NOVA MEDIA PUBLISHING INC.

Maersk and MSC Start Charging 'Port Congestion Surcharges'

6.11.2020
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The world's two biggest container vessel companies, Maersk and Mediterranean Shipping Company, are to levy congestion charges of up to US$300 a container on Ports of Auckland's customers. This comes in the wake of delays of up to 12 days, which the port blames on Australian supply disruption and a lack of workforce. In a recently released advisory to customers, Maersk, which operates 786 vessels with a capacity of 4.1 million twenty-foot equivalent units, said. At the same time, it had "done its utmost to deliver cargo to and from Auckland while managing the current situation as best possible," it was experiencing significant vessel delays with waiting times currently 12 days.

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Argentina: Formosa's Banana Production Among the Worst in Decades

6.11.2020
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This year's banana production capacity was reduced by around 55% in the Argentine region of Formosa. 2020 has been one of the worst years for Formosa banana production in recent decades, and next year there will be a significant decline in fruit production. This was stated by the Laguna Naineck delegation of the Argentine Agrarian Federation (FAA) in a statement. The entity's subsidiary explained that this situation is due to a prolonged drought, high temperatures and late frosts, added to fires in several parcels and prices that were well below what was necessary. In this sense, he said that this year's production capacity was reduced by around 55%. "This serious situation will have an immediate consequence, which will be a 60-day delay in production in 2021 and a significant reduction in yield."

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Zespri Welcomes New Fresh Carriers Vessel MV Kowhai Into Its Shipping Fleet

6.11.2020
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The New Zealand kiwifruit industry will be boosted by three specialised reefer vessels following significant investment by operator Fresh Carriers, underpinned by its confidence in the kiwifruit industry and its longstanding relationship with Zespri. The first of three vessels, MV Kowhai, arrived at the Port of Tauranga this morning to begin loading 4,219 tonnes of Zespri Kiwifruit ahead of its maiden kiwifruit voyage bound for Japan. Zespri’s Chief Global Supply Officer Alastair Hulbert joined the commemoration event with a number of industry colleagues at the Port of Tauranga, and is pleased to mark the start of the vessel’s working life.

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Ecuador: Banana Growers Disagree with Price Fixed by MAG

6.11.2020
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The Ministry of Agriculture of Ecuador -MAG- through ministerial agreement 116 set a weekly price table, with which the banana export sector does not agree. The Ministry of Agriculture and Livestock (MAG) recently set a table of weeks for the application of the minimum support price of the banana box for 2021. For this, the State portfolio issued ministerial agreement 116, which was approved on Tuesday, October 27. The table establishes prices by periods, that is, from week 1 to 16, the price of the box of 41.5 or 43 pounds will be 6.60 dollars. In the period from week 12 to 32, the price will be $ 6.20. While from week 33 to 42, the price will be $ 4.50; and in the last part of the year (from week 32 to 52) it will be $ 6.40.

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Thank You for Your Partnership in FY20

4.11.2020
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The world has come a long way since the letter I wrote in April. As we mark the end to the 2020 Fiscal Year (FY20) and begin anew this month, I would like to relay my appreciation for the partnership afforded over the past few months. While the Panama Canal has overcome over a century’s worth of changes and trends, our team faced an extraordinary set of circumstances in FY20, from low water levels to trade disruptions to a global pandemic. I am grateful to our workforce and customers, who came together quickly and with great patience to ensure essentials goods continued to travel safely to communities around the world.

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Ecuador: Banana Farms Improve Yield

9.10.2020
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Bananas once again became Ecuador's main non-oil export product, displacing shrimp to second place. Although this product has always reached the first places on the podium, this year one factor, in particular, had an influence: the investments made in 2019 boosted the volume of exports until August. Fruit exports until that month were 260.6 million boxes, 8.45% more than that exported in the same period of 2019 and even a figure higher than that reached in 2016, 2017 and 2018. The main strategy was to focus on making investments to improve technology in the field, says Fabricio Espinoza, manager of the Probana company and commercial director of the Asociación de Agricultores Bananeros del Litoral (Asoagribal). In this sense, the producers bet on replanting.

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Russia Consolidates as the Second Market for Ecuadorian Bananas

9.10.2020
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Russia was consolidated, between January and August 2020, as the second destination for Ecuadorian bananas, with the purchase of around 53 million boxes, reported the executive director of the Association of Banana Exporters of Ecuador (AEBE), José Antonio Hidalgo. At the moment the main markets for Ecuadorian bananas by country are the United States, Russia, Belgium, Germany and the Netherlands, and by regions Europe, Russia and the Middle East.

