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Shipping Markets Eye Freight Trade Boost From El Nino Threat

JUNE 6, 2014






BY REUTERS









A potential El Nino weather phenomenon, which could wreak havoc on global crops, is set to disrupt shipping patterns and raise freight costs, leaving suppliers and importers to cover their food needs from longer-haul destinations.







El Nino, a warming of sea-surface temperatures in the Pacific, can trigger floods and drought in different regions, hitting production of key foods such as rice, wheat and sugar. 




Weather forecasters are increasingly predicting it will return in 2014 for the first time in five years.




During previous El Nino patterns, the main sea freight index at London’s Baltic Exchange has risen significantly. 




In February 2009 when El Nino appeared, the BDI was at 1,099 and it reached 2,998 in March 2010 before the phenomenon abated. 





From March 2006 to February 2007, it went from 2,708 to 4,765.







Image Credits: sfgate.com











“Disruptions are always very favourable to the freight market/BDI,” said Khalid Hashim, managing director of Precious Shipping, one of T…

PAKISTANI DELEGATION VISITS BRAZIL MANGO PLANTATIONS

REVISED AGENDA: IPO Global Pineapple Conference (Hawaii) has been reformatted

The International Pineapple (IPO) Global Pineapple Conference (Hawaii) scheduled for Wednesday, June 18th, 2014 has been reformatted from a one day event to a multi Island visit.






Due to Hawaii's unique geography and the multiple operations that are located at different Islands, The IPO has taken a decision to cover as much ground as physically possible.






New Agenda:




Sunday, June 15th, 2014:


Arrive Honolulu.



Monday, June 16th, 2014:


Morning:Travel to Kona, (Island of Hawaii)



Meeting with Hawaii Tropical Fruit Growers (HTFG)

Kona, Hawaii








Tuesday June 17th, 2014;


Early morning flight to Maui:



Visit to Maui Gold Pineapple Plantation


Lunch on Maui.



Evening in Maui. 




Wednesday June 18th, 2014:


Travel to Oahu...





FORMAT CHANGE:


The day-long Conference has been reformatted to a 2 hour Lunch with Dr. Duane Bartholomew and Dr. Robert Paull. 12pm-2pm (Hilton Hawaiian Village)












Thursday June 19th, 2014:


Visit to DOLE Pineapple Plantation






Friday June 20th, 2014:



Visit to Frankie's Nursery (Home of the World's…

CLINTON SAYS SHE URGED END TO CUBA EMBARGO

By MATTHEW LEE— Jun. 5, 2014 11:05 PM EDT













PARIS (AP) — In her new book, former Secretary of State Hillary Rodham Clinton says she pushed President Barack Obama to lift or ease the decades-long U.S. embargo on Cuba because it was no longer useful to American interests or promoting change on the communist island.






In excerpts of the book "Hard Choices" obtained by The Associated Press ahead of its release next week, Clinton writes that the embargo has given communist leaders Fidel and Raul Castro an excuse not to enact democratic reforms. And she says opposition from some in Congress to normalizing relations — "to keep Cuba in a deep freeze" — has hurt both the United States and the Cuban people. 





She says the 2009 arrest by Cuba of USAID contractor Alan Gross and Havana's refusal to release him on humanitarian grounds is a "tragedy" for improving ties.






"Since 1960, the United States had maintained an embargo against the island in hopes of squeezing Cas…

Pentagon wrestles with bogus climate warnings as funds shifted to green agenda

The aircraft carrier USS Carl Vinson (CVN 70) is enveloped in fog Feb. 11, 2014, as it sits in its berth in San Diego. (DoD photo by Glenn Fawcett/Released)













By Rowan Scarborough

-

The Washington Times

Sunday, June 1, 2014











Ten years ago, the Pentagon paid for a climate study that put forth many scary scenarios.







Consultants told the military that, by now, California would be flooded by inland seas, The Hague would be unlivable, polar ice would be mostly gone in summer, and global temperatures would rise at an accelerated rate as high as 0.5 degrees a year.






PHOTOS: Take that, China — check out the U.S. Navy's nuclear submarines







None of that has happened.





Yet the 2003 report, “An Abrupt Climate Change Scenario and Its Implications for United States National Security,” is credited with kick-starting the movement that, to this day and perhaps with more vigor than ever, links climate change to national security.





The report also became gospel to climate change doomsayers, who predicted pervasive an…