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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...

Environmental Charity Raises Concerns Over Scampi Sourcing Practices

A recent complaint by the charity Open Seas to the UK's Competition and Markets Authority (CMA) has highlighted environmental concerns regarding the sourcing of scampi. The charity...

Sao Ta Foods Eyes USD 210 Million Sales Target for 2024

Sao Ta Foods has demonstrated impressive growth in May, with sales soaring to USD 15.55 million, marking a significant 43% increase compared to the same period last...

AI Technology Uncovers Secrets of Seafloor Shrimp Activity

A team of scientists from the US and the UK has utilized artificial intelligence (AI) to map the activities of seafloor invertebrates, including shrimp, worms, and clams,...

Ecuador Defies Predictions: Shrimp Exports Increase in April 2024

Ecuador's shrimp production for April 2024 has defied earlier forecasts of a decline. Despite initial concerns over a potential decrease in output for the year, Ecuador has...

Crisis Hits Canadian Shrimp Industry: Half of Companies Face Bankruptcy

Half of Canadian shrimp fishing companies are technically bankrupt. Despite the allure of the open fishing season beginning on April 1, only four out of the initial...

Shrimp Smuggling Concerns Resurface in Mexico

Amidst the political fervor surrounding the recent Mexican elections, the aquaculture sector in Sinaloa is gearing up to reignite its efforts to combat the illegal influx of...

Robust Growth Expected in Global Shrimp Market by 2029

According to a recent report by ResearchAndMarkets.com, the global shrimp market, valued at USD 69.22 billion in 2023, is projected to grow at a robust Compound Annual...

Shrimp Ban Initiated in the Gulf of Mexico

The Ministry of Rural Development, Fisheries and Aquaculture announced the commencement of a shrimp ban in the Gulf of Mexico, effective from May 28. This measure aims...

Shrimp Industry Awaits Resolution as Mexico Prioritizes USMCA Review

Mexico's focus has shifted significantly towards the upcoming review of the United States-Mexico-Canada Agreement (USMCA) scheduled for 2026. This pivot has relegated other potential trade agreements, such...

Algerian Aquaculture Gets a USD 8 Million Boost

ESE Intec, an American company specializing in aquaculture solutions, has set its sights on Algeria. This decision not only marks a milestone in ESE Intec's global expansion,...

Brazilian University Develops Green Hydrogen Technology Using Shrimp Shells

The Fracture and Fatigue Mechanics Laboratory (LAMEFF) at the Federal University of Ceará (UFC) in Brazil has developed an environmentally sustainable technology for extracting green hydrogen. This...

Mississippi Sound Shrimpers Begin 2024 Season with Fewer Boats

The 2024 Shrimp Season has begun on the Mississippi Sound, United States, with a focus on quality rather than quantity. This year, shrimpers are optimistic about the...

Shrimp Industry Devastated by Oil Spills in Coro, Venezuela

Fishermen in the town of Río Seco, Coro, Venezuela, are grappling with a harsh new reality: oil spills have annihilated the shrimp population, which once served as...

Vietnam’s Shrimp Export Boost Amidst Agro-Forestry-Fishery Growth

Vietnam has seen significant growth in its agro-forestry-fishery exports, with shrimp playing a notable role. From January to May, the country exported an estimated USD 24.14 billion...

Queensland’s Aquaculture Value Surges by 17.1%

The latest Ross Lobegeiger Report 2022-23 reveals that the value of Queensland, Australia's aquaculture industry has surged by 17.1% in the past year. This growth is part...

French-Tanzanian Trade Flourishes: Shrimp Among Top Export Performers

In the economic landscape between Tanzania and France, a noteworthy trend has emerged over the past five years with Tanzania's agricultural exports, including shrimp. Exaud Kigahe, the...

Kuwait to Discuss New Shrimp Farming Site

The Jahra Governorate Committee of the Municipal Council in Kuwait is preparing for a meeting on Wednesday to address a key proposal concerning the expansion of aquaculture...

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