.svg){kind=icon}
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Jim Roemer
via
Barchart
The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets
Jim winds up his pitch at readers to swing for the spring/summer grain market play
From
Mike Schuler
via
gCaptain
OOCL Orders 14 Methanol-Fueled Container Vessels in Major Fleet Expansion
Orient Overseas (International) Limited (OOCL) has signed contracts for the construction of fourteen new containerships equipped with methanol dual-fuel engines, marking a significant step in the company’s fleet expansion. The...
From
Walsh Trading
via
Barchart
Soybean -- The protein that the world wants
The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA's failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning...
From
Reuters
via
gCaptain
North Korea Fires First Missile from New Warship
North Korea earlier this week conducted the first test-firing of the weapons system of the new "Choe Hyon-class" warship it recently unveiled, state media KCNA reported on Wednesday.
From
Austin Schroeder
via
Barchart
Soybeans Weaker on Tuesday
The soybean market closed with Tuesday losses of 9 to 11 cents. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.95 1/4. Soymeal futures were up 70 cents to $3.50/ton, with Soy Oil futures were back down 94 to 113 points. A private export sale...
From
Austin Schroeder
via
Barchart
Wheat Slide Continues
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. Kansas City HRW contracts were 8 to 9 cents lower in the nearbys. MPLS spring wheat posted 3 to 5 cent losses at the...
From
Austin Schroeder
via
Barchart
Corn Collapses on Tuesday
Corn futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. The nearby CmdtyView national average Cash Corn price was down 13 1/4 cents at $4.36 1/4. USDA reported a private export sale of 120,000 MT...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Beware of a 10% Pullback in the Cattle Markets - Buying Opportunity in the Grains
From
Chris Swift
via
Barchart
Shootin' The Bull about New Highs in Cattle and Grains Riding The Struggle Bus
New highs were made in all contract months in the fat market today. The June contract is still under where April is going of the board by $6 and early-week cash trade is starting with 220 being passed on in Nebraska.
From
Mike Schuler
via
gCaptain
USCGC Calhoun Makes Major Cocaine Seizure in Atlantic Ocean
The U.S. Coast Guard’s newest Legend-class national security cutter, USCGC Calhoun (WMSL 759), has seized approximately 10,000 pounds of cocaine valued at $74 million during operations in the Atlantic Ocean....
From
Mike Schuler
via
gCaptain
Design Flaw Leads to $3 Million Fire on Tennessee River Towing Vessel
A catastrophic engine failure aboard the towing vessel Johnny M led to a serious fire that caused $3 million in damage, highlighting critical safety vulnerabilities in marine fire protection systems....