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IMO 2020: Update on Bunker Adjustment Factor (BAF) and new Environmental Fuel Fee (EFF)

11.9.2019
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From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. The cost of compliance with the new regulation will be significant, so the cost of shipping will increase.

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Hapag-Lloyd (ETR:HLAG) Reaches New 12-Month High at $58.40

30.8.2019
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Hapag-Lloyd AG (ETR:HLAG) hit a new 52-week high during trading on Tuesday . The stock traded as high as €58.40 ($67.91) and last traded at €57.50 ($66.86), with a volume of 29528 shares traded. The stock had previously closed at €55.70 ($64.77). A number of research firms have recently issued reports on HLAG. Jefferies Financial Group set a €40.00 ($46.51) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research report on Thursday, May 9th. Deutsche Bank set a €28.00 ($32.56) price objective on Hapag-Lloyd

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Peru: VII International Organic Banana Congress in Piura

30.8.2019
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Next Thursday, November 21 and 22, the VII CIBAN (International Organic Banana Congress) will be held at the UNP. The event is held with the objective of providing solutions and strategies to the challenges of the banana production chain that brings together more than 9,500 small producers. The VII CIBAN (International Organic Banana Congress), organized by the Banana Regional Technical Board, will be held from 8 a.m. in the Manuel Moncloa and Ferreira auditorium of the National University of Piura; with the participation of international and national exhibitors from Brazil, Holland, France, Israel, Colombia and Ecuador.

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Colombia: Additional ICA Measures to Protect Plantain and Banana Plantations

30.8.2019
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In order to protect the plantain and banana plantations of the Urabá region of the Fusarium Raza 4 Tropical, R4T, the ICA, the authorities set up three phytosanitary checkpoints to monitor the entry and exit of agricultural products, as well as the transporters, and make sure they comply with the biosecurity measures established by the entity. The checkpoints were located in the urban area of the Antioqueños municipalities of Carepa and Mutatá, and in the municipality of Valencia, in the department of Córdoba. Likewise, work is being done on the location of 4 more posts in strategic sites that generate a positive impact on the protection of plantain and banana plantations.

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MSC: Bananas from Ecuador Consolidate their Presence in Asian Markets

23.8.2019
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MSC is currently the largest carrier serving the banana industry in Ecuador, opening opportunities for small and medium-sized exporters, taking its production to new markets, particularly in Asia. "Thanks to containerization, the Ecuadorian product is reaching new destinations with MSC as a market leader. In a trade that is competing with a closer supplier of bananas such as the Philippines. Ecuadorian bananas are gaining more acceptance every year due to their high quality," said Manuel Negrón, commercial manager of MSC Ecuador.

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Costa Rica: APM Terminals Rates Experience the First Increase

23.8.2019
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As established in the concession contract, the fees charged by the APM Terminals Company for the operation of the Moín Container Terminal (TCM) increased from Saturday, August 17th. The Dutch company (which has been operating the terminal since the beginning of this year) explained by email that the rates are adjusted regularly once a year - each August 17th according to the provisions of one of the clauses of the contract. To determine the amount, inflation over the period is applied, which is measured by the so-called Consumer Price Index (CPI-U) of the United States. The increase that came into effect on Saturday, approved by the National Concessions Council (CNC) was 1.62%.

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Ecuador: REYBANPAC Awarded by Local Social Security Institute

23.8.2019
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Recently, Reybanpac, producer of the “Favorita” brand banana, received from the Ecuadorian Institute of Social Security (IESS) the "IESS Award for Good Business Practices 2019". During the event, Reybanpac's contribution was highlighted for the “Highest number of affiliates nationwide, during the 2018 - 2019 period”, being the only company in the agricultural sector to be awarded in this category. The initiative organized by the IESS seeks to encourage and recognize the contribution of public and private companies in the generation of formal employment and compliance with laws and regulations. Around 500 companies applied to participate in 3 categories.

