Financial services giant KPMG has entered the sustainable seafood initiative in Hong Kong, backing WWF’s B2B-focused campaign on sourcing.
WWF has dropped its annual scorecard ranking Hong Kong retailers for efforts to improve sustainability and has launched a new Sustainable Seafood Business Membership Program, funded by the KPMG Foundation.
The program aims to increase the accessibility of sustainable seafood by linking suppliers,… Read More
The Marine Stewardship Council is making a concentrated push to certify Chinese retailers’ private-label offerings.
MSC has partnered with retailers Hema and Aeon for the launch of new lines of private-brand products ...
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Historically high prices for headed-and-gutted cod and haddock, combined with expensive ocean freight rates and energy costs, are threatening the viability of China’s processing-for-reexport sector ...
Photo courtesy of Jinghai… Read More
Taiwanese tuna trawlers are staying put in port, according to an industry representative.
Tony Lin, project manager at the Taiwan Tuna Association, told SeafoodSource that depreciation of the value of the Japanese yen, alongside high oil prices and continuing COVID-19 safety and prevention measures” have “caused the operating costs of Taiwan distant fisheries to rise, affecting the willingness to operate and the decline in… Read More
Chinese consumers are facing soaring prices for imported salmon, and that may not be good for long-term market growth, according to Fan Xubing, head of the Beijing-based seafood marketing consultancy Seabridge.
Exports of fresh Norwegian Atlantic salmon to China increased 67 percent in value year-on-year between January and May 2022, even while dropping 11 percent in volume. That jump is part of a global surge in salmon prices as many global… Read More
Representatives of ocean-focused non-governmental organizations have issued a mix of praise and criticism of an agreement struck at the World Trade Organization to prohibit subsidy support for illegal, unreported, and unregulated (IUU) fishing and limiting fishing of overfished stocks.
The accord, agreed to on 14 June, ditched several parts of the draft text presented to ministers and was characterized by WTO Director-General Ngozi Okonjo-Iweala… Read More
A deal has been struck at the World Trade Organization on an agreement prohibiting support for illegal, unreported, and unregulated (IUU) fishing and banning subsidies for fisheries deemed to be overexploited.
The slimmed-down version of the deal omitted several parts of the draft text presented to ministers, but has been broadly welcomed by environmental non-governmental organizations tracking the long-running negotiations.
Isabel Jarrett,… Read More
Geneus Biotech, a Dutch genomics firm developing DNA and blockchain techniques to prevent fraud and mislabeling in the food and pharmacological sectors, has set up a subsidiary firm in Paris, France ...
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A last-minute push by India for a quarter-century transition period complicated the final lap of ministerial talks to clinch a World Trade Organization deal on ending harmful fisheries subsidies on Wednesday, 15 June.
Indian Commerce Minister Shri Piyush Goyal said a 25-year transition period was a "must-have" in any deal in order to protect “low-income” Indian fishermen.
A text submitted to ministers meeting at the WTO by the chair… Read More
Fisheries authorities in Ireland are warning about an influx of Pacific pink salmon putting the country’s critically endangered Atlantic salmon “on the verge of a very serious ecological crisis.”
Francis O’Donnell, the CEO of Inland Fisheries Ireland – a state body tasked with protecting freshwater fish resources – has appealed to anglers and the public to report any sightings of any Pacific pink salmon in… Read More