Mark Godfrey

China Harbor Engineering (CHEC), a state-owned construction company based in Beijing, is seeking to secure a contract to build a fishing port and processing center in the West African country of Guinea, becoming the latest Chinese company attempting to cash in on African infrastructure projects.

CHEC recently held negotiations with Guinea Minister of Fisheries Fatima Camara to work on redeveloping the fishing port in the western city of

… Read More

China recently announced that it will once again allow for the import of live lobsters from Australia – more than four years after exporters of Australian rock lobster lost access to the Chinese market due to trade tensions between the two countries.

In response to the news, Australian rock lobster companies are aiming for their products to be back on Chinese tables for New Year festivities taking place at the end of January 2025.

Marc

… Read More

Oslo, Norway-based krill-fishing and biotech company Aker BioMarine has increased its sales in China by 60 percent year over year in the first three quarters of 2024. 

This growth has occurred during a time of change at Aker, which recently sold a 60 percent stake in its fishing and feed ingredients business to private equity firm American Industrial Partners, planning to now focus on consumer-facing products.

While Aker has found solid

… Read More

Icelandic Ambassador to the World Trade Organization (WTO) Einar Gunnarsson, who has been chairing negotiations on a deal to end harmful fisheries subsidies around the world, has signaled that he will step back from his role in the talks if delegates can not agree on a deal before the year ends.

Gunnarsson recently said at the WTO headquarters in Geneva, Switzerland, that he hopes a draft text aimed at limiting subsidies that lead to

… Read More

One of China’s fastest-growing grilled fish restaurant chains has opened its first store in the nation’s capital of Beijing.

Kaojiang Spicy Grilled Fish recently opened a new outlet in the Joy City malls in Beijing’s Chaoyang district. Founded in 2013, Kaojiang has 70 outlets nationwide and serves full, grilled, lower-priced fish, such as pangasius, perch, and tilapia.

Headquartered in the city of Chengdu in the province of

… Read More

China’s seafood trade sagged in the first three quarters of 2024 compared to the same period last year, with the performance of imports lagging during the period.

The country’s seafood imports amounted to 4.54 million metric tons (MT) worth USD 14.8 billion (EUR 14 billion) in the period, representing an increase of 1.2 percent by volume and 6.7 percent by value, respectively, according to the China Ministry of Agriculture and Rural

… Read More

China announced that the first shipment of Arctic king crab transported via a new overland route through Russia and Kazakhstan was successful.

The 20-metric-ton (MT) shipment traveled through the Barents Sea, Russia, and then through Kazakhstan into the northwestern region of Xinjiang, where it entered China in Jeminay County near the city of Urumqi. The trip took six days to transit through Russia and Kazakhstan before arriving at a trading

… Read More

Einar Wathne, a business advisor at aquaculture and feed firm Norsk Bioakva and an assistant professor within the Norwegian University of Life Sciences’ biosciences department, said he believes fish farmers and investors will soon begin playing a larger role within the fish feed sector. Wathne, who spoke recently at the IFFO - The Marine Ingredients Organization’s annual conference in Lisbon, Portugal, said that this will occur at the same… Read More

Mahdi Mesbahi is an export manager at Shrimpy Co., an Iranian shrimp production and exporting firm.  He recently spoke with SeafoodSource about how his industry relies on China and the domestic market for its sales, and explained the difference between approaching both markets.  Iran aims to export USD 2 billion (EUR 1.8 billion) worth of seafood and ship at least 2.6 million metric tons (MT) of seafood products by 2026, and Mesbahi outlined… Read More

Facing dwindling domestic demand and potential new tariffs in the U.S., some Chinese seafood firms have begun to cast their attention toward Southeast Asia.

Guangdon, China-based Guolian Aquatic and Guangdong Evergreen – a conglomerate which produces and processes fish, shrimp, and aquafeed, – have targeted Indonesia as a location that may be able to offer more consistently lucrative business.

Representatives from both firms recently

… Read More