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Effects of the Coronavirus Are the Center of the Virtual Banana Convention 2020 in Ecuador

9.10.2020
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The effects of the coronavirus pandemic and the efforts to overcome them are the central axis of the XVII International Banana Convention 2020, which was virtually inaugurated on October 5 and had its operations centre in Ecuador. The forum, which brought together actors from the banana industry of Ecuador and the world until October 8, has virtually recreated the usual spaces of a conference considered one of the most important in the sector. The opening ceremony took place in a hotel in Guayaquil. "The banana sector has established itself as a fundamental pillar for the economy.

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Ivory Coast starts the Construction of Second Container Terminal

9.10.2020
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Ivory Coast started on October 3rd the construction of a new container terminal at the port of Abidjan, one of Africa's main and economic centers providing 90% of the country's foreign trade. The new infrastructure, will be able to accommodate, at the end of the works in 18 months, ships measuring 300 meters and carrying up to 15,000 containers, the largest which frequent the African coasts", announced the director from the port, Hien Sié. For Mr. Sié, "the port will be equipped with infrastructure that will allow it to compete with other African ports already accommodating these ships which until then could not reach Abidjan". Ivorian President Alassane Ouattara, campaigning for his re-election to a controversial third term in the October 31 presidential election, laid the foundation stone for Côte d'Ivoire-Terminal.

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PHL Banana Exports Down 10% in 7 Months

2.10.2020
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The country's banana exports from January to July fell by 10 per cent to $1 billion from $1.1 billion as Covid-19 lockdowns impacted economies and international trade, Philippine Statistics Authority (PSA) data showed. Total banana shipments during the 7-month period fell 4 per cent to 2.439 million metric tons (MMT) from 2.541 MMT recorded in the same period of last year, PSA data showed. Japan was the country's top banana export market during the reference period, accounting for almost half of the total value of shipments, according to data. Banana exports to Japan rose by 12 per cent to $455.061 million from last year's $406.753 million as the volume of shipments expanded by 15.17 per cent to 915,565.821 MT.

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Colombia: ICA Delivered 85 GAP Certificates to Properties in Magdalena

2.10.2020
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The Colombian Agricultural Institute, ICA granted a total of 85 certificates of Good Agricultural Practices. The properties certified with GAP by the ICA are located mainly in the municipality of Zona Bananera. In contrast, 38 more properties were verified in compliance with the biosecurity standards for the prevention of Fusarium R4T, within the framework of Resolution ICA17334 of 2019. The farms are banana producers who are registered with the ICA as export farms and are monitored by the Institute to ensure safety in primary food production and contribute to sustainability in regional and national productivity.

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Ecuador: Additional Pier for Puerto Bolívar Harbour

11.9.2020
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On September 4, the agreement for the construction of the sixth pier was signed by the Yilport company in Puerto Bolivar. The cost of the construction will be $ 176 million, and the works would begin at the end of 2020, said Gabriel Martínez, Minister of Transport and Public Works (MTOP). The President of the Republic, Lenín Moreno, said that "the new dock will benefit carriers and that this will generate more work." He added that the donation of 15 hectares made by the Navy, "will be used to build a Harbor Master's Office." The President witnessed the signing of the agreement that was made in Puerto Bolívar, in the Ecuadorian province of El Oro.

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Italy: New Connection APM Terminals Vado Ligure-Piraeus

11.9.2020
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From mid-October 2020, a new line will enter service between the new deep-sea terminal of Vado Ligure, one of the most technologically advanced in the Mediterranean and the port of Piraeus. The new VAX service, managed by Diamond Line, a COSCO group the company, represents an important step in the growth path of the new Container Terminal in Vado Ligure after the start of operations last February and takes on particular importance also in light of the economic situation caused by the Covid-19 health emergency.

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Ecuador: Ensuring Sustainability, will be the Central Theme of the International Banana Convention

11.9.2020
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The challenges and difficulties of the banana sector will be addressed from October 5 to 8 during the XVII International Banana Convention organized by the Ecuadorian Banana Exporters Association (AEBE). The event will address a strategic agenda that aims to strengthen productive capacities for improving the competitiveness of this industry. Participants will have unlimited access to conferences, exchanges of experiences, commercial exhibitions and business roundtables on topics such as: financing for sustainable development, Blockchain strategies, actions in the face of the health emergency, plans and prospects for commercial investment, among others.

