Asia

Honduras Anticipates Economic Growth with Tariff-Free Shrimp Exports

The Secretary of Economic Development of Honduras, Fredis Cerrato, recently addressed the challenges faced by shrimp producers in the southern region of the country. In his statement,...

India Pushes for Expedited USFDA Inspections to Boost Pharma Exports

India is set to advocate for swifter inspections and audits by the US Food and Drug Administration (USFDA) for Indian pharmaceutical companies. The government aims to present...

Shrimp Farmer Fatally Shot in Territorial Dispute

In a tragic turn of events, a shrimp farmer, Mohammad Hossain (56), lost his life in a dispute over a shrimp enclosure in the Chakria region of...

Governor Optimistic About the Future of Shrimp Farming in Sukamara Regency

The Shrimp Estate Program in Central Kalimantan's Sukamara Regency, Indonesia, is gearing up for a significant milestone, with Governor Sugianto Sabran expressing optimism about its potential impact...

Record-Low Shrimp Prices Prompt Restructuring Among Indonesian Farms

In 2023, Delta Marine, a prominent shrimp farm in Indonesia, is celebrating a remarkable year of record-breaking shrimp production. Despite the overall gloominess in the Asian shrimp...

Shrimp Market to Hit USD 123.8B by 2033

The global shrimp market is poised for substantial growth, according to a recent research report by Future Market Insights. The study reveals that the sales of shrimps...

NUS Team Creates First Allergen-Free Plant-Based Shrimp

National University of Singapore (NUS) students have developed a noteworthy plant-based shrimp concept named "Keepin' it Shrimple." This innovative product utilizes pea protein and lion's mane fungi...

Ben Tre’s Shrimp Farmers Navigate High-Tech Challenges

Ben Tre province, known for its vibrant aquaculture industry, has seen significant success in shrimp farming, with approximately 47,800 hectares dedicated to this sector. Notably, over 4,800...

Ecuadorian Shrimp Challenges Indian Dominance in Global Markets

In recent years, Ecuadorian shrimp has emerged as a formidable competitor to its Indian counterpart, altering the dynamics of the global shrimp market. The primary factor contributing...

Asia’s Shrimp Producers Anticipate Recovery

In the face of global challenges within the shrimp market, certain Asian countries are actively working to sustain production and exports. Despite a notable decrease in imported...

Minh Phu Seafood Group Initiates Major Share Transfer

Minh Phu Seafood Group Joint Stock Company recently announced key developments following its 2023 extraordinary general meeting of shareholders. The company gained approval to exempt public offers...

US Probes Shrimp Dumping

The US government is currently engaged in a thorough investigation into allegations of dumping and subsidies related to frozen warm-water shrimp products exported by Indonesia, Ecuador, Vietnam,...

India’s Shrimp Farming Revolution: Transforming Wasteland into Productive Hubs

In a significant move aimed at transforming unproductive wasteland into thriving hubs for shrimp farming, the Union government of India is rolling out a groundbreaking aquaculture plan...

CPTPP Boosts Vietnamese Shrimp Exports to Australia

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has proven to be a game-changer for the shrimp export market, ushering in new opportunities for businesses, particularly...

Ecuadorian Shrimp Sales Hit by Rising Costs Amid US Inflation

Ecuador's National Chamber of Aquaculture (CNA) recently reported a significant increase in shrimp exports, reaching 1.11 million tons in the first 11 months of 2023. This marks...

Cambodian Shrimp Exporter Targets Chinese Market Surge

In a bid to capitalize on the success of its live mantis shrimp shipments to the Chinese market in 2023, Cambodian Tienit International Trading is gearing up...

Ecuador’s Shrimp Sector Faces Unprecedented $1.5 Billion Loss in 2023

In a recent update, Ecuador's National Chamber of Aquaculture (CNA) has disclosed alarming figures regarding the country's shrimp sector, indicating a staggering loss of nearly USD 1.5...

Thailand Unveils Pioneering Shrimp Strains for Industry Resilience

In a stride towards fortifying Thailand's aquaculture industry, the Department of Fisheries has successfully developed two new strains of Pacific white shrimp. Termed as Petchada 1 and...

ViAqua’s RNA Solutions Offer Game-Changing Relief

ViAqua Therapeutics has successfully secured a significant investment of USD 8.25 million, led by S2G Ventures, aimed at expanding its RNA-based solutions in aquaculture. The move comes...

Australia’s Selective Import Strategy Favors Vietnam in Shrimp Trade

As of November 15, 2023, Vietnam's shrimp exports to Australia stood at over 198 million USD, reflecting a 16% year-on-year decrease. Despite this decline, it is noteworthy...

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