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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Mike Schuler
via
gCaptain
Mexican Navy Tall Ship Dismasted After Striking Brooklyn Bridge
By Daniel Katzive (gCaptain) – The Mexican Navy training ship Cuautemoc collided with the Brooklyn Bridge Saturday evening, resulting in damage to the ship’s masts and multiple injuries. The New...

From
Bloomberg
via
gCaptain
Frigate Touted By Trump Is Among Navy’s ‘Least Performing’ Programs
By Tony Capaccio May 13, 2025 (Bloomberg) –A $22 billion frigate project that President Donald Trump once touted as “the most beautiful, they look like yachts” was among the US Navy’s...

From
Reuters
via
gCaptain
Guyana Passes Bill Making Companies Liable For Oil Spill Damages
GEORGETOWN, May 17 (Reuters) – Guyana’s parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels. The bill, which passed with a majority...

From
Ben DiCostanzo
via
Barchart
Hogs and Cattle Markets End Week on a Positive Note
Cattle Markets consolidate and Hogs steady into the weekend

From
Jim Roemer
via
Barchart
The Soybean Oil Collapse, “El Niño Neutral” & Trading Grains/Soft Commodities on Weather
Jim reprises his newsletter's key points from the past three weeks.

From
Austin Schroeder
via
Barchart
Wheat Fades Lower into the Weekend, As Specs Add to Shorts
The wheat market ended the week with Friday weakness. Chicago SRW futures closed out the day with losses of 7 to 8 cents this week, as July managed to gain 3 ¼ cents this week. Kansas City HRW contracts fell 11 to 12 cents on Friday, with a weekly loss...

From
Austin Schroeder
via
Barchart
Soybeans Post Mixed Action on Friday
The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel this week. The cmdtyView Cash Bean price was down 1 3/4 cents to $10.00 ¼. Soymeal futures...

From
Austin Schroeder
via
Barchart
Corn Closes the Week on a Lower Note, as Specs Flip Bearish
Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents. The front month CmdtyView national average Cash Corn price was down 4 1/2...

From
Reuters
via
gCaptain
Container Ship Owners Swamped as US-China Trade Detente Revives Demand
Container ship bookings for China-to-U.S. cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear.

From
Sean Lusk
via
Barchart
Grain Spreads: Commercial Hedge Spreads for Consideration
Bigger Protracted Moves Discussed

From
Chris Swift
via
Barchart
Shootin' the Bull about screwing around with the screw worm
In my opinion, what a week of disseminating information for which will most likely take the weekend to decipher.

From
Mike Schuler
via
gCaptain
Pennsylvania Extends Port Incentive Program, Doubling Down on Asian Trade Routes
The Pennsylvania Department of Transportation (PennDOT) has announced the extension of its Intermodal Cargo Growth Incentive Program (PICGIP) until July 2027, continuing its efforts to boost containerized cargo movement through...