September 14, 2021

MMW Grain Terminal and Kibar Dış Ticaret signed transshipment contract

Istanbul (TURKEY), 9th of September, the delegation of MMW Grain Terminal (A member of Posco International Corporation) visited Istanbul for the solemn ceremony of signing transshipment contract with Kibar Dış Ticaret that was represented by General Manager Serdar Koçtürk.

Kibar Dış Ticaret is the foreign trade company of Kibar Group, one of Turkey’s leading industrial companies. Kibar Group operates in the metal, automotive, packaging, construction materials, real estate, logistics, energy, food, and service sectors and has 22 companies and more than 7,500 employees. Kibar Dış Ticaret was established in 1985 to play a leading role in the foreign trade initiatives started in the country and to organize the foreign trade activities of the Kibar Group as an expert company in this field.
Today, it carries out the export activities of many leading companies in Turkey and meets their raw material needs. In addition, it is engaged in high tonnage transit trade from foreign countries to third countries. The foreign trade volume of the company has progressed steadily and has reached 1.5 million tons per year. Kibar Dış Ticaret is a distinctive representative of the strong commercial culture of the group with its widespread contact points and foreign trade expertise.
Kibar Dış Ticaret ranks among the top companies in the list of Turkey’s Top 1000 Exporting Companies announced by the Turkish Exporters Assembly (TIM) every year.

Transshipment contract implies services on Ukrainian origin grain transshipment through MMW Grain Terminal facilities in Mykolaiv, Ukraine.
As was reported by Reuters, on 8th of September Turkey has reduced to zero the import customs duty for wheat, rye, barley, oats and corn, chickpeas and lentils until year-end.
Both companies believe that this fact is going to boost export of Ukrainian commodities to Turkey and established direct contacts would become a substantial background for expanding future cooperation.

As was mentioned before among new partners in MY 2021/22 are: Group of Companies Ukrlandfarming , COFCO Agri Resources Ukraine, Allseeds Group, Rhinestone Trading.