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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 1, 2024
The Pentagon fears that the base will be used by the Chinese to establish an outpost in Cambodia. Sun Chanthol, the Deputy Prime Minster of Cambodia, told an event organized by a Washington think-tank that military from any country could visit the port after the base was completed.
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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.
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September 27, 2024
Cnergyico, Pakistan's largest oil refiner, has announced that it recently purchased Black Sea CPC Blend. This is the first time this grade has been imported into Pakistan. CPC Blend is an oil blend from Kazakhs and Russians that is exported from the Black Sea port in Russia, Yuzhnaya Ozereyevka.
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September 27, 2024
China's coastguard said that the Philippines sent on Friday a civilian vessel to ferry daily essentials to a ship at Second Thomas Shoal, which Beijing claims was "beached illegally" in the disputed waters of the South China Sea. The coast guard…
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September 27, 2024
The International Whaling Commission's (IWC) meeting on Thursday rejected a proposal to create a sanctuary in the southern Atlantic Ocean for whales and cetacean species. This disappointed animal conservationists. At the IWC annual session held in Lima…
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September 26, 2024
A senior U.S. official confirmed on Thursday that China's latest nuclear-powered attack sub sank in the first half of this year. This could be an embarrassment to Beijing, which is seeking to increase its military capabilities. China has already…
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September 26, 2024
According to a Thursday statement by New Zealand's Defence Minister Judith Collins, naval vessels from New Zealand sailed across the Taiwan Strait. Collins described the two ships' activity as routine and in accordance with international law.
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September 25, 2024
The Yomiuri reported, citing several government sources, that Japan's Self Defense Force had patrolled the Taiwan Strait for the first ever time on Wednesday in an effort to send a signal to China. The Japanese newspaper reported that the SDF…
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September 25, 2024
In a filing with the South Korean regulatory authorities, Hanwha Ocean announced that it had halted negotiations to buy Austal, an Australian shipbuilder. Austal announced in April that it had turned down a takeover bid of A$1.02 Billion ($701,35 Million) because the Australian and U.S.
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September 25, 2024
On Wednesday, the Philippines reported that a Chinese helicopter approached and shadowed its fisheries bureau's aircraft while it was on patrol near disputed Scarborough Shoal. This is yet another confrontation between two countries in an intense dispute over territory.
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.
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September 21, 2024
As outgoing U.S. president Joe Biden hosted his counterparts from the Quad, which was formed due to shared concerns regarding China, the leaders of Australia, India and Japan expanded their joint security measures in Asia's richly traded waters.
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September 21, 2024
U.S. president Joe Biden stated on Saturday that China is continuing to "behave aggression" in the South China Sea, Taiwan Strait, and President Xi Jinping uses diplomacy to advance China's interests. Biden made the comments during the Quad Leaders summit in Wilmington, Delaware.
