Russian caviar prices soar 70% on low catches
Prices have reached RUB 2,100- RUB 2,500 per kilo, says Kommersant
China assesses aquaculture project in French Polynesia
French Polynesian government says discussions with China’s Jingmin Fisheries have shifted focus from Hao atoll to Makemo
Dominican Republic bans shrimp imports from six countries
EMS fears prompt country to ban imports from China, Malaysia, Vietnam, Thailand, Bangladesh and Mexico
South Korea warns of red tide damage
The South Korean government has warned of growing destruction caused by a toxic bacteria in the water off the south and east coasts
US shrimp imports from Thailand dive 54% in June
Thailand drops to fourth on US June statistics of the top shrimp sellers to the US, as disease continues to hamper production
Gorton’s Q1 profit dives on ‘fierce price competition’
Sister companies Unisea, Empedes and Salmones Antarctica also had a poor quarter, while King & Prince and Pesantar showed signs of recovery
Nissui notes signs of recovery as net profit booms
Consumer spending is picking up, says company, as it reports a stable operating profit, and a much higher net profit, in first quarter of the year
Fish finger processor TST posts heavy Q1 loss
Fish finger processing venture Leuchtturm, which Japanese group Nissui has now divested to buyers including Pacific Andes, posted loss of approximately $4m in first quarter
Maruha Nichiro operating profit down 8%
World’s largest seafood company reports slide in operating profit as processed foods division hit by higher costs, as turnover rises
EU backs Vietnamese supply chain sustainability
The EU has contributed nearly €1.9m to a €2.4m sustainable pangasius supply chain project in Vietnam, launched in Ho Chi Minh City on Aug. 2