The World Trade Organization's Appellate Body yesterday upheld a previous ruling that the United States violated international trade law by requiring foreign shrimp exporters subject to antidumping tariffs to post a bond covering the tariffs' full amount.
The complaint was brought by Thailand and India, two of the six countries subject to U.S. shrimp antidumping tariffs. A WTO panel ruled in favor of Thailand and India in February, and the… Read More
Kiotech, a U.K.-based fish-feed additive producer listed in AIM, (Alternative Investment Market, a sub-market of the London Stock Exchange) has opened a regional branch in GuangZhou, the capital of China's GuangDong province and the center of GuangDong's aquaculture industry.
Kiotech produces Aquatice, a fish-feed additive that claims to increase farmed fish appetite and therefore reduces wasted feed.
Kiotech Director Mark Nicholls… Read More
EWOS Innovations Chile, the research arm of aquaculture conglomerate Cermaq, has opened a state-of-the-art research lab near Puerto Montt, the first such facility in Chile.
The nation's largest fish feed supplier will use the lab to combat diseases and parasites through feed formulations instead of drugs.
"If you want to be a big player in the salmon industry, you have to do research," Javier Gonzalez, general manager of EWOS Innovation,… Read More
A survey released today from The Nielsen Co. shows an increasing number of consumers are changing where and how they shop in response to rising gas prices. The survey, conducted in June, is based on responses from nearly 50,000 U.S. consumers.
Some highlights of the study include:
• Nearly two-thirds (63 percent) of consumers are reducing their spending, up 18 percentage points in the last year and up 14 percentage points in the last six… Read More
The U.S. manufacturer of The Lobster Zone claw game featured in about 300 restaurants nationwide is fighting back after PETA said the game is cruel to animals.
PETA (People for the Ethical Treatment of Animals) is urging restaurants to get rid of the machines, which are similar to plush toy games in which the user can use a claw to pick up the toy. About 300 restaurants across the country, including JD's Bait Shop Sports Grill in Greenwood… Read More
The cost of running an albacore tuna-fishing vessel, due to rising fuel prices, is threatening the livelihoods of West Coast fishermen, says the Western Fishboat Owners Association (WFOA).
Therefore, albacore (white) tuna fishermen are trending away from exporting their product and are tapping into the emerging domestic market for sustainable seafood, says the Portland, Ore., nonprofit group, adding that U.S. politicians must help the… Read More
The National Aquaculture Association will relocate its main office from Charles Town, W.V., to Pine Bluff, Ark., effective July 21. NAA has called Charles Town home since its inception in 1989.
The new office will be located on the campus of the University of Arkansas at Pine Bluff. Affiliated associations, including the U.S. Trout Farmers Association, the Striped Bass Growers Association and American Tilapia Association will also relocate… Read More
Whole Foods Market is requiring its farmed-seafood suppliers to undergo an independent, third-party audit against new internal aquaculture standards to ensure the product it sells is raised in an environmentally and socially responsible manner, the world's largest natural foods retailer announced today.
Whole Foods spent two years developing the standards, consulting environmentalists (including the Environmental Defense Fund of New York),… Read More
Maybe it's the latest rash of food recalls. Or maybe it's just that consumers are increasingly conscious of what they eat. Regardless, consumers seek greater transparency in food-product labeling, according to a survey released yesterday.
Administered by Deloitte Consulting LLP, the survey, which polled 1,110 consumers nationwide via the Internet, revealed that 42 percent of respondents want more information so they can make more informed… Read More
Maruha Nichiro Foods said yesterday that its second-quarter sales likely fell 8 percent, to $353.85 million, compared to the same three-month period last year, according to Asia Pulse.
The Japanese food conglomerate attributed the sales drop to the food-poisoning cases involving pesticide-tainted dumplings made in China and a drop in discount sales of canned products amid higher ingredient and raw material costs.
Maruha Nichiro Foods is a… Read More