India’s Gadre Marine looks to double turnover
Gadre Marine Export, one of the largest producers and exporters of packaged seafood in India, is aiming to double its revenue this fiscal year to around $160m
Heavy losses prompt UK shrimp firm Seamark to look for new markets
Importer and processor swung into the red in 2015, due to various economic factors and an oversupply of shrimp; NPD, new markets on the cards
Currency, trade deals could shift for US, Canadian firms following ‘Brexit’
Several US and Canadian seafood industry officials surveyed by Undercurrent News say that they see 'Brexit' as wholly negative in the short-term, but some see eventual positives
Canada LIFO northern shrimp industry decision to be announced soon
Dominic Leblanc, Canada’s new federal fisheries minister, is waiting on the findings of a survey that could affect northern shrimp quota allocation and will make a decision in July
India opens shrimp farming sector to overseas investment
India has announced new rules to allow 100% foreign investment and ownership in the fisheries and aquaculture sector
KKR continues investing in Asia aqua sector with $81m Japfa deal
After buying stake in Chinese feed firm last year, US investment firm is putting $81m into Indonesian farmer and feed firm Japfa
Camposol expects further profits at its shrimp farming division this year
Camposol says its shrimp farming business in Peru’s north, which it holds in a portfolio with avocado and fruit farms, will continue to boast good profit margins this year
Blueyou launches Minh Phu-processed black tiger shrimp in China
The international consultancy for aquaculture and fisheries launched the product, Selva Shrimp, on June 5
Vietnam takes little shift to up black tiger volumes in April
Data from Vasep shows exports of black tiger shrimp made up 33.5% of the month's sales, up $2m month-on-month
Ecuadorian shrimp prices to go even higher on booming Chinese demand
Ecuador’s shrimp exporters have seen one of the first price declines this year after Chinese buyers stayed away from a hot market. The lull will be short lived, says an exporter