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October 24, 2024
The Indonesian maritime security agency reported on Thursday that a Chinese coast guard vessel had been driven out of Indonesian waters for the second time in this week, after it disrupted an initial survey by Pertamina, a state-owned energy company operating in the South China Sea.
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October 24, 2024
The Danish climate and energy ministry said that the country will be seeking a common EU strategy to combat the increased Chinese competition on the European wind market. This was ahead of a Thursday meeting with EU Commission officials and leaders in the industry.
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October 23, 2024
Carl-Peter Forster's Red Bandit from Germany won the 45th Rolex Middle Sea Race on Wednesday, becoming the third German boat to win this prestigious offshore challenge. Red Bandit followed in the footsteps Saudade and Morning Glory, who won the race in 1983 and 2006 respectively.
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October 22, 2024
Taiwan's Defence Ministry reported on Wednesday that a Chinese aircraft carrier group had sailed in the Taiwan Strait. The group was heading north after it passed through the waters near Taiwan-controlled Pratas Islands. The Ministry of Defense said that the Chinese vessels…
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October 22, 2024
Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…
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October 22, 2024
Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…
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October 21, 2024
According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.
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October 20, 2024
On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as "disruptive". Once a month, the U.S.
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October 20, 2024
On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as disruptive. Once a month, the U.S. Navy…
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October 18, 2024
Kbank, an online South Korean lender, announced Friday that it had withdrawn its plan to make a public offering. The company cited insufficient demand and thus scuttled what would have been the largest offering of the year in South Korea. Kbank…
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October 17, 2024
In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…
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October 17, 2024
LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.
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October 17, 2024
The youngest person to ever scale the 14 tallest mountains in the world, a Nepali teenager wants to use his talents to help the Sherpa people of Himalayan country and produce world-class athletes. Sherpas are an ethnic group that lives mainly around Mount Everest.
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October 17, 2024
According to European traders, the Korea Feed Association in South Korea bought about 65,000 metric tonnes of animal feed corn in a private transaction on Wednesday. The corn was expected to come from either South America or the United States.
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October 16, 2024
China's coastguard said that a Japanese fishing boat "illegally" entered China's territorial water around Diaoyu Islands between Oct. 15-16, and was advised to leave. In a recent statement, a Coast Guard spokesperson stated that "we urge the…
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October 14, 2024
Hanwha Group, a South Korean conglomerate, increased its offer on Monday for the remaining share it doesn't already own in Singapore-based Dyna-Mac. The offshore oil and natural gas contractor is valued at S$790.6m ($605.41m). Hanwha had previously offered S$0.60 for each share.
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October 11, 2024
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased up to 60 000 metric tons soymeal at an international auction on Friday. The seller could also supply the product from the United States, or China.
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October 10, 2024
Feed Leaders Committee, a South Korean import group, purchased up to 60 000 metric tons soymeal on Thursday. The soymeal could have been sourced in South America or the United States and China. They said that the FLC purchased from Cofco at a price of $398.50 per metric ton, c&f.
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October 3, 2024
Shipping shares fell across Asia Friday, after U.S. port operators and workers reached an agreement to end the strike at docks on the East Coast and Gulf Coast much sooner than expected. Evergreen Marine, Wan Hai Lines, and Yang Ming Marine…
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October 2, 2024
German task group commander, who led the German Navy ships through the Taiwan Strait in October, said that the Chinese vessels were very attentive and sent repeated radio messages to the German Navy ships, but they did not engage in any unsafe behavior.
