NOVA MEDIA PUBLISHING INC.

Organic Banana Market 2020-2024 | Health Benefits of Organic Banana to Boost Growth | Technavio

12.3.2020
ship

Technavio has announced its latest research report titled Global Organic Banana Market 2020-2024. LONDON--Technavio has been monitoring the organic banana market and it is poised to grow by USD 277.2 mn during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The health benefits of organic banana will offer immense growth opportunities, will challenge the growth of the market participants.

Read More »

Chiquita Announces New Updated Sustainability Report

10.3.2020
ship

Chiquita, the leading banana company, honors its global responsibility by continuing its sustainability practices that have led the industry for nearly three decades. Building on the foundation of the brand’s “Behind the Blue Sticker” approach, Chiquita is releasing its updated sustainability report, highlighting its efforts to maintain sustainability from farm to table. Chiquita’s commitment to promote sustainability is not new, making this report an update on previous efforts rather than a radical departure from previous reports.

Read More »

U.K. Startup Races to Save Bananas from Extinction; Scientists and Researchers working to edit genes of Fruit to Protect them Against Diseases

9.3.2020
ship

When it comes to tropical fruits, Norwich, U.K., probably isn't the first place that springs to mind. But here, in a drab research park at the edge of the East Anglian city, a team of banana experts led by a former Israeli naval commander is working feverishly to save the fruit from extinction. "Bananas are the fourth most-important food crop globally. It's the most consumed and produced food," says Gilad Gershon, chief executive of Tropic Biosciences.

Read More »

Hutchison BEST adds Reefer offer at Barcelona Port

3.3.2020
ship

Hutchison Ports' Barcelona Europe South Terminal (BEST) has announced that the local port authority has approved a whole range of value-added services to reefer containers in the terminal. Following approval, BEST’s customers have the option of pre-inspection services for refrigerated containers (PTIs) and container repair within the terminal’s facilities. The terminal now offers an integral and complete service for reefer containers, from connection and disconnection, monitoring, personalized attention to super reefers, to all kinds of additional services, such as PTI, cleaning, tuning, repair and maintenance.

Read More »

Impact Of The Coronavirus Outbreak On International Trade Involving China

5.3.2020
ship

Coronavirus With the novel coronavirus (2019-nCoV, the "") spreads globally at alarming speed some countries have responded to the crisis by taking measures such as restricting or denying importation from China and requiring additional risk assessment for vessels travelled to China. For instance, Jordan announced a halt to the Chinese animal and vegetable products and Indonesia will temporarily stop food and beverage imports from China. In the shipping sphere, we have seen massive cancellation of flights to or from China, and many world's top container lines including Maersk, Cosco, MSC and Hapag-Lloyda all reducing or suspending calls to China. All of this comes even when the WHO does not recommend any trade restrictions on Chinese goods based on the current information available.

Read More »

Employment Minister lauds Banana Producers Association for OSH measures

1.3.2020
ship

Mr Ignatius Baffour Awuah, the Minister of Employment and Labour Relations, has commended the Banana Producers Association of Ghana for introducing an Occupational Health and Safety (OSH) manual to safeguard workers on their farmlands. He made the commendation when he launched the OSH Initiative Manual in Accra, a statement from the Ministry to the Ghana News Agency said. According to the statement, the Minister said, the manual, which comes in three parts aimed at reducing occupational injury and accidents on farms to save lives and properties.

Read More »

Coronavirus Container Impact to Spread far Beyond Blank Sailings

25.2.2020
ship

As the container shipping industry entered 2020, all eyes were on the potential disruptive effects of IMO 2020 and the phasing-in of low-sulfur fuel. The concerns were plentiful, and questions abounded. Would the carriers be successful in passing on the additional costs? Would there be sufficient amounts of low-sulfur fuel available? Could the fuel quality be trusted? Would the rules even be enforced? Is scrubber installation more economically viable for carriers? Is liquefied natural gas (LNG)? But before the industry could even begin to answer any of these questions, a new virus emerged in China and in a scant few weeks, managed to take front and center stage in terms of disruption.

