Reefer Trends
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21 September 2018Greenyard creditors re-set covenants

The Belgian multinational says it is taking decisive actions to remedy a number of exceptional circumstances that have led it to reduce its profit guidance.

21 September 2018Costa Rica struggling through strike

Reefer services are obliged to re-route via Panama or Guatemala, carriers continue to face week-long delays and there is a widespread shortage of reefer equipment.

21 September 2018Orsero Group makes strategic acquisition

Spanish subsidiary Hermanos Fernandez has signed a framework agreement for the purchase of the entire capital of banana distributor Sevimpor.

21 September 2018UK leads Peru orange imports

Peru shipped 8.2K MT of oranges this season at a value of US$3.3m, according to Agrodata statistics.

20 September 2018Banana trade reaches plateau

The year-on-year fall in banana shipments to the US offsets the rise in volumes imported by the EU in the first six months of 2018.

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20 September 2018Fresh exports drive US potato industry to record

The US$1.8bn in international potato sales recorded between July 2017 and June 2018 is the highest ever for the United States.

20 September 2018SA targets Russia for growth

South Africa has seen a steady export growth in pears, apples and table grapes to Russia, although the bulk is still citrus.

20 September 2018Kekhman fails in attempt to have debts annulled

The Russian Appeals Court has refused to write off the RUR20bn debts owed by the ex JFC CEO because of his attempts to conceal assets abroad.

20 September 2018Woolworths takes action on strawberry scare

The Australian retail giant has temporarily removed sewing needles from its shelves as the country faces a strawberry safety scare.

19 September 2018Capespan closes last Cape Town quayside coldstore

The seasonal income from the one remaining specialized reefer service to call at the port is not enough to cover spiraling costs.

19 September 2018Maersk confirms major re-organisation

The carrier is to integrate Damco Supply Chain Services into Maersk Line and consolidate its MCC Transport, Sealand and Seago Line carrier brands.

19 September 2018Cold hits Peruvian mango prospects

Industry association ProMango is forecasting a 13% reduction in export volumes year-on-year following adverse conditions during blossom.

19 September 2018Long winter hits stonefruit production

Global peach and nectarine volumes are forecast down 1.3m MT to 19.9m as adverse weather conditions affect output in top producers China and the EU.

18 September 2018Maersk to introduce new bunker cost model

The carrier says customers will have to pay separately for fuel from 2020, when prices are expected to surge because of the introduction of the sulphur cap.

18 September 2018Plateau reached for Ecuador banana exports

The devaluation of the Ruble and the Argentinean Peso, and the restrictions imposed by the US on Iran have had a negative impact on banana exports in 2018.