Peru seafood export plummet magnifies dependency on China
Peru witnessed a significant decline in its seafood exports in April, sending out just 48,700 metric tons worth $135.1 million, 68.7% less volume and 58.4% less value year-on-year
Rabobank: Demand, cost normalization means brighter H2 for aquaculture industries
According to Dutch lender Rabobank, a silver lining emerges in the second half of this year as demand for salmon and shrimp improves and costs normalize
Nissui to merge domestic bluefin tuna farming operations into new subsidiary
The Japanese seafood giant will integrate its domestic bluefin tuna operations under two subsidiaries into a new entity, Nissui Maguro Co.
China’s Yuehai Feed braces for H1 loss
Guangdong Yuehai Feeds Group cited extreme weather, a sluggish seafood market, and declining feed prices as reasons behind the weakening performance
Northwest region driving Russia’s aquaculture growth, says bank
The growth rates of the aquaculture industry in the Northwestern region have been twice as high as Russia's average, according to a major agricultural bank
China’s largest aquafeed maker posts bullish profit update
In a stock exchange filing, Haid Group said it forecasts net profit of between CNY 2.05 billion and CNY 2.20bn for the first half of 2024
NovoNutrients raises $18m to ferment CO2 into feed
San Francisco, US-based startup NovoNutrients has raised $18m to build a pilot plant that will grow carbon dioxide-eating microbes
AKVA completes acquisition of UK-based AI solutions firm
AKVA Group has acquired 100% of the shares in Observe Technologies to strengthen and complement its digital capabilities in aquaculture
China’s shrimp feed output jumps as market consolidates
China's production of shrimp feed reached 1.8m metric tons in 2023, a significant increase from 1.656m metric tons the previous year
NGOs urge Norwegian gov’t to ban fish oil sourced from West Africa
A significant share of the fish oil used in Norway's salmon sector is sourced from West Africa, contributing to food security in the region