Read More »

China looks to Jump Start Post-Coronavirus Reefer Shipments

24.2.2020
ship

The ongoing impact of African swine fever caused Chinese pork production to fall 21 percent year over year in 2019, spurring demand for additional imports from the United States. Blanked sailings out of China expected to create considerable shortages of containers for export cargo in the United States [https://www.joc.com/maritime-news/trade-lanes/trans-pacific/us-exporters-warned-pending-shortages-empty-containers_20200218.html] and elsewhere, but US exporters of refrigerated (reefer) cargoes may be getting some supply chain relief from the Chinese government.

Read More »

The global smart reefer container market accounted for US$ 823.8 Mn in 2018 and is expected to grow at a CAGR of 8.5% over the forecast period 20192027, to account for US$ 1,665.4 Mn in 2027

14.2.2020
ship

Reportlinker.com announces the release of the report "Smart Reefer Container Market to 2027 - Global Analysis and Forecast by Offering ; Technology ; Reefer ; Industry Vertical" However, the high cost of smart reefer and inadequate cold chain logistics infrastructure in emerging economies may restrain the future growth of the smart reefer container market. Despite these limitations, the rising adoption of smart reefer containers in the F&B and pharmaceutical industries is anticipated to offer ample growth opportunities for the players operating in the smart reefer container market during the forecast period. Technological developments have undermined huge barriers in the international trade of cold chain products. The smart reefer solutions are overcoming the crucial challenges in the shipping of perishables over long distances.

Read More »

Dole Food Company: Tasty, Kid-Friendly Recipes At The Heart Of New Partnership Designed To Create Healthier Homes And Schools

11.2.2020
ship

CHARLOTTE, North Carolina, Feb. 11 -- Dole Food Company issued the following news release: - Dole Food Company and Action for Healthy Kids bring healthy and tasty ideas to cafeteria and dinner tables nationwide through interactive nutrition tool kit for schools and parents - Students give produce-based breakfast recipes a "thumbs up" during taste test and celebration at Stoney Creek Elementary School in Charlotte, N.C. An innovative new partnership is providing school nutrition staff, educators and parents with new recipes and resources to create and serve healthy breakfasts and lunches that kids will love, both at school and at home.

Read More »

Chiquita Launches New Business to Business Website for Customers

3.1.2020
ship

What would the world be without bananas? The yellow fruit can be used for a two-ingredient pancake or the base of nutty banana bread. Chiquita Brands International, one of the world’s leading banana companies, understands the popularity and demand, so what better way to provide more b-a-n-a-n-a-s news than with a new business-to-business website? “With this new website, we are aiming to ensure that the user experience is consistently improved and optimized to enable our customers to meet constantly changing consumer needs,” said Jamie Postell, Director of Sales North America.

Read More »

Government of Panama Will Increase Salary for Banana Growers

3.1.2020
ship

Banana workers in Changuinola, in the north-western area of Panama, suspended an indefinite strike after negotiating a 28% staggered wage adjustment. The demand was for an increase of 25%, but during the negotiation the workers agreed to receive an 8% increase from January 15th, 13% in 2021 and a further 7% by 2023 said Liberto Becker of the Industrial Workers Union of Independent Banana Producers (Sitrapbi). They also agreed that the company would not deduct from the workers payment for the days not worked, while the government committed to the delivery of school and Christmas bonds, and scholarships for the workers' children, he added.

Read More »

Ecuadorian Bananas Enjoy the Same Tariffs as Colombia and Costa Rica

3.1.2020
ship

From 2020 Ecuador will compete on equal terms with Colombia, Peru and Costa Rica, in the export of bananas to the European Union (EU). With the Commercial Agreement with that block, which has been in force since 2017, the tariff has been decreasing over the years. Thus, in 2017 it was 97 Euros per metric ton; in 2018, 90; in 2019, 83; and in this year, 75 Euros. According to Eduardo Ledesma, banana exporter the reduction will benefit the sector, since historically it has paid more than the fruit from other countries. Xavier Rosero, technical manager of the Ecuadorian Federation of Exporters (Fedexpor), said that this is the first year in which Ecuadorian bananas haven’t had to pay a higher tariff.

Read More »

Costa Rica Expects Results on Novel Banana TR4 Fungus

3.1.2020
ship

Costa Rica remains on alert for the high risk posed by Fusarium Raza 4 Tropical, a deadly fungus that threatens cavendish bananas and 80% of musaceae families, such as bananas or guineo. That's why national authorities await the results of a new strain that could be resistant to the disease. This is the case of the technique developed by Dr. Eli Khayat, scientific director of the company Rahan Meristem, who managed to activate a recessive gene of banana that is resistant to the disease, explained Jorge Sandoval research director of the Corporation National Banana (Corbana) to La Nación. This novel variety of cavendish banana scan is under study in the Philippines - a country suffering from the impact of the pathogen - and the results of the research will be completed in February 2020, Khayat said.