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MSCs New Breed of Giant Container Ships Starts to Clean Up Ocean Shipping Sector

23.8.2019
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Earlier this month the MSC Gülsün transited the Suez Canal en route from Northern China to Europe before docking in Algeciras. At a hair's breadth under 400 metres the ship is claimed as the largest container vessel in the world and is the first of a new class of 23,000+ TEU vessels to be added in 2019-2020 to the global shipping network of MSC, a world leader in transportation and logistics and the shipping industry's second largest box carrier. The voyage was a landmark for the new breed of ocean vessels which are all targeted at producing emissions below the International Maritime Organization’s (IMO) incoming sulphur cap and the Gülsün is loaded up with innovative engineering, all aimed at producing the cleanest working vessels to date.

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Ecuador and the UK Agree a Mechanism to Protect Trade After Brexit

23.8.2019
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The eventual exit of the United Kingdom from the European Union, currently scheduled for October 31st, 2019, in a potentially abrupt manner has put the country under pressure to avoid a possible collapse and shortage of products. While the United Kingdom signed a trade agreement in May this year with Ecuador, Peru and Colombia to anticipate Brexit, the agreement has still not come into effect. The agreement will allow the exchange of 95% of the products between both countries without tariffs in the same way as the commercial agreement that the countries signed with the European Union, which has been in force since 2017.

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Colombia: Controls Strengthened Against ‘Panama Evil’

23.8.2019
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After the declaration of a National Emergency because of the presence of Fusarium Race 4 Tropical in 6 farms in La Guajira, the ICA, the PMU, Unified Command Post and the banana and plantain production chain in Colombia have started actions aimed at containing the fungus, preventing its spread and maintaining the national production and export volumes. For this reason, with the leadership of Agrosavia and ICA, the protocol for the importation of promising materials was designed, with potential resistance to Tropical Fusarium Race 4

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Private Ports in Guayaquil Drive More Investments for Dredging

19.7.2019
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TPG, of the Chilean group SAAM, has become the second player in the port system of the city after Contecon. Last year, this terminal moved 6,853,577.63 tons of cargo, something that brought it closer to Contecon, which moved 8,517,310 tons, according to figures from the Under secretariat of Ports. In the area of the Santa Ana estuary, TPG has deployed cranes and docks that allow it to simultaneously receive vessels of up to 305.9 meters in length and a capacity of between 4,000 and 6,000 Teus (20-foot container unit). SAAM Puertos has other investments underway to adapt to the new scenario of having a deeper access channel following dredging, which will also benefit private terminals.

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Asprocan Complains that Guatemala has Exported More Bananas to the EU

19.7.2019
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In May, banana exports from Guatemala to the European Union exceeded the volume of the stabilization mechanism, according to a press release from the Association of Organizations of Producers of Bananas of the Canary Islands (Asprocan). However, according to the Association, the European Commission has decided not to apply the penalty provided by this mechanism in the midst of a price crisis for Community banana production. In its decision of July 12th, the European Commission recognizes that imports from Guatemala this year stood 3.4% below the average price of the EU, which, in turn, has already been 7.4 % lower than 2018, the year in which a new negative price record was broken, says Asprocan.

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How the Banana Disease Could Affect Guatemala’s Export Activity

19.7.2019
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The importance of the protection measures is due to the fact that banana exports up to last May ranked second among the products with the highest volume of export sales, with more than US $ 360 million of the 25 main exportable goods and in 2018 it represented 7% of the total exports. The actions consist of redoubling the alerts for products coming in from Colombia, as well as additional checks for passengers whose origin is Panama and a temporary suspension of the importation of all kind of plants. These are some of the most drastic measures that have been adopted, after a suspicious case was detected in plantations in the Guajira, Colombia last weekend which has activated the alerts.

