Amid last year’s slump, lines mothballed more than 500 ships worldwide to pare capacity. They also began operating vessels at slower speeds, which cuts fuel usage and reduces the total amount of cargo each ship can haul per month.
Although organic food and drink overall are estimated to account for only around 2% of the value of the total grocery market, organic baby and toddler foods have achieved a leading 45% share of the total branded baby foods market, the survey says.
China would need 216 million tonnes of oil products in 2010, 286 million tonnes in 2015 and 336 million tonnes in 2020, when nearly 60% of its annual oil consumption would be met with imports.
New Zealand Trade and Enterprise (NZTE) and the Ministry of Foreign Affairs and Trade (MFAT) are holding a seminar to raise awareness of trade opportunities in South East Asia.
UK importers say have been struggling since almost the beginning of the year to keep customers supplied across all salad lines, as well as try and break even themselves.
Abu Dhabi's Tourism Development & Investment Company (TDIC) has launched the main tender for the construction of the Louvre Museum on its flagship development Saadiyat Island.
