Turks and Caicos Islands announces huge shrimp farming investment
The islands off Cuba will invest some £125m over four years to create two operations, hoped to reap annual export earnings of over $200m
World’s top 100 seafood companies close in on $100bn turnover
Combined, the 100 companies on our ranking this year had revenues of nearly $100bn, up by $1.8bn from our 2013 report
Louisiana inshore white shrimp season to start Aug. 18
Louisiana authorities have decided to open the state’s inshore white shrimp season this year on Aug. 18
US shrimp startup looking for $1.7m from lender
Ohio-based Inland Shrimp Company is looking to lender financing for $1.7m to get a Midwest fresh-shrimp farm up and running
Midnight Friday last deadline for Russia-bound seafood ‘if you are lucky’
All containers of seafood and trucks of salmon that don’t clear Russian customs by midnight Friday will have to be sent back or diverted, even if they were ordered before the sanctions were put in place, Undercurrent News understands
Sources: Russia’s own plants will take big hit from ban not excluding processed seafood
Russia’s sanctions may be put in place to hit western raw material suppliers, but its own processors will suffer a big impact from the rushed sanctions that don’t exclude processed seafood, sources say
Russia bans seafood imports from EU, US, Norway, Canada, Australia
Fresh, frozen fish included as Russia bans agricultural imports from EU, US, Norway, Canada and Australia for one year, or until sanctions are lifted
Some hesitance seen in US holiday shrimp buying amid price volatility
The yearly increase in US shrimp purchasing ahead of major holidays has been marked by caution this year amid price volatility, but the market is nonetheless tightening
Vietnam’s H1 vannamei shrimp sales pass $1bn
In the first half of this year alone, vannamei shrimp exports rose 133% to $1.06bn, bringing total shrimp export revenues to nearly $1.8bn, up 62%
Nissui sees strong outlook on ‘global links’ as Maruha Nichiro plays catch-up
Although close to $3bn larger in overall turnover, Maruha Nichiro lags behind Nissui in international sales. It is making plans to catch up, however, as Nissui’s global links businesses contribute more profits to the group