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Transpacific payback from rates spike greater for carriers offering more capacity
Ocean carriers Cosco and CMA CGM will see a larger return than their peers from the transpacific spot rate spike, due to their greater exposure to the trade, according to new Alphaliner analysis. Since mid-May, container spot rates from Asia to the US, as recorded by the Shanghai Containerized Freight Index (SCFI), have soared by […]
“Alone we are smart. Together we are brilliant.”
Thailand and Peru finalise details for citrus & grape imports
The governments of Thailand and Peru are finalising protocols to allow entry of Peruvian citrus and pomegranates into Thailand. Peru’s food exports have their main destination markets North America and the EU, but growth in the fruit and vegetable trade with Asia has been significant the last few years. Thailand is the destination for 2.5% […]
“Growth is never by mere chance; it is the result of forces working together.”
Orange boom a boon for Egypt
Egyptian oranges benefit from growing popularity of citrus following Covid-19, with exporters prepared for an increase in global demand Since the outbreak of Covid-19, the popularity of vitamin C-packed fruit like oranges and other citrus has soared, and big producing countries like Egypt are expected to continue to benefit from the increased demand. Egyptian exporter […]
“History teaches us many things. Most importantly, the things that made us who and what we are.”