Seafood’s largest operators in rough waters
US tuna's big three in legal trouble; Pacific Andes under regulators' scrutiny; High Liner's shares in free-fall; Young's on ropes: the last 12 months have been turbulent for some of seafood’s largest companies, with the outlook for the next year not looking much different
Siam Canadian’s Gulkin: Thai shrimp output could be 450,000t by 2018
Recovery in production of Thai shrimp coming in 2015, with level of between 400,000t-450,000t achievable in next two or three years, he says
Quoc Viet hopes supply contract with shrimp farming co-op is first step to ASC, Global Gap
WWF, Quoc Viet hopes contract with shrimp farming co-op is initial step for a responsible supply chain connecting farmers, producers and consumers
‘Premium’ seafood sellers remain optimistic despite China slowdown
Despite slowing economic growth in China, exporters of several high-end seafood products believe that their sales will remain solid
Vietnam’s shrimp exports sink 17.5% so far in 2015
Latest statistics from the Ministry of Agriculture and Rural Development show shrimp exports spiralled downwards 17.5% year-on-year to $4.13bn
Seafarms signs $1.4bn fundraising with Pareto
Norway-based investment bank believes the plan to industralize shrimp farming has similarities to the growth story of salmon aquaculture
Minh Phu reports Q2 loss
Vietnam’s largest shrimp processor Minh Phu reports loss in Q2, with turnover also in decline
Walmart, Costco shrimp supplier aiming high after $36m fraud scam
Vietnamese processor Phuong Nam maintains ambitious growth plans under the ownership of the banks its former chairman defrauded, as 25 bankers are sent to jail
Klaas Puul owner pulls sale to Morubel’s PE backer
Klaas Puul’s owners reportedly pull out of sale to Bencis Capital Partners, also said to be eyeing German shrimp firm Ristic
Zone management ‘can make aquaculture more investable’
Lenders are interested in the zone management standard under development as there is a feeling it can make aquaculture a safer bet for investors