Read More »

Trade Tensions and Fuel Costs Challenge Reefer Trade

3.1.2020
ship

The latest figures from Dynamar's 2019 Reefer Analysis show that the international perishables trade reached a record 163 million tons in 2018 with 119 million tons carried by sea. Yet trade tensions continue to cause concern amongst shippers and carriers, both containerized and conventional, and the slowing output in key economies has led to an erratic end to the year in terms of trade flows. With demand for fresh produce remaining resolute, the focus is on the fleets, the fortunes and the futures of the conventional and containerized carriers.

Read More »

Major Cargo Terminal Is Now Open

13.12.2019
ship

The Port of Dover opened its Dover Cargo Terminal West after five years of building and preparation. It is the second main feature of the phased opening of the Dover Western Docks Revival. The overall £250 million project is expected to be completed at least by the middle of next year. The terminal’s first day saw goods from the Seatrade fresh produce reefer Lady Rosebay being processed. Port of Dover Cargo is the company involved in the day to day work there. General manager Nik Scott-Gray said: “This heralds an exciting new chapter for Port of Dover Cargo.

Read More »

Banana Market Trends in China

13.12.2019
ship

The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world’s fastest growing market for the consumptions of goods and services. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades.

Read More »

Vado Gateway Container Terminal Opened

13.12.2019
ship

The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900,000 TEUs of containerized cargo. APMT has a 50.1% share in the “Vado Gateway,” while Cosco Shipping Ports has a 40% share and Qingdao Port International has a 9.9% share. APMT said the project is part of the “New Silk Road.” Chinese firms have invested in more than a dozen European ports in recent years. Vado Gateway is the most important port infrastructure development in Italy over the last decades and the result of a 450-million-euro investment.

Read More »

Bananas from the Canary Islands Reach the Swiss Market

13.12.2019
ship

Representatives of ASPROCAN, together with the Canary Islands Economic Development Society PROEXCA, have made a visit to Switzerland this week, on the occasion of a three-week promotion in more than 250 establishments throughout the country belonging to one of the distribution chains in which Plátano de Canarias is currently marketed. The aim of this commercial mission is to ascertain the first impressions of the operators and ripeners of the Canarian fruit, as well as its acceptance in the Swiss market, coinciding with this promotional period.

Read More »

Extended Concession Includes Works in Seaport of Guayaquil

13.12.2019
ship

The reinforcement of the docks, the increase in the height of the cranes and dredging of the areas around the docks and manoeuvring areas will seek to provide facilities for greater draft vessels and with more cargoes that arrive at the seaport of Guayaquil. These works are the first investments offered by Contecon, a company that, on Friday 6th, signed a new addendum to its concession contract that now extends for 27 more years until 2046. The first contract in 2007 was awarded for 20 years. José Contreras, Contecon manager, said that after several months of negotiations, an agreement was reached to adapt the port to the new needs of the bigger ships that will arrive, after the Municipality of Guayaquil, through the private company, comply with the dredging of the access channels.

Read More »

Ecuador: Software Will Allow Cross Checking of Phytosanitary Data to Prevent TR4

13.12.2019
ship

The implementation of software called SaniBanano is one of the strategies that the Ministry of Agriculture and Livestock (MAG), together with the Agency for Regulation and Phytosanitary Control (Agrocality), proposes applying from 2020 to prevent the Fusarium pest breed 4 from arriving in Ecuador. About SaniBanano, Xavier Lazo, Minister of Agriculture and Livestock, explained that the platform will allow information on farm control to be cross checked against phytosanitary alerts for the disease, as well as other services for farmers.

Read More »

Panama: Canal Authority Calls to Save Water

13.12.2019
ship

"Water is a challenge to remain a reliable route for our customers," said Ilya de Marotta, vice president of Traffic Business for the Panama Canal. According to the Vice President of Traffic Business of the Panama Canal, within the Canal operation they are being creative and saving water, recycling the water in the locks without affecting shipping activities. "We have problems with water, it has not reached 83 feet, this is a challenge that we face this summer, so the State has to focus on raising awareness of saving water. We are doing an analysis to see an order of projects", she added.

