October 2020

SA Table Grape Industry Releases First Crop Estimate For 2020/2021

28 October 2020 – South African Table Grape Industry (SATI) released its first Crop Estimate for the season which showed that the 2020/2021 season intake volumes were estimated at between 65 million and 69,8 million cartons (4.5 kg equivalent). SATI chairperson Fanie Naudé said that this signalled an expected return to normal industry volumes while

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Sea Freight Industry Heading For Most Profitable Year In A Decade

23 October 2020 – Following what it describes as “meteoric” third-quarter spot rate increases, maritime consultancy Drewry has upgraded its guidance for industry-wide operating profit in 2020 to $11 billion, in its latest Container Forecaster report. This is up from the $9.2bn forecast in the June edition and would represent the industry’s most profitable year

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