LAST WEEK'S TOP STORIES ON FTW ONLINE

Carrier spells out reasons for decrease in fruit exports through CT port According to the official statistics provided by the PPECB, containerised fruit exports shipped to Europe through the port of Cape Town were down by approximately 18% for the period November- December 2012, compared to the same period in 2011. New database exposes reality of high trade costs in developing countries A new database developed jointly by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the World Bank reveals that trade costs fall disproportionately on developing countries. Counterfeiting a big business and getting bigger Counterfeiting is big business and getting bigger - with a staggering 10 000% growth in the past two decades, according to a paper authored by Berning Robertson and James Lomberg and carried in the Van Velden Pike newsletter. SAA acting CEO suspended SA Airways (SAA) has placed its acting CEO, Vuyisile Kona, on precautionary suspension after just over four months in the saddle. Bad news on Eurozone economy Data released this week are expected to reveal that the Eurozone economy lurched deeper into recession during the final quarter of last year. Shipping lanes visible from space – Nasa Nasa has posted an image on its Global Climate Change Website that shows global shipping routes can be seen from space because of the nitrogen oxides (NO x) emitted by ships travelling along them. “Just how much shipping contributes to overall NO x emissions remains an open question for scientists,” reports the American Shipper.