Read More »

Ecuador: The EU, the Southern Cone and Russia Buy Fewer Bananas from Ecuador

13.12.2019
ship

From January to October 2019, Ecuadorian banana exports reached 293.82 million boxes, 1.51% higher than exported in 2018 in the same period. However, this increase is not as positive as it initially appears. If compared to other years, the rise is much smaller. In 2018 it was 5.73% and in 2017 3.42%. According to Acorbanec, this slow down stems from lower purchases by important markets such as the European Union, Southern Cone and Russia as well as climatic factors.

Read More »

Fruit Expo & World Fruit Industry Conference 2020 China Import & Export Fair Complex / July 16th-18th, 2020

6.12.2019
ship

Preview of Fruit Expo 2020 Supported by China Fruit Marketing Association (CFMA), Guangzhou-located foreign embassies and consulates, it is expected that Fruit Expo 2020 is going to be staged on a show floor of 30,000 sq.m, hosting 500+ exhibitors and 30,000 visitors. Hosted in Guangzhou, one of the biggest fruit trade hubs in Southeast Asia, Fruit Expo 2020 will be able to put its hands on the best industry resources for its attendees to share! The concurrent World Fruit Industry Conference 2020 will gather C-suite leaders from brand enterprises at home and aboard to explore New Market Opportunities for worldwide fruits exporting to China, and quality Chinese fruits exporting to the World!

Read More »

Crowley Adds 300 New Refrigerated Containers to its Fleet

15.11.2019
ship

Crowley Logistics has added 300 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season. The additional units, which are all 40-foot-long, high cubes built to Crowleys exacting standards, further demonstrates the company’s focus on offering customers the most reliable and efficient equipment in the market. These units have wireless asset monitoring technology, which will provide continuous monitoring as the reefers transit from origin to destination, both at sea and over land, to ensure the cold chain is maintained the entire time goods are moving.

Read More »

Hapag-Lloyd Doubles Operational Result in the First Nine Months

15.11.2019
ship

In the first nine months of 2019, Hapag-Lloyd's earnings before interest and taxes (EBIT) significantly increased to EUR 643 million (9M 2018: EUR 299 million). The group net result rose substantially to EUR 297 million (9M 2018: EUR 13 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) surpassed EUR 1.5 billion (9M 2018: EUR 812 million). The EBITDA increase of EUR 699 million includes a positive effect of approximately EUR 341 million caused by the new reporting standards IFRS 16. After the first nine months of the year, revenues rose to approximately EUR 9.5 billion (9M 2018: EUR 8.5 billion). The transport volume rose by 1.2 percent to 9,011 TTEU (9M 2018: 8,900 TTEU), and the average freight rate climbed by 4.2 percent to 1,075 USD/TEU (9M 2018: 1,032 USD/TEU).

Read More »

Ecuador: DP World Posorja, Three Months of Operations

15.11.2019
ship

The new Deepwater Port in Posorja, the result of a strategic partnership between the public and private sector, has three months of successful operation. During this period, there have been constant increases in productivity levels in every area. As an example, the gate to gate traffic originally planned at thirty minutes, is currently at 19 minutes. That is, trucks with import and export cargo make the whole journey to leave or receive cargo in that period of time. Likewise, the procedure of loading and unloading the ships has been impressive, thanks to the fact that on average, gantry cranes (the largest in South America), have achieved a productivity of 32.7 movements per hour to date; At the beginning of operations, the number of movements were above 19 per hour, as shown in the graph #1.

Read More »

Colombia: Experts from Latin America and the Caribbean Gathered

15.11.2019
ship

The event was called a Research Agenda Workshop for the exclusion, prevention and management of outbreaks of the Fusarium tropical race 4 (R4T) in the cultivation of musaceae from Latin America and the Caribbean (ALC). It was held in Bogotá and convened all the research centres of Latin America and the Caribbean, international centres, phytosanitary protection offices and the private sector. The workshop was organized by Fontagro, IDB Invest, the National Institute of Agricultural Research - INIAP and AGROSAVIA. For two days, the capital of the Colombian Republic was the scene of the regional technical workshop to identify the priorities of an integrated research agenda for the

Read More »

Ecuador: Minimum Set the Price of the Banana Box at US$ 6.40 for 2020

15.11.2019
ship

The Ministry of Agriculture and Livestock (MAG) set the minimum support price for the banana box at US$ 6.40 for the 2020 season. That equates to 10 cents more than the official value that has been in force this year, which is of US$ 6.30. The MAG also suggested four reference prices according to the week, which can be applied depending on the time of the year or according to the seasons in the international market (high and low). Prices range from US$ 5.30 to US$ 7.50. But these can be applied as long as there is a private agreement signed between producers and exporters and that the minimum support price is respected as an annual average.

