A.P. Moller - Maersk reports solid Q1 results
2023-05-04 00:00
A.P. Moller – Maersk reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes across all segments. Revenue declined by 26% to USD 14.2bn from USD 19.3bn. EBITDA decreased to USD 4.0bn from USD 9.1bn, and EBIT to USD 2.3bn
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Liner supply falls as operators reduce average sailing speed by 4%
2023-05-04 00:00
During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation is very different and in the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down 4% y/y, and could
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Which products accounted for the bulk of the value of Spanish fruit and vegetable imports?
2023-05-04 00:00
Spanish fruit and vegetable imports between January and February 2023 increased by 19% over the same period of last year totaling 638.5 million euro. Fruit and vegetable imports were led by potato and avocado imports, which had significant growth and totaled 91 million euro and 55 million euro,
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Russian authorities have discovered pests in nine tonnes of tomatoes imported from Turkmenistan
2023-05-04 00:00
Russian authorities have discovered the South American tomato moth in nine tonnes of tomatoes imported from Turkmenistan. This is not the first time Russian agricultural inspectors have found pests during inspections of Turkmenistan produce.
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"If politics does not intervene here, in a few years there will hardly be any products left that we can sell"
2023-05-04 00:00
Overproduction of strawberries is not to be expected at present, according to Jens Schadowske of Filbig GbR at the Nuremberg wholesale market. Demand is relatively good, he said. "However, it is not easy to market strawberries at the moment due to high producer costs."
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Georgian Mkisa expects first almond harvest this year
2023-05-04 00:00
The Georgian group of companies Mkisa expects the first harvest of almonds in its super-intensive orchards this year.
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Zucchiolo: a new greenhouse vegetable for the European market
2023-05-04 00:00
Beyond Seeds has recently presented Zucchiolo, a novel concept in the greenhouse horticultural segment that is bound to leave nobody in the European industry indifferent.
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More mango supply brings pricing back down
2023-05-04 00:00
Mango supplies, which have been fairly tight recently, are starting to see greater volumes come onto the market. “There’s plenty of yellow fruit out there right now and there’s plenty of reds starting to come in,” says Gary Clevenger of Freska Produce, noting these are Honey mangoes and
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The unseasonal rain in India did indeed damage some of the crops, but many of the cultivation areas haven’t been affected as much, says Manoj Barai, general manager for Indian fresh produce exporter MK Exports: “The current mango season looks very promising as this year's demand is very good
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“We are making good advances on speed, we have increased the speed by 30% in the last two months"
2023-05-04 00:00
Ripe Robotics was founded in 2019 with only 100,000 USD as start-up capital to create a robotic fruit picker. The major developments started in 2021, with a new robot called Eve, and the serious testing began.
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Imaging detection technology tested during extended potato season
2023-05-04 00:00
Ground-sensing technology TuberScan - developed by agri-tech business B-hive Innovations and partners - is entering its final phase of testing both overseas and now in the UK following the start of this year’s weather-delayed potato growing season.
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Slow start to strawberry season could lead to challenging market
2023-05-04 00:00
The strawberry harvest started at Blacketyside in Fife, Scotland in mid-April from the heated tunnels and the production was expected to move to the unheated tunnels shortly after (early to Mid May), but due unseasonably low temperatures berries from these tunnels will have to wait a bit longer.
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Climatic conditions in Côte d'Ivoire, considering the beginning of the long-awaited rainy season, are leading to a slowdown in coconut production, according to Delcambre Wawa, general manager of the exporting producer Wawa.
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CPMA 2023 convention and trade show by the numbers
2023-05-03 00:00
The 2023 Canadian Produce Marketing Association Convention and Trade Show (CPMA 2023) held last week in Toronto is CPMA’s biggest show in its history with more than 4,200 people attending the event.
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A Broccoli compound proves to be a powerful racehorse revitalizer
2023-05-03 00:00
Sulforaphane, a beneficial compound in broccoli, has antioxidant and anti-inflammatory capabilities; a fact that was already known. What is truly surprising is what Ingredalia has discovered: under a certain formulation, sulforaphane is able to reduce a horse's physical recovery time after a
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Fresh-cut segment: launch of a new mango peeler
2023-05-03 00:00
The innovation for 2023 is the new mango peeler mod. PL4M, which can process 24-28 fruits/minute. It is an improvement of the 6-head version (36-42 fruits/min) developed over 10 years ago. Plus, in addition to the PL4M and very popular PL6M models, there is also a larger model, i.e. the 8-head
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Dates and mangoes are affected by fungus
2023-05-03 00:00
About 30 to 40% of dates and mangoes have become victims of fungi, affecting production. Reports said that growers of the dates palm had submitted complaints of the mysterious diseases hitting their crops.
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'Gross profit and margin were strong'
2023-05-03 00:00
Fresh Del Monte Produce Inc. today reported financial results for the first quarter ended March 31, 2023.
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New kid on Europe's organic fruit importing block
2023-05-03 00:00
Seasoned overseas fruit import and sales representatives and former colleagues Roelant Komen, José Cubero, Erik Rustenburg, and Yesy Lalupú have started a new company: BeeFair Organic. Last week this new business, based in the Netherlands, obtained its organic and fair trade certification.
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Estonian berry distributor strikes deal with Latvian retailer to supply consumers directly
2023-05-03 00:00
The Estonian importer, hyper-focused distributor, and point of sales booth manager of fresh berries in retail stores nationwide, is heading to Latvia. This is a significant breakthrough for No Bananas in its Baltic berry revolution with the aim to have 400 selling points across the region.
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