Soybeans Up Double Digits Early on Monday
Soybeans are trading with 13 to 14 ½ cent gains so far to start the week. They ended the Friday session with slight 1 ¼ to 5 cent losses, as midday gains failed to hold. November managed to close 5 ¾ cents higher week/week. CmdtyView’s national front month Cash Bean...
From
Austin Schroeder
via
Barchart
Corn Reverting to Higher Trade on Monday AM
Corn prices are starting off the Monday session with sharp 6 to 7 cent gains. Futures rounded out the Friday session with losses of 2 to 4 ¼ cents and near the session lows. December was down 11 ½ cents on the week. The national average Cash Corn price from...
From
Nick Ehrenberg
via
Barchart
Live Cattle Analysis With Targets
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
GCaptain
via
gCaptain
Op-Ed: U.S. Mariner Shortage Demands Action Now
By Bruce Kimbrell (Policy Op-Ed) The Chief of Naval Operations, Admiral Lisa Franchetti, finds herself at the proverbial ‘tip of the spear’ for America’s strategic sealift readiness—forced into an impossible...
From
Bloomberg
via
gCaptain
‘Doomsday’ Glacier Set To Melt Faster, Swell Seas As World Heats Up
By Danielle Bochove Sep 22, 2024 (Bloomberg) –Tidal action on the underside of the Thwaites Glacier in the Antarctic will “inexorably” accelerate melting this century, according to new research by British and...
From
Bloomberg
via
gCaptain
Iran Holds Its Largest Naval Drills In Persian Gulf
By Arsalan Shahla Sep 21, 2024(Bloomberg) –Iran’s army and the Islamic Revolutionary Guard Corps conducted their largest joint naval exercises to date in the country’s southern waters, according to state television....
From
Reuters
via
gCaptain
Russia And China Start Naval Exercises In Sea Of Japan
MOSCOW, Sept 21 (Reuters) – Russia and China started naval exercises in the Sea of Japan on Saturday, Russian news agencies cited Russia’s Pacific Fleet as saying. “A joint detachment of warships...
From
Mike Schuler
via
gCaptain
FBI Boards Ship Managed by Company Linked to Baltimore Bridge Collapse
Federal agents have boarded a vessel managed by the same company responsible for the containership that struck the Francis Scott Key Bridge in Baltimore back in March, killing six people...
From
Editorial
via
gCaptain
Superyacht Tragedy: Deep Dive Into The High-Stakes World Of Underwater Search And Rescue
by Jamie Pringle (Keele University) Search and rescue (SAR) for missing persons is always challenging for the specialist recovery teams involved, regardless of the environment they’re working in. But the...