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Pescanova June 2, 2014 10:18 AM
Deloitte: Pescanova bankrupt since 2011

Pescanova kept its business open thanks to banking credit, a bond issuance at 8.75% rate, and a capital increase operation, says bankruptcy administrator

BRICs May 30, 2014 5:29 PM
Shrimp farming spurs all-time high Indian seafood exports

Marine product exports from India rose 42% to touch $5 billion, helped by rise in vannamei production and better infrastructure facilities

Thai labor May 29, 2014 4:38 PM
Thai Union plans further childcare centers for workforce

By Neil Ramsden

With one center already open and four more planned, company is committing THB 10m to educating immigrant workers' children during their time in Thailand

World May 29, 2014 9:44 AM
Shrimp supplier Uhrenholt Seafood notes strong growth in UK

By Eva Tallaksen

Danish coldwater and warmwater shrimp supplier attributes 2013 annual red figures to new legal structure, as it notes a strong development in UK cooked and peeled market

Shrimp EMS May 27, 2014 10:11 AM
Thai Union president sees shrimp raw material imports dropping

By Tom Seaman

Processor is not currently importing shrimp from other countries, because the price spread has closed and capacity is more in sync with raw material, says president

Shrimp EMS May 27, 2014 10:04 AM
Indonesian farmers report panic selling on falling shrimp prices

One farmer reports increasing panic selling and harvesting of smaller sizes, as another says prices are down 30-40% from last year. However, they added, the margins are still solid, and the drop is likely to be short-lived

Shrimp EMS May 26, 2014 3:45 PM
Thai ex-farm shrimp prices firm back up

Prices still below levels seen a few weeks back, but up from low of week 19, according to information from Undercurrent News sources

Companies May 26, 2014 8:38 AM
Analysts lower CP Foods earnings forecast, warn of challenges ahead

Jump in corn and soy meal costs will affect company in next two quarters, warned Asia Plus Securities

Analysis May 26, 2014 7:55 AM
Tier 3 downgrade prospect a chance to ‘raise standards’ in Thai shrimp business

By Tom Seaman

‘Even if we are lucky and we are not downgraded, we still have to fix this and clean up the industry,’ says Choopong Lueskprasert, MD of Thai shrimp processor Marine Gold

Shrimp EMS May 23, 2014 6:05 PM
Thai shrimp farmers willing to take lower profits to keep markets

By Tom Seaman

Farmers seem receptive to reduce prices 10-20% in order for Thailand to remain competitive in the market, exporter tells Undercurrent News

(5119 results)

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