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China and Malaysia to hold joint military exercise in October

Posted to Maritime Reporter on October 8, 2025

The Chinese Ministry of Defence and a media outlet affiliated with it announced that China and Malaysia would hold a joint exercise in Malaysia and the surrounding waters this month. The exercise will focus on disaster relief measures and fighting piracy.

Exxon Singapore expects to reduce its staff by 10 to 15 percent by the end of 2027

Posted to Maritime Reporter on 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.

Source: Cathay Petroleum and Brazil's Prio in a marketing agreement

Posted to Maritime Reporter on 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.

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…

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…

Mitsui OSK Lines MISC and Petronas establish joint venture for shipping liquefied CO2.

Posted to Maritime Reporter on June 17, 2025

Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.

In UK court, Russian captain who was involved in US tanker accident pleads guilty to manslaughter

Posted to Maritime Reporter on 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…

Singapore's Keppel reports higher first-quarter profits on infrastructure boost

Posted to Maritime Reporter on April 23, 2025

Singapore's Keppel Ltd announced on Thursday that its net profit for the first quarter, excluding legacy assets in offshore and maritime (O&M), increased by 25%. This was due to a strong performance from its infrastructure segment, and a stronger performance in asset-management.

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Yemen's Houthis complimentary team of Galaxy Leader after over a year, Al Masirah television reports

Posted to Maritime Reporter on January 22, 2025

Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

Traders say that a group in Thailand purchased around 63,000 T of feed wheat.

Posted to Maritime Reporter on December 11, 2024

A group of animal feed importers in Thailand purchased approximately 63,000 metric tonnes of animal feed wheat during a Wednesday closing tender that sought up to 120,000 metric tons, European traders reported. The price was estimated to be…

Thailand bids for around 120,000 T of feed wheat, traders claim

Posted to Maritime Reporter on December 4, 2024

European traders reported on Wednesday that a group of Thai importers has issued an international tender for the purchase of approximately 120,000 metric tonnes of animal feed wheat. Also, the deadline for submitting price offers to the tender is Wednesday, December 4.

Singapore to mandate digital bunker notes starting April 2025

Posted to Maritime Reporter on October 9, 2024

Amy Khor said that Singapore's senior minister for transport Amy Khor announced at the SIBCON2024 conference that marine fuel suppliers in Singapore, the world's biggest bunker hub, would be required to offer digital bunkering and electronic bunker delivery note starting April 1, 2025.

Traders say that a group in Thailand purchased around 65,000 T of feed wheat.

Posted to Maritime Reporter on September 25, 2024

European traders reported that the importer group TFMA, based in Thailand, purchased between 60,000 and 65,000 metric tonnes of animal feed wheat during a Wednesday tender for up to 195,000 tones. It was not clear what volume was purchased,…

Singapore Port Authority and Ship Owner to Transfer Naphtha Cargo from Fire-hit Tanker

Posted to Maritime Reporter on July 24, 2024

The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flag…

Citi leads to LME warehouses in lucrative rental deals

Posted to Maritime Reporter on July 23, 2024

Three sources with knowledge of the matter confirmed that Citi delivered large quantities of lead to London Metal Exchange approved warehouses in Singapore for lucrative financial deals on Monday. The total LME stock of battery metal has now reached its highest level since early May.

LME warehouses receive large quantities of lead in lucrative rental deals

Posted to Maritime Reporter on July 23, 2024

On Monday, large quantities of lead were delivered for financial deals to London Metal Exchange approved warehouses in Singapore. Total stocks of the battery material have reached their highest level since early May. According to industry sources…

Traders say that Indonesia has bid to purchase 320,000 metric tonnes of rice

Posted to Maritime Reporter on July 23, 2024

European traders reported on Monday that the Indonesian state purchasing agency Bulog had issued an international bid to purchase about 320,000 tons of rice. The deadline to submit price offers for the tender is 31 July. Bulog will begin price negotiations that could last for several days…
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