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Cool Cargoes October 2015

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COOL CARGOES 28 THE JOURNAL OF COMMERCE www.joc.com OCTOBER 2015 PORT MANATEE BEGINS COLD TREATMENT TEST PORT MANATEE IS joining Jacksonville and Tampa in a new round of tests to allow cold-treated fruit imports through the Florida ports. The U.S. Department of Agriculture performed a similar test in 2013 at Miami and Port Everglades. Cold treatment to kill fruit fl ies and other pests previously was only permit- ted for shipments arriving at ports above the 39th parallel, such as Philadelphia. This added three to fi ve days to the sup- ply chain for fruit shipments destined for Florida. Effective Oct. 1, Port Manatee can accept shipments of grapes, blueberries and citrus products from Peru and Uru- guay, as well as blueberries, apples and pears from Argentina. Cold treatment occurs while the fruit is aboard the vessel, where it's required to remain for two weeks before offl oad- ing. "This creates opportunities for Port Manatee," said Carlos Buqueras, the port's executive director. The port is looking to fi ll refrigerated warehouse space — existing and planned — while local berry producers stand to gain new foreign suppliers. Por t Manatee ranks as one of the top fi ve cold storage port facilities on the East Coast, with 207,000 square feet of refrigerated storage. Another 148,000 squa re feet of cold storage is under development and is scheduled to open in 2017. REEFER MARKET RALLIES, DREWRY SAYS THE GLOBAL REEFER market continues to post impressive gains, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast, growing 1.8 percent in 2014 to nearly 190 million tons. Every segment of the perishable reefer trade expanded except citrus, which has been declining signifi cantly in recent years, especially between the U.S. and Japan, one of the key bilateral trade lanes analyzed in the report. Meanwhile, the fi sh and seafood seg- ment performed especially well in 2014 with growth of more than 2 million tons. The report notes that containerized carriers are acquiring more reefer cargo market share at the expense of specialized carriers. Approximately three-quarters of reefer cargoes now move via contain- erized carriers, and by 2019 container ships are likely to carry over 23 million tons more of reefer cargo than they did in 2014, Drewry said. CIMC'S FIRST-HALF PROFIT SOARED 47 PERCENT CHINA INTERNATIONAL MARINE Con- tainers' profi t jumped 46.7 percent during the fi rst half of the year, driven by a posi- tive outlook for the shipping industry and global container trade. During the fi rst six months of 2015, CIMC's sales of standard dry containers totaled 736,100 20-foot-equivalent units, up 17.7 percent year-over-year, while sales of reefer containers reached 86,900 TEUs, an increase of 22.9 percent. CIMC said its forecast for the remain- der of the year calls for weaker demand because of slowing Chinese exports, rising capacity on container ships and declining overseas demand for containers. NC PORTS AUTHORITY TOUTS PERISHABLES GROWTH NORTH CAROLINA'S PORTS of Wilming- ton and Morehead City delivered their best-ever fi scal year, and offi cials hope BRIEFS BRIEFS

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