loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Fishing

China’s CNFC gets subsidy hike, still suffers loss

In 2021, CNFC Overseas Fisheries received a total of CNY 117m in subsidies from its controlling shareholder, China National Agricultural Development Group

By Lewis Hu | Jan. 27, 2022 18:33 GMT
China National Fisheries Corporation (CNFC)
At Seafood Expo Global 2017. Credit: Miriam Okarimia/ Undercurrent News
Related

China’s CNFC gets another subsidy taking year total to over $18m

China National Fisheries Corporation (CNFC)

CNFC plans $63m capital raise to expand overseas tuna fleet

China National Fisheries Corporation (CNFC)

US seafood industry cautions Biden against last-minute national monument proclamations

California Dungy crab season delayed again over whales, high toxin levels

Dungeness Crab on display

Red Lobster sees increased sales after new menu launch

free read Maine lobster boat tracking lawsuit dismissed by judge

AdvertisementX

Chinese state-owned fishing company CNFC Overseas Fisheries has forecast a loss of some CNY 80-90 million ($12.6m-14.2m) in 2021.  [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Heavy winds to delay opening of Canada’s biggest lobster fisheries for days

Japan’s Aomori aims to double Mutsu Bay scallop exports by 2034

Survival of Alaska’s ranked choice voting good news for seafood champion Murkowski

Norway salmon spot prices keep climbing as farmers hold back, taking Scottish, Chilean up too

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.