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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 Falling on Wednesday
Soybeans are heading lower on Wednesday’s midday, with losses of 9 to 12 cents. May ahead of FND. May open interest as of Tuesday night was just 5,160 contracts, with 3 deliveries issued overnight. CmdtyView’s national front month Cash Bean price is down 10 ¾ cents at $9.85 1/2. Soymeal...
From
Mike Schuler
via
gCaptain
PD Ports Unveils Plans for Major Offshore Wind Hub on UK’s East Coast
PD Ports has announced ambitious plans to develop one of the UK’s largest offshore wind manufacturing and installation hubs, the Teesport Offshore Gateway. The proposed development, estimated at £200 million,...
From
gCaptain
via
gCaptain
What’s in the SHIPS for America Act? Key Provisions to Restore U.S. Maritime Power
The SHIPS for America Act, introduced today by Senators Mark Kelly and Todd Young and Representatives Trent Kelly and John Garamendi, proposes a sweeping overhaul of U.S. maritime policy aimed at...
From
Mike Schuler
via
gCaptain
Bipartisan SHIPS Act Aims to Counter China’s Maritime Dominance with 250-Ship Fleet Expansion
A bipartisan group of legislators has re-introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act. The landmark legislation, spearheaded by Senators Mark Kelly (D-AZ) and...
From
Oliver Sloup
via
Barchart
Grain Markest Slid Lower on Tuesday but are Attempting to Find Their Footing in the Early Morning Trade
Grain markets were hit hard in Tuesday’s trade, with several markets breaking back below technical support levels. Corn and wheat are attempting to find their footing in the early morning trade while Soybeans remain under pressure.
From
Austin Schroeder
via
Barchart
Corn Holding Steady Early on Wednesday
Corn is trading with contracts mixed to begin Wednesday. Futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. Preliminary open interest was down 43,297 contracts, with May dropping 44,926 contracts and taking just 10,755 contracts...
From
Austin Schroeder
via
Barchart
WheatWheat Back to Mixed Trade Early on Wednesday
Wheat is showing mixed action on Wednesday morning. The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. There were 88 deliveries issued for May futures on FND. Kansas City HRW contracts were 8...
From
Austin Schroeder
via
Barchart
Soybeans Extending Losses on Wednesday Morning
Soybeans are down 6 to 8 cents early on Wednesday. The market closed with Tuesday losses of 9 to 11 cents. Preliminary open interest was down 16,902 contracts, with 21,737 contracts leaving May ahead of FND. OI was just 5,160 contracts for the in delivery contract, with 3 deliveries issued...
From
Darin Newsom
via
Barchart
Is HRW the Next WTI?
Back in 2025, WTI crude oil famously fell below $0, setting the standard for overwhelmingly bearish commodity markets. With that, another look at the 2025 HRW wheat market.
From
Malte Humpert
via
gCaptain
Russia Reflags, Renames Sanctioned ‘Shadow Fleet’ LNG Tankers Ahead of Suspected Arctic LNG 2 Startup
Four ice-strengthened newbuild LNG carriers have been reflagged to the Russian Federation along with name changes. The vessels are part of Russia’s emerging ‘shadow fleet’ designed to deliver sanctioned liquefied natural gas from the Arctic.
From
Reuters
via
gCaptain
Inside the U.S. Battle with China over a Pacific Island Paradise
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle.
From
Bloomberg
via
gCaptain
China Is Days Late in Releasing Trade Data as US Shipping Slumps
China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the US.