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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
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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From
Reuters
via
gCaptain
Russia Releases Oil Tanker from Baltic Sea Detention, Estonian Broadcaster Says
Russia has released a Greek-owned oil tanker which was detained in Russian waters on Sunday after leaving an Estonian port, and the vessel has resumed its journey towards the Dutch port of Rotterdam, Estonian public broadcaster ERR reported on Tuesday.
From
Bloomberg
via
gCaptain
Russia’s Crude Exports Slip While Ships Seek to Avoid Detection
Russia's oil exports are becoming increasingly difficult to track as the tankers moving the barrels disappear from digital tracking systems. Moscow’s exports slipped slightly in the past four weeks, according to monitoring of those flows by Bloomberg.
From
Austin Schroeder
via
Barchart
Soybeans Steady on Tuesday AM Trade
Soybeans are trading with early Tuesday action close to unch, with contracts fractionally mixed. The soybean market saw slight gains on Monday, with contracts steady to 2 cents in the green at the close. Preliminary open interest suggested a rotation of ownership, up 1,332 contracts on Monday. The cmdtyView Cash...
From
Austin Schroeder
via
Barchart
Wheat Rallying on Tuesday Morning, as Wheat Ratings Slip
Wheat futures are starting off the Tuesday session with contracts higher across the three exchanges. The wheat market closed out the Monday session with bulls gaining ground. Chicago SRW futures saw 4 cent gains in the nearbys. Kansas City HRW contracts were 6 to 7 cents in the green. Preliminary...
From
Austin Schroeder
via
Barchart
Corn Gains Continue into Tuesday Morning
The corn market is starting off Tuesday trade with contracts up 4 to 6 cents in the green, Corn futures saw gains on Monday, as bulls were rallying into the close, with post 4 to 7 cent gains. Preliminary open interest was up 6,103 contracts across the board on Monday,...
From
Mike Schuler
via
gCaptain
Trump Administration Lifts Stop Work Order on $5B Empire Wind Project
The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has lifted the stop work order on the Empire Wind project, allowing construction activities to resume after a month-long...
From
Reuters
via
gCaptain
EU Likely to Propose to G7 Lowering Price Cap on Russian Oil to $50 per Barrel
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
From
Austin Schroeder
via
Barchart
Soybeans Close Slightly Higher as Planting Pace Rolls
The soybean market saw slight gains on Monday, with contracts stready to 2 cents in the green at the close. The cmdtyView Cash Bean price was up a penny to $10.01 1/4. Soymeal futures are down 80 cents to $1.20/ton on the day, with Soy Oil futures back up 50...
From
Austin Schroeder
via
Barchart
Corn Rallies into the Close
Corn futures saw gains on Monday, as bulls were rallying into the close, with post 4 to 7 cent gains. The front month CmdtyView national average Cash Corn price was up 4 1/4 cents at $4.20 1/2. Weekly Export Inspections data tallied corn shipments at 1.719 MMT (67.68 mbu) in...
From
Austin Schroeder
via
Barchart
Wheat Posts Monday Gains, as Wheat Ratings Slip
The wheat market closed out the Monday session with bulls gaining ground. Chicago SRW futures saw 4 cent gains in the nearbys. Kansas City HRW contracts were 6 to 7 cents in the green. Minneapolis spring wheat futures were 11 to 13 cents higher. Export Inspections data showed a total...
From
Mike Schuler
via
gCaptain
Port of Los Angeles Reports Strong April Volumes Ahead of Expected Trade Slowdown
The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April 2025, marking a 9.4% increase compared to the previous year and securing its position as the third-best...