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Colombia: Asbama Reports Growth in Banana Exports

11.9.2020
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According to data from the National Administrative Department of Statistics, Dane, from Colombia, banana exports in the first half of the year went from 302,124.56 tons in 2019 to 333,619.31 tons in 2020, an increase of 10.4%. A movement of 17,036 containers was recorded, an increase of 3.8% compared to 2019 (620 more containers).

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75 % Chances La Niña Will Continue Through the Northern Hemisphere Winter

11.9.2020
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In August, La Niña conditions were present, with below-average sea surface temperatures (SSTs) extending across the central and eastern equatorial Pacific Ocean (Fig. 1). In the last week, all Niño indices were negative, with the Niño -3.4 index at -0.9ºC and the Niño-1+2 and Niño-3 indices were cooler than -1.0ºC. Equatorial subsurface temperature anomalies averaged across 180°-100°W and were negative, with the largest departures observed in the east-central Pacific from the surface to 200m depth. Atmospheric circulation anomalies over the tropical Pacific were also generally consistent with La Niña, despite sub-seasonal variability during the month.

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Carriers Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices

4.9.2020
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Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike in demand across major tradelanes. Handy 7,500-11,000 teu ships have been virtually ‘sold out’ since July and any tonnage that does become available is being snapped up quickly by energetic in-house carrier brokers. “The top carriers are adopting a ‘whatever it takes’ attitude to chartering at the moment, and they really don’t seem to care what they pay as long as they fix the ship,” one London broker source said. “And where they can’t get a VLCS (7,500-11,000 teu), they are even prepared to fix two panamaxes (4,000-5,100 teu) to run in tandem,” he said.

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Port of Cape Town on track to reduce shipping backlogs due to Covid-19

7.8.2020
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Sustained improvements in the running of the Port of Cape Town mean that main shipping lines could possibly reinstall calls to Cape Town by the second week of August, Finance and Economic Opportunities MEC David Maynier has said. “Through ongoing engagements between ourselves and the Transnet Port Terminals (TPT) management, we have in recent weeks seen some welcome developments since Velile Dube was appointed as the new CEO of TPT,” said Maynier. “If this performance is sustained during next week and beyond, it would mean that the main shipping lines could possibly reinstall calls to Cape Town by the second week of August.

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Dole Unveils Integrated Strategy Against TR4

7.8.2020
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Dole shared the company's most recent update on its efforts to combat Fusarium Tropical Race 4 (TR4), which poses an existential threat to bananas. Since the discovery of TR4 in northern Colombia one year ago, Dole swiftly ramped-up its TR4 response plan, implementing site-specific TR4 prevention activities throughout Latin America in coordination with local authorities and international experts to contain and prevent spread. A three-year containment program was immediately implemented in 2019 to ensure biosecurity protocols in every Dole banana farm, as well as those of Dole's independent suppliers.

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Guatemalan Banana Industry on Strong Rise

7.8.2020
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Banana farms of the Hame group in Guatemala are among the most productive not only in the Central American country but also internationally, some produce up to 98 tons per hectare per year, as explained by Hugo Molina Botrán, director of the group. “For years, most growers followed the traditional path of meeting market requirements through certifications such as Global-GAP and Rainforest Alliance, however, over time, we have realized that the efforts of sustainability were not only the right thing to do but also the smart thing to do,” said the group leader.

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Port of Wilmington Yard Expansion Accommodates Refrigerated Container Growth

7.8.2020
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North Carolina State Ports Authority (NC Ports) made history with the arrival of one of the world’s largest container ships — and the Port is ready to receive up to 1,200 refrigerated containers a similar ship can carry. The MV Hyundai Hope sailed into the port on May 20, marking the port’s first visit by an ultra-large container vessel (ULCV). The ship is 1,200 feet in length and has a carrying capacity of nearly 14,000 TEUs. This milestone highlights the port’s commitment to improving the infrastructure necessary to support the larger container vessels calling on East Coast ports.

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Setrade Adds a Call at Dover

7.8.2020
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Antwerp based Seatrade is now calling twice a week at Dover cargo terminal having added the Zodiac service from the Caribbean in addition to the same operator’s Rayo Reefer Service from Ecuador and Peru. The Swedish Stream made the first call on the service which, after calling in France, returns to Columbia, Costa Rica, Guatemala, and Honduras. The Rayo Reefer Service connects Puerto Bolivar, Guayaquil and Paita with Dover and France. General Manager at Port of Dover Cargo Nik Scott-Gray, said: “We are delighted to be welcoming Seatrade back to Dover for many regular calls now and into the future.

