Shiok Meats, a cell-based crustacean meat company headquartered in Singapore, has closed its bridge funding round to build an advanced production facility in the city-state …
Photo courtesy of Shiok… Read More
Vietnam’s shrimp sales improved in the first half of 2021 to most of its major markets, with the notable exception of China ...
Photo courtesy of Vietnam Association of Seafood Exporters and… Read More
Thai Union announced the launch of a senior, unsecured Sustainability-Linked Bond (SLB), which is already receiving high demand from institutional investors, on 21 July.
The duration for the THB 5 billion (USD 152 million, EUR 129 million) SLB is seven years, with an interest rate of 2.47 percent. The SLB was rated as “A+” with a “Stable” outlook by TRIS Rating Co., Ltd. on 16 July.
The bond, issued on 20 July, is… Read More
Between 1,000 and 1,200 containers of shrimp belonging to at least 50 Indian exporters are currently stuck in Chinese ports.
The containers, which each hold around 16 metric tons (MT) of frozen shrimp, are collectively worth INR 12 billion (USD 160.6 million, EUR 136.3 million), The New Indian Express reported on 21 July.
Half of the 50 exporters are from Andhra Pradesh, the largest shrimp-producing state in India. Their permissions to export to… Read More
Vietnam saw its sales of seafood to the E.U. rise in the first six months of this year, however, the new COVID-19 outbreak in the Southeast Asian country, along with impacts from its “yellow card,” are likely to slow down sales this month.
Vietnam exported seafood worth USD 486 million (EUR 412.8 million) to the E.U. from January to June, an increase of 20 percent year-on-year, according to Vietnam Association of Seafood Exporters… Read More
Singapore has announced the temporary closure of its primary seafood import hub, the Jurong Fishery Port (JFP), due to a COVID-19 cluster, forcing the city-state to switch to alternative supply routes to meet local demand.
About 30 percent of Singapore’s seafood imports is made through the port.
An announcement from Singapore’s Ministry of Health on 17 July said JFP would be closed for two weeks until 31 July for deep-cleaning… Read More
A COVID-19 outbreak in Vietnam is having a marked impact on the country’s seafood industry, with the processing capacity of shrimp and pangasius facility reduced by half and panic-harvesting taking place the country’s Mekong Delta region.
Vietnam was able to successfully contain the spread of COVID-19 last year while its competitors in seafood production, including India, Indonesia, Ecuador, and others, struggled with massive… Read More
Vietnam has emerged as one of the top trading partners in fishmeal and fish oil businesses given its rising domestic demand and increased export capacity, company and industry officials said this week …
Photo courtesy of Doidam… Read More