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Colombia: Six Banana Farms in Quarantine Under Suspicious of TR4

19.7.2019
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President Iván Duque met on July 19 with Minister of Agriculture and representatives of the Colombian banana sector to assess the situation of a fungus affecting 150 hectares of this crop in the Guajira, in the northeast of the country. The Colombian health authorities have several hypotheses about the appearance of this fungus in crops. This does not affect the fruit or human consumption, but harms the earth because it prevents the process of photosynthesis and the damage can last up to 30 years.

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Colombia will Confirm the Presence of TR4 in August

19.7.2019
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In the opening days of August 2019, Colombia will have the results of the samples sent to the Netherlands to confirm if the outbreak in two banana farms in La Guajira came from the Tropical Race Fusarium 4 (Foc TR4). Due to the suspicion in the department of La Guajira, the Association of banana workers of Magdalena and La Guajira (Asbama) began a series of contingency plans with the help of national authorities, to contain an eventual outbreak of the fungus in more than 16,000 hectares of fruit grown in the area. The intention is to safeguard the health of the plantations in the north and the rest of the country.

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Hamburg Süd, Maersk Strengthen Portfolio

5.7.2019
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Hamburg Süd has strengthened its product portfolio on the Europe with new stand-alone service offered in collaboration with Maersk. The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in Hamburg Süd’s global network of liner services. In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019. According to a press release, the service will have maximum flexibility for tailor-made solutions, better port coverage and competitive transit times and high schedule reliability.

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Chiquita Launches Fitness Stickers to Boost Health and Wellness

5.7.2019
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Chiquita is 'bananas' about fitness this summer. Beginning today, more than 200 million Chiquita bananas will be sporting a collection of 10 fitness stickers with simple and quick exercise challenges to help promote a healthy diet and lifestyle. This new sticker series is a reminder that fitness can be fun and easy, and a Chiquita banana can serve as a complement to a healthy routine. For the whole month of July, the iconic Blue Stickers will contain various fitness graphics that encourage fans to complete a variety of fitness challenges, including completing 15 push-ups, a 1-minute plank, 10 minutes of mindfulness and more.

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Colombia: Banana Workers Handed Their Petitions to Augura

5.7.2019
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Through the National Union of Workers of the Agricultural Industry (Sintrainagro), banana workers presented the Banana Association of Colombia (Augura) the list of petitions addressed to employers in the region of Urabá, for the new Collective Bargaining Convention. "From Augura we are respectful and guarantee the right of association for banana workers. For more than 30 years we have backed the model of dialogue and agreement as a fundamental tool of labour peace that facilitates the normal development of our agro-industry, "said the President (E) of Augura, Emerson Aguirre Medina.

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Hapag-Lloyd Orders 13,000 Reefer Containers

5.7.2019
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German-based cargo container shipping line Hapag-Lloyd AG has placed a record order for 13,420 reefer containers, which are set for delivery in November 2019. A statement from the fifth biggest container shipping line in the world by market share said that production of 970 20-foot containers and 12,450 40-foot containers is already scheduled to commence as early as July. Delivery of the refrigerated containers, which have traditionally been white as opposed to Hapag-Lloyd’s orange standard containers, is set for November 2019 – or right in time for reefer season, as that is when harvest season begins in countries in the southern hemisphere.

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Ecuador: Ministry of Agriculture Activates Plan to Prevent TR4

5.7.2019
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After news that the Panama Disease fungus was detected in an organic banana farm in the region of La Guajira in Colombia was released during the week, Ecuador launched the contingency plan to prevent the entry of the fungus Fusarium Race 4 (TR4), which can affect plantain and banana plantations, to the Andean nation. The Ministry of Agriculture and Livestock (MAG) and the Agency for Regulation and Control of Phyto and Zoosanitary (Agrocalidad) activated protocols and preventive biosecurity measures in order to protect the phytosanitary status of the country.

