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South Korea offers to purchase about 70,000 t of GMO-free soya beans

Posted to Maritime Reporter on November 28, 2024

Agro-Fisheries and Food Trade Corporation, a state-backed company in South Korea, has announced international tenders for the purchase of 70,000 metric tonnes of soybeans of high quality that are free from genetically modified organisms (GMOs), European trader said on Thursday.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on November 26, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Tuesday. Two consignments of corn were purchased.

South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 26, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 65,000 tons of animal feed in a private transaction on Monday, without launching an international tender. European traders confirmed this on Tuesday. The United States and South America were expected to supply the product.

South Korea's MFG purchased around 65,000 feed grains from the U.S.

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…

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

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.

South Korea's NOFI purchases about 60,000 T of soymeal from traders

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.

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

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…

South Korean feedmaker purchased 66,000 T of corn in private transaction, traders claim

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…

South Korea's KFA Busan purchased 70,000 T of corn in a private deal, traders claim

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.

South Korea bids to purchase? The traders estimate 101,000 T of rice

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.

South Korea's NOFI buys estimated 136,000 T corn, traders say

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 America…

KFA, South Korea's KFA, bought 65,000 t corn from the U.S.

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.

KFA, South Korea's KFA, bought 65,000 metric tonnes corn in a private deal

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.

South Korea's NOFI purchases about 60,000 T of soymeal from traders

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.

South Korea's FLC purchases 60,000 metric tonnes of soymeal from traders

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.

Shipping stocks slide after US port strike ends

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 Marine…

Hanwha Ocean, a South Korean shipbuilder, has halted talks with Austal about acquiring the company

Posted to Maritime Reporter on 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.

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

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 the…

FLC, a South Korean company, buys corn up to 68,000 t from the U.S.

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.

South Korea's FLC purchases 68,000 T of corn in a private deal, traders claim

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.
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