Oceana’s cold storage merger with V&A gets green light

Cape Town, South Africa: Fishing and cold storage group Oceana has finally been given approval to take over V&A Cold Store.

The deal was given the green light by the Competition Tribunal, with specific conditions to allow third-party fish customers to retain access to cold storage facilities.

The merged entity will have a dominant position in the market for quayside cold storage and handling of loose and frozen packaged fish.

The merged firm will be allowed to exceed the 50% storage quota (7,250 pallet spaces), provided it does not have a negative effect on the third-party fish customers.

WORLD NEWS

OSHA names GCCA Alliance Program Ambassador

Arlington, Virginia, USA: The US Department of Labor’s Occupational Safety and Health Administration (OSHA) has recognised the Global Cold Chain Alliance as an Alliance Program …

READ THE FULL STORY >

Definitive textbook on natural refrigerants available in English

Brussels, Belgium: Shecco, a natural refrigerent marketing company, has partnered with German publisher VDE Verlag to translate its popular 2019 German textbook on natural refrigerants …

READ THE FULL STORY >

Carrier’s TripLink gets smarter for reefers

Singapore: Carrier Transicold has added features to TripLink, its refrigerated container data management system. The system can better be adapted to suit specific customer requirements. …

READ THE FULL STORY >

XPO second quarter revenue hit by coronavirus

Greenwich, Connecticut, USA: XPO Logistics’ revenue for the second quarter of 2020 was down from $4.24bn to $3.5bn. Bradley Jacobs, chairman, XPO Logistics, said, “The …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

Cold Chain News is going digital from September. The new digital format will bring you a digest of UK news plus features about the British temperature-controlled logistics industry. Find out more: bit.ly/3eUAHtS

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