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Mitsui & Co Ltd

  • Asia buyers of U.S. oil struggle on tight ship supply Wednesday, 13 Aug 2014 | 4:03 AM ET

    *Panamax freight rates from U.S. to Asia rise. NEW YORK/ SINGAPORE, Aug 13- Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.- Asia oil trade flows grow. "Why would you want to send a Panamax to Asia?

  • CHICAGO, Aug 8- U.S. grain shipments out of the largest terminal in the Pacific Northwest are facing major delays as grain inspectors remain off-site because of a labor dispute, and concerns are growing that the backlogs will get much worse when bumper harvests roll in.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face an unusual three-year limit on trading physical U.S. benchmark crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, the CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face three-year limits on trading benchmark U.S. crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • Japan to lend $200 mln to Brazil's Amaggi soy group Friday, 1 Aug 2014 | 1:53 PM ET

    BRASILIA, Aug 1- Japan agreed on Friday to lend $200 million to Brazil's Amaggi Exportacao e Importacao, one of the world's largest soybean growing operations, as the Asian country deepens its footprint in Brazil's farm belt.

  • Westport Petroleum Inc, the Franklin, Tennessee- based shipping arm of Japanese trader Mitsui& Co, chartered the BW Zambesi, an LR1 tanker, also known as a Panamax class vessel, in mid-July for the voyage. The tanker, owned by BW Group, docked at the Galveston terminal in Texas on Tuesday, AIS data on Reuters showed.

  • *South Korea, Japan refiners to take first two U.S. cargoes. *Iran condensate exports to China made at deep discounts. While buyers in Japan and South Korea have been willing to trial a U.S. grade of the super-light crude known as condensate, China has already locked in annual contracts with Tehran and is not expected to take any U.S. oil in the short-term.

  • SAN FRANCISCO, July 15- The first condensate cargo for export is due to load in Texas at the end of this week, headed via the Panama Canal to Asia, shipping sources said. Westport Petroleum Inc., the Franklin, Tennessee- based shipping arm of Japanese trader Mitsui& Co., chartered the BW Zambesi, an LR1 tanker, also known as a Panamax class vessel.

  • TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.

  • One week after U.S. authorities confirmed a ruling easing a 40- year ban on shipping lightly processed oil abroad, Enterprise Product Partners has sold its first cargo to a Japanese trading house and was seeking more buyers in Latin America, according to trading sources.

  • July 2- Enterprise Product Partners has sold a cargo of U.S. condensate to an Asian trader, in what appears to be the first export deal agreed to a week after the U.S. Commerce Department cracked open the door for limited oil exports, two traders said on Wednesday.

  • TOKYO, June 19- State-run Japan Oil, Gas and Metals National Corp could accelerate its investment in oil and gas resources in the long term, as it looks to ensure stable commodity supplies for the world's No.3 economy.

  • Japan's JOGMEC says could double investment in oil, gas Thursday, 19 Jun 2014 | 5:18 AM ET

    TOKYO, June 19- State-run Japan Oil, Gas and Metals National Corp could double its investment in oil and gas resources in the long term, as it looks to ensure stable commodity supplies for the world's No.3 economy.

  • TOKYO, June 16- A pattern of spending on hostess bars and overseas junkets for local pension fund officials went unchecked by senior managers at Deutsche Bank's Japanese securities arm, who failed to prevent or turned a blind eye to expenses that could be prosecuted as bribery, previously undisclosed details of a regulatory investigation show.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • TOKYO, June 8- For once, China looks to have done Japan a favor. In clinching a $400 billion deal last month to buy Russian gas, China may end up helping out its old political and economic rival in a way that matters hugely for Japan- energy security.

  • BEIJING, May 13- As relations between China and Japan plumb a new low, the descendants of hundreds of of Chinese men forced to work in wartime Japan are taking big, modern-day Japanese corporates to court. Japan invaded China in 1937 and ruled parts of it with a brutal hand for the next eight years.

  • TOKYO/ BEIJING, May 12- A year after spending $3.6 billion to buy grain trader Gavilon to expand in China, Japan's Marubeni Corp has been shaken by defaults on soybean sales and faces an investigation into alleged tax evasion in the world's top food consumer.

  • The comments from executives at Mitsubishi Corp, Mitsui& Co, Itochu Corp and other trading houses are a vote of confidence in the long-term outlook for unconventional drilling in the United States and Canada, after they saw more than $600 million in writedowns over the last two years.