Read More »

Statement of the Ecuadorian Banana Industry Regarding Fair Prices

12.11.2019
ship

It’s that time of the year again. When banana contracts are being negotiated between producing countries and consuming countries. The sector faces a lot of new challenges, the supermarkets demand a lot more out of the plantations... and want it for free. According to ReeferTrends Nov 08 publication, German retailer Aldi will increase their banana buying price for 2020. The Ecuadorian Banana Sector sees this as a positive action, but it’s not really an increase that reflects the reality of the business. IMO 2020 is the international mandatory regulation that would seek to reduce Sulphur of MGO or other fuel with Sulphur content of max 0.5% oxides emission from ships, by reducing current levels of Sulphur in the bunker IFO380 actually used from 3,50% to 0,5%, as from January 1, incremental cost be approx. USD 400-700 per cntr depending on the trade.

Read More »

Fusarium disease: Researchers Race to Save Bananas from Extinction

28.10.2019
ship

A global threat is facing the production of bananas following the outbreak of Fusarium disease (also known as Panama disease) and scientists are working on finding a gene that is resistant to the strain. Fusarium is spread by a fungus in contaminated soil called Fusarium oxysporum f. sp. cubense (Foc)¬ and infected plant materials. The disease is allegedly spread by farm machinery from abroad or transmitted by traveling farm workers or tourists.

Read More »

Will New ICT-Led Approach Eliminate Banana Wilt Disease

15.10.2019
ship

An ICT based solution is being billed as the solution to overcome Banana Xanthomonas Wilt, the banana disease locally known as "Kirabiranya" and thus double banana production, agricultural scientists have reassured. Banana Xanthomonas Wilt was reported in Rwanda in 2001 and it has since affected about 3,600 hectares. It destroys the harvest, damages extensively banana plantation and is very easily transmissible through insects, strays and contaminated farming tools. Scientists at the International Institute of Tropical Agriculture (IITA) and Rwanda Agricultural Board assure that the ICT led approach will ensure food safety, and improve livelihoods in Rwanda and in Africa.

Read More »

Asprocan Asks the EU to Support Plátano de Canarias

10.10.2019
ship

The president of Asprocan, Domingo Martín, said that the support of Community Institutions is "vital" to maintain the production of bananas in Europe, and because of that he urged for specific mechanisms to be adapted to the Outermost Regions (RUP) in order to compete with bananas from third countries. In the meeting between the political representatives of Spain, France, and Portugal they unanimously showed their "concern" about the effects generated after banana imports from third countries reached preferential agreements, and coincided with the proposal to establish the same standards in Phytosanitary and environmental requirements for all productions, both community and non-EU.

Read More »

Dole Fresh Vegetables Announces Precautionary Limited Recall Of Baby Spinach

10.10.2019
ship

Dole Fresh Vegetables, Inc. is voluntarily recalling a limited number of cases of baby spinach. The products being recalled are 6 oz Dole Baby Spinach bag, Lot code W20308A (UPC code 0-71430-00964-2), and 10 oz Dole Baby Spinach clamshell, Lot code W203010 (UPC code 0-71430-00016-8), both with Use-by dates of 08-05-2019, due to a possible health risk from Salmonella. Dole Fresh Vegetables is coordinating closely with regulatory officials. No illnesses have been reported in association with the Recall.

Read More »

Happy Birthday Miss Chiquita!

10.10.2019
ship

Miss Chiquita is celebrating her 75th birthday at New York Advertising Week, the world’s largest annual gathering of advertising, creative, entertainment, marketing, media and technology leaders! Since 1944, Miss Chiquita has been an iconic symbol of Chiquita’s bright yellow bananas, bringing smiles to fans’ faces across the globe. Now, the world’s foremost banana company is celebrating the “first lady of fruit’s” 75th anniversary by taking a look back at her many accomplishments throughout the years.

