OOCL reports significant revenue decline amid steady box volumes
2023-07-06 00:00
COSCO-owned Orient Overseas Container Line (OOCL) reported total revenues of US$1.98 billion for the second quarter, translating to a huge year-on-year 62.6% decrease, while the company's revenues for the first six months of 2023 fell by 60.2% to US$4.15 billion.
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"European melon cultivation challenges make Brazilian supply a good, reliable alternative"
2023-07-06 00:00
“It sounds very surprising - year-round Brazilian melons - but our permanent partner Agricola Famosa has been growing melons throughout the year for some time," says Leon van den Hombergh of Frankort & Koning.
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Rachel Rosenkrantz is a sustainability-minded guitar-maker who is innovating with biomaterials. She trained as an industrial designer, but embarked on her career as a luthier; a maker of string instruments. Over the past several years she has integrated mycelium and other biomaterials in her
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It's not just bananas in this Icelandic greenhouse
2023-07-06 00:00
The banana-growing greenhouse at the Icelandic Horticultural College might be what the educational institution is most famous for, but there’s a lot more happening at the campus in Hveragerdi, about 40 kilometers southeast of Reykjavik. As the country is looking to be more self-sufficient
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"Low European yields could benefit Belgian pears"
2023-07-06 00:00
For the new season, the Belgian pear situation looks good so far. During the recent Interpera, preliminary estimates were announced, which predict the second-lowest pear harvest at the European level in recent years, even decades. In Belgium, however, slightly more pears are expected. "They'll
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Spanish strawberries mainly destined for domestic market, EU and UK
2023-07-06 00:00
The Spanish strawberry sector is robust, with production mainly destined for the domestic market, the EU and UK. Other berry production, especially blueberries, raspberries, and blackberries, has become an alternative in recent years to strawberry production as a value-added crop for Spanish
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Later end to Mexican grape season
2023-07-06 00:00
The Mexican grape season looks to be finishing much differently than it started. While both Mexico and Coachella, California are still harvesting, their seasons saw a difficult start thanks to a delayed harvest and the maturity of fruit due to cool temperatures and ample rains. “That pushed
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Lidl Portugal: Fruit and vegetables exports at 26,200 tonnes
2023-07-06 00:00
Switzerland: Lidl announces management changes
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French TV program attacks the HEV label
2023-07-06 00:00
Broadcast on July 3rd on TV channel France 5, the new edition of the program Sur le Front, presented by Hugo Clément, focuses on the HEV label. It is presented as a simple “greenwashing operation” that is “partly responsible for the drop in organic consumption.” A “false debate”,
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India aids Bangladesh to ameliorate green chili shortage
2023-07-06 00:00
The Bangladesh government approved importing 36,830 tons of green chili from India to address a shortage and curb the excessive price of the produce. The price of each kg of green chili exceeded Tk1,000 at local markets when the country was celebrating the festival of Eid-ul-Azha. After days of
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According to a new update from the World Meteorological Organization, there is a 90% probability of the El Niño event continuing during the second half of 2023. It is expected to be at least of moderate strength.
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Exceptionally late strawberry season, record low light levels
2023-07-06 00:00
The strawberry harvest got off to a late start in most regions of the UK, this was also the case in Hampshire which is normally one of the earliest producing areas.
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"The market demand for disposable USB temperature and humidity loggers continues to grow"
2023-07-06 00:00
It is the peak fruit season in the northern hemisphere. With the increase in the import and export volume of the fruit industry, the market demand for temperature loggers used in logistics has also rebounded.
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Potato prices in Ukraine decline daily
2023-07-06 00:00
According to the daily market monitoring of the EastFruit project, prices for new potatoes in Ukraine are declining this week. According to the local potato growers, the main reason for the price decline is the weather improvement and the resumption of harvesting in most regions of the country.
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ProHass decreases its Hass avocado export forecast for 2023
2023-07-06 00:00
The Hass Avocado Producers Association of Peru (ProHass), which in March had estimated the country would ship more than 630,000 tons of Hass avocado, has readjusted its Hass avocado production forecast for this campaign to 598,344 tons.
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Dutch tomato prices fare better in May
2023-07-06 00:00
In Europe, tomato prices dipped in May, but not by much, according to multi-year statistics. A European Commission-maintained tomato dashboard update confirms that. However, the price drop in the Netherlands was noticeably less severe than average.
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Murcia celebrates the Melon & Watermelon Innovation Days
2023-07-06 00:00
July kicks off with the celebration of the Melon & Watermelon Innovation Days. This is an event where the main Spanish and international seed houses with experimentation centers and farms in the Region of Murcia open their doors to professionals in the agricultural sector to show them their
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Iran delivered over 4,700 tons of greenhouse products to Russia
2023-07-06 00:00
Iran has exported over 4,736 tons of produce from the greenhouses in Tehran province to Russia over the past three months, according to Jabrail Baradari, the head of the agricultural department in the province.
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Zespri's RubyRed is the latest kiwifruit to hit overseas and domestic markets. Zespri chief executive Dan Mathieson stated that RubyRed has gone really well in the market because it’s such a “new, beautiful looking, vibrant, tasty fruit”.
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"Upheaval in the cultivation areas of fresh garlic in Germany due to drastic drop in prices"
2023-07-05 00:00
Contrary to some positive voices regarding the German garlic market, the situation for local growers does not seem to be improving. On the contrary, for the 31 producers of HWG Heide Wendland Gemüse GmbH & Co. KG, this could be the third year in a row in which they have to expect a drop in
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