DP WORLD IN ECUADOR JOINS THE LARGEST CORPORATE SUSTAINABILITY INITIATIVE ON THE PLANET

2022-07-16

On July 14th, 2022, in the city of Guayaquil, DP World in Ecuador signed its adhesion to the United Nations Global Compact - Ecuadorian Network, with the aim of continuing its active business contribution and to generate a more sustainable and inclusive economy, reflecting on the ten principles universally accepted by more than 13,000 companies and organizations in the world (330 Ecuadorian) belonging to the Pact in four thematic areas: human rights, labor, environment and anti-corruption.

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DR: Government to Provide More than RD$356 Million to Banana Producers

2022-07-15

The Dominican Government received from the European Union a credit of RD$356.2 million to be used to finance banana producers in the provinces of Azua, Montecristi, and Valverde. The transfer corresponds to the Banana Accompanying Measures program for the Dominican Republic" (BAM), to be executed by the Agricultural Bank in coordination with the Ministries of Economy, Planning and Development, and Agriculture.

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Algeria: Consumer Protection Calls for an Investigation on Banana Prices

2022-07-15

After stabilizing for months, banana prices are on the rise again, reaching new records under the shock of consumers. In contrast, its costs exceeded, on July 13, the wholesale markets 600 dinars (USD 4.08) and the retail markets 700 dinars, according to the Algerian Protection Organization of the consumer. The latter demanded an investigation into these prices because, according to them, the prices remain too high while they are experiencing stability on the world markets.

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Banana Fiber Fabric Enters the Textile Industry

2022-07-15

The Bananatex company has started to apply the banana fibre fabric in a textile project. The product is extracted from the tree's trunk, and its fibre is the strongest found in its natural state. Hannes Schönegger, CEO of the company, explained that in the Philippines, "there is a specific banana species for this, mainly for the paper and rope industry, but we discovered that no one was processing it into fine threads yet. This is what we needed."

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Russian Forwarders Establish Liner Services to China and India

2022-07-15

Russian forwarders have launched their liner services linking local cargo to China and India after most carriers boycotted the country since the invasion of Ukraine, reports Singapore's Splash 247. In response, the report states that Russia's Swift Line and Inteco Lines have set up shipping lines for container services between the Russian Far East and China.

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Fyffes Great Banana Bake Off Is Back!

2022-07-08

It's time to crown Ireland's best banana bakers and we've teamed up with celebrity chef Donal Skehan to launch this epic battle and the competition promises to be both fierce and fun. There are a number of categories with something to suit all tastes and abilities so get those baking caps on and make your county proud! Categories include Best Junior Bake (under 12s and 13-17s)r, Best Breakfast, Best Savoury, Best No Bake, Best Vegan, Best Gluten-Free, Best Dessert, Grand Prize Winner.

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Entities Sign Agreement to Promote Dominican Organic Banana

2022-06-17

The Trade Safe Project (TraSa), ISA University, and the Association of Banana Producers (ADOBANANO) signed an inter-institutional collaboration agreement to implement strategic actions and strengthen the value chain of organic bananas for export to the European Union.

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La Niña is Expected to Continue Through the End of the Year

2022-06-17

According to NOAA, during May, below-average sea surface temperatures (SSTs) continued across most of the central and eastern equatorial Pacific Ocean (Fig. 1). However, negative SST anomalies weakened during the past month, as reflected by the Niño indices, ranging from -0.6ºC to -0.9ºC during the past week.

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Japan Increases Banana Imports from Vietnam

2022-05-27

Japan imported more than 1,500 tonnes of bananas from Vietnam worth JPY166 million (US$1.3 million), a year-on-year rise of 38.5% in volume and 30.2% in value, reports Japan Customs. According to Soichi Okazaki, executive officer of AEON Co Ltd, Japan is importing bananas from several markets, including Ecuador, Mexico, Guatemala, Peru, and Costa Rica.

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Beijing Eyes More Capacity and Smarter Reefers for Growing Cool Chain

2022-05-27

China’s Ministry of Transport (MOT) wants the country’s ports to ramp up their reefer handling capacity to meet the growing demand for the import of refrigerated foods. The move follows shortcomings in the food supply chain being brought into sharp focus by the recent lockdowns. The ministry said ports must add at least 6,000 reefer plugs by the end-2023. Mainline operators are expected to have added 180,000 teu of reefer capacity.

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Maersk to Open 45,000 Square-Metre Cold Chain Facility in New Zealand

2022-05-27

A.P. Moller – Maersk (Maersk) is to open a new 45,000 square-metre cold chain facility in the Waikato District, New Zealand. Upon completion, the site will provide storage for 21,000 pallets of frozen and refrigerated products with more than 16,000 square metres of fully convertible temperature-controlled space. According to Maersk, integrating the state-of-the-art cold store with the depot and intermodal connections will provide better logistics solutions for import and export customers, catering to their increasing needs for more efficient, tech-enabled and temperature-controlled supply chains.

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Fresh Del Monte Enhances Shipping Solutions Amid Supply Chain Challenges

2022-05-13

Network Shipping, Fresh Del Monte's ocean logistics arm, is driving growth for Fresh Del Monte's third-party services by further enhancing its platform through a rebrand that optimizes cargo space on Fresh Del Monte's 13 owned vessels — offering tailored shipping solutions to a broader audience amid continuous supply chain pressures. The company's recent rebrand improves its service functions with digital technology that better supports human interactions, including a renovated and easy-to-use interface that efficiently streamlines customer bookings and trade-lane information.

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Philippine Banana Exports to Japan get P3 Million Fund for Promotion

2022-05-13

The Department of Agriculture (DA) is eyeing to boost banana exports to Japan, allotting P3 million for a marketing and public relations campaign of the Pilipino Banana Growers and Exporters Association (PBGEA). The said campaign aims to strengthen the Philippine banana industry’s market access and possible price increase in the international market. “The domestic banana industry is optimistic that the marketing campaign will enable producers to secure the support of Japanese consumers in our bid to adjust prices,” PBGEA executive director Stephen Antig said.

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Banana Exports from Costa Rica to the EU Drop

2022-05-13

The Foreign Trade Promoter (Procomer) reported that $7 million fewer bananas were exported to the Old Continent between January and March compared to the same period in 2021. The available figures for agricultural exports from Costa Rica during the first quarter of the year were affected by the armed conflict, with a drop of 1% compared to the same months of the previous year.

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Dominican Republic: Banana Exports in A Difficult Situation

2022-05-06

Dominican Today reports that the banana sector has been hit by rising costs and falling prices in international markets. According to the local press, the increase in freight, fertilizers, and supplies such as boxes is a high-cost factor. The report relays that the aggravating circumstance is that the destination markets refuse to assume these cost increases. The report notes that the Dominican Republic exports about 455 containers per week, more than 90% of organic bananas.

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