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.

Choppy water ahead as US anti-China fees threaten ocean alliances

Sea Freight

Joe Kramek, president and CEO of the World Shipping Council, is highly critical of the USTR’s approach.

24 Apr 2025
0 Comments

China outstrips competitors in EV R&D market

Logistics

Analyses suggest that China’s patents are increasingly high in quality and technological impact.

24 Apr 2025
0 Comments

SA inflation cools

Domestic

Lower fuel and education prices contributed to the slowdown in inflation.

24 Apr 2025
0 Comments

Africa Global Logistics announces Afcon partnership

Logistics

The MSC Group-owned company will support the men’s and women’s competitions with its advanced logistics solutions.

24 Apr 2025
0 Comments

Copperbelt cargo: Overborder hauliers continue to shun Zim

Road/Rail Freight
23 Apr 2025
0 Comments

Mixed bag of commercial vehicle sales

Imports and Exports

The US is the third-largest destination for South African automotive exports.

23 Apr 2025
0 Comments

Easter road fatalities decline

Domestic

Road crash data is still being verified but it appears safety has improved across most provinces this holiday season.

23 Apr 2025
0 Comments

Trump tariffs and world trade – who stands where?

Economy

The outcome of the talks with South Korea will be closely watched by other nations.

23 Apr 2025
0 Comments

New Russian-linked shipping line focuses on West Africa

Logistics

The company has announced plans to launch a new route between Novorossiysk and Nigeria’s Lagos Port.

23 Apr 2025
0 Comments

MANufacturer invests R48 million in electric buses

Logistics

It’s the first net-zero production site, five years ahead of the parent company’s 2030 sustainability target.

23 Apr 2025
0 Comments

South Africa to contend for IMO seat

Logistics

SA was not elected to the IMO Council in 2023 when its seat was contested by 25 member states.

23 Apr 2025
0 Comments

Tariff turmoil triggers DHL suspension of some shipments

Logistics

Shipments exceeding the $800 threshold, regardless of their origin, were likely to face multi-day delays.

22 Apr 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
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

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May
New

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May

Cost Estimator - Durban North

Lee Botti & Associates
Durban
07 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us