Asia

Vietnamese Shrimp Export Prices Show Stability in Key Markets

Vietnam's shrimp export industry is navigating through stable pricing trends across key global markets, according to data released by the Vietnam Association of Seafood Exporters and Producers...

KUFOS Promotes Whiteleg Shrimp Farming in India

The Kerala University of Fisheries and Ocean Studies (KUFOS) in India has successfully completed field trials of whiteleg shrimp. This marks a significant step towards popularizing this...

Gulf Marketing Group Launches B201 Shrimp Line in Vietnam

On June 6, 2024, Gulf Marketing Group (GMG), headquartered in Dubai, United Arab Emirates, achieved a milestone in Vietnam's seafood industry with the inauguration of its Binh...

Vietnamese Shrimp Exports to EU Reach USD 134 Million, Up 1.2%

As of May 15, 2024, Vietnamese shrimp exports to the EU have reached USD 134 million, marking a modest increase of 1.2% compared to the same period...

Indian Shrimp Exporters Anticipate 10% Revenue Growth

Indian shrimp exporters are poised to see a revenue growth of 8-10% this fiscal year, buoyed by a resurgence in demand from major importing nations and improved...

U.S. Bans Chinese Shrimp Producer Over Alleged Use of Uyghur Forced Labor

Three more Chinese companies, including shrimp producer Shandong Meijia Group, have been banned from exporting their products to the United States. This decision, driven by allegations of...

Cyclone Remal Devastates Shrimp Farming in Bangladesh

Cyclone Remal has wreaked havoc on the shrimp farming industry in Bagerhat, Bangladesh, causing extensive damage and financial losses. According to the Department of Fisheries, the cyclone,...

Bangladesh Shrimp Industry Seeks Revival Amid Unstable Exports

The Bangladesh shrimp industry has been grappling with difficulties in recent years, including the impact of the COVID-19 pandemic. Despite a decline in exports, some localities are...

Vietnam’s Shrimp Exports Lead Aquaculture Industry

Vietnamese shrimp exports have surged in the first five months of 2024, reaching an estimated USD 1.3 billion, a 7% increase from the same period last year,...

Shrimp Exports Dip Amid Honduras-Taiwan Relations

The recent diplomatic tension between Honduras and Taiwan has had notable effects on the national shrimp farming sector, influencing exports and revenue. Export Volume Plummet According to the latest...

Shrimp Farming Expansion to Boost Pakistan’s Economy

Pakistan is harnessing its natural resources to delve deeper into aquaculture, with a particular focus on shrimp farming. Under the umbrella of the Special Investment Facilitation Council's...

Ecuadorian Shrimp Exports to China Resume After Suspension Lifted

Chinese customs authorities have lifted the suspensions on nine Ecuadorian shrimp-exporting companies that had been in place since February. This is significant for Ecuador, the world’s leading...

Honduran Congress Celebrates New Shrimp Export Contracts with China

The President of the National Congress of Honduras, Luis Redondo, hosted the Ambassador of the People's Republic of China, Yu Bo, this Wednesday. The central focus of...

Vietnam Shrimp Industry Faces Hurdles in Identification Code Implementation

The Department of Agriculture and Rural Development of Ca Mau province in Vietnam recently reported on the progress of implementing identification codes for shrimp farming areas. Despite...

Vietnam’s Shrimp Production Sees Significant Growth in Early 2024

According to the General Statistics Office, Vietnam's seafood production in the first five months of 2024 reached 3,515,200 tons, marking a 2.6% increase over the same period...

Honduran Shrimp Company Breaks New Ground with Chinese Export Agreement

A Honduran shrimp company has made history by signing a landmark contract with two Chinese firms, becoming the first national shrimp exporter to penetrate the lucrative Asian...

Violent Shrimp Price Dispute in Vietnam

On June 4, the People's Court of Kien Giang province in Vietnam held the first trial in a shocking case of violence over shrimp prices. Four defendants,...

New Technology Tackles Global Threat to Shrimp Industry

The ICAR-Central Institute of Brackishwater Aquaculture (ICAR-CIBA) has partnered with Neomeds to transfer the 'CIBA EHP Cura I' technology, a new treatment for shrimp disease. This new...

Vietnam Faces Hurdles to Reach USD 10 Billion Shrimp Exports Goal

Vietnam has become the second-largest shrimp exporter globally, accounting for 13-14% of total global shrimp export value. Despite this achievement, the goal set by the National Action...

Minh Phu Seafood Plans 72% Revenue Boost in 2024

Minh Phu Seafood Group has released the documents for its 2024 Annual General Meeting of Shareholders, scheduled for June 22. The company has set a revenue target...

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