Shrimp prices in Vietnam’s Mekong Delta region have been on the rise recently, but the shrimp sector is still facing significant challenges caused by the country's recent spike in COVID-19 cases …
Photo courtesy of abdul aziz bin… Read More
Brande, Denmark-based BioMar announced 6 October it has appointed Franck Bodin as new managing director of the shrimp feed unit that it acquired from Vietnam’s leading shrimp-breeding company, Viet-Uc Seafood Co., in March this year.
BioMar said Bodin is a “well-known profile in the Vietnamese aquaculture industry”. He founded the aquafeed company Tomboy, which was acquired by aquafeed and animal health provider Skretting in… Read More
European Commission inspectors will hold a virtual meeting with officials of Vietnam’s General Department of Fisheries to discuss the country’s issues with illegal, unreported, and unregulated (IUU) fishing on 27 October.
Originally, the E.C. was planning to send a delegation to conduct inspections, but that visit has been canceled due to the COVID-19 pandemic, the Lao dong newspaper reported 5 October, citing an interview with… Read More
Bangkok, Thailand-based Charoen Pokphand Foods (CP Foods) is working on a scheme to raise its ownership in CP Pokphand (CPP), its Hong Kong-listed arm, which has aquafeed and livestock operations in Vietnam and China.
CPF currently holds 49.74 percent of CPP, with Japanese trading company Itochu holding 25 percent. The remainder is owned by private individuals and traded publicly.
According to a recent filing submitted to the Stock… Read More
Shrimp exporters in Thailand are coping with an increase in shipping costs, even as they experience high demand for their products during the upcoming holiday season ...
Photo courtesy of Ai… Read More
Thai Union European subsidiary Européenne De La Mer has announced it will be closing its smoked salmon factory in Dąbrowa Chełmińska, near Bydgoszcz, Poland.
The move comes three years after Thai Union closed its subsidiary salmon smoker Edinburgh Salmon Company in November 2018.
Européenne De La Mer supplies salmon and smoked fish products for European market.
The closure of the Poland plant comes as it faces heavy losses… Read More
Vietnam saw its pangasius export value and production decline so far due to strict lockdowns to curb the COVID-19 outbreak in the southern region, according to Vietnam Association of Seafood Exporters and Producers (VASEP) on 30 September …
Photo courtesy of… Read More
Singapore-based Barramundi Group has reported a loss in the first half of this year despite a growth in sales, following its initial public offering in August.
Its 2021 first-half loss was SGD 6 million (USD 4.4 million, EUR 3.8 million), a setback from the net profit of SGD 432,083 (USD 318,530, EUR 272,593) it earned H1 2020, according to the company’s financial report released 29 September.
The company said because of the restrictions… Read More
Growthwell Foods, a Singapore-based producer of plant-based alternatives for meat and seafood products, has raised USD 22 million (EUR 18.8 million) in a Series A funding round ...
Photo courtesy of Growthwell… Read More