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Chinese Ports Deny Rejecting Reefer Containers

24.7.2020
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Major ports in China have seen slower customs clearing for frozen food due to strict anti-virus and testing measures, on the back of a cluster of coronavirus cases linked to a wholesale food market in Beijing, and positive testing results of some imported frozen meat and seafood. But no Chinese port has rejected any container ship, or asked vessels to divert to other destinations, and the backlog is gradually reducing as the outbreak eases and the capacity at refrigerated container depots has expanded.

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Orsero will be Present in 200 Autogrill Stores in Italy

24.7.2020
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The Orsero Group, leader in Mediterranean Europe for the import and distribution of fresh fruit and vegetables, will be present in 200 Autogrill stores in the italian highways network with the F.lli Orsero brand products of the range of cut fruit ready to consumption and the new "Drinking Fruit" line. Specifically, it will be possible to purchase F.lli Orsero products at the points of sale of the motorway network and in some hub points of the big cities, such as Milan, Rome and Florence.

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What does the future hold for reefer shipping and the cold chain?

24.7.2020
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Despite the impact of COVID-19 on the supply chain, the transportation of perishable goods is set to grow in 2020 as plant-based diets become popular, demand for high vitamin products increases and the Chinese meat market picks up. Considering this, refrigerated (reefer) shipping could become one of the most important drivers of supply chain and maritime growth in the coming years. Consequently, carriers see reefer containers as vital tools in their end-to-end offering.

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DP World will have its first logistics center in Ecuador

24.7.2020
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In September 2020, DP World will open its first Logistics Center in Ecuador. The facility will be in Durán and will offer services to the entire foreign trade chain of DP World Posorja terminal and to other ports of Guayaquil. The Logistics Center is about 90% completed and stands in the industrial area of the Durán canton. Its facilities will be spacious, modern and safe; there will be spaces intended for the empty containers; cross-docking area for cargo consolidation for bananas, cocoa and coffee; and stowage and palletizing services.

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Bolivia: Banana exports to Argentina are normalized

24.7.2020
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The president of the Community Organization of Banana Producers of Trópico de Cochabamba (Oncobatrop) in Bolivia, Agustín Conde, said that the rigid measures decreed by the Argentine government to contain the spread of Covid-19 plummeted sales of Bolivian bananas to the neighboring country and reduced the dispatch of cargo from 60 to 30 trucks per week. “The de-escalation of restrictions is allowing us to regain dynamism in terms of sales. Now the average number of trucks leaving per week is over 60 units.

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Renewed Optimism for Specialized Reefer Vessels

10.7.2020
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At the end of 2019, it appeared as though a storm was brewing for the conventional reefer market; little did the market know that a storm was brewing for the entire shipping industry. While rumours and a limited amount of news stories were circulating in China in regards to the Sars-Cov 2 virus, few foretold or foresaw the scale of the challenges it would pose. Container liners have seen a historic drop in container volumes, plummeting charter rates for boxships and a historic amount of blanked sailings. In the fourth quarter of 2019, many were pessimistic about the fortunes of the conventional reefer segment, citing the spectre of high fuel costs on the back of the IMO 2020 regulations and the continued containerisation of important commodities. Fast forward to the middle of 2020 and the situation looks quite different.

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Reybanpac Assigned the Highest Credit Rating by the Agency BankWatch Ratings of Ecuador

10.7.2020
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The rating agency, BankWatch Ratings of Ecuador, assigned AAA rating to Reybanpac's Second Commercial Paper Issuance Program because of its analysis. In its report, BankWatch Ratings establishes that Reybanpac is a mature company with extensive knowledge and participation in its market, and with a strong competitive position. The diversification of its market and the relationship it maintains with its main customers and suppliers stand out. “As of April-2020, the revenue growth in the banana business line is a clear indicator that the company has not been affected by macroeconomic conditions by participating within a priority sector and that its position in international markets and customer diversification allows it to generate sustainable income over time.”

