Reefer Trends
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03 September 2015More is more for Total Produce

The Irish multinational said that a stronger operational performance and recent acquisitions contributed to an 11% growth in H1 earnings per share.

03 September 2015EU grants Costa Rican bananas IG status

National Banana Corporation Corbana hopes the award will drive consumers to recognise the social and environmental efforts made by its banana industry.

03 September 2015Zespri puts lid on licence releases

The kiwifruit marketer says it has no plans to issue more licences for Gold production until it has a better understanding of the long-term market potential.

03 September 2015Chile ships more fruit to Asia

According to exporter association ASOEX, year-on-year volumes to Asian markets rose 7%, with shipments to China rising 52%.

03 September 2015Limoneira to acquire Sheldon Ranch leases

The California-based agribusiness is to acquire more lemon, orange and specialty citrus orchards in the San Joaquin Valley for US$15.1m.

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02 September 2015Citrus shippers warned of Ruble risk

South Africa’s Citrus Growers’ Association has issued a strong warning to fruit exporters to be aware of default risks by Russian importers.

02 September 2015Peru on target for US$2bn in fresh exports

Industry association AGAP says the 9% rise in value of fruit and vegetable exports in the first six months points to a record US$2bn being achieved this year.

02 September 2015Zespri launches new scholarships

The kiwifruit marketer has announced two new NZ$15K scholarships to encourage New Zealand’s top secondary students to pursue a career in the fast-growing industry.

02 September 2015CMA CGM benefits from low bunker costs

The world’s third largest container line posted a US$156m net profit for the second quarter of 2015, noting "strong and profitable growth" of 67% year on year.

02 September 2015Strong H1 for Spanish fresh exports

The growth in both volume and value remains dependent on EU countries, which absorbed 94% of shipments in the first six months of the year.

01 September 2015Brazil clears path for Latin American citrus

While Chilean citrus is approved for entry with immediate effect, the green light for Peruvian mandarins and tangelos is expected before the end of the year.

01 September 2015Eimskip recovery complete

Operating revenue and EBITDA in Q2 were the highest in a single quarter since the reefer owner/operator’s restructuring in 2009.

01 September 2015US consolidates Asian stonefruit position

In 2014, Taiwan was the third largest export market for U.S. peaches/nectarines and the fifth largest export market for its cherries.

01 September 2015CIMC profit soars to US$111m

China International Marine Containers, the world's largest container manufacturer, has posted a 120% H1 net profit increase on an 8.5% rise in revenue.

31 August 2015Erika hits Dom Rep bananas

Early indications are that approximately 35% of the banana plantations in the main production region have been damaged by the passage of the Tropical Storm.