.svg){kind=icon}
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...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
John Konrad
via
gCaptain
Rolls-Royce Nuclear Secures Major Micro Reactor Contract
In a move that could redefine the global energy landscape and eventually bring emissions-free energy to shipping, Rolls-Royce has inked a deal with the Czech Republic to deploy its next-generation...
From
Editorial
via
gCaptain
Titanic Movie – Critics Turn On James Cameron
by Daryl Sparkes (University of Southern Queensland) When it was released 25 years ago, James Cameron’s Titanic was enormous. It made stars of its two leads, Leonardo DiCaprio and Kate...
From
Ben DiCostanzo
via
Barchart
Hogs and Cattle Markets Rally to New High For Recent Up Move
Cattle ends week strong as packers pay up
From
Austin Schroeder
via
Barchart
Soybeans Close on the Lower Side on Unchanged
Soybeans 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 price is down a penny at $9.50 1/4. Soymeal futures added pressure for the session, with...
From
Austin Schroeder
via
Barchart
Wheat Heads into the Weekend Mixed
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 this week. KC HRW posted fractional to 1 cent losses across the board, with Dec dropping 36 cents since last...
From
Austin Schroeder
via
Barchart
Corn Fall into Friday’s Close
Corn 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 cmdtyView is down 3 ½ cents at $3.68 ¼ per bu. Commitment of Trader...
From
Bloomberg
via
gCaptain
Russia’s Sovcomflot Says G7 Sanctions Make Oil Trade Less Safe
By Bloomberg News (Bloomberg) — Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock Markets All Made New 1-Month Highs - The Grains Sat and Watched
From
Chris Swift
via
Barchart
Shootin' the Bull about a good day to conduct business
In my opinion, a great deal of opportunity was presented this week to get some marketing done at price levels and basis spreads previously unavailable.
From
John Konrad
via
gCaptain
Los Angeles Yacht Explodes With Thousands of Pounds of Ammo, Fireworks, and Fuel
Marina del Rey, California (gCaptain) In the early evening Wednesday a yacht explosion in Los Angeles County, transformed from a tranquil harbor to a chaotic disaster zone. The Admiral, a...
From
Barry Parker
via
gCaptain
Disruption Drives Shipping: How Geopolitical Tensions and Market Volatility Are Reshaping Global Maritime Trade
(gCaptain) – One presenter at a recent seminar, produced jointly by law firm Reed Smith and class society DNV, Jakub Walenkiewicz, the Principal Market Analyst at DNV, posited that recent...