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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…

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.

Manager citing data: Arctic LNG 2 has delivered its first cargo

Posted to Maritime Reporter on September 4, 2025

A senior manager from the majority shareholder said on Thursday that Russia's Arctic LNG 2 has delivered its first LNG shipment, citing data from ship tracking. As you can see, the first vessel entered China according to data. Data from Kpler showed that China had received its first LNG cargo…

Top South Korean official: Policy institutions will lead $350 billion US Fund, Watching FX

Posted to Maritime Reporter on September 4, 2025

Vice Finance Minister of South Korea said that the pledge by South Korea to invest $350billion in strategic U.S. Industries as part a trade agreement with Washington will likely be led state policy institutions who will provide funding case-by-case. In a July trade agreement to cap U.S.

Officials say 60 people have died in a boating accident in Nigeria.

Posted to Maritime Reporter on September 3, 2025

Local officials reported on Wednesday that at least 60 people were killed and dozens rescued when a boat with over 100 passengers capsized near the north-central Niger State in Nigeria. The vessel was heading from Tungan Sule, Malale District…

An illegal sports streaming website is shut down before the NFL season

Posted to Maritime Reporter on September 3, 2025

Authorities in Egypt shut down Streameast - an illegal live streaming sports operation - on the eve before the NFL season. Wednesday, the Alliance for Creativity and Entertainment (a coalition against piracy) announced its action. The group…

Panama launches project to build a canal gas pipeline for the interoceanic energy Corridor

Posted to Maritime Reporter on September 3, 2025

The Panama Canal announced that during an official trip to Japan, President Jose Raul Mulino of Panama had begun a process for developing a new interoceanic gas pipeline energy corridor to serve the canal. The statement said that the pipeline would be the first project under this platform.

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