Exclusive-Danone ramps up U.S. baby formula shipments to address shortage
By Richa Naidu and Lisa Baertlein
Stay updated with breaking news from Ocean Audit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Richa Naidu and Lisa Baertlein
Aptamil maker Danone SA has stepped up shipments of infant formula from Europe to the United States, according to U.S. customs data and shipping consultancy Ocean Audit, which analyzed ocean cargo data exclusively for Reuters. Danone, the world's second biggest baby formula maker but a relatively small player in the U.S. market, shipped much of the product from the United Kingdom and the Netherlands by ocean freight through its Nutricia North America arm after a Feb. 17 recall by top manufacturer Abbott Laboratories touched off the U.S. shortage.
French food giant Danone has ramped up its shipments to the United States.
Aptamil maker Danone SA has stepped up shipments of infant formula from Europe to address a shortage in the United States, according to U.S customs data and an analysis of ocean cargo data by shipping consultancy Ocean Audit for Reuters.
Genco Shipping’s John Wobensmith and Ocean Audit’s Steve Ferreira discuss dry bulk shipping industry strategy and opportunities.