Read More »

Challenging Times for Refrigerated Cargo Exporters

10.10.2019
ship

A warning of a possible shortage of refrigerated containers was issue due to the imminent change in ship fuel that would lead to demolishing many old full reefer vessels, catalyzing the containerization process of many refrigerated cargo worldwide. It remains to see, however, the real size of ASF - African Swine Fever and its effects on demand for reefer containers which is growing by 7% in the accumulated 2019, more than double the growth rate of undermined international trade. According to Seabury Consulting, in Europe and Latin America alone, frozen meat shipments to China grew 26% and 27% respectively this year.

Read More »

The Ecuadorian Crisis

10.10.2019
ship

The government announced a package of economic measures, endorsed by the International Monetary Fund, to alleviate the economic difficulties that were already manifested in a fiscal deficit, a contraction of the economy and negative social indicators. On Tuesday 1, President Lenín Moreno announced, in national radio and television, the approval of Decree 883, which included the following economic measures:

Read More »

Israel: TR4 Affects Banana Farms

8.10.2019
ship

TR4, the fungus which led Colombia to declare a national emergency, presents a growing threat to Israel's banana crops. Israel's banana crop, which provides 4,000 people with a livelihood, is at risk due to Tropical Race 4 (TR4), a strain of the aggressive Fusarium oxysporum fungus which spreads Panama disease among the plants. Dr. Navot Galpaz, a subtropical crop researcher specializing in bananas, said: "It's very important to emphasize this. The fungus has killed 200 of Israel's 27,000 dunams of bananas, Galpaz added.

Read More »

With pest at doorstep, banana grower Tadeco faces biosecurity risk

8.10.2019
ship

THE Tagum Agricultural Development Co. Inc. (Tadeco), one of the country's largest banana exporters, has warned against a move by local government officials to dismantle crucial quarantine measures in its joint-venture plantation. It said such could hasten the spread of the dreaded fusarium wilt and will endanger the banana production and exports of the company. Tadeco Assistant Vice President for Human Resources Zeaus Vadil told the BusinessMirror that there are Fusarium wilt-infected banana farms just across the street of the firm's plantation within the Bureau of Correction's property (BuCor).

Read More »

"Betting on Agroecology is the Best Strategy for African Bananas in the Face of Dollar Banana Competition" (CIRAD)

4.10.2019
ship

Having long enjoyed a relative calm in the European market, the African banana will end up in 2020 facing a major challenge. That of facing exports from countries such as Ecuador, Costa Rica and Colombia will be more difficult. While this upcoming commercial change does not necessarily bode well for the African value chain, players can nevertheless play the sustainability card through agro-ecological practices to make their mark, said Denis Loeillet, Head of the Market Observatory at the Center for International Cooperation in Agronomic Research for Development (CIRAD). The latter comes back with the Ecofin Agency on the stakes of this strategy and on the commercial opportunities it offers to the African banana sector.

Read More »

Ecuadorian Government Promotes Works in Five Ports

27.9.2019
ship

The objective of the State is to convert the port terminals into a global development pole for which it allocates resources for $ 461 million. In the Ecuadorian ports of Esmeraldas, Manta, Guayaquil, Posorja and Puerto Bolívar, a series of works are carried out to increase competitiveness. The Ministry of Transportation and Public Works (MTOP) invests around $ 461 million in the terminals. The goal is to handle more than 2.2 million teus (standard 20-foot container) that the port system mobilized last year (2018). One of the most important projects is the deep dredging of the access channel to the Port of Guayaquil, in which $ 100 million is invested.

Read More »

Hurricane "Lorena" damaged 1,600 hectares in Colima and Jalisco

27.9.2019
ship

The passage of Hurricane "Lorena" damage 1,600 hectares, mainly banana, in Colima, the Secretariat of Agriculture and Rural Development (Sader) indicated that more than 600 thousand hectares are insured in that entity and Jalisco. La Sader detailed, that in a preliminary report, there have been affected by the weather phenomenon in the municipality of Manzanillo, Colima, and in the marabasco area, bordering the state of Jalisco, impacting banana and papaya plantations. He pointed out that in Jalisco there are reports of effects in basic crops (corn, wheat and beans) and fruit trees, in the municipalities of Cihuatlán, La Huerta (Chamela) and Tomatlán (Punta Perula), damages that are about to be quantified as soon as there are conditions of access in the area.

