Russians begin Panic-Buying Frenzy as Costs Explode

2022-03-18

A financial crash looms in Russia as sanctions lead to soaring prices, sending people into panic-buying mode. The cost of products from medicine to electronic devices has shot up because of the West's response to Vladimir Putin's invasion of Ukraine. Goods whose prices were capped and are reportedly not anymore are driving Russians to stock up in fear they will get even more expensive as the war continues. Drastic changes in imported goods are anticipated. According to the state statistics service, the average price for new cars made by foreign manufacturers was 16 per cent higher last week than in February.

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Algeria Releases New Banana Import Licenses

2022-02-18

On February 16th, new licenses for importing bananas were issued and released to importers in Algeria. Since October of 2021, no licenses have been given, and only small volumes of bananas were imported by container using the remaining licenses of 2020. Volumes, however, have been much lower than those which entered the Maghreb country when more permits were released until October of 2021. Following the path of the previous year, in 2022, no banana import permits were released in the first three months of the year.

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Colombia Continues in the Attempt to Contain and Prevent TR4

2022-02-18

At first, Unified Command Post - PMU of 2022, held in Santa Marta, were presented the progress of actions and the fulfilment of commitments and the activities being carried out to contain the dispersion of TR4 in the department of Magdalena. The protocols are based on the experience obtained managing the Fusarium in La Guajira. The conditions of current conditions of the disease in the entire country were also analyzed. The meeting was chaired by the Deputy Minister of Agricultural Affairs, Juan Gonzalo Botero Botero.

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CMA CGM Launches SMART Reefer Container

2022-02-18

The container offers traceability on the position and status of shippers’ refrigerated goods to ensure they travel in optimal conditions. Supply chain management is facilitated through an intuitive online interface that is updated in real time. The containers are equipped with Emerson technology allowing shippers to: • Monitor the status and conditions of your container in real time. • Receive key data such as location, temperature and gas variations. • Set up notifications to detect possible anomalies and quickly implement corrective measures.

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Costa Rica: TR4 Fungus to Be Taken to the ISS

2022-02-18

Costa Rica’s Second Space Mission Seeks Cure for The Panama Disease Race 4 -TR4- the plague that affects causes Banana Plantations Worldwide. The mission aims to take the fungus responsible for the Panama Disease to the International Space Station to generate information for a possible cure by studying the effects of microgravity in its in genic expressions. This mission is called MUSA Project and was developed by Costa Rican start-up Orbital Space Technologies.

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Colombians Ask the EU a Fair Price for Latin American Bananas

2022-01-21

Asbama, the Association of banana growers from Magdalena, La Guajira, and Cesar in Colombia, endorses and supports the call made by the Minister of Agriculture, Rodolfo Zea, within the framework of the Latin American Ministerial Summit of the banana producing countries. The minister had asked the European Union to recognize the cost of Latin American bananas' production given the efforts these countries make to comply with environmental certifications and quality seals.

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Panama Ports Pass 8m teu Milestone in 2021

2022-01-21

Panamanian ports have posted record growth and cargo volume in 2021, reaching 8.62m teu and an increase of 11.5% compared to 7.73m teu the year before. It was also the first time Panama passed the 8m teu Milestone. Various terminals registered double-digit growth, the highest, 47.5%, at Evergreen's Colon Container Terminal (CCT) with 1.05m teu, a growth not seen in many years. Between 2002 and 2007, the terminal had experienced similar annual growth rates, CCT President Stephen Shafer said.

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Peru Increases Disinfection of Containers for Banana Export

2022-01-21

This preventive measure is carried out in Peru at the disinfection stations installed in the town center of Jíbito, in Sullana, and at the entrance to the province of Paita; in compliance with international regulations, to prevent the spread of the Fusarium TR4 pest. SENASA's technical staff fumigates the outside of cargo vehicles, mainly the tires, to reduce the risk of the fungus being transferred. As is known, the mobilization of contaminated soil is considered an important means of dispersion of the pest, so disinfecting tires is an essential biosecurity measure.

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Greenhouse Banana Production Booms in Turkey's Mugla

2021-12-31

In the past decade, greenhouse banana production has become increasingly popular in Mugla, southwestern Turkey, due to low production costs, Daily Sabah has reported. Harvest time lately started in greenhouses on an area of approximately 120 hectares. This year, the banana growers of Mugla expected a total yield of 9,000 tonnes, the newspaper said. It reported: "In the Southern Aegean region, on the coastline where the Mediterranean climate is dominant, bananas are cultivated in greenhouses in locations with microclimate characteristics, especially in the districts of Seydikemer, Fethiye, Dalaman, and Milas.

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Chiquita Maintains Continuity in its Sustainable Agriculture Mission

2021-09-03

As the world continues to experience the effects of climate change, Chiquita is reaffirming its commitment to reducing its carbon footprint through sustainable agriculture practices. The brand has implemented various farm rejuvenation and reengineering practices through its “Farmers’ Code,” an arm of Chiquita’s “Behind the Blue Sticker” strategic vision that aims to improve efficiency, increase yield, and reduce yield Chiquita’s environmental impact while ensuring optimal Chiquita banana quality.

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Fyffes Posts €170m Loss Amid Asset Charges

2021-09-03

Fyffes swung into a record loss of almost €170 million last year. It was forced to take hefty impairment charges against its melon and mushroom businesses amid the Covid-19 pandemic and group restructuring. The Dublin-based - but Japanese-owned - company also disclosed in its latest annual report, filed with the Companies Registration Office recently, that its long-standing executive chairman David McCann and finance director Tom Murphy shared €7.46 million in exit payments they left the company last year.

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