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October 1, 2025
They said that on Wednesday, South Korean chipmakers joined forces with ChatGPT to meet the growing demand for its Stargate Project. The announcements came on Wednesday, after OpenAI CEO Sam Altman and the chairs of Samsung Electronics and SK…
Posted to Maritime Reporter
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October 1, 2025
Exxon Mobil Corp said that it expects to reduce the number of employees in Singapore from 10 to 15 percent and relocate its office to its Jurong facility by the end 2027 as part of global restructuring efforts. Exxon announced plans to expand its Singapore operations after the U.S.
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October 1, 2025
China's Coast Guard held a National Day Flag-raising Ceremony on a Ship in the Waters Off the Disputed Scarborough Shoal. They pledged to "stand guards" over the atoll. It is a major flashpoint of diplomatic flare-ups, and maritime conflicts with the Philippines.
Posted to Maritime Reporter
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September 30, 2025
The Italian Defence Ministry announced on Tuesday that the Italian navy would stop following the international aid flotilla once it reached a distance of 150 nautical miles (278 kilometers) from the shore. The Global Sumud Flotilla is a group of over 40 civilian boats…
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September 30, 2025
Alparslan Bayraktar, the Turkish Energy Minister, said that he and Dongfang Electric Corporation of China had discussed plans to build in Turkey a wind-turbine facility for $250 million with a capacity of 2 gigawatts. Bayraktar stated on X that…
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September 30, 2025
Aster Chemicals & Energy, a Singaporean company, announced on Tuesday that it will invest $125 million in upgrading its pipeline and single buoy mooring infrastructure near Bukom Refinery. In a press release, the refiner said that Allseas Engineering and DOF were awarded these contracts…
Posted to Maritime Reporter
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September 30, 2025
According to the EU maritime mission Aspides and its operator, the Dutch flagged cargo ship Minervagracht, was on fire and drifting in the Gulf of Aden, Tuesday. A day earlier, it had been hit by an explosive that injured two sailors and forced them to evacuate.
Posted to Maritime Reporter
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September 30, 2025
According to Kpler's and LSEG's ship tracking data, a liquefied gas (LNG), tanker carrying cargo from Russia sanctioned Arctic LNG 2 Project berthed in China's Beihai Terminal on Tuesday. The Chinese terminal will receive its seventh cargo from the Arctic LNG 2 Project…
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September 29, 2025
Ambrey, a British maritime security company, reported on Monday an attack against a general cargo ship flying the Dutch flag 120 nautical miles south-east of Yemen's port of Aden. The United Kingdom Maritime Trade Operations said also that military authorities had reported that a ship…
Posted to Maritime Reporter
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September 26, 2025
Two traders said that around 40 Argentinean soybean cargoes had been registered for export during the export tax suspension this week, most of which were headed to China. These purchases directly impacted the U.S. prime marketing season. The two Asian traders reported on Friday that a total of 2…
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September 26, 2025
A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.
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September 25, 2025
Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal on Wednesday in a private transaction without launching an international tender. The estimated price was $338.50 per ton with cost and freight included.
Posted to Maritime Reporter
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September 25, 2025
Guido Crosetto, the Italian Defence Minister, announced on Thursday that Italy had sent a second navy vessel to support an international aid flotilla which was attacked by drones while attempting to deliver aid into Gaza. About 50 civilian boats are part of the Global Sumud Flotilla…
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September 24, 2025
Spain's Pedro Sanchez, Prime Minister of Spain, said that he would join Italy to send a warship to guard an international flotilla attempting to deliver aid to Gaza following its attack by drones near Greece. Sanchez said at a New York press conference where he was attending the UN General Assembly…
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September 24, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling-wheat, from which the origin can be chosen, European traders reported on Wednesday. The deadline to submit price proposals in the tender is 30 September.
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September 24, 2025
European traders reported that Major Feedmill Group of South Korea (MFG) bought approximately 120,000 metric tonnes of soymeal at an international auction on Wednesday. Two consignments of 60,000 tons were purchased to be sourced either from South America or the United States, or China.
Posted to Maritime Reporter
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September 24, 2025
European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat varieties were purchased on a FOB basis.
Posted to Maritime Reporter
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September 24, 2025
Traders said that Chinese importers continued to purchase Argentine soya beans at a rapid pace after the South American supplier temporarily reduced its export taxes, allowing it to compete with other suppliers. These purchases are eroding the U.S.'s market share…
Posted to Maritime Reporter
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September 24, 2025
European traders reported on Wednesday that the Syrian state grain agency was believed to not have purchased any milling wheat in an international bid for 200,000 metric tonnes of milling flour which ended on September 15. The traders said that in the past, offers were still under consideration.
Posted to Maritime Reporter
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September 24, 2025
European traders reported on Wednesday that South Korea's Major Feedmill Group has announced an international tender for the purchase of up to 120,00 metric tons soymeal. The deadline to submit price offers for the tender is Wednesday, September 24, as well.
