World

US Implements Temporary Ban on Filipino Shrimp Imports

The United States has instituted a temporary ban on the entry of wild-caught shrimps and their byproducts from the Philippines. This decision, communicated through an advisory from...

Rising Demand Abroad Spells Trouble for Chittagong Shrimp Traders

The shrimp industry in Chittagong, Bangladesh, once thrived with bustling trade and a dominant presence in the international market. However, recent years have seen a gradual decline...

VASEP Pushes for Removal of Shrimp Export Quota to South Korea

The Vietnam Association of Seafood Exporters and Processors (VASEP) has recently put forth a proposition to the government regarding the shrimp export sector. In light of the...

Panamanian Shrimp Ban Effects Emerge

Buyers in are gradually beginning to arrive at the Public Seafood Market, located in Panama City. On the eve of a time of high consumption, the prices...

Mexico’s Agriculture Department Assures Ample Seafood Supply

The Secretariat of Agriculture and Rural Development in Mexico has assured consumers that there will be no shortage of fish and seafood this Lent season. With distribution...

Indonesia Unveils Ambitious Plans for Aquaculture Expansion

In a bid to accelerate sustainable aquaculture practices and bolster the production of key export commodities, the Ministry of Marine Affairs and Fisheries in Indonesia has rolled...

Bangladeshi Coastal Tiger Prawn Harvesting Season Sparks Economic Boom

As November approaches, the coast of Barguna in Bangladesh becomes abuzz with activity as fishermen prepare for the main harvesting season of coastal tiger prawns. From November...

Shrimp Cargo Conceals Major Drug Seizure in Morocco

At the Tanger Med port, Moroccan security services and customs officials have uncovered a significant drug smuggling operation, with shrimp playing an unexpected role in the concealment...

Global Shrimp Industry Forecasted to Face Persistent Challenges in 2024

Phu Hung Securities Company (PHS), based in Vietnam, forecasts a continued struggle for the global shrimp industry in 2024, grappling with persistent challenges stemming from oversupply. Shrimp...

Environmental Threats Loom Over Vietnam Shrimp Industry

The Mekong River in Vietnam has historically sustained millions across mainland Southeast Asia. However, environmental degradation and climate change are threatening its viability. Factors such as saltwater...

US Import Duty Threatens Indian Shrimp Export Market

The recent decision by the United States to impose a 6% countervailing duty on Indian fish imports has sent shockwaves through the shrimp farming and export community...

Argentine Shrimp Exports to Italy Face Decline in 2023

In 2023, the trade exchange between Argentina and Italy amounted to USD 2.614 billion, indicating a 4.7% decrease from the previous year. Despite this decline, the bilateral...

Illegal Entry of Ecuadorian Shrimp Imperils Mexican Market

Efforts by the federal government to restrict the importation of farmed shrimp into Mexican territory have hit a roadblock due to the continued illegal introduction of Ecuadorian...

Vietnam Province Targets Record Agricultural Production Value

Tra Vinh province, Vietnam, has set a lofty target for its total agricultural production value for 2024. With a goal of reaching VND 32,245 billion (USD 1.32...

Mexican Seafood Market Faces Shrimp Shortage Concerns

Merchants at the fish and seafood market in Tampico, Mexico, are expressing growing concern over the scarcity of certain species, just ahead of the Lent and Easter...

Peru Strengthens Shrimp Ban Enforcement

In a concerted effort to uphold the shrimp ban enforced until March 31 in Peru, the Regional Production Management, provincial sub-prefectures of Castilla and Camaná, along with...

BioMar Unveils Cutting-Edge Hatchery Hub in Denmark

Aquafeed producer BioMar's CEO, Carlos Díaz, recently unveiled the latest addition to the company's Aquaculture Technology Center in Hirtshals, Denmark. The newly opened LARVIVA Hatchery Hub testing...

Honduras Threatens WTO Action Over Shrimp Export Restrictions

The head of Honduras' Ministry of Economic Development (SDE), Fredis Cerrato, issued a stern warning regarding the ongoing restrictions on shrimp exports to the state of Sinaloa...

Minh Phu Reports 35% Revenue Decline in 2023

Minh Phu Seafood Corporation has recently disclosed its 2023 business outcomes, reflecting a challenging year for the renowned seafood company. Despite facing significant headwinds, Minh Phu's transparency...

WSSV Genome Decoded: Hope for Shrimp Farmers

A groundbreaking discovery has emerged from Bangladesh, offering a ray of hope to the beleaguered shrimp farming industry. A collaborative effort between Chittagong University, Dhaka University, ICDDR,...

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