Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Imports and Exports
Sea Freight

Maersk launches service tailored for Tanzanian cashew exports

15 Oct 2024 - by Staff reporter
 Source: Tanzania Invest
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Tanzania’s fast-growing cashew trade now has a dedicated ocean freight service for exporting nuts from the Port of Mtwara to markets in India, Vietnam and China.

From the end of October until February next year, the Maersk-introduced ‘Korosho Express’ will run bi-weekly services from the port in southern Tanzania to meet the growing demand for cashews from Tanzania.

The Danish line’s head of its East African market division, Babafemi Jay Aderounmu, said the new service was specifically tailored for cashew exports.

“By offering reliable, scheduled services during the peak cashew season, we're enabling more efficient trade flows and supporting the growth of this vital export commodity."

The Korosho Express service confirms Tanzania’s rise as a leading cashew grower in Africa.

The country has positioned itself as a key player in the global cashew trade but faces strong competition from West African countries like Côte d'Ivoire, the world’s top cashew producer.

Tanzania’s annual cashew production fluctuates between 250 000 and 300 000 metric tonnes, contributing significantly to the national economy.

Countries like Vietnam have become cashew processing hubs, adding value to raw nuts from African producers before re-exporting them globally.

Tanzania, therefore, must continue to improve its logistics and processing capabilities to remain competitive, hence the introduction of the Korosho Express.

The launch of the Maersk service aims to boost the export efficiency of cashews by providing direct shipping routes to Asia, a move expected to strengthen Tanzania's nut trade.

However, challenges such as weather conditions and global price volatility remain concerns for the industry. Tanzania’s ability to scale its production and processing domestically will be vital to staying ahead of global competitors.

The regions of Mtwara, Lindi, and Tunduru are the heart of production, contributing about 90% of the national output.

The country’s harvest comes when key global producers like Vietnam and India are off-season, giving Tanzania a competitive edge in terms of supply and pricing.

As a result, Tanzania exports large quantities of raw cashews, primarily to Vietnam and India.

In recent years, however, the country has faced challenges in expanding its local processing capabilities. Despite being a major producer, only about 10% of cashews are processed domestically, with the rest exported in raw form.

This has led to substantial value loss. Between 2008 and 2013, it is estimated that Tanzania lost approximately USD551 million by exporting unprocessed cashew nuts instead of adding value domestically. Efforts are now under way to revamp this situation, with initiatives focusing on improving processing capacity and developing cashew by-products.

Tanzania’s long-term cashew strategy includes goals to increase production to over 1.7 million metric tonnes annually, alongside improving processing capabilities and market diversification.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Freight futures react as Iran-Israel conflict spirals

Logistics

Before last Friday’s surprise attack, VLCC rates were stable at about $20 000 per day.

Yesterday
0 Comments

Trans-Kalahari Corridor congestion at record levels

Logistics
Road/Rail Freight

Previously, Botswana would allow consolidated cargo to be cleared as a single consignment.

Yesterday
0 Comments

Meat importers welcome partial lifting of poultry ban

Imports and Exports

But say the government must accelerate the reopening of other key poultry import markets in Europe.

Yesterday
0 Comments

Views differ about improved port performance

Logistics

Into June, the combined average for all terminals heralded a compliance rating of 80%.

Yesterday
0 Comments

Transport evolution: a driver of international economic growth

Infrastructure
Logistics
Technology
Trade/Investment

John Rammutla of WSP points out that even the best-laid plans can fail without funding.

Yesterday
0 Comments

MSC consortium in race against time to land MK Hutchison deal

Logistics
Trade/Investment

The acquisition will exclude operations in Hong Kong, although Hutchison’s HQ is located in the city state.

Yesterday
0 Comments

Gauteng pothole mobile app speeds up repairs

Road/Rail Freight
Technology

Road maintenance is gaining ground as the public embrace the application to report potholes.

Yesterday
0 Comments

DFFE installs new harbour signage in Western Cape

Infrastructure
Logistics

The initiative is part of a plan to revitalise infrastructure and boost coastal economic activity.

Yesterday
0 Comments

Tankers on fire after Iran-Israel signal-jamming collision

Sea Freight
18 Jun 2025
0 Comments

Box ship blaze ‘partially contained’ – more than a week later

Sea Freight

The fire erupted following an explosion in one of the containers on the vessel.

18 Jun 2025
0 Comments

Increased tech vigilance necessary to prevent on-board infernos

Sea Freight
Technology

According to DNV, the number of maritime safety incidents increased by 42% since 2018.

18 Jun 2025
0 Comments

India intensifies legal action over ship fire incidents

Sea Freight

The directive follows a complaint lodged by a local trading company over cargo losses.

18 Jun 2025
0 Comments
  • More

FeatureClick to view

Botswana 20 June 2025

Border Beat

Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Seafreight Export Controller (To Be based In-house)

Tiger Recruitment
East Rand
19 Jun
New

Key Account Manager

Lee Botti & Associates
Johannesburg
18 Jun

Pricing Specialist

CANEI
South Africa (Remote)
17 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us