US seafood trade imbalance continues to grow in 2024
The total value of US seafood exports was 16% of the total value of US seafood imports during the first half of 2024, down from the 20% ratio seen in 2023
Tradex: EU buyers should secure long-term contracts before cod, haddock prices rise further
There is some current volatility in the European seafood market, particularly in southern Europe, driven by seasonal factors, Tradex noted in its latest report
Nissui says filleting can improve profits in Alaskan pollock, Chilean trout biz
The Japanese seafood giant aims to expand filleting operation in its subsidiaries, UniSea and Salmones Antarctica, says Nissui's directors
Slow tuna fishing, weak sales prices hit Dongwon’s Q2
The South Korean seafood giant saw sluggish fishing and lower prices for frozen tuna contribute to a 17% dip in operating profit year-on-year
Kyokuyo’s revenue, profits hit new record on robust earnings at home
The Tokyo-based giant posted a 20% decline in its overseas sales, impacted by China's blanket ban on Japanese seafood, however
Japanese scallop sector saw strong H1 exports to US, Taiwan, Southeast Asia
During the first half of 2024, the country's frozen yesso scallop raw material exports to Vietnam and Thailand grew significantly, while frozen meat shipments to the US and Taiwan also saw strong performances
Japan’s Sojitz targets 210% seafood business profit growth to $27m
The Japanese conglomerate intends to lift its seafood business net income to JPY 4bn within three years
Downward pressure on Bangkok skipjack prices with Manta set low
Prices for skipjack tuna raw material for delivery to Bangkok have edged down for August deliveries, with the expectation of a further drop in September due to lower level in Manta
Just under half of global tuna stocks now meet MSC overfishing standard
The latest report from the ISSF shows that 11 of the 23 major commercial tuna stocks are maintaining stock biomass levels, up from eight last year
South Korea’s overseas fishery registers 41% growth in Jan-May tuna catch
The East Asian country's overseas fishery caught 222,943t through January-May 2024, a 38% increase y-o-y, largely due to bumper harvests of tuna and squid