Reefer Trends
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02 December 2016Panama Presidency confirms Del Monte investment

The US multinational is to invest heavily to revitalize banana production on the Panamanian west coast via subsidiary Banapiña.

02 December 2016No change in Canada apple balance

Canada is anticipating an increase in domestic apple production in 2016/17 and a compensatory fall in the volume of imports.

01 December 2016Maersk confirms Hamburg Süd acquisition

The Danish carrier is to acquire German rival container shipping line and expects to finalize the transaction by end 2017, parent A.P. Moller-Maersk said this morning.

30 November 2016Reefer Trends at World Cold Chain Summit

Reefer Trends is attending the Carrier Corporation-sponsored 2016 'World Cold Chain Summit to Reduce Food Loss' in Singapore on 1-2 December. The daily news e-bulletin will be suspended for the duration. Normal service resumes on Monday 5 December.

30 November 2016Ecuador fixes MRP

The Minimum Reference Price paid to producers for a box of bananas in 2017 rises marginally on the figure established for 2016.

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29 November 2016Costa Rican bananas dodge bullet

Early anecdotal reports emerging from Costa Rica suggest that the direct damage caused to the banana industry by Hurricane Otto has been minimal.

29 November 2016Maersk tipped to move for Hamburg Sud

The Danish conglomerate's last full-scale container line acquisition was in 2005 when it bought carrier P&O Nedlloyd.

29 November 2016Makossa Banana development stagnates

Early success after the launch by the Cameroon Development Corporation in 2009 has slowed and annual export volumes remain well short of target.

29 November 2016Brexit forces banana price rise

British consumers are forced to swallow the increase in cost caused by the reduction in value of sterling against the US dollar as a result of the vote to leave the EU.

29 November 2016Dom Rep banana losses worsen

The Dominican Agribusiness Board estimates losses caused by persistent rainfall associated with Hurricane Otto could now top US$43m.

28 November 2016Oetker family discuss Hamburg Sud sale

The owner of one of the world's largest container operators is considering putting the business up for sale, as the industry battles a prolonged slump.

28 November 2016Maersk Line banks on China

The carrier is reportedly increasing its stock of reefer containers by a fifth to meet an expected surge in Chinese demand for imports of Brazilian beef.

28 November 2016TCVAL loads first US bound reefer ship

The MV Hellas Reefer is due to leave the Valparaiso terminal today bound for the US east coast with the first shipment of early grapes, stone fruit and blueberries.

28 November 2016Russia reports kiwifruit 'boom'

The ban on fresh imports from the European Union is reported to be fuelling a sharp rise in the production of kiwifruit in southern Russia.

28 November 2016Peru sees steep rise in mango exports to China

Year-to-date, shipments of mangoes and asparagus have risen 628% and 306% respectively and similar growth is expected on berries and citrus.