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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).

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…

Chinese navy claims it conducted routine patrol in South China Sea

Posted to Maritime Reporter on 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.

Sources say that Bukom refinery in Singapore exports rare naphtha, according to sources

Posted to Maritime Reporter on September 2, 2025

Three sources familiar with the situation and with shipping data say that Singapore's Bukom refinery exported its first cargo of naphtha in years, following an extended outage at their cracker. More cargoes are expected to be shipped over the next few weeks.

China's coast guard and military patrol the disputed South China Sea Atoll

Posted to Maritime Reporter on 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.

Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on 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…

Trade flows could be affected by Asia's promise to increase US farm imports

Posted to Maritime Reporter on 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.

Satellite images reveal that the damaged Chinese coast guard vessel is now being repaired in Hainan.

Posted to Maritime Reporter on August 27, 2025

Satellite images show that the Chinese coastguard ship damaged by the collision with a Chinese navy vessel earlier this month in the South China Sea is currently being repaired at Hainan Island - the first confirmation it has returned to port.

HD Hyundai Heavy, a South Korean shipbuilder, merges with HD Hyundai Mipo

Posted to Maritime Reporter on 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.

Singapore's Keppel claims $53 million from Seatrium in a corruption case involving Brazil

Posted to Maritime Reporter on 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…

Data shows that Saudi Arabia and India were the largest buyers of Russian fuel in July.

Posted to Maritime Reporter on August 26, 2025

LSEG data and traders' reports show that Saudi Arabia and India were top destinations for Russian seaborne VGO and fuel oil exports. Middle Eastern and Asian nations are now the primary destinations of Russian fuel oil and VGO since the full…

South Korea purchased 45,200 tonnes of rice from Vietnam & Thailand

Posted to Maritime Reporter on August 22, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, purchased approximately 45.200 metric tonnes of rice from the United States as part of an international tender which closed on August 8. It can take a few weeks for the corporation to make a decision on a tender.

China accuses Philippine ships of 'dangerous maneuvers' after its own vessels collided

Posted to Maritime Reporter on August 15, 2025

China's Defence Ministry accused Philippine Coast Guard vessels of "dangerous maneuvers" on Friday in response to reports that two Chinese vessels collided earlier this week near Scarborough Shoal, in the disputed South China Sea. Jiang did…

Chinese fighter 'intercepts' Philippine plane over disputed shoal, Manila says

Posted to Maritime Reporter on August 13, 2025

A Chinese jet fighter "intercepted", a Philippine aircraft with journalists aboard during a patrol over the Scarborough Shoal, South China Sea on Wednesday. This comes days after two Chinese ships collided near the Scarborough Shoal while allegedly trying block a Philippine delivery mission.

China's military claims it 'drove off' a US destroyer near Scarborough Shoal

Posted to Maritime Reporter on 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…

Thailand is believed to have passed a 60,000 T feed-wheat tender, traders claim

Posted to Maritime Reporter on August 6, 2025

Initial assessments by European traders indicate that a group of Thai importers rejected all bids and did not purchase any animal feed wheat in a recent international tender which ended on Wednesday. Prices were considered to be too high. The…

Saudi Arabia was the top buyer of Russian fuel in June, according to data

Posted to Maritime Reporter on July 23, 2025

According to traders and LSEG, Saudi Arabia was the number one destination for Russian fuel oil and vacuum gasoline (VGO) seaborne exports in June. The hot summer required increased energy consumption. The Middle East and Asia became the primary…

Indonesia continues its search for missing 30 ferry passengers

Posted to Maritime Reporter on July 4, 2025

Officials said that Indonesian rescuers were battling strong currents as they resumed the search on Friday for 30 people who are still missing in the sea, about 35 hours after an Indonesian ferry sank and killed at least six people. Ribut Eko…

Trump's bill allocates $8.6 Billion for US Coast Guard Icebreakers

Posted to Maritime Reporter on 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.

Four dead, 38 missing after ferry sinks near Bali, agency says

Posted to Maritime Reporter on July 2, 2025

Search and Rescue Agency of Indonesia said that four people were killed, 38 people are missing and 23 people survived when a ferry with 65 passengers sank in the vicinity of the Indonesian island Bali. The KMP Tunu Pratama Jaya, which was on…

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