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Canada - September 9

Posted to Maritime Reporter on September 9, 2025

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. As the search for vital metals intensifies, Vancouver-based Teck Resources…

Tariff turmoil dims the year-end outlook for US container imports, which rose in August.

Posted to Maritime Reporter on September 9, 2025

Descartes, a provider of supply chain technology, said that U.S. containerized imports rose 1.6% in August compared to the same month last year, despite a drop in volume from China and key suppliers due to uncertainty surrounding President Donald Trump's new trade policy. Last month, U.S.

Iran's SLAL has won tenders to purchase 120,000 tonnes each of corn, barley, and soymeal

Posted to Maritime Reporter on September 9, 2025

European traders reported on Tuesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 120,000 metric tonnes of animal feed corn and barley, as well as 120,000 metric ton of soymeal. They said…

Maersk's oil trading CEO is concerned about the risk of falling oil prices

Posted to Maritime Reporter on September 8, 2025

An executive from shipping company Maersk said that there is a very high risk that oil prices will fall due to a slight increase in demand, and an increased OPEC+ output. This was his message at the APPEC Conference in Singapore. Emma Mazhari…

Mali airstrikes militants after they announce a blockade of fuel imports

Posted to Maritime Reporter on September 8, 2025

Mali's army said that it carried out airstrikes on the gold-rich west region of Kayes, after militants linked to al Qaeda took steps to impose a fuel blockade to Bamako, the capital of the landlocked West African nation. The military rulers of Mali…

1789 Capital, a Trump-linked venture capital fund, has assets of $1 billion.

Posted to Maritime Reporter on September 8, 2025

A little-known venture capital fund, with close ties to Donald Trump and his family, quietly reached a $1 billion milestone in the months that followed Donald Trump's return. 1789 Capital was once a niche firm that tried to align equity investment with conservative political values.

Traders say that Pakistan has received offers for 100,000 tons of white sugar in the tender.

Posted to Maritime Reporter on September 8, 2025

Initial assessments by European traders indicated that the lowest price offered to Pakistan in its international tender to purchase 100,000 metric tons sugar was $545 per metric ton, including freight and cost. They said that the offers in the…

Topix, the Japanese stock index, hits a record high. The yen and bonds drop after PM Ishiba's departure

Posted to Maritime Reporter on September 8, 2025

Japan's Topix stock gauge hit a new record high on Monday, as the yen fell and bonds with longer maturities fell after Prime Minister Shigeru Shiba's resignation fuelled speculation that his successor would increase government spending. The Topix index jumped by as much as 1,3% to a record 3,146.58.

Jordanian traders report that Jordan has bid to purchase 120,000 tons of feed barley

Posted to Maritime Reporter on September 8, 2025

European traders reported on Monday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline for submitting price offers is September 10. Traders had expected a new announcement after Jordan failed to purchase 120…

Trafigura economist: Oil shadow fleet is growing due to sanctions

Posted to Maritime Reporter on September 8, 2025

Saad Rahim is the chief economist at Trafigura, a major trading company. He said that the shadow fleet of oil tanks has grown following Western sanctions against Russia for its war in Ukraine. The shadow fleet plays a crucial role in ensuring that Russian crude oil is available to buyers…

China's crude oil imports in August are up 4.9% on July and up 0.8% year-on-year.

Posted to Maritime Reporter on September 8, 2025

China's crude imports increased 0.8% from the previous year in August, as both state-owned refineries and independent refineries continued to operate at high rates. Data from the General Administration of Customs on Thursday showed that the…

Topix reaches record high in Japan, while yen drops as Ishiba steps down

Posted to Maritime Reporter on September 7, 2025

Japan's Topix stock gauge hit a new record high on Monday, while the yen fell and bonds remained firm after Prime Minister Shigeru Shiba resigned. This fueled speculation that his successor would increase government spending. The Topix index jumped by as much as 1,2% to a record 3,142.

Emaar Misr signs deal for multi-billion dollar Egypt Red Sea tourism development

Posted to Maritime Reporter on September 7, 2025

Emaar Misr for Development, an Egyptian real estate company listed on the Egyptian stock exchange, signed a contract to build a tourist development along the Egyptian Red Sea. The project is expected to generate investments of up to 900 billion Egyptian pounds (18.58 billion dollars).

Five dead after migrant vessel hits coast guard vessel in northwest Turkey

Posted to Maritime Reporter on September 7, 2025

A local governor's report said that five people were killed, and one was severely injured, when a boat with migrants struck a Turkish Coast Guard vessel in the northwest of Turkey on Sunday. The search for a missing individual is underway. The…

After fatal shark attack, Sydney beach uses drones and helicopters to protect its popular beaches

Posted to Maritime Reporter on September 6, 2025

Officials said that Australian authorities deployed drones and helicopters to monitor the waters surrounding a popular Sydney Beach after a great-white shark killed a surfer on Saturday. The two beaches that were closed in Australia's largest…

China criticises Canadian, Australian warships transiting Taiwan Strait

Posted to Maritime Reporter on September 6, 2025

China's military said on Saturday that its forces followed and warned two warships, a Canadian and Australian, as they sailed through the Taiwan Strait. It criticized this move as a provocation. The People's Liberation Army's Eastern Theatre Command stated that the Canadian frigate Ville de Quebec…

Microsoft Azure cloud service affected by Red Sea fiber cut

Posted to Maritime Reporter on September 6, 2025

Microsoft announced on Saturday that Microsoft Azure users could experience an increase in latency as a result of multiple fiber cuts under the Red Sea. The company warned that traffic traversing the Middle East, originating or terminating in Asia and Europe, may be subject to increased disruptions.

Five people killed when an evacuation boat capsizes during floods in Southern Punjab, Pakistan

Posted to Maritime Reporter on September 6, 2025

The disaster agency reported that at least five people died and more than a dozen were rescued after a boat carrying residents evacuating from flood-hit Punjab province in southern Pakistan capsized on Saturday. The disaster management authority…

China media: Canadian and Australian warships transit Taiwan Strait

Posted to Maritime Reporter on September 6, 2025

China's official media reported that two warships from Canada, Australia and the People's Liberation Army were observing the transit of two warships through the Taiwan Strait. China's state run Global Times newspaper reported that the Canadian frigate Ville de Quebec…

India's 15-year defense plan includes a nuclear-powered carrier and home-built jets

Posted to Maritime Reporter on September 5, 2025

India may build a third nuclear-powered aircraft carrier as part of the 15-year plan for defence modernization announced on Friday. The plan also includes the first use of fighter jets made in India by the Navy. New Delhi, which is bordered…