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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
Jim Roemer
via
Barchart
In Living Color: Images Explain the "El Niño Neutral" Impact on Global Crops & Commodity Markets
Jim presents an all out, complete briefing for the major commodity futures driven by the weather
From
Austin Schroeder
via
Barchart
Soybeans Push Higher on Friday
Soybean bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged. The cmdtyView Cash Bean price was up 6 3/4 cents to $10.00 1/4. Soymeal futures...
From
Austin Schroeder
via
Barchart
Wheat Falls into the Weekend
The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents this week. Kansas City HRW futures faced weakness, with contracts...
From
Austin Schroeder
via
Barchart
Corn Squares Up Heading into the Weekend
The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) this week and December down 8 ¼ cents. The nearby CmdtyView national average Cash Corn price...
From
Reuters
via
gCaptain
Carriers Slash China–U.S. Routes Amid Trade Collapse
Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said.
From
Sean Lusk
via
Barchart
Grain Spreads: Funds Record Short KC Wheat
Managed Money Presses the Downside
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle - Bubble Bubble Bubble - WASDE Report Monday
From
Mike Schuler
via
gCaptain
Hong Kong Ship Captain Detained Over 2023 Baltic Pipeline Damage
The captain of a Hong Kong-flagged container ship has been remanded in custody in connection with the October 2023 damage to the Balticconnector pipeline, a critical natural gas infrastructure connecting...
From
Chris Swift
via
Barchart
Shootin' the Bull about changes in the industry
In my opinion, the cattle industry is changing rapidly. Woefully too much production and processing capacity, caused by the Biden administrations gratuitous handouts of subsidies in every form of payment or forgiveness program to give away 6 trillion dollars, being the cause.
From
Austin Schroeder
via
Barchart
Soybeans Rallying into the Weekend
The soybean market is trading with 7 to 12 cent gains ahead of the weekend meeting with the US and China. There were another 3 deliveries issued against May soybeans on Thursday. The cmdtyView Cash Bean price is up 11 3/4 cents to $10.05 1/4. Soymeal futures are up 30...
From
Austin Schroeder
via
Barchart
Wheat Falling at Midday
The wheat market is trading with losses at Friday’s midday. Chicago SRW futures are trading with 5 to 6 cent losses in the front months on Friday. Kansas City HRW futures are facing midday weakness, with to 5 cent losses at midday. Minneapolis spring wheat futures are trading with contracts...
From
Austin Schroeder
via
Barchart
Corn Bulls Pushing Higher at Midday
Corn futures are posting a round of strength ahead of the weekend, with contract up 1 to 4 cents at midday. There were another 17 deliveries issued against May futures overnight. The nearby CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.20 1/2. USDA reported a...