Asia

Vietnam Emerges as a Top Three Global Shrimp Exporter, Capturing 14% of Market Share

Vietnam's seafood export sector is experiencing growth in 2024, with shrimp at the forefront. The Ministry of Agriculture and Rural Development (MARD) reports that shrimp exports alone...

ASC and LENK Join Forces to Boost Sustainable Shrimp Farming in Bangladesh

In July 2023, Roy van Daatselaar, Head of the ASC Improver Programme, showcased the Improver Programme at the Bangladesh International Aquaculture & Seafood Show (BIASS). This initiative...

India Develops Turtle Excluder Device to Address US Shrimp Import Ban

The Marine Products Export Development Authority (MPEDA) and the ICAR - Central Institute of Fisheries Technology (ICAR-CIFT) in India have unveiled a new Turtle Excluder Device (TED)...

Advancements in Honduras-China FTA: A Focus on Shrimp Exports

The recent sixth round of negotiations for the Free Trade Agreement (FTA) between Honduras and China concluded successfully in Beijing. The talks, held from July 29 to...

Kerala Fishermen Struggle Amid US Shrimp Import Restrictions

Kerala's shrimp industry is grappling with a crisis following the U.S. ban on Indian shrimp imports, implemented for sea turtle conservation reasons. While aimed at protecting marine...

Khulna’s Shrimp Exports Grows Significantly in 2023-24

In the 2023-24 fiscal year, Khulna, Bangladesh, has demonstrated robust performance in the export of fish and fisheries products, with a total of around 41,000 tonnes valued...

Vietnam Reports 17% Growth in Shrimp Exports in First Half

Vietnam's shrimp export value reached approximately USD 1.6 billion during the first six months of this year, marking a six percent increase compared to the same period...

Indian Finance Minister Reduces Customs Duties on Shrimp Feed

Indian Finance Minister Nirmala Sitharaman has announced new financial measures aimed at revitalizing the country's shrimp industry. This initiative includes a reduction in customs duties on vital...

Filipino Shrimp Farmers Embrace New Technology

In the Philippines, a new technology called i-POND is poised to revolutionize the way shrimp farmers monitor and manage their ponds, offering real-time data and insights that...

Thai Union Claims Red Lobster Owes Millions for Shrimp Supply

As Red Lobster's new owners prepare to take the reins, the embattled seafood chain has revealed that it may owe its parent company, Thai Union Group, USD...

Shrimp Stocks Surge as Indian Government Reduces Customs Duty

Finance Minister Nirmala Sitharaman announced on Tuesday that the Indian government will provide financial support for shrimp farming and marketing. This announcement was made during the presentation...

Shrimp Prices Plummet in Vietnam, Only High-Tech Farmers Remain Profitable

The price of black tiger and whiteleg shrimp in Tra Vinh, Vietnam has been on a downward trend since the beginning of July, with prices decreasing by...

Kerala Government Convenes Emergency Meeting to Address Shrimp Export Crisis

The Kerala government in India has taken the initiative to convene a meeting of affected parties, including fishermen, boat owners, exporters, and officials, to discuss ways to...

One Million Black Tiger Prawns Released into Thai River

The province of Samut Sakhon in Thailand released one million black tiger prawns into the Tha Chin River to promote ecological balance and biodiversity. The ceremony, held...

Honduran National Congress Gives Green Light for Early Shrimp Harvest

The Honduran National Congress has approved an agreement allowing its shrimp to be exported to China without waiting for the validation of the Free Trade Agreement (FTA)...

Vietnam Shrimp Exports Accelerate as Year-End Demand Boosts Seafood Industry

Vietnam's seafood industry is poised for a period of accelerated growth, driven by increased demand from key markets. According to the Ministry of Agriculture and Rural Development,...

Honduras Ships Off First Containers of Shrimp to China

Honduras is set to export its first two containers of shrimp to China, marking a milestone in the country's efforts to strengthen its shrimp sector and expand...

Vietnam to Invest USD 21 Million in Shrimp Industry Development

The southernmost province of Ca Mau in Vietnam has announced plans to invest a significant amount of VND 536 billion (USD 21.09 million) in a fisheries sustainable...

India and Korea to Discuss Trade Agreement Upgrades

The Indian government is gearing up for the next round of negotiations with South Korea to upgrade their existing free trade agreement (FTA), which was operationalized in...

Indonesian Shrimp Firm Sets Sights on New Markets

Indonesian frozen food processor, PT Panca Mitra Multiperdana Tbk (PMMP), is gearing up to maximize sales through strategic expansion into new export markets. According to Christian Jonathan,...

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