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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.

Israeli strikes Yemen's Hodeidah following Houthi attacks on Israel

Posted to Maritime Reporter on May 5, 2025

Israel said that it conducted airstrikes on Yemen's Hodeidah Port Monday, one day after Iran-aligned Houthis launched a missile near Israel's primary airport. In a press release, the military claimed that it had attacked targets it considered terrorists in Hodeidah.

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.

French CMA CGM acquires Turkish Borusan Logistics subsidiary for $440 million

Posted to Maritime Reporter on April 27, 2025

According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…

Traders say that no purchase has yet been made in Syria's 100,000-metric-ton wheat tender

Posted to Maritime Reporter on April 25, 2025

European traders reported on Friday that a state grain buyer in Syria still considers price offers for an international tender to purchase about 100,000 metric tonnes of soft milling Wheat which closed this past week without any purchase being made.

Singapore's Keppel reports higher first-quarter profits on infrastructure boost

Posted to Maritime Reporter on April 23, 2025

Singapore's Keppel Ltd announced on Thursday that its net profit for the first quarter, excluding legacy assets in offshore and maritime (O&M), increased by 25%. This was due to a strong performance from its infrastructure segment, and a stronger performance in asset-management.

Bloomberg News reports that Indian billionaire Adani will sell Australia terminal to Adani Ports

Posted to Maritime Reporter on April 17, 2025

Bloomberg News reported that Indian billionaire Gautam Adani, who is India's biggest private port operator, will transfer the ownership of a terminal in Australia to Adani Ports & Special Economic Zone for a total amount of $2.4 billion. The…

Russia claims new Estonian legislation is a threat to Baltic shipping security

Posted to Maritime Reporter on April 17, 2025

Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said that Estonians' adoption of legal changes allowing their navy to use force on foreign vessels is a provocative act that puts shipping and security at risk in the Baltic Sea.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on April 17, 2025

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline for submitting price offers is April 23, 2019. Traders had expected…

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…

Jordan purchases about 60,000 metric tonnes feed barley at tender, traders claim

Posted to Maritime Reporter on April 9, 2025

European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley on Wednesday in an international bid seeking up to 120,00 tons. The trading house Olam was reported to have purchased…

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on April 9, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from any origin, European traders reported on Wednesday. The deadline for submitting price offers to the tender is April 15th.

USTR Greer: Not all Chinese shipping fees will be implemented

Posted to Maritime Reporter on April 8, 2025

U.S. trade representative Jamieson Greer informed lawmakers on Tuesday that the proposed multimillion dollar fees for Chinese-built vessels docking at U.S. port may not be implemented in full and they might not be cumulative. Greer said at a…

South Korea will buy around 80,000 metric tonnes of rice, traders claim

Posted to Maritime Reporter on April 7, 2025

European traders reported on Monday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has published international tenders for the purchase of about 80,000 tons metric tonnages (tonnages) rice. The deadline for submitting price offers to tenders is April 15, 2019.

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

Posted to Maritime Reporter on April 3, 2025

According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn on Thursday in a private transaction without launching an international tender. You can get corn from anywhere in the world.

Caspian Pipeline Consortium suspends operations at 2 of 3 mooring points in its sea terminal

Posted to Maritime Reporter on March 31, 2025

The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's crude oil via the Black Sea to Europe, announced Monday that two of the terminal's three moorings points had been halted. CPC, which transports about 1% world oil and is a major route for Kazakhstan oil exports…

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