LAST WEEK'S TOP STORIES ON FTW ONLINE

Red alert over CBS fall-out Citrus black spot (CBS) remains high on the radar of the South African perishable industry which is closely monitoring the outcome of negotiations between South Africa and the European Union. SA, China and Portugal lead investment in Mozambique South Africa, China and Portugal were the countries who made the most new investments in Mozambique in 2013, according to figures from the country’s Investment Promotion Centre (CPI), reports Mozambique’s Macauhub. Survey reveals extent of delays facing Africa’s shippers Africa’s import and export shipment reliability is more likely to deteriorate before getting better, according to the latest study by Portoverview.com. After more than 2 000 incident updates since its launch in January 2013, Portoverview.com Africa’s editor Victor Shieh highlighted the main current challenges facing shippers to and from Africa at the Cool Logistics Conference in Cape Town last week. com. Maersk Line reveals profit formula The challenges facing the shipping industry were brought into sharp relief when Maersk Line SA MD Jonathan Horn unpacked the line’s 2013 results at a media briefing in Johannesburg. Logistics major receives value-add BEE procurement status Imperial Logistics has received its 2013 certification as a Level 3 B-BBEE company, with a value add preferential procurement status of 137.5%, the logistics company announced on Thursday. Chilean shipping company subject to price-fixing fine Chilean shipping firm Compania Sudamericana de Vapores (CSAV) has agreed to plead guilty to a pricefixing conspiracy and pay a US$8.9-million criminal fine to the United States (US) government, reports the global business press.