El Niño Puts Colombia in a Disaster Situation

2024-01-26

Fire, drought, and landslides generate risks in different areas of this South American country. On Wednesday, Colombian President Gustavo Petro declared a "natural disaster situation" to mobilize resources and address the impacts caused by the El Niño phenomenon, which has triggered fires and drought in this South American country. "We have had over 500 fires, and there are 60 municipalities experiencing water stress.

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Banana producers consider payment unviable

2024-01-26

The Paraguayan Chamber of Bananas and Pineapples (Capabap) stated that how Argentina intends to settle the debt with producers through the bond for the Reconstruction of a Free Argentina (Bopreal) is not viable and that on Monday, January 29, they will have a meeting with local authorities to analyze another means of payment.

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Ecuador's President seeks U.S. European financial support amid the war on gangs

2024-01-26

President Daniel Noboa has launched a 60-day state of emergency, a nighttime curfew, and a military offensive against criminal groups he has designated as terrorists. Ecuador's President on January 22 said he is seeking financial support from the U.S. and Europe, as well as extending output from an oil block that was voted to be shut down, as he looks to free up funds to fight organized crime.

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Ecuador: Narcotics and weapons found in banana farm

2024-01-26

In addition to the 22 tons of drugs found on a banana farm in Vinces, in Los Ríos, there was also the discovery of an arsenal for military use, thousands of ammunitions. A banana farm was the hideout of the largest drug shipment found in Ecuador. The Armed Forces servants detailed it. At least 22 tons of drugs were seen at the site located in Vinces (Los Ríos province), a seizure considered historic.

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Colombia does not rule out filing a formal complaint over banana prices

2024-01-26

Colombia's Minister of Agriculture, Jhenifer Mojica, weighed in on how the government intends to address the problem Colombian banana growers face in the European Union. Recently, banana unions in the country said that a request from European supermarkets to pay a lower price for national bananas would generate widely negative impacts for the sector.

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Chile: Ditlef Reefer loads 2,500 pallets of fruit for the U.S.

2024-01-26

Reefer vessel Ditlev Reefer, operated by Cool Carrier, has been loading around 2,500 pallets of Chilean fruit at the Port of Valparaiso on what would be its second voyage from Chile to the U.S. for the 2023-2024 fruit season for the East Coast market. Once it departs from the T.P.S. Terminal in Valparaiso on January 27, the vessel will call at the Port of Caldera in the Atacama Region to complete the loading bound for Gloucester in New Jersey.

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Maersk names first vessel of its methanol-enabled fleet “Ane Maersk”

2024-01-26

The world’s first large methanol-enabled container vessel has been named "Ane Mærsk" at a ceremony in the shipyard of HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea. The vessel is named after Ane Mærsk McKinney Uggla, the Chair of the A.P. Moller Foundation and A.P. Moller Holding. Ane’s eldest granddaughter served as godmother and christened the vessel by breaking a champagne bottle over the bow.

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Bananas Exported from Ecuador – By Type of Vessel

2024-01-26

Sopisco News is the leading source of reliable premium news, no other newsletter covers the banana market like Sopisco News the information leader in the banana shipping and cool logistics industries. Complete information is available only to our subscribers. FOR SUBSCRIPTIONS AND ADVERTISEMENT PLEASE CONTACT admin@novamedia.ws or info@sopisconews.online

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Customer Advisory - Red Sea / Gulf of Aden - Changes to ME2 service

2024-01-22

The situation in and around the Red Sea / Gulf of Aden remains volatile. Our priority remains the safety of our seafarers, vessels, and your cargo. With this in mind, we are making changes to our ME2 service, as outlined below. These changes will have the benefit of offering you greater predictability and reliability for your supply chain in this challenging environment.

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Maersk and Hapag-Lloyd are Entering into an Operational Cooperation

2024-01-19

Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller-Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called "Gemini Cooperation", which will start in February 2025. "Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally, we will benefit from efficiency gains in our operations and joint efforts to further accelerate the decarbonisation of our industry," says Rolf Habben Jansen, CEO of Hapag-Lloyd.

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Market Overview – Week 03 / 2024

2024-01-19

Banana selling prices in St Petersburg according to brand, quality, volume, and packing were USD 24.55-25.70 per box CIF. Nearly 954.000 boxes were discharged in week 3, and around 1.73 million boxes are expected for week 4. The exchange rate was 1 USD=88.59 RUB. The yearly inflation was 7.4 %, according to official data. Prices in the Mediterranean were USD 16.00-18.00 per box CIF for the Ecuadorian bananas according to volume, region, packing and quality. They were considerably higher in Libya, around USD 20.00-21.00 per box CIF for the Ecuadorian fruit and around USD 18.00-19.00 per box CIF for Central American or Colombian bananas. Due to the large quantity of licenses issued by the government to traders in Algeria, the market was oversupplied, and importers incurred losses of USD 2.00-3.00 per box.

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Cool Carriers Chilean Grape Season for the USA in full Swing

2024-01-19

Cool Carriers' Ivar Reefer vessel kicked off the Cool Carriers' Chilean grape season on the U.S. West Coast on December 31. Departing from the Port of Coquimbo on January 3, the Ivar Reefer fruit arrived at the Port of Los Angeles this week, carrying more than 5,300 pallets of grapes and stone fruit. The Port is currently the only U.S. West Coast port receiving specialised refrigerated cargo ships that have palletised fruit from this South American agricultural hub.

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Meeting of E.U. Banana Producers

2024-01-19

A representation of European Banana and Plátano de Canarias, Martinique, Guadeloupe and Madeira recently met to analyse the economic crisis 2023. Producers from the three E.U. countries agreed that the leading causes of their situation are "the increase in production costs, up to 30% in many cases in just two years; climate change; the unequal E.U. regulations in social, environmental and food safety conditions, which increasingly favour the production of third countries, and the use of imported bananas as a distribution brand as opposed to the application of much higher margins to European production".

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D.R.: More than RD$60 Million for the Recovery of Pineapple and Banana Crops

2024-01-19

The Minister of Agriculture of the Dominican Republic, Limber Cruz, delivered approximately eight (8) million pesos to several members of the Association of Pineapple Producers of Cevicos, Sánchez Ramírez province, who suffered losses with the past rains in November. Pedro Suárez, from the Association of Pineapple Producers, thanked President Luis Abinader and Minister Limber Cruz for the quick support provided to the sector and said that they will immediately return to production to guarantee exports and local consumption.

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Philippines: Banana Exports Down as of September

2024-01-19

Philippine banana exports are estimated to have declined in 2023 partly due to pests and the spread of fruit-related disease, the United Nations' Food and Agriculture Organization (FAO) said. Based on the FAO's latest banana market review, the Philippines exported 2.20 million metric tons (M.T.) of bananas as of the first nine months last year, a decrease of 3.0 per cent from the 2.27 million M.T. delivered in 2022.

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