Bananas boost talks for sea route between Russia and Latin America

MOSCOW, Nov 22 (Reuters) – Fesco, one of Russia’s biggest shipping companies, said on Tuesday it was in talks to establish a sea route between the country and Latin America, a move prompted by the need bananas from Ecuador.

The West has imposed sanctions on Russia for its actions in Ukraine, which is why the world’s three largest container shipping companies, Denmark’s Maersk, France’s CMA CGM and Switzerland’s MSC, have suspended destination bookings. and from Russia.

“We are currently in negotiations with our partners, retailers who want to restore lost roads,” said Andrei Severilov, chairman of the board of Fesco, in a statement.

The company is mainly interested in delivering bananas from Ecuador, as well as agricultural products from other Latin American countries, he added.

Severilov said the main problem was the lack of a high-capacity fleet and Fesco plans to buy ships with more than double the capacity it currently has, up to 7,000 TEUs.

Bananas are one of the most popular fruits among Russian consumers. According to NielsenIQ data, bananas accounted for 21.7% of fruit sales in monetary terms between January and October this year.

(Reporting by Gleb Stolyarov; Additional reporting by Olga Popova; Editing in Spanish by Javier López de Lérida)

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