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Bolivia: Banana Exports Drop 50%

10.7.2020
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The export of bananas from Bolivia was reduced by 50 percent due to the low demand in the Argentine market, which is the potential buyer of the product, informed the legal adviser of the Cochabamba Agricultural Chamber (CAC), Rolando Morales. "Banana exports have dropped by at least 50 percent because Argentina, which is the potential buyer, has fallen in demand. They have also been affected by the pandemic, and most people are in lockdown and not working. On top of that, they are receiving offers from countries like Colombia and Ecuador that are offering bananas at a lower price,” he assured.

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Banana Shortage Shows Need for Local Produce

11.7.2020
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More food must be grown on the island to combat problems with international supply chains, the home affairs minister said. Walter Roban’s warning came after it was confirmed that a shipment of bananas was destroyed in April because it was riddled with mealybug pests. He said: “Given the ongoing challenges to global supply chains, Bermuda must increase its local food production as much as possible. “Mealybugs present a significant risk to many of the crops grown on island at a time we need to produce as much as possible.”

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Canary Islands: 141 Million Euros to the Banana Local Banana Growers

3.7.2020
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The Ministry of Agriculture, Livestock, and Fisheries of the Government of the Canary Islands have completed the payment of 141 million corresponding to banana producers with Protected Geographical Indication (PGI). In a statement, the Ministry has reported that it has made the last outstanding payment, of 71 million euros, assigned to banana producers with PGI certification, according to the Community Program for Support for Canary Islands Agricultural Productions (POSEI). This grant is financed by the European Agricultural Guarantee Fund (EAGF) and corresponds to the year 2019.

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Maersk’s Upgraded Reefer Technology to Help ZIM Reach New Markets

3.7.2020
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A.P. Moeller-Maersk (Maersk) has said its subsidiary Maersk Container Industry (MCI) will expand ZIM Integrated Shipping Service’s (ZIM) refrigerated container (reefer) fleet. In a statement, MCI said it will supply ZIM with 500 Star Cool Control Atmosphere-enabled reefers, which it said will support the carrier’s ambition of expanding into new markets. This is the fourth consecutive order from ZIM for MCI’s reefers and the parties say it showcases their “ongoing collaboration and partnership”.

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Honduras: Government Announces Meeting with Chiquita Executives

3.7.2020
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The presidential representative and head of the Secretariat for Economic Development (SDE), María Antonia Rivera, announced that they would seek a meeting with Chiquita Brands executives to talk about their logistics operations in Honduras after the company closed them in Puerto Cortés on June 30, moving it to the private Cobigua pier in Puerto Barrios, Guatemala. Chiquita was estimated to handle about 28,000 containers of goods and fruit per year. However, because of discrepancies in tariffs and charges, high energy costs, and ground freight fares, they would have decided to leave Puerto Cortés.

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Emergency in Costa Rica to Prevent Entry of TR4 Plague

3.7.2020
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The government of Costa Rica recently decreed a state of phytosanitary emergency to prevent the entry of the plague known as Fusarium Tropical Wilt Race 4 (FocR4T) that threatens production and jobs in the banana sector. The Decree reflects the government's effort and commitment to protect the agri-food sector and the thousands of people who work in this activity, said the President, Carlos Alvarado, at the signing of the ordinance, together with the Minister of Agriculture and Livestock (MAG), Renato Alvarado.

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Colombia: Banasan Fourth Banana Exporter in Colombia

26.6.2020
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Generating around 30 thousand jobs between direct and indirect and positioned in the fourth place of exports in Colombia, despite being one of the youngest companies in the country to reach the market, today the Comercializadora Internacional Bananeros Unidos de Santa Marta, CI Banasan S.A.S. has become one of the essential alternatives in shipping bananas from Colombia to Europe and South Korea. The company has established itself as the second in Magdalena and the fourth in Colombia among volume exporters.

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Honduras: Chiquita to Stop Exporting from Puerto Cortés

26.6.2020
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Chiquita Brands closes shipping operations in Puerto Cortés and moves to Guatemala. According to the information released, the company announced that it would work at the port until June 30. Then its export operations will move to Puerto Barrios, in Izabal, in the neighboring country. The reason is not derived from the pandemic, since, before the virus entered, Chiquita had already started moving its shipments of Honduran bananas. The company did it through the Corinthian border, Cortés. Unfortunately, the people who worked for Chiquita in Honduras will be left without a job. It was informed that the dismissal process began in February.

