Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • 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.

Port of East London docks car carriers at deepened berth

Logistics

The vessels are currently the largest pure car carriers in the world fleet.

29 Apr 2025
0 Comments

Ramaphosa pushes for diversification at Lesotho-SA BNC

Africa

Establishment of logistics hubs, agro-processing facilities and data centres to support the emerging digital industry is an opportunity.

29 Apr 2025
0 Comments

Return to Red Sea unlikely to affect airfreight volumes – Iata

Air Freight

The core demand from time-sensitive markets that airfreight serves is unlikely to change.

29 Apr 2025
0 Comments

Ciltsa conference spotlights change in logistics

Logistics

The event will focus on measuring and managing the impact of change on transport businesses.

29 Apr 2025
0 Comments

Gauteng MEC launches public transport women’s help desk.

Logistics

The desk will provide a support system for women working in the taxi services, e-hailing and bus operations sectors.

25 Apr 2025
0 Comments

Ramaphosa and Zelenskyy strengthen trade ties

Economy

Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.

25 Apr 2025
0 Comments

Regional growth on upward trajectory – World Bank

Economy

The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.

25 Apr 2025
0 Comments

Ports advance green corridor strategy

Logistics

Driving the deployment of sustainable fuels on the Rotterdam-Singapore Green and Digital Shipping Corridor.

25 Apr 2025
0 Comments

Ro-ro behemoth sets sail for Brazil on maiden voyage

Logistics
25 Apr 2025
0 Comments

Nersa backs LNG imports to secure SA gas supply

Logistics

Report supports the development of indigenous gas resources to reduce dependence.

25 Apr 2025
0 Comments

Tit-for-tat trade restrictions sour relations between AfCFTA states

Africa

For several years, South Africa has prohibited the importation of Tanzanian bananas.

25 Apr 2025
0 Comments

Namibia seeks to beneficiate energy discoveries

Africa

The country is focusing on developing downstream infrastructure to develop to full-scale production capacity.

25 Apr 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
Today 15:00
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

New

Inside Sales with Estimates Experience (Also suitable for an Estimator wanting to get into Internal Sales) CPT

Tiger Recruitment
Cape Town
07 May
New

Cost Estimator - Durban North

Lee Botti & Associates
Durban
07 May

Clearing and Forwarding Sales Executives

QI Logistics
ISANDO
06 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us