Rise in shipping costs change destination of exported Guatemalan sugar.

The high cost of transportation from Guatemala to markets in Asia, Australia and Africa has displaced national sugar exporters, who increased their exports to the EU and the Caribbean.

Monday, August 18, 2008

Sales to the Far East and Australia dropped from 30% for the period from November 2007 to July 2007, to 13.2% for the current harvest.
According to information from the Sugar Association of Guatemala (Asazgua), there is a similar trend in sugar sales to the Middle East, North Africa, Western Europe and the Indian subcontinent.

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Increase in Maersk Shipping Rates

May 2014

Starting from May 15, rates will be raised on goods transported to the Far East, the Middle East, the Indian subcontinent and the East Coast of South America.

Beginning May 15, the Danish shipping company Maersk Line said its rates for the Far East (excluding Japan), the Middle East and the Sub Indian continent will see an overall increase of $500 per 20-foot container and $1,000 per container measuring 40 feet, 40 feet HC, and 45 feet of dry cargo.

Shipping Rates Up 10%

January 2013

The rise in logistics costs has a higher impact on businesses who export fresh produce.

On 1 January an increase came into effect of approximately 10% in the cost of shipping a container with cold storage leaving from Costa Rica.

According to an article in Nacion.com, companies that will be affected by the increase of approximately 10% are those who export fresh produce such as fruits and vegetables.

Guatemala: Worries about high maritime tariffs

January 2009

Maritime shipping rates for cargo have no gone down despite the reduction in the price of oil on the international market, according to importers and exporters.

According to prensalibre.com, "Jean Paul Brichaux, executive director of the Council of International Transport Users of Guatemala (Cutrigua), explained that the shipping agencies increased their rates between May and August to up to $700.

Higher fuel pushes up maritime fleet costs

June 2008

The accelerating rise of fuel prices has passed through to increase the cost of operating maritime fleets.

Just this year the cost of cargo transport to Europe by sea has gone up by 50 percent.
Since January 2007, the cost of a loaded container destined for the United States has moved up from 33 dollars per ton to 83 dollars, said Antonio Echeverría, president of Costa Rica's National Poultry Chamber.

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