Mark Godfrey is an Irish journalist covering the agriculture and fisheries sectors in Asia, with a focus on China. Proficient in Mandarin, he has frequently traveled across China's fisheries and aquaculture regions and learned the inner workings of China's corporate world during a nearly three-year stint at the Financial Times' “China Confidential” publication. He has also reported widely across Southeast Asia and the former Soviet Union. He has educational certificates in agriculture and food science, as well as Mandarin.
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Japan’s seafood exports to China, which crashed by nearly 25 percent in July – representing the first decrease in more than two years – will likely continue to plummet after Japan’s government made the controversial decision to release treated wastewater from the damaged Fukushima Daiichi nuclear plant.
In response, on 24 August, China implemented a ban on all Japanese seafood imports after the water release, severing
… Read MoreRising feed prices in China are putting pressure on the supply of key exports like tilapia, as producers have grown wary due to losses incurred from these soaring input prices.
Fishmeal prices in China rose by up to 40 percent in the first half of 2023, according to industry sources.
Landy Chow, who is based in Guangzhou and manages the Chinese offices of trading firm Siam Canadian, said tilapia farmers’ break-even cost of production is
… Read MoreChris Aurand is a Bangkok, Thailand-based open innovation leader at Thai Union Group and has a front-row seat to the innovation occurring Asia’s seafood industry. He will be speaking at the Asia Pacific Agri-Food Innovation Summit in Singapore from 31 October to 2 November and, in advance of that event, spoke to SeafoodSource about what’s emerging from the region’s seafood innovators.
SeafoodSource: There have been a bevy of
… Read MoreOceana, a Washington, D.C., U.S.A.-based environmental nonprofit, has described China’s self-imposed bans on its squid fleet as a PR stunt that does nothing to address overfishing, with analysis from the NGO finding that these annual bans avoid areas where Chinese vessels actually fish.
In 2022, China introduced a voluntary ban on squid fishing lasting from 1 July to 30 September in the high seas of the North Indian Ocean outside the
… Read MoreIrish fisheries representatives have claimed that Norway inflated its mackerel stock data to trade quota with the U.K. in a deal that, in addition to engaging in IUU practices, doesn’t include E.U. coastal member states like Ireland.
Norway State Secretary Vidar Ulriksen, a vocal opponent of Irish criticism, retorted that the allegations are “completely unsubstantiated and incorrect,” telling SeafoodSource that the press
… Read MoreThe continually worsening Chinese economy, amid increased scrutiny toward companies listed on stock exchanges, has prompted the cancelation of an initial public offering (IPO) listing from Ocean Family, one of the country’s most ambitious tuna and squid fishing and processing firms.
Zhejiang-based Ocean Family, also known by its Mandarin name Da Yang Shi Jia, recently canceled its listing on the Shanghai Stock Exchange after the
… Read MoreFollowing a recent ban on all Japanese seafood imports into China due to the controversial release of treated cooling water into the Pacific Ocean from the Fukushima Daiichi nuclear power plant, international seafood suppliers and domestic producers alike are lining up to fill the gap in supply.
China, including Hong Kong, bought 42 percent of Japan’s seafood exports prior to the ban, and the relationship was mutual, as Japan has
… Read MoreChina’s recent embrace of deepwater mariculture is generating massive opportunities for the country’s seafood industry, but it’s also presenting challenges for certification bodies, which are finding it difficult to assess these facilities properly.
China has been doubling down on deepwater offshore mariculture and pushing major expansions of the sector in recent years. Major state corporations, including Shandong Marine Group
… Read MoreChinese companies and multinational krill exporters alike are extolling the health benefits of krill oil, heavily marketing the product to China’s aging population as a cure to many of the demographic’s ailments.
This advertising push comes amid an outcry from environmentalists, stating that geopolitical tensions have prevented the further protection of already fragile Antarctic marine ecosystems where trawlers harvest the tiny
… Read MoreChinese seafood processors are sounding the alarm over fears of a supply glut, labor issues, high inflation, and weak demand.
They’re claiming they have experienced potentially irreparable damage from the Covid-19 pandemic, from which some fear they might never fully recover.
David Jiang, managing director at Unibond Seafood International, which sources seafood in China for European customers, is predicting a dire outlook for the sector
… Read More