Supply & Trade
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The Vietnam Association of Seafood Exporters and Producers (VASEP) yesterday said its members are struggling to achieve this year's target of $4.25 billion in export revenues.
Truong Dinh Hoe, general secretary of VASEP, told the Saigon Times Daily that seafood exporters and producers face many difficulties caused by the shortage of capital and raw materials.
Vietnam earned more than $1.48 billion in seafood export revenue through May, with e… Read More
The Pacific Fisheries Management Council will vote today at its meeting in Foster City, Calif., on whether to adopt an individual fishing quota (IFQ) system for the commercial groundfish fishery.
Groundfish is the West Coast's most valuable harvest, worth $60 million at the dock last year. But some of the 80-plus species that comprise the groundfish classification are ailing, particularly some rockfish species.
In 2000, the U.S. Department of C… Read More
The Royal Thai government on Tuesday stressed its decade-long effort to eliminate forced labor and human trafficking as it addressed allegations of abuse at shrimp processing facilities in Thailand.
"We take any allegations of abuse very seriously," says Minister Kessiri Siripakorn, who heads the Royal Thai Embassy's Office of Commercial Affairs. "We want U.S. government leaders and the American people to know that we are making a concerted a… Read More
High Liner Foods of Nova Scotia today announced Keith Decker has been named president and COO of High Liner Foods USA, which includes the company's retail division and Fishery Products International in Danvers, Mass.
In 1995, Decker began working in sales management for FPI, which High Liner acquired last year. Since then, he has held a number of positions, including executive VP of sales and president and COO. Under his leadership, FPI experien… Read More
Vietnamese pangasius processors are borrowing money from the government to relieve farmers who are overloaded with too many fish and too few buyers. Farmers are stuck with approximately 170,000 tons of tra and basa, according to Thai Press Reports.
The government directed the Vietnam Bank for Agriculture and Rural Development (Agribank) to lend processors $57 million to buy the fish, however officials from Vietnam Association of Seafood Expor… Read More
Massachusetts yesterday approved a $13.4 million relief package for the state's fishing industry, which has been struggling due to soaring fuel costs and tightening fishing regulations.
Recent restrictions have reduced the days at sea and catch limits for fishermen, "all of which compounded to have a disproportionate impact on Massachusetts vessels compared to fleets elsewhere in the region," Massachusetts Gov. Deval Patrick said as he unveile… Read More
The Regional Department of Labor and Employment office in Zamboanga in the Philippines says its aquaculture training program includes some 200 families of former Moro National Liberation Front (MNLF) rebels in Siromon Island, East of Zamboanga City, in the province of Mindanao.
The MNLF is a Muslim separatist movement in the southern Philippines that has employed guerrilla tactics and violence in its campaign for the creation of an independen… Read More
The United Kingdom's Sea Fish Industry Authority (Seafish) has created a new retail seafood label to encourage Brits to eat fish twice a week, according to Specialty Food Magazine.
The label was created by the Seafood Fortnight steering group, where key industry representatives have been working together to maximize the impact of the message.
"We spent a lot of time developing the best layout and style for the labels and are confident we'v… Read More
Thailand's government announced a short-term plan to alleviate a price slump for shrimp, ending farmers' protests in six of the nation's southern provinces.
The short-term price guarantee for 10,000 metric tons of shrimp nationwide at 120 baht per kilogram was to take effect within 15 days, according to a report in The Financial Times.
Hundreds of shrimp farmers blocked a lane of a bridge in Songkhla province, demanding the government prov… Read More
The Vietnam Association of Seafood Exporters and Processors says Vietnam could bolster its seafood-processing industry if the government lifted tariffs on seafood imports, reports Viet Nam News.
At a conference this week, VASEP spokesmen Nguyen Huu Dung and Ngo Phuoc Hau said Vietnam could emulate or surpass China as the world's largest seafood exporter if tariffs of 10 to 20 percent on seafood imports were removed and the government invested … Read More