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Global Shrimp Production Decline Expected in 2024

Global shrimp production is expected to decline in the first half of 2024. Despite this, consumption demand remains high, particularly in the US and China. Ecuador: Leading the...

Shrimp Leads Vietnam’s Agricultural Export Boom

Vietnam's agricultural sector continues to demonstrate growth, marking a trade surplus in the first half of 2024. According to the Ministry of Agriculture and Rural Development, the...

Fisherman Fined EUR 30,000 for Exceeding Prawn Quotas in Ireland

Gerald Sharkey from Clogherhead, Ireland, has been fined EUR 30,000 (USD 32.46 thousand) after admitting to fishing 200 percent more high-value prawns than his quota allowed and...

Mexican Shrimp Fishermen Threaten Self-Defense Against Theft

In Nayarit, Mexico, the shrimp production industry is facing a dire threat from rampant theft. Fishermen are sounding alarms over recurring losses that could destabilize their livelihoods. Escalating...

Ca Mau Shrimp Exports Reach Billion-Dollar Milestone

Ca Mau province in Vietnam boasts over 300,000 hectares of aquaculture area, predominantly dedicated to shrimp farming. As climate change intensifies, the region faces the imperative to...

Shrimp Imports in China Continue Downward Trend

China's shrimp imports in May 2024 dropped to just over 70,000 tons, worth USD 341 million, a 30% decrease in volume and a 41% decrease in value...

Nayarit Fishermen Anticipate 5,000 Tons of Shrimp This Season

Fishermen in Nayarit, Mexico, are looking forward to a promising shrimp harvest, expecting to collect approximately 5,000 tons of shrimp this season. This optimistic outlook hinges on...

Prawn Farmers in India Demand Government Action on Substandard Seed Supply

The Prakasam district Prawn Farmers Association in India has raised urgent concerns regarding the quality of black tiger prawn seed supplied by local hatcheries. In a recent...

Ecuador’s Shrimp Industry Boosts Non-Oil Export Revenue

According to the latest figures from the Ecuadorian Federation of Exporters (Fedexpor), from January to April this year, Ecuador's fishing sector exported products worth USD 2.871 billion....

Shrimp Industry Set to Reach over USD 85 Billion by 2031

The shrimp industry is on the verge of a major expansion, with market projections indicating a substantial increase in value over the coming years. According to a...

Santa Priscila Sees Stable Revenue and Improved Gross Profit, Despite Net Profit Decline

In its 2023 financial results, Ecuadorian shrimp company Industrial Pesquera Santa Priscila has reported stable revenue and improved gross profit, despite a decline in net profit. The...

Rainy Season Boosts Shrimp Industry in Sinaloa, Mexico

The arrival of the rainy season in southern Sinaloa, Mexico, has brought new life to the shrimp industry, providing a welcome respite for local fishermen. The influx...

Shrimpers Struggle to Protect Livelihoods Amidst Shrimp Dumping in Southeast Texas

The United States International Trade Commission has launched a shrimp dumping investigation and is seeking input from shrimpers through a questionnaire in Southeast Texas. A Fight for Survival At...

CJ Group Explores Opportunities in Vietnamese Shrimp Industry

CJ Group, based in Korea, continues to strengthen its foothold in Vietnam, marking the country as a strategic market for its diverse business ventures. With a robust...

Shrimp Development Project in Vietnam Faces Uncertain Future

The Department of Planning and Investment in Binh Dinh, Vietnam, has proposed terminating a high-tech agricultural zone project aimed at shrimp development. This decision revolves around challenges...

Sao Ta Foods Posts Strong First Half-Year Sales Revenue

Vietnamese shrimp processor Sao Ta Foods has announced its financial results for the first half of 2024, with the company reporting a significant increase in sales revenue...

Honduras Loses USD 20 Million in Shrimp Exports Due to Market Closure

Honduras has suffered losses reaching around USD 20 million so far this year. The closure of the Taiwanese market has been the main contributor to this financial...

Louisiana Lawmakers Crack Down on Imported Seafood

The Gulf Coast is known for its rich seafood heritage, and Louisiana, USA, is no exception. With an economic impact of nearly USD 2.5 billion annually, the...

Mexican State Shrimp Harvest Aims for 5,000 Tons

The Mexican state of Nayarit is on track to meet its goal of harvesting around 5,000 tons of shrimp this season, according to Juan de Dios Fernández,...

Bac Lieu Province Reviews Economic Progress and Future Goals

The Bac Lieu Provincial Party Committee in southern Vietnam has held a conference to review the first half of the year and set the stage for the...

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