FAO: Fisheries, aquaculture production hit new global record in 2022
Global fisheries and aquaculture production hit 223.2m metric tons in 2022, marking the highest levels since 1950, according to the latest FAO figures
Health scare linked to fermented rice supplement impacts Japanese seafood
Health hazards caused by Kobayashi Pharmaceutical's benikoji red fermented rice mold supplements are hurting seafood sales in Japan
Chinese fishing giant falls to loss after internal restructuring
CNFC Overseas Fisheries attributed the $16.3m loss to increased loans and financial expenses after recent acquisitions of stakes in three sister fishing firms
US lender sues Altamar for $16m over missing payments
City National Bank of Florida alleges that Altamar Foods, in Fort Lauderdale, Florida, stopped making loan payments in October 2023
Argentina seafood sales see double-digit growth fueled by rising squid prices
Argentina saw its seafood exports increase in January 2024 by 25% in volume and 35% in value compared to the same period in 2023
Peru fishery sector sees year-end slump with exports down by over a third
Peru exported some 78,900 metric tons of fishery products worth $187.6 million in December, down year-on-year by 33.5% in volume and 30.9% in value
Peru squid fishing sector sees record-breaking 2023 as landings, sales soar
Peru's squid landings rose by 36% y-o-y to 621,852t, as did sales by 65.1% in volume and 43.1% in value to 439,400t worth $832.4m in 2023
Vietnamese body believes exports can hit $9.5bn in 2024
Data released by VASEP shows a robust start to the year, with seafood exports exceeding $1.3bn in the first two months of 2024, up 23% y-o-y
Peru fish landings see over 75% dip amid El Nino influence
Peru saw its wild-caught seafood landings fall year-on-year to 287,400t worth PEN 337.3m in December 2023
Falklands kicks off Patagonian squid season after encouraging survey results
The Patagonian squid market has seen favorable catches in recent years, leading to ample stock availability in the European market. A survey is being carried out to determine the start of the Falkland Islands fishing season