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RD Bananas with Further Growth Potential

28.6.2019
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Banana has a potential for growth in the Dominican Republic according to the Study and Diagnosis of Agricultural Chains, presented by the National Competitiveness Council and the Inter-American Development Bank (IDB). However, although it competes in the organic market and is in high growth, it is not clear how it can compete and continue to grow against other producing countries such as Ecuador, Mexico or Peru. With a production of US $ 142 million, the banana is the fourth in value, sixth in growth and second in general exports (US$ 85 million). The fruit is in fifth place on the list, with 1950 producers nationwide and 51,000 jobs.

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China Still Top Buyer of PHL Bananas

28.6.2019
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China's fondness for Philippine bananas intensified as it doubled its orders for the tropical fruit and drove total shipments up by 80 percent to 1.445 million metric tons (MMT) as of end-April. The country's total exports in the January-to-April period expanded by 645,333.179 metric tons from last year's 800,598.136 MT, preliminary data from the Philippine Statistics Authority (PSA) showed. BusinessMirror's analysis of PSA data showed that the total value of exports rose by almost 80 percent to $655.019 million, from $364.933 million recorded in the same period last year.

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Chiapas Generates 30% of Mexico’s Banana Production

28.6.2019
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Chiapas generates 30% of the total national banana production and is followed by Tabasco, with 26.9% and Veracruz, with 9.3%. Mexico produces banana in 16 states from an area of more than 80,000 hectares according to figures from the Agri-Food and Fisheries Information Service (SIAP). It is estimated that each year at least 2, 229,519 tons are harvested, with a commercial value of more than 3,000 pesos per ton, which represents nearly 7,000 million pesos, reported the Ministry of Agriculture and Rural Development (Sader). These figures put Mexico in 12th place in the world for banana production, contributing 2.0% of the world supply in 2017, according to Sader.

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Chinese Banana Imports Surge to a Record High in May

28.6.2019
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Chinese consumers are buying more bananas from abroad than ever before as an increasingly health consciousness middle class helps propel the fruits popularity. Imports of bananas surged to a record 227,199 tonnes in May, according to China’s general administration of customs. That helped lift total shipments of fruits and nuts to 720,000 tonnes, an almost 8-fold increase from the same period last year. Restrained by limited farmland and a destructive banana fungus known as the Panama disease, China has been increasing its reliance on supplies from Southeast Asia and South America. Demand for bananas is being encouraged by rising incomes and the increasing popularity of diets in China, including for use in smoothies and as banana chips.

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Contecon and Andipuerto contributed more than US $ 11 MM to Ecuador

21.6.2019
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According to the Port Authority of Guayaquil (APG), the concession terminals of the port delivered to Ecuador US$ 11 million in the first five months of 2019. Specifically, the concessionary company of the bulk and multipurpose terminal (Andipuerto) paid US$ 254,020.77 for the fixed rentals and US$ 400,525.66 for variable compensations. While Contecon disbursed US$10.5 million (US$ 5,648,468.35 for the fixed fee and US$ 4,851,057.87 for variable income).

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Peru: Reefer Warehouse To Boost Export of Organic Bananas

21.6.2019
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A new reefer warehouse will boost the export activity of organic bananas produced by the 202 members of the Association of Organic Banana Producers Valle del Chira (Aprobovchira) of the province of Sullana, Piura region. The warehouse was obtained thanks to a business plan that was co-financed by the Ministry of Agriculture and Irrigation (Minagri), through the Compensation Program for Competitiveness (Agroideas).

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Costa Rica: MSC Katya is the Largest Ship Ever Berthed in Moin

21.6.2019
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On June 16th, the MSC Katya R. berthed at the Moin Container Terminal (TCM) and became the largest container ship that has ever docked in the ports of the Costa Rican Caribbean. The vessel measures 281 metres long and 32.2 metres wide and can transport up to 4,200 TEUs. Until now, the maximum capacity of the vessels that arrived at Moín was 3,800 TEUs. The MSC Katya R., coming from Ecuador and destined to Northern Europe, constitutes a new weekly direct service of the Mediterranean Shipping Company (MSC).

