The 'imminent' deal is expected to increase Australian seafood exports directly to China from about $30m to more than $600m a year

ZAR 2bn aquaculture farm outside Port Elizabeth in the Eastern Cape will farm abalone, and possibly also other species including finfish and seaweed

By Eva Tallaksen

Higher prices for fishmeal and salmon alongside bumper pelagic catches helped Chilean producer reverse losses of $25m into a profit of $9.3m in the first half of the year

Commercial divers in Marlborough have increased the minimum takeable size by 2 millimeters to 127m

Plan is to raise TMB 1 bn, at RMB 12.45 per share

Large players such as Zhangzidao Group and  Guolian Aquatic Products lead the way, as high export prices mean China has a trade surplus despite being a net importer

Import tariffs on abalone and rock lobster will be immediately eliminated with no phasing period