Read More »

Dole Celebrates World Maritime Day Highlighting the Importance of Gender Equality and Sustainability

27.9.2019
ship

Dole Food Company joins The International Maritime Organization in celebrating the World Maritime Day every year on the 26th of September. The theme this year is Empowering Women in the Maritime Industry, which aims to improve awareness on gender equality, coinciding with the United Nations' Sustainable Development Goal. Historically, seafaring and vessel management has not been a preferred occupation by women. However, at Dole fifty percent of the company's vessel management team are women as well as three female officers aboard its vessels.

Read More »

B2 – Bluetooth, temperature, humidity!

26.9.2019
ship

Cydiance just released the new temperature and humidity logger, with bluetooth and USB interface, named B2. B2 has been displayed firstly in Asia Fruit Logistica 2019 in Hongkong early this September in the Cydiance booth. Cydiance B2 inherets the family design of the USB series, but with built in humidity sensor. A special package allows moisture contact with the sensor, but still keeps rest of the component sealed in bag. B2 has a capacity of total 28,800 data readings, with 14,400 readings from each parameter, temperature and humidity.

Read More »

McQuilling and IFCHOR form Latin American JV

26.9.2019
ship

New York/Lausanne – 26 September 2019 - Leading independent shipbrokers McQuilling Partners, Inc. and IFCHOR are pleased to announce the formation of McQ-IFCHOR SA, a joint venture focused on the Latin American dry bulk chartering and advisory services. McQ-IFCHOR SA will be led by Jean Magot from McQuilling's Lima, Peru office. While the venture is in the process of hiring experienced personnel, further experienced staff has been assigned to the venture from McQuilling and IFCHOR Seattle, New York and Lausanne offices.

Read More »

Valenciaport, the Best Option in the Mediterranean for Refrigerated Products

20.9.2019
ship

Aurelio Martínez: “Thanks to its high connectivity, Valenciaport is the best option in the Mediterranean for each refrigerated product delivery line». The MSC shipping company has announced the creation of a new railway line dedicated to “reefer” traffic (refrigerated containers) that will link Valencia with Zaragoza - September 18, 2019 The president of Autoridad Portuaria de Valencia (APV - Valenciaport, Port Authority of Valencia), Aurelio Martínez, has defended Valenciaport as the “best option in the Mediterranean for the transport of perishable products. All indicators - said Aurelio Martínez - show that Valenciaport has excellent connectivity with the five continents; therefore, it is the best option in the Mediterranean for each refrigerated product delivery line”.

Read More »

Trade Uncertainty Impacting US Reefer Shippers

20.9.2019
ship

Over the past year and a half, the United States and China have engaged in a trade war that has unleashed volley after volley of reciprocal import tariffs from the world’s two largest economies, driving up duties on a wide range of items, including agricultural goods. For established US importers and exporters of perishable foods and other refrigerated (reefer) cargoes, fluctuations in trade policy between the US and foreign buyers and sellers have long necessitated a diversified and nimble supply chain strategy. Nevertheless, the current trade war is creating unique challenges, according to a senior supply chain executive from a major US-based food company.

Read More »

Contract Awarded for Second Phase of Liverpool2 Expansion

20.9.2019
ship

McLaughlin & Harvey has been awarded the contract to deliver the next phase of development at the Liverpool2 deep-water container terminal. The multi-million project will significantly increase the footprint of the site and see the addition of ten cantilever rail-mounted gantry cranes (CRMGs) and three ship-to-shore (STS) cranes. The STS cranes are scheduled to arrive in November 2019 with the overall project scheduled for completion in 2021. Design and preparatory civil works have already begun. There will be additional reefer points installed to allow the terminal to handle greater quantities of refrigerated containers at the Port of Liverpool.

Read More »

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

11.9.2019
ship

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.

Read More »

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

30.8.2019
ship

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

Read More »

Colombia: Additional ICA Measures to Protect Plantain and Banana Plantations

30.8.2019
ship

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.

Read More »

Our Sponsors

    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
    • banner
stars
stars
stars
stars
stars
stars
stars
stars
stars
stars
stars
stars
stars
stars

Follow us on

  • social
  • social
  • social
  • social
  • social
  • social

Subscriber Area



 
 

View our Demo now!

https://issuu.com/sopisconews/docs/demo