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ZIM Commissioned Advanced New ZIMonitor Refrigerated Containers

14.6.2019
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ZIM is expanding its ZIMonitor containers fleet in 2019 and adding advanced “Star Cool” containers manufactured by MCI, the company said in its release. The new MCI “Star Cool” containers have the refrigeration unit integrated directly into the container box. This design has several advantages, including lower weight and increased capacity, reduced heat leakage and improved overall energy efficiency, resulting in a significantly reduced carbon footprint.

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Spain: Eurobanan Canarias Group Reaches a Turnover of 460 M Euros

14.6.2019
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The Regional Group of Cooperativas Plataneras de Canarias, Coplaca, was born in 1970 in Santa Cruz de la Palma, bringing together 12 cooperatives that produce bananas. Currently, Coplaca is made up of 16 cooperatives and agrarian transformation societies, located in each and every one of the banana producing islands, with 22 fruit processing or packing warehouses. With the entry into force of the CMO of Banana in July 1993, Coplaca adapted its statutes and its organizational structure as an Organization of OPP Banana Growers.

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CMA CGM Amps Up Its Cyber Space Security

14.6.2019
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To safeguard its shipping lines and port infrastructure against cyber-attacks, French shipping major CMA CGM is keeping its cybersecurity robust by ensuring that the company’s vendors have protected systems. S Rajagopalan, Commercial Director, CMA CGM Agencies India, told media persons on Wednesday that when the shipping company is connecting with its vendors in the cyberspace, the vendors also must comply with strict security requirements. Third-party service providers in operational and logistics space do not have easy access to the company’s systems.

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Alliance between the Ministry of Labor and DP World Posorja

7.6.2019
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DP World Posorja, a company owned by the Government of Dubai, which builds and will operate the first Deep Water Port in Ecuador, established an alliance with the Ministry of Labor, whose main purpose will be to promote employment through the Socio Employment Network. With this agreement DP World Posorja will have an additional channel for the search and recruitment of personnel that will operate the Port. The new port of DP WORLD Posorja will place the country on par with the most advanced port growth in the region and the world.

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Australia: Banana Industry Should Look to Exports for Future

7.6.2019
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Increasing banana exports could be the key to shoring up the Australian banana industry into the future. It was one of the reoccurring ideas discussed at last week's Australian Banana Industry Congress at the Gold Coast where some 350 members of the banana supply chain, including 100 growers, came together. Hosted by the Australian Banana Growers Council (ABGC), the biennial event attracted people from Queensland, NSW, Western Australia, Adelaide and the Northern Territory. In his opening speech, Congress chair and Lakeland grower, Paul Inderbitzin, encouraged the industry to look to exports as the next step in furthering the industry.

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Japan 'Softens'Stance on PH Bananas Exports

7.6.2019
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Agriculture Secretary Emmanuel Piñol said the Japanese government "appeared" to have softened its stance on long standing issues on tariff and market access for Philippine bananas. Piñol flew to Japan and met with Japan's Minister of Agriculture, Forestry and Fisheries Takamori Yoshikawa (MAFF). During the meeting, Piñol asked Japanese officials to settle long-standing issues on banana tariffs as well as widen market access for Philippine agricultural products.

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Maersk to Build Its First Cold Store in St. Petersburg

7.6.2019
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The ground-breaking ceremony for the new warehouse took place in St. Petersburg, Russia in the presence of Maersk CEO Søren Skou, Fyffes CEO David McCann and representatives of regional and federal Russian administration. Constructed by the Russian industrial developer PNK Group, the facility will be located within the PNK Park Sofiyskaya KAD in St. Petersburg and has 23 700 square metres, with 35 docks able to serve daily throughput of up to 200 trucks. The maximum storage capacity will be over 50 000 tons and the fully Maersk-operated warehouse will employ over 200 employees.

