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September 12, 2024
Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…
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September 11, 2024
Hanhwa Group, a South Korean conglomerate, has offered to buy all the shares in Dyna-Mac Holdings that it does not already own. This would value the offshore oil-and-gas contractor at S$669.2million ($513.90million). Hanhwa units Hanhwa Aerospace, and Hanwha Ocean own 25,4% of Dyna-Mac.
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September 10, 2024
Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.
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September 9, 2024
QatarEnergy announced on Monday that it had signed a contract with China State Shipbuilding Corporation for the purchase of six ultra-large vessels to transport liquefied gas. This brings its total number of such vessels on order up to 128.
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September 8, 2024
Italian media reported that the Italian coast guard had recovered six bodies near the coast of Sicily. The bodies are believed to be among the 21 people who were missing after a shipwreck involving migrants earlier in the month. Italian Coast Guard said that on Wednesday…
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September 6, 2024
The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.
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September 6, 2024
Lai Ching Te, Taiwan's president, told sailors on a warship that was ready for combat at a major naval base in the Taiwan Strait Friday that he would have their backs. He thanked them for protecting Taiwanese safety at a moment of increased tensions with Beijing.
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September 5, 2024
Ukraine announced that 75 countries and organizations have agreed on a "shared view" of the measures needed to guarantee an uninterrupted supply of Ukrainian agricultural goods and contribute to global food security. This is a major concern after Russia's invasion in 2022.
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September 5, 2024
A group of importers in Thailand purchased approximately 146,000 metric tonnes of animal feed wheat from optional origins during a Wednesday-closed tender, European traders reported on Thursday. According to reports, the purchase involved two consignments of 73…
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September 4, 2024
Italian media and U.N. officials reported on Wednesday that seven people had been rescued, and 21 were still missing after a shipwreck of migrants off the coasts of Lampedusa and the Italian island. Reports said that the survivors were Syrians…
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September 3, 2024
European traders reported on Tuesday that the lowest price in an international tender by Indonesian state purchasing agency Bulog for up to 350,000 tons of rice, was $545 per ton (cost and freight) for rice that is expected to come from Myanmar.
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September 2, 2024
think about lowering taxes on flexiblefuel lorries as part of a. drive to cut carbon emissions in the world's 3rd greatest oil. consuming nation. Road Transportation Minister Nitin Gadkari said the goods and. services tax (GST) on flexi-fuel automobiles need to be cut to 12%,.
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September 2, 2024
While two U.S. carrier battle groups were patrolling the Indian Ocean in an effort to prevent Iran from attacking Israel and sparking major regional conflict this week, a different military message was being sent out in a luxurious conference centre in Manila. Every year, the U.S.
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September 2, 2024
According to the non-profit organization that monitored the whale, a beluga whale suspected of spying on behalf of Russia and discovered in Norwegian waters 5 years ago was found dead. A father and son were fishing in southern Norway when they…
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August 31, 2024
China and the Philippines both accused the other of ramming one another's ships in a disputed part of the South China Sea, in the latest of an increasing number of clashes along this vital waterway. China's coastguard said that a Philippine…
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August 29, 2024
While two U.S. battle groups of aircraft carriers patrolled the Indian Ocean in an effort to prevent Iran from attacking Israel and sparking major regional conflict this week, a very distinct military messaging campaign was underway at a luxury conference center in Manila. Every year, the U.S.
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August 29, 2024
next month, data from trade sources and shiptrackers revealed. information and two trade sources. rates, stated LSEG Oil Research study experts in an e-mail. , and major trader Trafigura, the information showed. ADNOC and Trafigura both declined to comment. did not react to an ask for comment.
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August 29, 2024
China's Coast Guard urged the Philippines to stop sending missions near a disputed shoal in South China Sea to resupply vessels, warning such "adventurous" actions could trigger unspecified incident. The statement came after a series confrontations and clashes in and around the atoll.
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August 29, 2024
for the remainder of the year. at the world's largest bunker hub Singapore. showing up in September, data from analytics firm Kpler revealed. 700,000 heaps this year. ahead. sources said. remark. Processing lower-sulphur crudes such as U.S. senior analyst at LSEG Oil Research.
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August 28, 2024
Iran's New York mission at the United Nations said that the Houthi group, which is aligned with Iran in Yemen, has agreed to a short-term truce to enable tugboats and other rescue vessels to reach the damaged crude oil tanker Sounion under Greek flag in the Red Sea. Iran's U.N.
