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.
Posted to Maritime Reporter
on
October 30, 2024
European traders reported on Wednesday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has launched an international tender for an estimated 101,000 tons of rice. The deadline to submit price offers is November 7.
Posted to Maritime Reporter
on
October 29, 2024
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn, which could be sourced from either the United States, South Americaā¦
Posted to Maritime Reporter
on
October 21, 2024
According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.
Posted to Maritime Reporter
on
October 17, 2024
LSEG data and traders' reports on Thursday showed that China 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 rose 2% in August to 4.2 million metric tonnes.
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
October 17, 2024
The youngest person to ever scale the 14 tallest mountains in the world, a Nepali teenager wants to use his talents to help the Sherpa people of Himalayan country and produce world-class athletes. Sherpas are an ethnic group that lives mainly around Mount Everest.
Posted to Maritime Reporter
on
October 17, 2024
According to European traders, the Korea Feed Association in South Korea bought about 65,000 metric tonnes of animal feed corn in a private transaction on Wednesday. The corn was expected to come from either South America or the United States.
Posted to Maritime Reporter
on
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 Marineā¦
Posted to Maritime Reporter
on
September 20, 2024
European traders reported on Friday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Brazil, or South Africa. They said that theā¦
Posted to Maritime Reporter
on
September 12, 2024
Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early Juneā¦
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
August 27, 2024
The Feed Leaders Committee of South Korea (FLC) bought around 68,000 metric tonnes of animal feed corn from South America on Tuesday in a private transaction without holding an international tender. The corn cost was estimated at $232.99 per ton, including freight.
Posted to Maritime Reporter
on
August 27, 2024
European traders reported that the Korea Feed Association (KFA), which is a trade association for animal feed, purchased approximately 66,000 metric tonnes of animal feed corn at an international auction on Tuesday. The corn was expected to come from South America.
Posted to Maritime Reporter
on
August 26, 2024
State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.
Posted to Maritime Reporter
on
August 21, 2024
European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All the wheat was purchased FOB for shipment between October 16 and November 15.
Posted to Maritime Reporter
on
August 14, 2024
Major Feedmill Group of South Korea (MFG) bought up to 60,000 tons of soymeal on Tuesday in a private transaction without issuing a tender internationally, European traders reported on Wednesday. The estimated cost of the ton (c&f), including any surcharges for port unloading, was $399.95.
Posted to Maritime Reporter
on
August 9, 2024
China's Ningbo Zhoushan Port is one of the busiest in the world. State media reported that an explosion occurred on a container vessel on Friday. According to state media, no casualties have been reported following the explosion on YM Mobility around 1:40 p.m.