AD Ports Group, a large global facilitator of logistics, industry, and trade, announces that Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón in Spain for a total purchase consideration (Enterprise Value - EV) of EUR 10
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In the first year since the Albanese Labor Government brought the Australia-India free trade agreement into force, trade with one of the world's fastest growing economies has surged.
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Potato prices up again in Bangladesh
2024-01-03 00:00
In recent weeks, potato prices across Bangladesh have seen a significant increase. This surge comes after a brief period of reduced costs, leaving consumers grappling with the sudden price hike. The primary reason behind this upward trend is the crop damage caused by heavy rains due to Cyclone
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Can broken food supply chains be fixed?
2024-01-03 00:00
A report launched today at the 2024 Oxford Farming Conference (OFC) firmly states that the practice of farmers subsidising consumers’ appetite for cheap food cannot continue. After years of ‘permacrisis’ fuelled by Brexit, the Ukrainian conflict, the Covid-19 pandemic and inflation running
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Amidst severe crop shortages in Britain, Labour promises farm protection from flooding
2024-01-03 00:00
As heavy rainfall puts Britain’s produce at risk, Labour has pledged to protect farms from flooding. Yields have collapsed, leaving consumers across the country facing acute shortages of potatoes, sprouts, carrots, parsnips, broccoli and cauliflower following the flooding in recent months.
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Table grape prices in Spain have skyrocketed by up to 230 percent
2024-01-03 00:00
The losses in table grape production in different parts of Europe were decisive in causing the price jump of this product in the markets. With the arrivals from Namibia and South Africa, the supply improved quite quickly and prices are expected to stabilize in the coming days.
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Dragon fruit orchards are lit up at night
2024-01-03 00:00
A video captured by Brad Stewart, showing a bizarre sight from a plane window during a Vietnam to Melbourne flight, has stirred curiosity on TikTok. The footage, viewed over 14 million times, displays numerous small, glowing orange and yellow squares in the night below. Initially perplexing
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South African pomegranate season kicking off this week
2024-01-03 00:00
The pomegranate picking season in South Africa will start this week. Sapex growers will start picking Angel Red in the North of South Africa. Only limited volumes of this cultivar will be available, and it will be the first time it will be exported by Sapex. We are keen to see how Angel Red will
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Currently, delays to global trade are caused by hundreds of ships diverting around Africa to avoid attacks in the Red Sea. These delays are set to inflict months of disruption and imminent price rises on supplies of household items and foodstuffs.
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"We estimate our season will end about a month earlier"
2024-01-03 00:00
The production of kiwis in Greece was lower this season and, as a consequence, Apostolos Tsinoglou, owner of the Greek fruit exporter Europe Export, decided to delay some of the orders to get better prices: “Over the past two months, our kiwi season has developed quite nicely. Prices have been
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Nationwide Produce PLC ranks 22nd in the FPJ Big 50
2024-01-03 00:00
Nationwide Produce PLC has secured the 22nd position in the prestigious FPJ Big 50 rankings, having risen five positions from last year.
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Scientists innovate organic gel, tripling the shelf life of fruits at room temperature
2024-01-03 00:00
Scientists from Novosibirsk State Technical University (NSTU) in Russia have developed a gel made of biopolymers that extends the shelf life of fruits at room temperature.
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Kenyan investor to make wine from Kisii bananas
2024-01-03 00:00
In Kisii, an investor has started a venture to create wine from the ubiquitous bananas. This has the potential to create jobs and opportunities for thousands of farmers growing and selling the crop. Vicky Green Farms Africa Limited has launched its pioneer Kisii indigenous banana wine. The
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Man buys entire fruit stock from elderly woman
2024-01-03 00:00
A heart-warming viral video from Ludhiana, Punjab, shows a man buying an elderly woman's entire fruit stock from her roadside stall. The woman, having worked there for three years, struggles daily to earn a modest income. Moved by her story, the man compassionately purchases all her fruits for
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AI: fresh order optimization software now includes local produce
2024-01-03 00:00
This week, a partnership between IDA, a fresh produce order optimization software that enables stores, central purchasing agencies, and wholesalers to "maximize margins and minimize losses" thanks to artificial intelligence, and Kheops, which enables them to "specialize their offer to their
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Port of Fortaleza anticipates twofold fruit export increase with new shipping routes
2024-01-03 00:00
The Port of Fortaleza, also known as the Mucuripe Port, has introduced four new fruit export routes for the 2023/2024 season (from September to February). These routes include services to London, Rotterdam, Le Havre (France), and Vigo (Spain).
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How Moldova’s apple industry fares in MY 2023/24: review and outlook
2024-01-03 00:00
A report, prepared by AgroExpert.md, provides an overview of the apple sector in Moldova for the MY 2023/24. It covers the aspects of production, export, processing, and consumption of apples in the country.
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Chile and the EU have updated the EU-Chile Association Agreement
2024-01-03 00:00
In December of 2023, Chile and the EU signed an agreement for the modernization of the Association Agreement currently existing between both parties, which entered into force in 2005. The EU has a strong deficit in its agri-food trade with Chile, as its exports to the Latin American country up
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What came first: the orange or the color orange
2024-01-03 00:00
The word "orange" was first used to describe the fruit before it became the name for the color. Documented in English around the late 14th century, the term originated from the fruit and was influenced by Old French, Anglo-Norman, Spanish, Portuguese, Sanskrit, Persian, and Arabic. Many European
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According to figures provided by the European Parliament, each inhabitant of the EU, whose population exceeds 448 million people, generated an average of nearly 190 kg of packaging waste in 2021. Packaging, necessary to reduce food waste, but at the same time, an undeniable source of waste, is
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