Watch: Ecuador’s Gabriel Luna gives insight on shrimp stats, forecast for 2024
Gabriel Luna, Ecuadorian shrimp farmer and the owner of GLuna Shrimp, comments on 2023 full-year figures and brings Undercurrent News up to speed on the highlights so far this year for the sector
Venezuela’s largest shrimp firm hires Ecuadorian veteran
Grupo Lamar has appointed Juan Fernando Gomez-Behr, Expalsa's former commercial director, as its new director
US sees overall seafood import values drop 15%, trade imbalance tighten
'The market basically ground to a halt around April, and prices began dropping. Everyone had to find ways to get inventory moving, and everybody was chasing the market down' -- Todd Clark, Endeavor Seafoods
Prices for small Thai vannamei shrimp rebound as 60-counts continue flat
Prices for 60-count shrimp in the country stayed flat at THB 135/kg for the third consecutive week
Vannamei shrimp prices continue rising throughout Indonesia
Farm-gate prices for large head-on, shell-on vannamei in Indonesia's main farming regions rose or remained flat also during the week of Feb. 12-18
Thai Union records $15.3m loss from Red Lobster’s final quarter on books
Thai Union incurred a one-off charge of $530 million in order to exit its stake in the loss-making restaurant chain
US Dungy crab harvester files class-action suit over high marine fuel prices
'While the CEOs of these oil companies are lining their pockets, I'm out here counting pennies to figure out how to just make a living' -- John Mellor, California Dungeness crab fisherman
Next North Atlantic hurricane season could start months early
Sea surface temperatures reached a level unheard of for February earlier this month: 1 degree Celsius above what's typical, and more akin to June than February
Japan’s Marubeni merges trading function into domestic wholesaler Benirei
Benirei is Marubeni's domestic seafood wholesale arm, which generated a revenue of JPY 90.7bn, or $605m, for the fiscal year ending March 2023
Nissui aims to increase global aquaculture sales to $670m by 2030
Nissui's net sales from aquaculture for the 2022 year, which ended March 31, 2023, were JPY 70bn, so the JPY 100bn target would be an increase of 43%