US wholesale: Large drop in Ecuador shrimp supportive of market prices
Ecuador exported 86,071 metric tons of shrimp in October 2024, nearly 10% less volume than in September 2024 and 12% less year-on-year, final data shows
Venezuelan gov’t cancels export licenses for Lamar shrimp on water to overseas ports
Venezuelan gov't says ports in Asia, the EU and the US shouldn't import Lamar shrimp 'until new export permits issued,' after seizing the company's assets from the Rincon family
Brazil faces price challenge in bid for Chinese shrimp market share
Brazil's shrimp aquaculture industry is poised to enter the Chinese market in early 2025, though industry experts warn that success will hinge on price competitiveness against established exporters like Ecuador
Vannamei shrimp prices in East Java, Lampung lead latest drop in Indonesia
Vannamei shrimp prices in Indonesia have taken a new downturn in week 49, with average prices falling across all sizes
Prices for Thailand’s vannamei shrimp hold at peak levels
Farm-gate shrimp prices in Thailand remained stable during week 48, holding at elevated levels after a significant surge in the previous week
Week 49 farm-gate shrimp roundup: Vietnam leads Asian gains while Indonesia weakens
Vietnamese farm-gate shrimp prices surpassed the $5/kg threshold in week 48, leading broader market movements that saw continued strength across most major producing regions, according to the latest global round-up from Undercurrent News
India’s Captain Fresh on track to record first annual profit ahead of 2025 IPO
The B2B seafood chain startup is aiming to end FY 2025 with a profitable bottomline and $500m-$550m in revenue
CEO of Venezuelan shrimp giant flees country after coup plot accusation
Jose Enrique Rincon, owner and CEO of Venezuela's largest shrimp production firm Lamar Group, has been accused by the government of orchestrating a coup against president Nicolas Maduro
‘Offshore’ vs ‘open-ocean’ fish farming: Researchers settle difference to improve site management
Researchers clarify 'offshore aquaculture' by distinguishing between 'exposed' conditions and distance from the coast, believing that clear definitions will aid farmers, insurers, regulators and investors in making informed decisions
Venezuela’s Lamar Group bets big on Europe amid 100,000t production goal
While most seafood executives might hesitate to expand in Venezuela's turbulent economy, Lamar Group has a different view. It plans to double production to 100,000t in 2025 -- with consumers in Europe the cornerstone of its expansion strategy