New Zealand apple harvest was well under way with some growers already picking the earliest variety Sunrise and NZ Beauty starting this week, according to the Gisborne Herald.
Korea’s Samsung Heavy Industries is designing a 13,200-TEU ship that will exactly fit the expanded Panama, which would will tilt the scales to the advantage of US east and Gulf ports at the expense of the west coast, according to the Shipping Gazette citing the Maritime Professional journal.
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say, according to Gulf News.com citing a Reuters report.
In a first for a New Zealand wine brand, Brancott Estate has launched a new smartphone application which brings together the worlds of wine and entertainment in 14 unique experiences.
Focus on cost competitiveness by distributors has contributed to a rise in the share of bulk wine exports at the expense of bottled wine shipments, according to a new report from Rabobank's global Food & Agribusiness Research and Advisory department.
U.S. biotech firm Monsanto said in early Feb it does not plan to sell its genetically modified maize MON810 in France this year, nor after, even though the country's highest court overturned a 3-year ban in November, according to Reuters.
Germany's biggest, and the world's fourth largest container carrier Hapag-Lloyd, has announced it will impose a general rate increase (GRI) of USD$750 per TEU on its Far East westbound services starting from March 1, according to the Shipping Gazette.
Fruit and vegetables will become the new battleground for Australian supermarkets’ price war after Coles announced it will reduce the price of selected products by up to 50 per cent from today, the Sydney Morning Herald reported.
Jet fuel prices will top the list of challenges facing Qantas and Virgin Australia this year as their single biggest expense hovers well above $US120 a barrel, according to the Sydney Morning Herald.
Algerian firm Cevital, the biggest sugar refiner in North Africa, expects to more than double sugar exports this year to 1 million tonnes after fixing technical problems at its main transport hub, according to TradeArabia, citing a Reuters report.
The Michael Fay-backed Crafar Farms Purchase Group has vowed to continue to fight against the land from being sold offshore and says today's decision to approve the farm sale to Shanghai Pengxin Group "sets up open season for foreign buyers", the NZ Herald reported.
Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit, exhausting a solution that helped restore profitability in 2010, according to Bloomberg news
From its humble origins selling coathangers out of his Cambridge garage 30 years ago, his firm - Sistema - has grown to the point where it employs more than 300 staff and holds an 80 per cent share of New Zealand's food storage market, and 44 per cent of Australia's.
Southern exporters are being cautioned to plan ahead for shipping space with the likelihood major shipping lines will again not be offering unscheduled vessel visits to take pressure off peak season loads, according to Otago Daily Times.
