In the News

In the News
International air travel buoyant, air freight suffering - IATA
Thursday, 22 September 2011
The International Air Transport Association (IATA) has increased its global profit forecast for aviation for 2011 with much of the market share taken up by Asia-Pacific carriers while freight prospects appear uncertain this year and next, according to the Shipping Gazette.
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US poultry exports face China wall
Thursday, 22 September 2011
The US has filed a complaint with the World Trade Organisation in Geneva over Chinese duties on US poultry that are up to 105.4% and have led to a dramatic fall in US poultry exports, according to the Shipping Gazette, citing a Bloomberg report.
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IMF to Europe: "Get your act together"
Tuesday, 20 September 2011
Europe needs to "get its act together" and deal with its worsening sovereign debt crisis, according to the International Monetary Fund.
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NZ export outlook revised downward
Tuesday, 20 September 2011
Economists have revised their forecast for New Zealand’s export growth to reflect global economic uncertainty and expectations the NZ dollar will keep its strength, according to the NZ Institute of Economic Research (NZIER).
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More fairytale future for NZ sheepmeat producers?
Tuesday, 20 September 2011
New Zealand sheepmeat producers can expect to continue to enjoy high prices and favourable offshore market conditions in the year ahead, according to Voxy.co.nz.
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Maersk's brave new shipping offer for Asia-Europe service
Sunday, 18 September 2011
Daily Maersk, Maersk Line’s new service on the Asia-North Europe trade lane, is expected to dramatically change the way shipping is done – it offers a daily cut-off at the same time every day, seven days a week, and always with the exact same transportation time, according to Transport Weekly.
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Dairyland eyes capital for new dairy plant in Waikato
Sunday, 18 September 2011
Dairyland Products has been given resource consent for its proposed milk drying plant following the Waikato Regional Council's relatively speedy 15-day green light for the project south of the town, according to the Stuff.co.nz/Waikato Times.
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Move over sake, Invivo takes on Japan
Thursday, 15 September 2011
Homegrown winemaker Invivo Wines has built early success in its Japanese export market using strong in-store presence and its strategy of regular face-to-face meetings with consumers.
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In the News, Technology
NZ innovator CleanFlow Systems gains US suitor
Thursday, 15 September 2011
A high tech pipe profiling company that grew from Massey University’s ecentre has confirmed a multi-million dollar deal with a technology company in the United States.
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Nestlé still coffee kingpin, Kraft on the rise
Thursday, 15 September 2011
The report, cited Euromonitor International analyst Brian Morgan saying that Nestlé’s global value share within instant coffee was 51% in 2010. “Its dominance here is and will remain secure for some time to come,” he said.
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Kiwi exporters can't agree on how to sell apples to OZ
Wednesday, 14 September 2011
New Zealand apple growers and exporters are fighting each other over the best way to send fruit to Australia, according to the Australian Broadcasting Corp's rural news network.
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Maersk sees gold in Asia-Africa seafreight
Wednesday, 14 September 2011
A record surge in trade between Asia and Africa to as much as USD$1.5 trillion by 2020 is prompting companies including AP Moeller-Maersk A/S and Deutsche Post AG (DPW) to expand shipping links between the continents, according to Bloomberg.
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US senate to pursue bill stopping undervaluation of Chinese yuan
Wednesday, 14 September 2011
The US Senate will try to pass legislation in coming weeks aimed at forcing China to stop holding its currency below market value, according to Reuters.com.
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Compac Sorting wins US$15-mln job from Paramount Citrus
Sunday, 11 September 2011
Compac Sorting Equipment, an Auckland-based technology exporter, has successfully tendered for a $US15m contract to design and develop a hi-tech sorting and packing line for the world’s largest citrus company, according to FreshPlaza.com.
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LG Electronics to buy Sharp's LCDs?
Sunday, 11 September 2011
LG Electronics, the world’s second-largest maker of flat-screen television, is in advanced talks with Sharp over buying liquid crystal displays (LCDs) from its Japanese rival to use in its large-sized TVs, ccording to Te Korea Times citing industry sources.
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Arab world to tackle food security and African famine issues
Sunday, 11 September 2011
The UAE government has joined hands with the Arab Federation for Food Industries and AR Group to roll out an ambitious initiative to support food security in the Arab world and address the famine in the African Horn, according to Trade Arabia News Service.
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China's Aug trade surplus at US$17.8 bln, down from $31.5 bln in July
Sunday, 11 September 2011
China's trade surplus contracted sharply to USD$17.8 billion in August, down from $31.5 billion in July, as imports rose to a new record high, according to official data released yesterday, according to Gulf Daily News.
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NZ to update trademark legislation
Friday, 09 September 2011
New Zealand is making moves to update its legislation that will help cut compliance costs for businesses while cracking down on people who import and sell counterfeit goods. Commerce Minister Simon said the two bills, which make up the Trade Marks (International Treaties and Enforcement) Amendment Bill, are designed to cut compliance costs and make our trade marks system work better.
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Asia leads growth in flexible packaging market
Friday, 09 September 2011
The global consumer flexible packaging market is worth USD$58.3 billion in 2011 and is forecast to grow at a CAGR of 4.1% to reach $71.3 billion by 2016, according to the latest research from Pira International.
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Spain's Stora Enso's new waste recycling technology
Friday, 09 September 2011
Spanish company Stora Enso Mill has recently inaugurated a new beverage packaging recycling plant which processes used beverage carton from European countries.
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