US shrimp imports finish first half down by 3% after rough month of June
The US imported 351,025 metric tons of shrimp worth $2.7 billion during the first six months of the year, 3% less volume and 10% less value than the first half of 2023
US rejects Vietnam’s bid for ‘market economy’ recognition
The Vietnamese seafood sector had been hoping a change in its trade status with the US could pave the way for easier exports
Indian seafood exports up 30% in last five years
Data presented by India's ministry of commerce and industry recorded the total value of Indian seafood exports at INR 610bn for 2023/24
Thai Union’s petcare biz key as profitability highest in years
The company's gross profit margin was 18.5% in Q2 2024, thanks also to improvements in the value-added category and following a 'full rightsizing' in the frozen category
Atarraya plans big land-based shrimp farm in Northeastern US
Undercurrent News reported in March how Atarraya was shifting its business strategy to focus on the domestic market
Week 32 Indian shrimp prices stabilize, fall in Vietnam, Indonesia
The recent rise in shrimp farm-gate prices in India to a four-month high has lost steam, while prices fell in Vietnam and Indonesia, according to Undercurrent's latest round-up of major producing countries
Low prices cause ‘unprecedented crisis’ for Peruvian shrimp farmers
The current market situation could lead Peru's shrimp farming sector to 'levels of disappearing from the productive activity in the country' -- Peru's National Association of Aquaculture
Mitsui posts $1.3m profit from first year of 20% stake in Santa Priscila
The Japanese conglomerate Mitsui & Co. registered the first equity profit of JPY 200m from the minority stake in Industrial Pesquera Santa Priscila it acquired last year
India’s vast potential makes it clear target for Global Shrimp Council
Indian e-commerce platform FreshToHome and foodservice chain Zhingalala Restaurants have seen growing domestic demand for shrimp held back only by limited cold chain infrastructure
Dutch firm De Heus opens new R&D facility in Vietnam
Located on a 5.5-hectare R&D aqua farm in Vinh Long Province, the new facility features two advanced systems designed to develop nutritional innovations for crustaceans and marine species such as Asian seabass