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Hamburg Süd Christens Polar Ecuador in Antwerp

23.5.2019
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Hamburg Süd christened the containership Polar Ecuador in Antwerp on May 20. “Antwerp is a highly important port for Hamburg Süd, and the Belgian New Fruit Wharf is a very suitable place for the christening of a Polar-class vessel,” said Frank Smet, the shipping line’s chief commercial officer. “After all, with more than 1,000 reefer plugs, the Polar Ecuador transports a disproportionately large volume of refrigerated cargo for a container vessel of this size from Mexico and the Caribbean to Antwerp. This includes, for example, bananas, pineapples and melons, which are handled particularly efficiently and professionally by the fruit and reefer specialists here.”

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Globe Tracker Gets IoT Devices for Dole Food Containers

23.5.2019
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Globe Tracker announced it has deployed IoT devices installed on reefer containers to one of the world’s largest fresh fruit growing and distribution companies, Dole Food Company. The solution and platform will assist Dole in exploring technological advantages across the Internet of Things related to their reefer containers allowing for more consistent product quality, increased efficiencies and greater visibility across the Dole global supply chain. “We were pleased to be chosen by Dole to supply the advanced IoT technology on their reefers. There is a very compelling use case for the technology in the perishables market” says Don Miller, Sales Head for Globe Tracker.

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Ecuador: Banana Sales to the European Union Fall

23.5.2019
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Banana exports could end 2019 with minimal growth, in the first quarter they only increased 2.49%, in relation to the same period of 2018. From January to March, a volume of 95.2 million boxes of banana was sold, compared to 93.3 million last year. But sales had performed better in the first quarter of the last two years, with increases of 5.73% and 4.87% in 2017 and 2018, respectively. Fabricio Espinosa, president of the Association of Banana Exporters of Ecuador (AEBE), expects total sales this year to exceed at least 350 million boxes. He calculates a growth of 1.2%, if the trend continues. In 2018 the increase was 6%. "We have to wait until the end of the year, but we hope that the same fruit production as 2018 can be achieved," he says. That will also depend on the impact of the winter season on the coastal areas. But what most concerns exporters is the external scenario.

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Colombia: Research Center To Improve Banana Productivity

23.5.2019
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The Center for Banana Research, Cenibanano, affiliated to the Association of Banana Growers of Colombia, Augura has begun a process of reengineering with which it seeks to strengthen research and the transfer of knowledge to its members with the aim of improving the productivity of the sector by 20% over a period of 5 years. This centre provides technical and scientific advice to banana producers on 320 farms in Urabá and 480 producers in Magdalena, to help them to optimize their processes, improve agronomic practices and prevent pests and diseases. Emerson Aguirre, president (E) of Augura affirms that "the research projects developed by Cenibanano are oriented toward obtaining a cleaner fruit that improves the environmental and economic competitiveness of Colombian bananas in world markets.

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CMA CGM Launches the Reefer Pharma Division

23.5.2019
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The CMA CGM Group says it has launched its new Reefer Pharma division, dedicated to temperature-controlled shipping of pharmaceutical products and boasting advanced expertise. CMA CGM offers its customers an innovative temperature-controlled solution for shipping medicines that meets health and safety requirements: * Safety procedures: containers among the newest, guaranteeing the absence of external contamination; inspection of each container before it leaves the warehouse; sealed containers to deny access to those without authorisation; limited handling of containers during transportation

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Ecuador: Price of Banana Box For 2019 Set At $6.30

31.10.2018
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The Ministry of Agriculture and Livestock (MAG), through the Ministerial Agreement 135 of October 26, set the precio referencial or minimum price to be paid to growers for a box of bananas -only the fruit- of a 41.5 to 43-pound box of bananas at $6.30 for 2019. This year the box stood at $ 6.20. The agreement, signed by Minister Xavier Lazo, also establishes the minimum support prices for the other types of banana, as well as export values in port (FOB).

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