Stevia Corp. is developing aquaculture products, expects it to become the company’s biggest earner long-term, with seafood veteran Andrew Kaelin appointed to advisory board
Category Archives: Asia
Nissui reports $50m annual loss
World’s second largest seafood company in turnover, Nippon Suisan Kaisha, slides into red with loss in year ending March 31, 2013 Continue reading
Shipping rates to increase on routes out of Asia
Fourth-largest shipping line in Europe hikes rates on routes from Asia to Europe and Americas, others expected to follow suit
US raises pangasius duty rates for Vietnamese exporters
The department of commerce has raised the duty rates for pangasius exporters to the US, which will increase the rates for most companies, after citing ministerial errors Continue reading
Seafresh, Surapon hit by shrimp disease, wage hikes
A range of seafood companies report impact of shrimp disease, as well as the increase in Thai minimum wage
Icelandic firms don’t expect quick benefit from China deal
Icelandic sources suggest free trade with China will not have a big impact yet, though one company disagrees
Thai Union hopes booming baht eases up in H2
Company says Thai government is watching development of baht closely as it clarifies its 54% profit drop for the quarter Continue reading
Minh Phu Q1 exports dive 9.7% in volume
Shrimp exports in the first four months of 2013 were down 9.7% in volume from 8,759.3 metric tons in the same period last year, and export value fell 12.5% from $107.1 million
US-listed Chinese fishing firm doubles fleet
Nasdaq-listed Pingtan Marine Enterprises saw its fishing business record 26% revenue growth, as it doubled its fleet to 40 vessels
Report: China’s ‘vast subsidies’ threaten Pacific fishing industry
Vast subsidies from Chinese government threaten the survivability of the fishing industry in the Western and Central Pacific Continue reading