Shipping Archives - Page 5 of 9 - Manitoba Co-operator

File photo of barley being loaded for export at the Black Sea port of Mykolaiv, Ukraine on July 9, 2013. (Photo: Reuters/Vincent Mundy)

Baltic Dry Index at three-month lows

Demand for ocean freight seen backing off

MarketsFarm — Ocean freight rates have come under pressure over the past month as demand for freight backs away, which could be seen as a sign of the slowing global economy. The Baltic Dry Index (BDI), which is a major indicator of shipping rates, settled at 2,081 points on Monday, up 14 points from Friday’s

Markets, Pulses

Shipping container issues make Canada uncompetitive

By GFM Network News, Glen Hallick - MarketsFarm June 23, 2022

MarketsFarm – Even though harvest in Canada is months away, major issues with shipping by container out of the country needs to be resolved, according to Greg Northey, vice-president of corporate affairs for Pulse Canada and the spokesperson for the Coalition to Fix the Container Crunch. “The worry in the fall is if we have

Crops, Markets

Biden signs ocean shipping bill in bid to reduce backlogs

By David Shepardson, GFM Network News June 17, 2022

Washington | Reuters — U.S. President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The bipartisan bill passed the U.S. House of Representatives on a 369-42 vote earlier this week. Biden said he had “promised to crack down on ocean

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Crops, Markets

London marine insurers label all Russian waters high risk

By GFM Network News, Jonathan Saul April 5, 2022

London | Reuters — London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed, which is likely to raise the cost of shipping and adds to the logistical pressures on Moscow. Guidance from the Joint War Committee, which comprises syndicate members from the

File photo of a grain terminal on the Dnieper River in Ukraine. (Konoplytska/iStock/Getty Images)

Crops, Markets, Other

Ukraine’s ports to stay closed until Russian invasion ends

By GFM Network News, Jonathan Saul February 28, 2022

London | Reuters — Ukrainian ports will remain closed until Russia’s invasion ends, the head of Ukraine’s Maritime Administration said on Monday, adding that the port of Mariupol has sustained damage from Russian shelling. Russia invaded Ukraine on Feb. 24, calling its actions a “special operation.” “The ports will be shut until the end of

Keefer Terminal (foreground) at the Port of Thunder Bay. (PortOfThunderBay.ca)

Crops, Other

Thunder Bay shipping season wraps up

By GFM Network News, Marketsfarm January 15, 2022

MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other categories helped limit the overall reduction in movement through the northern Lake Superior port. The 2021 navigation season will come to a close with the

News, Other

Container crunch coalition calls for government action

TRANSPORT | Shippers say market has ceased to function and Port of Vancouver has become container storage yard

By Allan Dawson December 23, 2021

Canada’s shipping container crunch is hurting not just farmers but the entire economy. So says a cross-commodity coalition urging the Canadian government to take the lead in fixing it. “It’s not a normal functioning market,” Greg Northey, Pulse Canada’s vice-president of corporate affairs, said in an interview Dec. 15. Pulse Canada and several farm groups

Markets, Other

Baltic Dry Index drops to three-month lows

By GFM Network News, Phil Franz-Warkentin November 3, 2021

MarketsFarm – Ocean freight rates have dropped significantly over the past month, with declining demand out of China behind much of the weakness. The Baltic Dry Index (BDI), which is a major indicator of shipping rates, settled at 3,187 points on Nov. 2, marking its lowest level in three months and well off the 13-year

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets, Other

‘Containergeddon’ drives sugar, rice shippers back to bulk vessels

By GFM Network News, Marcelo Teixeira October 23, 2021

New York | Reuters — Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion the industry is calling “containergeddon,” according to traders. Container-based transportation has been hit by sky-high costs and delays amid booming shipping

Crops, Forages

CFA’s Hay West program up and running

Program website now online

By Dave Bedard, GFM Network News September 20, 2021

A revival of the “Hay West” initiative, aimed at shipping feed from Eastern Canada to supplement drought-dented supplies in the West, has gone live. The Canadian Federation of Agriculture on Friday announced its Hay West 2021 initiative is “now operational and seeking applicants to both receive and supply hay.” Applicants interested in either supplying or

Daily Network News

Canola industry pumped about 45Z clean fuel ruling in U.S.

U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance

U.S. livestock: Cattle futures higher on tightening cattle supply

Tag Archives Shipping