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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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For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Xeneta: SHIPS for America Act Adds New Layer of Complexity to US Maritime Trade
The recently reintroduced SHIPS for America Act is creating additional challenges for ocean container shippers in 2025, adding a new layer of complexity to an already intricate US maritime regulatory...
From
Trent Klarenbach
via
Barchart
Wheat is Not Dead....Yet
Analysis of the weekly Wheat chart displaying several trendlines and how the 525 level continues to be tested.
From
Bloomberg
via
gCaptain
US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.
From
Mike Schuler
via
gCaptain
Bollinger and Edison Chouest Form Strategic Alliance to Fast-Track U.S. Arctic Icebreaker Production
Bollinger Shipyards and Edison Chouest Offshore (ECO) announced today the formation of the United Shipbuilding Alliance (USA), a strategic partnership aimed at expediting the construction of next-generation icebreakers for Arctic...
From
Austin Schroeder
via
Barchart
Soybeans Holding Tuesday AM Losses as Fast Plant Pace Continues
Soybeans are leaking lower early on Tuesday morning as USDA reports a speedy planting pace. Contracts are down 2 to 5 cents, after falling lower on Monday, with contracts down 8 to 13 cents across most months at the close. Preliminary open interest was down 1,015 contracts on Monday. There...
From
Austin Schroeder
via
Barchart
Wheat Sneaking Higher after Ratings Improvement
Wheat futures are reversing recent action as winter wheat contracts are higher on Tuesday morning, with spring wheat showing weakness. The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. There were 2 deliveries against May CBT wheat...
From
Austin Schroeder
via
Barchart
Corn Trying to Bounce Back on Tuesday Morning
The corn market is trading with 2 to 3 cent nearby gains early on Tuesday, with new crop December down ½ cent. Futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. Preliminary...
From
Bloomberg
via
gCaptain
Chinese Trade Flow Resilient at End of April Despite US Tariffs
China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is widely expected to eventually slow the world’s second-largest economy.
From
Reuters
via
gCaptain
As Trump Tariffs Sink in, Canadian Companies Pivot From US to New Markets
A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the United States stretching back 35 years, is telling customers to expect to pay higher prices. Another company, that produces mascot costumes for sporting or school events, is lowering its prices so as not to lose American customers.
From
Ben DiCostanzo
via
Barchart
Hogs Consolidate While Cattle Markets Make New All-Time Highs
Cattle Markets Rally to new highs with Cash Markets at new all-time high prices
From
Austin Schroeder
via
Barchart
Wheat Weakness Comes Back on Monday
The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. Kansas City HRW futures were under pressure on Monday with contracts 8 to 9 cents in the red. Minneapolis spring wheat futures was the firmest of the three...
From
Austin Schroeder
via
Barchart
Corn Collapses Towards April Lows on Monday
Corn futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. The nearby CmdtyView national average Cash Corn price was down 15 at $4.24 3/4. An opening for planting across the Corn Belt,...