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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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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 24, 2025
According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilizing actions in the South China Sea.
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September 23, 2025
Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…
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September 23, 2025
According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilising activities in the South China Sea.
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September 22, 2025
In a statement released after their Monday meeting, the foreign ministers from South Korea and Japan as well as the United States expressed concerns about destabilising actions that are occurring more frequently around Taiwan. In a statement…
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September 16, 2025
According to grain traders attending an international conference, flour millers in Asia increased their imports of U.S. Wheat in recent weeks due to the competitive prices offered by American suppliers, and delays in Black Sea shipments. Two…
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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…
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August 29, 2025
China's coast guard and military said that they carried out patrols in the waters surrounding the disputed Scarborough Shoal, in the busy South China Sea waterway. In a press release, the coast guard said that it has increased law enforcement patrols since the start of August.
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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…
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September 4, 2025
China's Navy conducted a routine patrol in the South China Sea, a spokesperson from its Southern Theatre Command announced on Thursday. The Philippines was accused of "undermining peace and stability in the region" by conducting joint patrols.
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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
Southeast Asian nations will reshape the global grain and oilseed trade flow through U.S. deals, which include increasing agriculture purchases. Increased American shipments are expected to displace Australian, Canadian, and Russian supply.
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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 13, 2025
China's military claimed on Wednesday that it "drove off" a U.S. ship which was sailing near the disputed Scarborough Shoal, in the busy strategic waterway of South China Sea. The Philippines had accused Chinese vessels during a supply trip…
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July 3, 2025
The massive tax and spending plan of President Donald Trump includes more than $8,6 billion for the U.S. Coast Guard's icebreaker fleet to be deployed in the Arctic where Washington hopes it can counter the rising dominance of Russia and China.
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June 11, 2025
A U.S. official revealed that the Trump administration is reviewing a defense agreement worth hundreds of millions of dollars signed by former president Joe Biden with Australia and Britain, which allowed Australia to purchase conventionally-armed nuclear submarines.
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June 5, 2025
Manila's military said that the Philippines and United States have been sailing together in the South China Sea seven times to improve interoperability. The exercise, which was held in the waters near the provinces Occidental Mindoro, Zambales…
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May 30, 2025
The captain of the container ship which collided with a U.S. oil tanker near Britain's East Coast pleaded guilty to manslaughter through gross negligence in London on Friday. Vladimir Motin was a Russian citizen, aged 59. He was the captain…
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May 28, 2025
According to officials and security documents, China has shown its strength by sending a large number of coast guard and naval vessels across a wide area of East Asian water. This move has unnerved the regional capitals. Three regional security officials…
