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

Posted to Maritime Reporter on July 10, 2025

The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.

South Korea's MFG purchases about 120,000 T of soymeal according to traders

Posted to Maritime Reporter on June 30, 2025

Major Feedmill Group of South Korea (MFG) bought approximately 120,000 metric tonnes of soymeal in an auction on Monday. The soymeal could have been sourced from the United States or South America, but also China, traders reported. Both consignments of 60…

South Korea's NOFI offers up to 60,000 tonnes of soymeal

Posted to Maritime Reporter on June 30, 2025

European traders reported on Monday that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. (NOFI) had issued a tender for up to 60,000 tons of soymeal, sourced from South America or China. They said that the deadline for submitting price offers to the tender is also on Monday…

South Korean mills purchased 32,000 T of wheat from the US

Posted to Maritime Reporter on June 27, 2025

On Friday, European traders reported that a group of South Korean mills purchased an estimated 32,000 tons of milling grain to be imported from the United States. This purchase included several wheat varieties and all were purchased on a FOB…

South Korea's MFG purchases approximately 266,000 metric tonnes of corn, traders claim

Posted to Maritime Reporter on June 25, 2025

European traders reported that the Major Feedmill Group (or MFG) of South Korea purchased approximately 266,000 metric tonnes of animal feed corn at an international auction on Wednesday. Four consignments were purchased for South Korea's arrival in September and October.

Sources say that the Middle East war insurance rates are rising due to escalating tensions in Hormuz

Posted to Maritime Reporter on June 23, 2025

Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.

China and Central Asian countries agree on better connectivity by land and flights

Posted to Maritime Reporter on June 17, 2025

China and Central Asian nations are willing to improve road, rail, and air connectivity. They will also look to increase direct flights from and to China, as they agree to enhance their exchanges. China said it would simplify visa procedures for the five Central Asian nations…

Mitsui OSK Lines MISC and Petronas establish joint venture for shipping liquefied CO2.

Posted to Maritime Reporter on June 17, 2025

Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.

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

Posted to Maritime Reporter on June 10, 2025

Major Feedmill Group of South Korea (MFG) bought around 68,000 metric tonnes of animal feed corn on a private basis without launching an international tender on Tuesday, European traders reported. The estimated cost of the ton was $233.99, including freight.

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

Posted to Maritime Reporter on June 10, 2025

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 on Tuesday in an international bid seeking up to 13,88,000 tons. The corn can be purchased from South America…

South Korea's KFA purchased about 65,000 t corn in a private deal, traders claim

Posted to Maritime Reporter on June 9, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed in a private transaction late last week. There was no international tender. They said that the corn would be imported from South America.

South Korea's FLC purchases about 67,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on June 5, 2025

The Feed Leaders Committee of South Korea (FLC) purchased around 67,000 metric tonnes of animal feed corn on Thursday in a private transaction without holding an international tender. The corn was bought at an estimated cost of $234.99 per ton, including freight.

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

Posted to Maritime Reporter on May 14, 2025

Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal from South America on Wednesday in a deal that was not subject to an international tender, traders reported. The estimated cost and freight per ton was $346.40, including the surcharge for port unloading.

South Korea's NOFI buys estimated 65,000 T corn, traders say

Posted to Maritime Reporter on May 14, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 65,000 metric tonnes of animal feed corn on Wednesday in an international bid seeking up to 138,000 metric tons.

Shipping group Maersk: US-China agreement is a positive step; shares soar

Posted to Maritime Reporter on May 12, 2025

Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…

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

Posted to Maritime Reporter on May 8, 2025

European traders reported that the Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal on Thursday in an international auction. The soymeal was expected to come from South America. It is believed that the FLC purchased from Cargill, a trading house.

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

Posted to Maritime Reporter on May 8, 2025

According to European traders, the Korea Feed Association in South Korea purchased between 65,000 and 70,000 metric tonnes of animal feed corn from optional origins on Wednesday in a private transaction without launching an international tender.

South Korea's MFG purchased 65,000-70,000 T corn privately, traders claim

Posted to Maritime Reporter on May 5, 2025

Major Feedmill Group of South Korea (MFG) bought between 65,000 and 70,000 metric tonnes of animal feed corn late last week in a private transaction without issuing a tender to the international market, European traders reported on Monday. The estimated cost per ton was $248.40, including freight.

South Korea's MFG purchases about 66,000 T of corn, traders claim

Posted to Maritime Reporter on April 29, 2025

In an international auction held on Tuesday, the Major Feedmill Group of South Korea (MFG) bought approximately 66,000 metric tonnes of animal feed corn, which could have been sourced from either the United States, South America, or South Africa.

Last week, South Korea's FLC purchased about 65,000 t corn from the U.S.

Posted to Maritime Reporter on April 10, 2025

The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tons of animal feed grain expected to come from the United States, in a private transaction late last week. This was done without launching an international tender. They…

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