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Monday, September 22, 2025

Maritime Blogs East Asia

India's ACME and Japan's IHI Corp form a joint venture for a green ammonia project

Posted to Maritime Reporter on September 10, 2025

The Indian ACME Group and Japan's IHI Corp will form a joint venture to develop one of India's largest green-ammonia projects, located in the state of Odisha in the east. The companies have not disclosed the exact details of their investment.

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.

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.

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…

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.

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.

China's coast guard and military patrol the disputed South China Sea Atoll

Posted to Maritime Reporter on August 29, 2025

China's coast guard and military said that they carried out patrols in the waters surrounding the disputed Scarborough Shoal, in the busy South China Sea waterway. In a press release, the coast guard said that it has increased law enforcement patrols since the start of August.

Sources: China increases soybean purchases from Argentina and Uruguay amid US Trade War

Posted to Maritime Reporter on August 29, 2025

According to two sources, China's importers of soybeans are increasing their purchases from Argentina and Uruguay in the coming year to make up for the lack of U.S. shipments due to the ongoing trade war between Washington and Beijing. Sources…

South Korea's NOFI purchased about 60,000 tonnes of soymeal from traders

Posted to Maritime Reporter on August 29, 2025

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal in a closed-door deal on Thursday. The deal was made without a formal international tender. The estimated price was $348.58 per ton, cost and freight included.

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…

South Korea's MFG purchases about 60,000 tonnes of soymeal from traders

Posted to Maritime Reporter on August 28, 2025

Major Feedmill Group of South Korea purchased around 60,000 tons of soymeal at an international auction on Thursday, European traders reported. The tender specified that the purchase could be made in South America or the United States, but the option was available to choose from China…

South Korea's MFG bids for 60,000 tons of soymeal

Posted to Maritime Reporter on August 28, 2025

Major Feedmill Group in South Korea (MFG) issued a tender for up to 60,000 tons of soymeal. European traders confirmed this on Thursday. The deadline to submit price offers for the tender is Thursday, 28 August. A consignment weighing between 40…

Trade flows could be affected by Asia's promise to increase US farm imports

Posted to Maritime Reporter on August 28, 2025

Southeast Asian nations will reshape the global grain and oilseed trade flow through U.S. deals, which include increasing agriculture purchases. Increased American shipments are expected to displace Australian, Canadian, and Russian supply.

Satellite images reveal that the damaged Chinese coast guard vessel is now being repaired in Hainan.

Posted to Maritime Reporter on August 27, 2025

Satellite images show that the Chinese coastguard ship damaged by the collision with a Chinese navy vessel earlier this month in the South China Sea is currently being repaired at Hainan Island - the first confirmation it has returned to port.

RWE CEO does not see the need to write down a major US offshore project

Posted to Maritime Reporter on August 27, 2025

RWE is the No.2 offshore wind developer in the world. RWE, the world's No. Markus Krebber, a journalist, told reporters that the so-called Community Offshore Wind Project, in which RWE holds a 73%-27% share with Britain's National Grid and has not been invested, had been put on hold.