Asia

Higher Duties on Indian Shrimp: A Competitive Edge for Ecuador and Indonesia?

The recent decision by the US Department of Commerce (DOC) to impose a higher countervailing duty (CVD) on frozen water shrimp from India signals a stormy sea...

Shrimp Giant Minh Phu Sees Earnings Surge Amid Dividends Boost

Minh Phu Seafood Corporation, Vietnam’s largest shrimp exporter, has reported a notable rebound in its financial performance, driven by strong dividend contributions from subsidiaries. The company’s after-tax...

Vietnam’s Struggle with US Tariffs

The United States Department of Commerce (DOC) has tightened its grip on the imported shrimp market, announcing countervailing duties on frozen warmwater shrimp from Vietnam. This latest...

Indonesia Targets Egypt for Whiteleg Shrimp Exports

To enhance its seafood exports, Indonesia is turning its attention to Egypt's burgeoning appetite for whiteleg shrimp. This initiative, spearheaded by the Indonesian Embassy in Cairo in...

Honduras’ Export Hopes Dashed by China

Only one of the 150 containers of Honduran shrimp destined for China will actually be shipped to Beijing. This news has left producers feeling deceived, particularly after...

From Rice Fields to Global Markets: Ca Mau Embraces Sustainability

The rice-shrimp cultivation area of Thoi Binh district in Vietnam’s Mekong Delta has achieved a notable milestone by securing Best Aquaculture Practices (BAP) certification from the Global...

Whiteleg Shrimp Drives Vietnam’s $2.8 Billion Export Boom

Vietnam’s shrimp industry has experienced a strong recovery in 2024, with export turnover hitting USD 2.8 billion in the first nine months of the year, a 10.5%...

Belize and Taiwan Strengthen Ties with Focus on Shrimp Export Expansion

Belize’s shrimp industry is on the brink of expanding its export potential, thanks to a collaboration with Taiwan. Hernán Zetina, Technical Director of Quarantine, and Zoe Robertson...

Floods and Low Season Push Shrimp Prices Higher in India

The shrimp market in India has seen a notable price increase, driven by tight supplies and disruptions in major shrimp-producing countries. Andhra Pradesh, India's largest shrimp-producing state,...

SEAFDEC Achieves Five Tons of Black Tiger Shrimp Harvest

This year, the Southeast Asian Fisheries Development Center's (SEAFDEC) Aquaculture Department (AQD) announced the harvest of over five tons of black tiger shrimp (Penaeus monodon) from its...

Disease-Free Facilities Take the Lead in Binh Thuan

Ten facilities in Vietnam's Binh Thuan province have been officially certified as disease-free by the Department of Animal Husbandry and Veterinary Medicine as of August 2024. Disease-Free Certification...

Shrimp Industry Under Scrutiny: The High Cost of Low Prices

A recent investigation by the Associated Press (AP) has cast a harsh light on labor practices in the global shrimp industry, accusing major Western supermarkets of driving...

Shrimp Exports Keep Ca Mau on Track for Record Turnover

By August 2024, Ca Mau, a leading province in Vietnam’s seafood export sector, had achieved an export turnover of more than USD 838.7 million. Despite global political...

Punjab Chief Minister Launches Pakistan’s Largest Shrimp Farming Project

Punjab Chief Minister Maryam Nawaz has inaugurated Pakistan's largest pilot project for shrimp farming. The initiative, located in Jhalarin North near Muzaffargarh, is an effort to capitalize...

Indonesian Shrimp Exports Struggle to Compete in Russian Market

Indonesia’s shrimp industry has struggled to gain significant market share in Russia. According to Indonesia's Ministry of Maritime Affairs and Fisheries (KKP), the country’s shrimp exports remain...

Vietnam’s Mebi One Shrimp Seeds Make Debut in Taiwan

On September 23, in Quang Nam, Vietnam, Kim Hoang held a handover ceremony for the first shipment of 2.5 million Mebi One shrimp seeds to Yong Sing...

Vietnam’s Shrimp Exports Surge 10% as Global Demand Rebounds

The aquaculture industry in Vietnam has seen a notable resurgence in 2024, with exports of aquatic products rising 9% year-on-year to reach USD 6.3 billion during the...

Ecuador and China Expand Shrimp Trade

Shrimp, alongside dairy and blueberries, is at the forefront of Ecuador’s export ambitions to China. This comes on the heels of a free trade agreement that has...

Shrimping Towards Progress: High-Tech Aquaculture in Vietnam

In Vietnam's Ben Tre Province, a revolution is underway in its shrimp ponds. The province has seen strides in high-tech brackish water shrimp farming, following a policy...

Black Tiger Shrimp Prices Fall as Japan’s Market Weakens

Vietnam, the largest supplier of shrimp to Japan, is experiencing a troubling trend. Prices of black tiger shrimp are on the decline, with little sign of recovery....

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