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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
UK’s Crown Estate Gives Green Light to Expand Capacity at Offshore Wind Sites
King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition.
From
Bloomberg
via
gCaptain
Trump’s First Trade Pact Offers Faint Glimpse on Art of the Deal
For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground he’s prepared to give.
From
Reuters
via
gCaptain
In Panama, Trump’s New Ambassador Casts China as Threat to Frayed Alliance
The United States' new ambassador to Panama pledged on Thursday to strengthen ties with the Central American country while pushing China as a common threat.
From
Mike Schuler
via
gCaptain
U.S. Container Imports Set for Historic Decline as New Trump Tariffs Impact Supply Chain
Import cargo volumes at major U.S. container ports are poised to see their first year-over-year decline in more than 18 months, according to the latest Global Port Tracker report from...
From
Mike Schuler
via
gCaptain
UK Targets Russia’s Shadow Fleet in Largest-Ever Maritime Sanctions Package
The UK government announced today its largest-ever sanctions package targeting Russia’s shadow fleet, with measures aimed at up to 100 oil tankers responsible for transporting more than $24 billion worth...
From
Austin Schroeder
via
Barchart
Wheat Looking at Slightly Higher Trade on Friday Morning
Wheat posting fractional to 2 cent gains on Friday AM trade. The wheat complex held the weakness into the Thursday close. Chicago SRW futures were down 5 cents in the front months. Thursday’s Preliminary open interest was up 5,561 contracts. There were another 9 deliveries issued against May CBT wheat...
From
Austin Schroeder
via
Barchart
Corn Bulls Trying to Show Strength at Week-End
Corn futures are trading with 2 to 5 ½ cent gains so far on Friday morning. The corn market pulled off the session lows into the Thursday close, with contracts down 1 to 2 cents at the close. Preliminary open interest was up 26,996 contracts on Thursday. There were another...
From
Austin Schroeder
via
Barchart
Soybeans Sneaking out Gains Early on Friday
The soybean market is showing gains of 2 to 5 1/2 cents on Friday morning. Soybeans saw 3 to 6 cent gains across most contracts on Thursday, fighting off midday pressure. Preliminary open interest was up 5,894 contracts on Thursday, most coming in November. There were another 3 deliveries issued...
From
Reuters
via
gCaptain
As Trade Talks Begin, Chinese Exporters Prepare to Get Goods Moving to US Again
China-based shipping agents have resumed buying container space for goods headed for the United States after a series of U.S. tariff-induced cancellations, as Beijing and Washington head for trade talks in Switzerland.
From
Austin Schroeder
via
Barchart
Soybeans Pop Higher on Thursday
Soybeans saw 3 to 6 cent gains across most contracts on Thursday, fighting off midday pressure. The cmdtyView Cash Bean price was up 6 1/2 cents to $9.94 1/2. Soymeal futures were down 20 to 90 cents/ton, with Soy Oil futures back up 74 to 112 points. A private export...
From
Austin Schroeder
via
Barchart
Wheat Losses Hold on Thursday
The wheat complex held the weakness into the Thursday close. Chicago SRW futures were down 5 cents in the front months. Kansas City HRW futures were 4 to 5 cents in the red on the day. Minneapolis spring wheat futures fell back 2 to 3 cents at the close. The...
From
Austin Schroeder
via
Barchart
Corn Pulls Off Lows at Thursday’s Close
The corn market pulled off the session lows into the Thursday close, with contracts down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.18 3/4. USDA reported private export sales of 205,000 MT to Mexico this morning...