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US/Russia poultry dispute reported resolved on condition that existing US stock in coldstorage is sold elsewhere.
Stand-off between operators and charterers continues - only one vessel (Cloudy Bay) fixed so far this week. Who will be the first to blink?
Charter market quiet since weekend - stand-off between operators & charterers on rate ideas. Will G Music be this year's highest fixture?
This year's Banana Congress in Ecuador takes place on 19-21 April - http://www.aebe.ec/Desktop.aspx?Id=126 for more info.
Latest predictions are for an 'extreme' 2010 Atlantic hurricane season with 16-18 tropical storms, 5 of which will be major hurricanes.
Market quiet as charterers absorb dramatic increase in rates over past week and come to terms with steep rise in operators' expectations.
Russia/US poultry dispute resolution near - 'striking progress' made in talks and possible deal by end of this week...
Reports of a large unit fixed next week at US$7.50 per box for an Ecuador to Med banana voyage. More details in Friday report.
No news yet on Marketing Order extension for grapes but prospects reported to be bleak despite Wal-Mart & ILA intervention.
Ecuadorian banana production set to increase by mid to end week 13. Exit price still above official levels.
Latest forecast is for charter market to remain tight for further 2 weeks as Chile continues to absorb more tonnage.
Reefer market jumps on tight supply - more tonnage disappears into Chile as container ports remain compromised.
Windfrost fixes GWF on TC at 81c/cbft while Koala Bay fixes CSAV. Reefer market poised for the peak? Read report on Friday..
Surge in chartering activity from Chile brings Open List down to 6-8 units. Operators suddenly hopeful of a late, late peak...
US - Russia poultry spat closer to resolution but issues on transition period and the status of existing inventory remain outstanding.