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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
Soybeans Post Gains on Thursday
Soybeans closed out the Thursday session with contracts 4 to 7 cents across most months. CmdtyView’s national front month Cash Bean price was up 8 3/4 cents at $9.97 3/4. Soymeal futures were down $1.60 to $3.70/ton, with Soy Oil futures back up 60 to 80 points. USDA to showed...
From
Austin Schroeder
via
Barchart
Corn Closes Thursday Mixed
The corn market ended the Thursday session with contracts down 3 to 4 cents in the nearbys and up a penny in December. The nearby CmdtyView national average Cash Corn price was unch at $4.42 3/4 Export Sales data showed 1.014 MMT in the week of April 24, a 3-week...
From
Mike Schuler
via
gCaptain
West Coast Senators, Port Leaders Sound Alarm on Trump Tariff Hit to the Economy
U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming from recently imposed tariffs that threaten to dramatically reduce containership traffic at major U.S. ports.
From
Walsh Trading
via
Barchart
Chart of the Day - July Soybean Oil
Can Bean Oil break through resistance?
From
Mike Schuler
via
gCaptain
UKMTO Warns of Commercial Vessels Being Detained at Houthi-Controlled Ras Isa Port
Multiple commercial vessels anchored at Yemen’s Ras Isa port are being forcibly detained by Houthi forces despite having proper UN clearance, according to a UKMTO warning issued May 1, 2025....
From
Bloomberg
via
gCaptain
COSCO’s Profits Surge Ahead of U.S. Tariff Storm
Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the US Trade Representative set to target Chinese shippers.
From
Reuters
via
gCaptain
Pentagon Chief Warns Iran of Consequences for Supporting Houthis
U.S. Defense Secretary Pete Hegseth warned Iran on Wednesday that it will face consequences for supporting the Houthis, even as the United States has relaunched talks with Iran over its nuclear program.
From
Mike Schuler
via
gCaptain
Trump National Security Advisor Mike Waltz to Depart Amid Maritime Policy Momentum -Reports
White House National Security Adviser Mike Waltz is reportedly set to leave the administration following controversy over sharing sensitive military information, departing amid significant developments in U.S. maritime policy which...
From
Austin Schroeder
via
Barchart
Soybeans Back to Higher Trade on Thursday
Soybeans are posting 6 to 8 cent gains across most contracts on Thursday. There were 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is up 9 1/2 cents at $9.98 1/2. Soymeal futures are down $2.30 to $2.50/ton, with Soy Oil futures back up 97...
From
Austin Schroeder
via
Barchart
Corn Leaking Back Lower at Midday
The corn market is trading with contracts down 3 to 4 ¼ cents and December up ½ cent. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2. Export Sales data from this morning...