World

Frozen Seafood Giant SBH Group Announces IPO Plans

SBH Marine Holdings Bhd has signed a crucial underwriting agreement with KAF Investment Bank Bhd (KAF IB) for its upcoming initial public offering (IPO) on the ACE...

Shrimp Enthusiasts Flock to Key Biscayne for Nighttime Adventures

Key Biscayne, an island in Miami's Biscayne Bay, United States, recently witnessed a gathering of shrimp enthusiasts. These individuals were spotted catching shrimp from the bridge, and...

Over a Ton of Illegal Pink Shrimp Seized in Penha, Brazil

More than a ton of illegal pink shrimp was seized by the Environmental Military Police in Penha, Brazil, following a complaint that led officers to a clandestine...

Egypt’s Frozen Shrimp Imports Drop by 34.6% in 2023

Egypt has witnessed a significant decline in its imports over the period between January and October 2023. The total imports from countries worldwide amounted to USD 68.3...

Tumaco Joins Global Market Access Program to Elevate Shrimp Standards

Tumaco, a key player in the aquaculture and fishing sectors in Colombia, has achieved a milestone by becoming part of the Global Market Access Program. This initiative,...

Killer Shrimp Threatens Sicilian Marine Ecosystem

In a recent study conducted by the Department of Biological, Geological, and Environmental Sciences of the University of Catania, Italy, alarming findings reveal that the Louisiana shrimp,...

Environmentalists Warn of Déjà Vu as Indonesian Government Plans Shrimp Farms

The Indonesian Forum for the Environment (Walhi) has raised concerns and criticism against the government's proposed shrimp estate project. The environmental organization draws parallels between this initiative...

Cajun Shrimp Meets Community Support

The Ellen Noël Art Museum of the Permian Basin (ENAM) in Texas, USA, is gearing up for its 39th Annual Shrimpfest, scheduled to take place on Monday,...

China Imports Record 1.1 Million Tons of Shrimp in 2023

China, the world's leading importer of shrimp, has set a new record in 2023 by importing 1.1 million tons of shrimp. This marks a 13% increase over...

Binh Thuan Shrimp Seed Production Hits 25.5 Billion

In 2023, the shrimp seed production in Binh Thuan, Vietnam, reached 25.5 billion, fulfilling the planned target. However, the industry faced significant challenges due to the global...

US Decision on Antidumping Probe Expected in Late 2024

The fate of Ecuadorian shrimp exports to the United States hangs in the balance as the antidumping investigation progresses, with a decision anticipated in October or November...

Shrimp Recall Issued in France Over Vibrio Vulnificus Contamination

Consumers who recently purchased raw shrimp from Magasins U in France are urged to exercise caution, as the shrimp is believed to be contaminated with Vibrio vulnificus,...

Brazilian Police Seizes Over Half a Ton of Shrimp

The Guaratuba Environmental Police in Brazil intercepted more than half a ton of processed and frozen shrimp in the town of Piçarras. The shrimp, lacking proper documentation...

The Emergence of 3D Printed Shrimp Technology

Steakholder Foods, an Israeli cleantech company, is venturing into uncharted waters with the introduction of 3D printed shrimp to its product range. The company, known for its...

Indonesian Shrimp Exporters Urged to Diversify Amidst US Trade Challenges

In light of ongoing challenges with anti-dumping and countervailing duties (CVD) in the United States, the Ministry of Maritime Affairs and Fisheries of Indonesia (KKP) is urging...

Vietnam’s Shrimp Industry Eyes USD 4 Billion Target in 2024

The Vietnam Association of Seafood Exporters and Producers (VASEP) is optimistic about the prospects of the country's seafood exports in 2024. According to their forecast, the industry-wide...

FTA Sparks Growth in Nicaragua’s Shrimp Exports

On January 1, 2024, the China-Nicaragua Free Trade Agreement (FTA) came into effect, heralding a new era of economic collaboration between the two nations. This landmark agreement...

Brazilian Shrimp Fishing Bounces Back After Devastating Drought

In February 2023, Lagoa do Peixe, located on the coast of Rio Grande do Sul, Brazil, faced one of its most challenging periods in history—a historic drought...

Strait of Sicily Faces Economic Turbulence with 3% Reduction Mandate

The recent EU Regulation 2024/259 has delivered a blow to the deep-sea shrimp industry in the Strait of Sicily, Italy. The regulation mandates a further 3% reduction...

Brazil’s Shrimp Season Nears Closure

In the Southeast and South regions of Brazil, the shrimp season is set to close on January 28th, lasting until April 30th. This temporary halt in shrimp...

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