Large Chinese processor defaults on additional $125m debts
Dalian Tianbao's total overdue debts now amount to $326m, based on an Undercurrent News analysis
US squid imports from China avoid 10% tariffs due to country of origin rules
US squid fishing companies which ship squid to China for cleaning and processing are currently not levied US import tariffs of 10% when they bring it back for domestic sale
Tilapia prices fall in China as US postpones 25% tariffs
Tilapia prices are once more dropping in China after US importers built up stocks ahead of expected 25% tariffs on March 1, say Chinese industry sources
Bumble Bee, US Foods settle tuna price-fixing lawsuit
No details of the settlement are given in a legal document filed on Feb. 25, in which both parties ask for documents filed under seal to remain so
Bumble Bee, Sysco settle tuna price-fixing lawsuit
No details of the settlement are given in a legal document filed on Feb. 14, in which both parties ask for documents filed under seal to remain as so
Vietnam expects $2.4bn pangasius exports in 2019
The value of Vietnamese exports is set to rise from $2.3bn in 2018 following increased demand for pangasius from China
Owing $136m, creditors circle major Chinese processor as lawsuits mount
At the height of China's stock market bubble in 2015 Dalian Tianbao Green Foods was worth a staggering $1.5 billion; today it is worth a fraction of that amid a lawsuit deluge
Chinese seafood tariffs stay flat, contrary to mainstream media reports
Bloomberg, Reuters and the Financial Times all reported China would cut import tariffs on over 700 products from most favored nation countries on Jan. 1, including 19 seafood items
StarKist reaches $20m settlement with Walmart over price-fixing claims
StarKist has entered into a settlement agreement with Walmart resolving all antitrust claims brought by the retailer over US shelf-stable seafood supplier's role in price-fixing cartel
China’s seafood imports balloon by 44% to $12bn in 2018
In 2018, China’s seafood imports grew by a massive 43.6% to $11.9 billion as the country continues to change the face of global seafood trade