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Analysis May 21, 2024 6:08 PM
Red Lobster lays much of bankruptcy blame on former CEO Kenny, Thai Union

By Jason Huffman

'Certain operational decisions by former management have harmed the debtors' financial situation in recent years' -- Jonathan Tibus, CEO of Red Lobster Management

Prices May 20, 2024 10:57 AM
Week 20 shrimp prices stable in Ecuador, India but rise in China, Indonesia

By Louis Harkell and María Feijóo

Farm-gate prices for vannamei shrimp remained flat in two key production regions of Ecuador and India in week 20, but China and Indonesian levels were up 

Trade May 17, 2024 10:35 AM
Japan’s Nichirei focuses on eco-labeled seafood for higher profits

By Masahiko Takeuchi

The food giant has set a negative growth target for the seafood unit's revenue of JPY 50bn for the year 2024 in an effort to reduce the handling of low-profitability products

Vannamei May 10, 2024 9:56 AM
Sykes, Klaas Puul parent passes $400m turnover in ‘challenging’ year

By Tom Seaman

The acquisitive parent company of Sykes and Klaas Puul saw turnover rocket in its latest financial year, but its pre-tax profit took a hit from one-offs

Analysis May 6, 2024 1:47 PM
US shrimp imports a little better than flat in first quarter

By Jason Huffman

Shrimp prices continue to descend in the US, but volumes are keeping pace and even rising a little, based on the latest seafood trade data published by the National Oceanic and Atmospheric Administration

Vannamei May 2, 2024 10:08 AM
Indian online delivery platform Licious to build 500 stores

The meat and seafood service will open five physical stores in Bengaluru by June and increase the store count to 35-40 across two-three cities by the end of this fiscal year

India May 2, 2024 9:30 AM
Avanti, Devi, Sandhya Aqua top Indian shrimp revenue ranking

By Dan Gibson

Shrimp Insights has published a detailed report on India's largely opaque shrimp sector, which breaks down the revenue and production of the largest players

Prices April 30, 2024 10:31 AM
China, US pull up Vietnam shrimp exports again, but prices ease

By Neil Ramsden

Vietnam's export volumes are up quarter-on-quarter, but despite a strong proportion of those being value-added, export prices are still down

M&A April 22, 2024 10:15 AM
After tough 2023, Minh Phu targets 40% hike in shrimp export value

By Neil Ramsden

The Vietnamese shrimp business is aiming for a return to 2022 export revenues on higher volumes, while the long-term goal is to hit 70,000t of exports worth $720m

Trade April 19, 2024 10:07 AM
Human rights group urges Indian gov’t, shrimp sector to probe supply chains

By Neil Ramsden

After the SEAI questioned the methods and integrity of the Corporate Accountability Lab and the AP, the human rights group said, 'companies should not wait for reporters to expose their shortcomings'

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