Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
The deal signed in October to ship 500k tonnes of fruit and vegetables to Southampton (UK) from Almeria has been put on hold; this is because the firm which signed the contract, Southampton Fruit Handling, has had its assets acquired by Solent Stevedores.
The deal will see it take over the running of Southampton Fruit Handling's fruit terminal on the south coast. As a result of this arrangement, the 60 new jobs which would have been created by the formation of new shipping route between Almeria and Southampton has been temporarily frozen.
Jose Manuel Ortiz, Andalucia's minister for agriculture, speaking when the deal was penned in October, said: "We are not only speaking about exports to the UK; from here in Southampton we could have a logistics platform for fresh produce from Almeria for other countries too."
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