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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
Austin Schroeder
via
Barchart
Corn Posts Mixed Trade on Tuesday
The corn market closed with nearby contracts 1 to 2 cents higher on Tuesday, with new crop down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was up 1 ¾ cents at $4.25 1/4. Crop Progress data from Monday afternoon showed some eastern...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle Markets Made New Highs Again - Grains Are Ready to Fly Higher - You Want to Read This One
From
Mike Schuler
via
gCaptain
U.S. Carrier Matson Warns of Challenging Trade Environment Ahead
Matson’s stock falls 15% after the company reported Transpacific container volumes falling 30% since April in response to tariffs. Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific,...
From
Mike Schuler
via
gCaptain
HD Hyundai and Maersk Sign MOU on Maritime Decarbonization
HD Hyundai and A.P. Moller – Maersk announced today a comprehensive Memorandum of Understanding (MOU) aimed at advancing maritime decarbonization solutions and expanding integrated logistics services. The agreement, signed at...
From
Chris Swift
via
Barchart
Shootin' the Bull about, if $300.00 were a fart, you'd be close enough to smell it.
Cattle feeders came to within 4 tics of having to pay $300.00 for the right to own feeder cattle in August.
From
Mike Schuler
via
gCaptain
New York Leads Legal Challenge to Trump Offshore Wind Energy Halt
New York Attorney General Letitia James is leading a coalition of 18 states in legal action against the Trump administration’s sweeping halt on wind energy development. The lawsuit, filed in...
From
Mike Schuler
via
gCaptain
Trump Halts U.S. Bombing of Houthis, Citing Ceasefire Pledge That the Houthis Deny
President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group agreed to stop disrupting maritime traffic in vital...
From
Austin Schroeder
via
Barchart
Corn Slipping into Midday Trade
The corn market is failing to hold the early bounce back strength so far at Tuesday’s midday, with fractional to 2 cent losses. The nearby CmdtyView national average Cash Corn price is down ¾ cent at $4.23 3/4. Crop Progress data from Monday afternoon showed the US corn crop at...
From
Austin Schroeder
via
Barchart
Soybeans Facing Tuesday Midday Losses
Soybeans are trading with contracts 4 to 7 cents in the red at Tuesday’s midday. CmdtyView’s national front month Cash Bean price is down 7 cents at $9.86. Soymeal futures are down $1.70/ton, with Soy Oil futures down another 31 points. Soybean planting was pegged at 30% complete as of...
From
Austin Schroeder
via
Barchart
Wheat Sneaking Higher on Tuesday
The wheat complex is trying to push higher so far on Tuesday’s midday. Chicago SRW futures are trading with 4 to 6 cent gains on Tuesday. Kansas City HRW futures are trading with contracts up 2 to 3 cents across most contracts, as May is in deliveries and thin. Minneapolis...
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
5 | Five weeks History says we have about five weeks remaining before new crop corn futures fall off a cliff: 4 | A dramatic rise Brazil’s Safrinha production is the primary driver behind the country’s dramatic rise as a major world corn exporter. In the last two decades, Brazil’s...