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Exceptional Growth in Reefer Segment for the Port of Antwerp

26.6.2020
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Despite the difficult conditions following COVID-19, the Port of Antwerp achieved very strong growth in the volume of reefer containers for perishables during the first quarter. The exceptional volumes are the result of the port's growing role in the reefer market and increased demand for healthy food and pharmaceutical products during this period. Growth of 23% A total of 252,452 TEUs of reefer containers were processed, an increase of +23% compared to the first quarter of 2019 (205,157 TEUs).

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Mexico: Banana Plantations Proliferate in the Carrizal Area

19.6.2020
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After having regained the importance it had decades ago, the local banana sector has consolidated itself as one of the primary activities, which, far from being affected by this health contingency, continue to open doors in international markets. In addition to having maintained weekly exports of 150 containers to China since last March, ties with other markets continue to be strengthened, without forgetting the domestic market, in addition to the fact that more and more people are establishing plantations for self-consumption.

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Kalmar to Supply DR Depots with Lifting Equipment

19.6.2020
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Kalmar, part of Cargotec, has concluded an order to supply DR Depots with nine empty container handlers and one Kalmar Gloria reachstacker. The order, which was concluded through Kalmar’s local dealer Feyter Forklift Services, was booked in Cargotec’s Q2 2020 order intake, with all units scheduled for delivery in Q4 2020 - June 15, 2020 DR Depots, a subsidiary of the DR group of companies, is one of Rotterdam’s leading operators in the field of empty container storage, repair and added-value services for both dry and reefer equipment.

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Dole Achieve Certification for High Performance in Water Management and Catchment

19.6.2020
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Dole announced recently that 11 banana farms in Colombia and two in Ecuador have achieved certification to the Alliance for Water Stewardship (AWS) International Water Stewardship Standard for taking water management to a higher level in Dole’s own farming and suppliers’ growing and sourcing operations. The standard is intended to drive social, environmental and economic benefits at landscape level which encompasses all users of a particular water catchment, allowing them to better understand how their water use impacts others, and to work collaboratively and transparently for sustainable water management.

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Biotech Firm Invests $28.5m to Find Bananas Resistant to TR4

12.6.2020
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Tropic Biosciences, based at the Norwich Research Park, has raised $28.5m of investment to push forward its work to save the world's banana plants from a devastating disease. Picture: Tropic Biosciences Tropic Biosciences, based at the Norwich Research Park, uses cutting-edge plant breeding and gene editing technologies to improve commercial varieties of banana and coffee plants. Since 2018 the company has been leading the international drive to create a new type of banana which is resistant to Panama Disease (also known as TR4), which experts describe as an “existential threat to the banana industry”.

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Canary Islands: The Banana Sector in Search of Alternatives to Anticipate the Crisis as Much as Possible

12.6.2020
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The Covid-19 outbreak in Spain has generated a dichotomy among producers of Plátano de Canarias. On the one hand, it has highlighted the strategic importance of the primary sector in the islands, but on the other it has placed them in a difficult situation due to the closing of markets. For this reason, the Organizations of Producers of Plátano de Canarias, together with Asprocan, have joined forces to find alternatives anticipating the crisis and guaranteeing the viability of exports. The decrease in the volume of bananas marketed in the archipelago during the state of alarm has been 700 tonnes relative to the average of the last decade, a setback to which is added the high production of 2020 which has already reached 38,000 tonnes.

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Covid-19 Spreads Across Agricultural Plantations in Northern Costa Rica

12.6.2020
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The second pandemic wave has hit farm workers in the northern zone, accustomed to constantly moving in search of work through border towns. The actions of various state institutions are concentrated in that area of the national territory, where the orange alert which seeks to contain the advance of covid-19 among those populations (considered among the most vulnerable to the new coronavirus) was expanded on June 7th. Dr. Guiselle Guzmán Saborío, head of the Collective Health Area, of the Costa Rican Social Security Fund (CCSS), has been coordinating field work in the northern area since last week.

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Ecuador Requires Another US$ 4,000m for its Reactivation after Covid-19

12.6.2020
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After 77 days of an almost complete stoppage caused by COVID-19, more than 150,000 people have been made unemployed and another four million informal workers are without any kind of sustenance, according to the Minister of Productivity and Commerce, Iván Ontaneda, because of this the Andean country requires another US$ 4,000 million to reactivate its economy which is aimed at the productive and economic reactivation of the country, Ontaneda said in an interview. So far, and with international aid, US$ 1.15 billion has been injected into an assistance fund for small and medium-sized companies that according to the minister "is not enough to cover all of the country’s needs."

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