FDP Fresh Del Monte Produce Inc.

Fresh Del Monte Produce Demonstrates Commitment to Create Positive Impact on the Environment With Six New Energy Efficient Container Vessels

Fresh Del Monte Produce continues to fulfill its commitment to create a positive impact on the environment with the addition of six new energy efficient reefer container vessels to its fleet. The addition of the new vessels named – Del Monte Gold, Del Monte Rose, Del Monte Harvester, Del Monte Spirit, Del Monte Valiant and Del Monte Pride – marks a new chapter in environmental sustainability for the company. The first of the six vessels, the Del Monte Gold, embarked on the high seas earlier this month, traveling from Hong Kong, China towards the Panama Canal. Like its siblings, the Del Monte Gold has a full cargo capacity of 1,276 TEU with 634 plugs for forty-foot high cube reefer containers. Given the perishable nature of fresh fruits and vegetables, the air-cooled containers will maintain the cargo at specified temperatures, traveling in reefer mode with multiple temperature variants from -25C to 40C.

“We have been working towards this goal since 2017 and could not be more excited to see it come to fruition,” said Helmuth Lutty, Senior Vice President of Shipping Operations for Fresh Del Monte Produce. “As one of the world’s leading producer, marketer and distributer of fresh fruits and vegetables, we have set a very high bar for all the reefer containers and ships in our fleet. These six new vessels set the bar even higher, and allow us to deliver the high-quality fresh fruits and vegetables we are known for while meeting our sustainability goals.”

Each vessel meets the most stringent emission control regulation and includes:

  • Latest hull design and vertical bow to achieve a service speed of up to 22 knots with a very efficient fuel consumption.
  • Fitted with Hybrid Scrubber system, meeting all international requirements to reduce pollution and control emissions of noxious substances.
  • Fitted with shore power connection to use Alternate Marine Power (AMP) at ports allowing ships to work with shore power (Cold ironing) without having to use IFO or MGO while in port where facilities are available and/or required.
  • Fitted with the latest Preventive Maintenance System technology on all machineries on board with the purpose to have efficient combustion on main and auxiliary engines and control of main components replacement efficiently according to manufacturer’s parameters.

“Today, shipping accounts for the largest portion of our global energy use,” said Hans Sauter, Chief Sustainability Officer of Fresh Del Monte Produce. “In 2018 we committed to lead by example and reduce our vessel emission by 10 percent. With the addition of these six new container vessels we are well on our way, estimating a savings of nearly 19 thousand metric tons of fuel each year.”

For more information on Fresh Del Monte and its sustainability efforts, please visit:

About Fresh Del Monte Produce Inc.

Fresh Del Monte is one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa and the Middle East. Fresh Del Monte markets its products worldwide under the DEL MONTE® brand (under license from Del Monte Foods, Inc.), a symbol of product innovation, quality, freshness and reliability for over 125 years. The Company also markets its products under the MANN™ brand and other related trademarks. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd

EN
29/07/2020

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CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the fourth quarter and the full fiscal year ended December 27, 2024. "Our full-year 2024 results reflect the effectiveness of our strategic focus and operational improvements. This success, achieved despite facing several challenges in 2024, was primarily driven by the exceptional performance of our fresh and value-added products segment, particularly pineapples, avocados, and fresh-cut fruit, which continue to fuel our growth and deliver st...

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CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) (the “Company”) today announced that its Board of Directors (the “Board”) has approved a $150 million share repurchase program, reinforcing its balanced capital allocation strategy. Additionally, the Board has announced an increase in the quarterly dividend from $0.25 to $0.30. The next quarterly dividend will be paid on March 28, 2025, to shareholders of record on March 10, 2025. "This repurchase authorization is part of our broader capital allocation framework, which prioritizes investing in strategic growth oppo...

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