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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
South Korea’s Hanwha Ocean Targets US Navy Orders as Trump Seeks Shipbuilding Ties
SEOUL, May 5 (Reuters) – South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to pick up...
From
Mike Schuler
via
gCaptain
DEME Completes Acquisition of Norwegian Offshore Wind Contractor Havfram
Belgian marine engineering giant DEME has completed its acquisition of Norwegian offshore wind contractor Havfram in a deal valued at approximately 900 million euros. The acquisition, first announced on April...
From
Oliver Sloup
via
Barchart
Cattle Futures Post Another Round of New Contract Highs
Livestock markets rounded out last week's trade with a higher close. Thanks to a strong fundamental backdrop, that has propelled futures higher yet again. How much more upside is left?
From
Mike Schuler
via
gCaptain
USS Miguel Keith Completes Historic Overhaul at Japanese Shipyard
The U.S. Navy’s expeditionary mobile base USS Miguel Keith (ESB-5) has completed a groundbreaking five-month Regular Overhaul (ROH) at Mitsubishi Heavy Industries (MHI) in Yokohama, Japan. The $12 million maintenance...
From
Austin Schroeder
via
Barchart
Wheat Mostly Weaker on Monday Morning
The wheat market is trading with weaker winter wheat action on Monday morning. Wheat bulls were trying their best to put in some sort of bottom, as futures rallied across the three exchanges on Friday. Chicago SRW futures were up 11 to 12 cents at the close on Friday, with...
From
Austin Schroeder
via
Barchart
Corn Pulling Back Early on Monday
Corn futures are trading with 2 to 4 cent losses on Monday morning. The corn market closed out the Friday session with some bear spreading, as nearby contracts were down 3 to 4 cents and new crop December was up 3 cents. July was down 16 ½ cents last week....
From
Austin Schroeder
via
Barchart
Soybeans Falling Out of the Weekend
Soybeans are trading with 2 to 8 cent losses early on Monday. Futures posted 6 to 9 cents gains across most nearby contracts on Friday, with July closing out the week with a 1 ¼ cent loss. Preliminary open interest was up 10,251 contracts on Friday, with May OI at...
From
Bloomberg
via
gCaptain
European Firms Fare Better Than Feared Through Early Trade Pain
European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of economic growth continue to cloud the outlook.
From
Reuters
via
gCaptain
Philippine Coast Guard Says China Ship Conducting Illegal Survey Within EEZ
The Philippines has deployed a coast guard vessel and an aircraft to challenge and escort a Chinese research ship it said was conducting illegal marine scientific research activities within the country's exclusive economic zone.
From
Reuters
via
gCaptain
OPEC+ To Further Speed Up Oil Output Hikes
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 4 (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November,...
From
Bloomberg
via
gCaptain
Sudan Army Says RSF Attacks Key Port With Drones For First Time
By Mohammed Alamin May 4, 2025 (Bloomberg) –Sudan’s army said its opponents used drones to strike a military airbase and other locations in Port Sudan, the first apparent attacks of that...