Container lines going bananas to grab a bit more market share

© Adisa

Banana growers are turning to container lines for spot market shipping, helping to further erode market share from specialised reefer ships.

While the volume of bananas available to trade on the spot market is diminishing every year, with producers looking to minimise risk through fixed contracts, container lines are taking advantage of the limited port calls specialised reefers can make by providing additional routes to market.

“The container lines are learning, adjusting and accommodating the banana spot market by offering more destination ...