A firm producing frozen seafood snacks and convenience food has turned in a record performance for the first half of the year, thanks to demand prompted by the COVID-19 lockdown.
Fujian Haixin Food Co. Ltd. is projecting profits for the first half of 2020 of between CNY 40 million and 50 million (USD 5.6 million and 7 million, EUR 5.2 million and 6.5 million), a year-on-year rise of 470 to 612 percent and well ahead of earlier… Read More
A Chinese crayfish producer and processor is leaning on the Best Aquaculture Practices certification it recently secured to give it an edge in a hyper-competitive marketplace at home and abroad.
The Global Aquaculture Alliance (GAA) recently announced that Deyan Aquatic Products & Food Co. Ltd. had become the world’s first company eligible to offer crayfish with the two-star Best Aquaculture Practices (BAP) certification.
“BAP… Read More
Demands for better food chain transparency triggered by the coronavirus are being seen as an opportunity for two providers of blockchain supply chain management solutions targeting seafood clients in China and globally.
Camberwell, Victoria, Australia-based Two Hands has opened an office in Shanghai in order to lure Chinese clients to its solutions. Oslo, Norway-based SeafoodChain AS, meanwhile, wants to expand its Unisot suite of blockchain… Read More
One of China’s big distant water players has received USD 3 million (EUR 2.67 million) in compensation for a tuna reefer damaged in the Pacific late last year.
Shandong Zhonglu Oceanic Fisheries Co. has gotten the pay-out from the Qingdao office of China People Insurance Co., as well as USD 118,672 (EUR 105,618) from the China Fishing Vessels Mutual Insurance Association, as compensation for a fire that damaged its fishing vessel, the… Read More
Hygiene is an increasingly important factor in the seafood processing sector, according to Ulf Groenqvist, the owner and CEO of Färjestaden, Sweden-based seafood processing equipment-maker SEAC AB, which specializes in machines processing small fish. Its machines are capable of processing 70 to 100 fish per kilogram at a speed of more than 300 fish per minute.
In response to rising demand, especially from Asia, SEAC AB has redeveloped and… Read More
The impact on seafood sales in China of the false linkage between COVID-19 and imported salmon, triggered by an outbreak that began at a Beijing seafood market, will be “temporary,” according to analysts of the Chinese food market ...
Photo courtesy of Amar… Read More
China’s leading online-offline retailer of seafood is running a “buy national” seafood for the Dragon Boat holiday, which commenced 25 June.
Hema Fresh, which is controlled by online commerce giant Alibaba, stressed the local provenance of the seafood in a marketing campaign running through the weekend of 27 June.
Hema, which has long championed imported seafood as a clean, safe product, said its campaign is merely to… Read More
The World Trade Organization (WTO) has released a new draft document intended to serve as the basis for forward progress on a deal on eliminating harmful fishery subsidies.
The negotiations, which have a completion deadline of the end of 2020, have been stalled due to disagreement between fishing nations and the global COVID-19 crisis.
Ambassador Santiago Wills of Colombia, who is chairing the talks, released a draft text he intends will serve… Read More
The Andoni Fishing Port and Processing Zone, under construction in a coastal region of Rivers State, is being billed as the first of its kind in West Central Africa’s Gulf of Guinea.
The new port will trade in species like mackerel, herring, tuna, and croaker, as well as crustaceans, nearly all of which will be destined for the export market. The 2,500-hectare site, incorporating a fishing port, processing facilities, warehousing zones,… Read More