Shrimp ‘megafarm’ firm’s auditor resigns, quarterly revenues down
The resignation came shortly before Q2 results were published by Sino Agro Food, the Chinese firm behind the troubled megafarm project in south China
US shrimp imports saw second straight monthly drop in June
The US imported 49,400 metric tons of shrimp in June 2018, 8% less than the 53,455t it imported in June 2017
US city’s report on coming RAS salmon farm: Challenges but Nordic up to task
'Financing of the project is perceived to be feasible, but it will depend on the company's ability to present a good business case to potential investors.' -- Deloitte and Touche
US budget fix would give FDA 26% boost to handle seafood
'Well, if you eat enough of this stuff, aside from the fact that you could grow an extra ear or glow in the dark, you develop a resistance to antibiotics' -- Louisiana senator John Kennedy
Rating agency: Higher US anti-dumping fee won’t slow Indian shrimp exports
The rate hike will 'be absorbed across the supply chain' with Indian shrimp farmers feeling the most pain, a rating agency said
Indian shrimp exporter Nekkanti raises $30 million to go public
Nekkanti garnered $120.4 million in revenue in its most recently completed fiscal year and is building a fourth processing facility
Bangladesh shrimp exports fall for fourth straight year
The recent decline has the Bangladesh Frozen Foods Exporters Association asking its government to increase the size of subsidies paid to shrimp farmers
US’ anti-dumping fees, SIMP rules to slow shrimp imports from Vietnam
The Vietnam Association of Seafood Exporters and Producers is pushing its government to adopt proposals aimed at overcoming the US challenges
US salmon RAS farmer Whole Oceans hires Pentair veteran as CFO
Pentair Water veteran Eric Jacobsson has joined Maine recirculating aquaculture system farmer Whole Oceans as its chief financial officer
New Cargill shrimp aquaculture center in Thailand to serve as hub
The Bangkok center will be one of six such locations in southern Asia, the company says