Frustrated by sanctions, Russia suspends fisheries deal with Japan
Russia, which invaded Ukraine earlier this year, has been frustrated by Japanese sanctions
US container ship backlog dropping fast in major ports
Some ports have only a quarter of the backlog they had at the height of the pandemic or Ukraine troubles
Trade insights: Shrimp exports by top producers hit record 2.6m metric tons
The world's biggest seven shrimp producers -- Argentina, China, Ecuador, India, Indonesia, Thailand and Vietnam -- exported a record 2.57m metric tons in 2021
Trade insights: China’s frozen shrimp imports fall to lowest level in six months
China's imports of frozen warmwater shrimp fell to their lowest level in six months as lockdown measures in Shanghai and other parts of the country hit demand
Trade insights: Ecuador’s shrimp exports to China slip 20% in April
Ecuador's shrimp exports to China slipped back by 20% in April to 39,000t after the latter's coronavirus restrictions dampened demand
Ukraine war, pandemic killing diesel prices, shipping
'I don’t think anyone could cheerlead for an economic downturn to bring down prices but that would do it.' -- Patrick De Haan, petroleum analyst
Amid improvements, NOAA report shows overfishing still problematic
In a separate report also released May 12, NOAA said that in 2020 seafood consumption amounted to 19 lbs per capita on average, a 0.03% drop from 2019
US shrimp demand set to flatten as inventory glut increases
'I don't think the price could go up anywhere in the next three months, at least'--Kevin Tang, Sunnyvale Seafood Company
Trade insights: China’s Q1 warmwater shrimp imports rise 30%
China's imports of frozen warmwater shrimp increased by 30% to 174,000t during the first three months of 2022
By tweaking plan, California hopes to elevate its pink shrimp fishery
MSC certification for California would mean that its harvesters will be able to seek a higher price for pink shrimp