World

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...

Ecuador Shrimp Exporters Hit by USD 15 Million Monthly Tariff in US Market

The shrimp sector in Ecuador is experiencing significant impacts from recent measures imposed by the United States, its second-largest market after China. As of May 30, the...

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...

Ron DeSantis Allocates USD 7.5 Million to Redevelop Shrimp Dock Near Fort Myers Beach

Florida Governor Ron DeSantis has announced a major initiative to boost the state's shrimp industry by directing USD 7.5 million from the state's Job Growth Grant Fund....

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,...

Ecuadorian Shrimp Faces Potential Tariff Increase in the U.S.

Ecuadorian shrimp exporters may soon face higher tariffs when entering the United States if a preliminary ruling by the U.S. Department of Commerce (DOC) is ratified. The...

Shrimp Catch Plummets in the Netherlands

The Dutch sea fishing industry has had a dismal year, with shrimp fishing firms being particularly hard hit. According to Wageningen University & Research (WUR), the fleet...

Shrimp Quota Dispute in Nunatsiavut: Harvesters Threaten Legal Action

A group of shrimp harvesters from Nunatsiavut, Canada, are facing a standoff with the government over the allocation of their 2024 communal shrimp quota. The harvesters, who...

Brazilian Delegation Concludes Historic Visit to Guatemala to Learn about Shrimp Export Process

A delegation from the Brazilian Ministry of Agriculture, Livestock and Supply (MAPA) recently concluded its visit to Guatemala. The visit aimed to learn about the national controls...

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...

Trending Articles

Venezuela Capitalizes on Shrimp Exports Amid Trade Shifts

Venezuela's fishery sector has reached a significant benchmark, with annual production surpassing 300,000 tons,...

Sinking Stocks: The Crisis Threatening Mexico’s Shrimp Industry

Mexico’s shrimp fishery faces a mounting crisis driven by the proliferation of cloned or...

Russia’s Shrimp Harvest Hits New Highs

Russia’s domestic shrimp production has seen a significant uptick. The Russian Federal Fisheries Agency...

Global Markets Drive Double-Digit Growth for Vietnamese Shrimp

Vietnam’s shrimp export industry has demonstrated remarkable resilience and growth, with October figures reaching...

Georgia’s Shrimp Industry Struggles to Compete with Foreign Imports and Climate Change

Shrimp are a staple of Georgia's coastal cuisine, often celebrated in local festivals and...

Madagascar’s Shrimp Exports Fall Amid Global Demand Slump

In 2024, Madagascar's shrimp exports experienced a decline in value, with earnings dropping to...