Posted to Maritime Reporter
on
November 17, 2024
On Sunday, Peru's President signed agreements with her Japanese counterpart following a visit by the two leaders shortly after the Asia-Pacific Economic Cooperation Summit hosted in Lima. The agreements were inked by Peruvian President Dina Boluarte, and Japanese Prime Minister Shigeru Ishiba.
Posted to Maritime Reporter
on
November 14, 2024
China claimed on Friday that the Philippines sent supplies to an stranded warship at Second Thomas Shoal in the South China Sea, which is a disputed island. In a separate press release, the Phlippine Coast Guard stated that it had rotated the…
Posted to Maritime Reporter
on
November 14, 2024
Major Feedmill Group, a South Korean company, purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a deal that was not subject to an international tender. A consignment of a shipment was purchased for an estimated $261.74 per ton c&f…
Posted to Maritime Reporter
on
November 14, 2024
The Russian emergency situation ministry announced that on Thursday, Russian rescuers brought back a young female killer whaling to the Sea of Okhotsk after it washed up in the Far East. The ministry released a video showing a killer whale stranded on sand that was covered in snow.
Posted to Maritime Reporter
on
November 13, 2024
Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal on Wednesday in a private transaction, without an international tender. The estimated cost and freight per ton was $373.42, including the surcharge for port unloading. Trading house Olam was thought to be the seller.
Posted to Maritime Reporter
on
November 13, 2024
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased approximately 60,000 metric tonnes of soymeal at an international auction on Wednesday. The estimated price was $379.49 per ton, cost and freight included.
Posted to Maritime Reporter
on
November 12, 2024
Hyundai Motor India's first earnings report after listing revealed that the company, which is India's second largest carmaker based on market share, saw a 16.5% drop in its quarterly profit, due to lower sales at home and disruptions along the Red Sea, which hurt exports.
Posted to Maritime Reporter
on
November 11, 2024
LSEG data and traders' reports show that India 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 in October decreased by 3% compared to September.
Posted to Maritime Reporter
on
November 10, 2024
Japan's Navy reported that a fire broke out on Sunday on a Japanese Warship near the west of the country. One crew member was hospitalised because of smoke installations, and another went missing. Japan Maritime Self-Defence Force said that…
Posted to Maritime Reporter
on
November 10, 2024
China has rejected Philippine maritime claims, saying that new legislation infringes "severely" on Beijing's territorial sovereignty in the South China Sea and its rights, and has vowed to protect their own interests. On Friday, Philippine President Ferdinand Marco Jr.
Posted to Maritime Reporter
on
November 10, 2024
On Sunday, a fire broke out aboard a Japanese Self-Defence Forces vessel. According to the national broadcaster NHK, one crew member had been hospitalised for smoke inhalation. The Maritime Self-Defence Force reported that the minesweeper Ukushima…
Posted to Maritime Reporter
on
November 7, 2024
Taiwan's Coast Guard said on Friday that it would reward people who spot Chinese activity in the sea, such as warships and submarines. It claimed it was using "people power" to increase its limited workforce. Taiwan, which China claims to be its territory…
Posted to Maritime Reporter
on
November 7, 2024
An official from the Jeju City Government said that two people were killed and 12 still remain missing after a boat capsized in the waters near South Korea's Jeju Island on Friday. Officials said that they had lost track of a boat leaving the port of Busan, South Korea in the early morning hours.
Posted to Maritime Reporter
on
November 7, 2024
ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…
Posted to Maritime Reporter
on
November 7, 2024
Xu Jingkun, the only Chinese skipper among the 12 non French skippers who will start the 10th edition on Sunday of the Vendee Globe, is the first to sail non-stop alone around the world despite having lost his left arm when he was 12. Xu, the…
Posted to Maritime Reporter
on
November 6, 2024
A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…
Posted to Maritime Reporter
on
November 5, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. The Competition and Markets Authority (UK's competition regulator) has approved the domestic…
Posted to Maritime Reporter
on
November 4, 2024
Hanwha Group, a South Korean conglomerate, increased its offer to S$790.6m ($599.44m) on Tuesday. The largest shareholder in Singapore's Dyna-Mac will now tender his entire stake following the increase. Hanwha did not find the initial offer, S$0.60 a share, made by Dyna-Mac on 10 October compelling.
Posted to Maritime Reporter
on
November 4, 2024
European traders reported on Monday that Cargill Agri Purina, a South Korean feedmaker, is believed to be the buyer of approximately 66,000 metric tonnes of animal feed corn on Friday in a private transaction without issuing a tender. Optionally…
Posted to Maritime Reporter
on
November 1, 2024
According to European traders, the Korea Feed Association's (KFA) Busan Section in South Korea bought an estimated 70,000 tons of animal feed grain from South America or South Africa on Thursday in a deal that was not subjected to an international tender.