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September 10, 2025
The Indian ACME Group and Japan's IHI Corp will form a joint venture to develop one of India's largest green-ammonia projects, located in the state of Odisha in the east. The companies have not disclosed the exact details of their investment.
Posted to Maritime Reporter
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September 9, 2025
BAE Systems, a British company, said that it aims to launch an autonomous submersible by 2026. This is in response to the growing concern of countries about threats underwater, after a series attacks on submarine cables. BAE successfully tested the Herne sub product last year.
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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.
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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…
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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.
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August 28, 2025
Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…
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August 28, 2025
Austal, an Australian company, reported a sixfold increase in annual profit, thanks to increased U.S. shipbuilding orders, which sent its shares up to a new record high. The shipbuilder, which also makes defence vessels, posted a net profit of A$89.7 (US$58.3 million)…
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August 27, 2025
HD Hyundai Heavy Industries of South Korea, the largest shipbuilder in the world, announced on Wednesday its intention to merge with HD Hyundai Mipo, as it aims for a larger share of the U.S. market. The company stated that it hopes to lead U.S.
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August 26, 2025
Singapore's Keppel initiated arbitration proceedings on Tuesday against the local shipbuilder Seatrium over a S$68.4million ($53.33million) claim relating to a Brazilian corruption crackdown. Seatrium made a provision of S$82.4m in 2022 to pay Keppel for claims relating to Operation Car Wash…
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August 1, 2025
Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…
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July 23, 2025
Incheon, the South Korean section of Korea Feed Association (KFA), purchased up to 67,000 tons of animal feed grain to be sourced in optional origins on Wednesday in a deal that was done privately without announcing an international tender.
Posted to Maritime Reporter
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July 23, 2025
According to European traders, the Korea Feed Association in South Korea bought up to 62,000 tons of animal feed grain from around the world in a private transaction on Tuesday. There was no international tender. The KFA Busan section is believed…
Posted to Maritime Reporter
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July 23, 2025
European traders reported that the Major Feedmill Group of South Korea (MFG) purchased up to 140.000 metric tons animal feed corn at an international auction on Wednesday. The two consignments, each weighing between 65,000 and 70,000 tonnes, were purchased from the trading house CHS.
Posted to Maritime Reporter
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July 23, 2025
European traders reported that the Major Feedmill Group of South Korea (MFG) purchased approximately 140,000 metric tonnes of animal feed corn at an international auction on Wednesday. Initial confusion arose over the exact volume purchased. The two consignments were both purchased from CHS.
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July 22, 2025
European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. The deadline to submit price offers is on Wednesday, July 23, 2013. The seller is free to offer a tonnage within this range.
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July 15, 2025
European traders reported that Algeria's state grain agency OAIC bought around 1 million metric tonnes of milling wheat at an international auction which ended on Tuesday. Initial reports indicated that purchases were made in a wide range of prices…
Posted to Maritime Reporter
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July 15, 2025
European traders reported that Algeria's state grain agency OAIC bought milling wheat at an international auction which ended on Tuesday. They said that initial purchases were reported as being around $257 per metric ton, including freight. Traders claimed that some were purchased below this price.
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July 13, 2025
European traders reported on Sunday that Algeria's state grain agency OAIC had issued an international tender for the purchase of soft milling wheat from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.
Posted to Maritime Reporter
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July 10, 2025
The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.
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July 9, 2025
European traders reported that the Tunisian grain agency ONF purchased about 50,000 tons of corn from an international auction on Wednesday. The corn was to come from optional origins. The 25,000 tons were purchased in two consignments. One from Raya Trading House at $252.27 per ton…
