24 September 2018Greenyard de-leverages
The divestment of its Horticulture segment will allow the Belgian multinational to meet the repayment of its €150m retail bond that matures next July.
24 September 2018SeaLand issues strike warning
The carrier says that the situation in Costa Rica is 'critical' and that trade in the country is being severely impacted.
24 September 2018Egypt builds fresh ties with Russia
The export values of Egyptian fruit and vegetables rose almost 30% year-on-year in the first half of 2018.
24 September 2018Dole targeted by drug smugglers
Two pallets of Dole-branded bananas donated to the Texas Department of Criminal Justice were found to contain US$18m in cocaine.
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.
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.