The head of strategy has resigned from China’s troubled scallop supplier Zoneco (formerly Zhangzidao Fishery Group) at the same time as the firm has been the subject of criticism in a statement from the Shenzhen Stock Exchange where the firm is listed.
The company — China’s largest listed seafood firm by capitalization — has announced that Feng Yuming — who also held the titles of vice president and CEO in recent years — has stepped… Read More
Norway’s seafood exporters appear to have done good business in China last year, with solid growth in monetary terms even though volumes in some categories were down, according to a breakdown of data provided to SeafoodSource by the Norwegian Seafood Council (NSC), a body representing the industry.
Sales of salmon (whole, head-on, head off) totaled 8,876 metric tons (MT), up 14 percent from 7,609 tons recorded the previous year. In value… Read More
A major Chinese seafood processor has signed a deal to supply a leading online retailer directly with seafood to meet growing demand among middle-class consumers.
Zhejiang Ocean Family (also known as Dayang Shi Jia) has announced a “strategic partnership” with Womai.com, one of China’s leading ecommerce sites. The new deal has the potential to “shock the whole industry” and will bring “new vitality” to China’s seafood sector,… Read More
China’s leading shrimp-producing region reported modest growth in exports for 2014, as companies sought to increase sales in the domestic market. Seafood exports increased 1.3 percent year-on-year in value terms to USD 988 million (EUR 867 million), and in volume terms of 120,280 metric tons (MT) last year, according to official data released by the city of Zhanjiang in Guangdong Province. The region is home to leading processors and producers… Read More
Higher feed prices will put pressure on China’s seafood exporters in 2015, say industry experts. Feed prices increased by more than 50 percent in 2014 due to tighter supply of Peruvian anchoveta as well as a consolidation of local output. This scenario will continue through the first half of 2015, said a spokesman from the China Feed Network, a research service of the China Feed Industry Association.
International fishmeal supply remains… Read More
Creating a frozen seafood products alliance is a 2015 priority for China’s leading seafood industry body. In its list of goals for this year, the China Aquatic Products Processing & Marketing Association (CAPPMA) also commits the organization to “curb vicious competition” in the seafood processing sector.
At the annual general meeting of the body recently, 120 heads of CAPPMA branches around the country voted on a series of proposals,… Read More
Forget seeking out western seafood buyers: Increased sales in Southeast Asia are vital to China sustaining growth in its seafood exports. That’s the view of Li Shumin, a vice minister at the department of agriculture with responsibility for fisheries, who spoke recently at a conference on generating Chinese seafood brands and strategies for exports and online sales in Association of Southeast Asian Nations (ASEAN) countries.
“China in 2013… Read More
Ecuadorian seafood companies were in China last week courting new buyers in a new push for the China market, which could squeeze western buyers out of Ecuadorian supply lines.
A trade fair in a Beijing hotel on 7 January facilitated one-on-one meetings between 30 Ecuadoran companies and Chinese counterparts, according to the Ecuador embassy in Beijing and the China Aquatic Products Processing & Marketing Association (CAPPMA), a trade body.… Read More
Much was made last week by Chinese government officials of a 14.2 percent rise in annual household incomes for fishermen in the easterly province of Anhui, which has become a big freshwater production base. But the RMB 12,247 (USD 1,959) annual income reported for fishing (the figure includes those in aquaculture and wild catch) suggests China’s fisheries sector is a low-income domain.
It’s not surprising that so many Chinese have… Read More
Chinese fisheries officials are switching focus from building pelagic fisheries capacity to improving aquaculture yields in the latest blueprint for its fisheries sector.
As China gets set to lay out the priorities for aquaculture and fisheries under the 13th Five Year Plan, currently being drafted by government, a spate of end-of-year meetings hosted by the ministry of agriculture set the priorities China’s fisheries sector for… Read More