Cliff White

Bangladesh’s seafood trade group is reporting a drastic decline in national shrimp production due to higher costs, drought, and disease.

Bangladesh’s main shrimp aquaculture region Khulna exported 19,900 metric tons (MT) of shrimp in the 2022-2023 fiscal year, which ended in March. That was down from 24,100 MT the previous year, and down from the record of 39,706 MT in 2016-2017, Seafood Network Bangladesh reported.

“Many

Redondela, Pontevedra, Spain Nueva Pescanova has hired Jorge Escudero Hurtado as its new chief executive officer.

Escudero replaces José María Benavent, the company’s executive chairman, who filled in on a temporary basis after Ignacio González stepped down in June 2023. González was hired in February 2016 and led the company back from a bankruptcy filing and a drawn-out fight with the major

Hurricane Idalia made landfall on Wednesday, 30 August in rural Taylor County, Florida, U.S.A., about 90 miles southeast of the state capital at Tallahassee, as a category 3 storm with sustained wind speeds of 125 miles per hour, before dropping to category 2 as it moved northeast overland toward the U.S. state of Georgia.

The state widely avoided major catastrophe, but one of its hardest-hit communities was Cedar Key, home to several

Discount supermarket chain ALDI has settled a class-action lawsuit arguing “dolphin safe” claims made on some of its tuna products equated to false advertising.

The settlement, submitted for approval on 23 August, ends a case that alleged ALDI advertised some of its tuna as “dolphin safe,” even though some of the fisheries from which the chain sources its products use methods that endanger dolphins.

Additionally, the

A spokesperson for Nueva Pescanova has denied his company is facing a cash crunch that is threatening Cooke’s interest in acquiring the Redondela, Pontevedra, Spain-based vertically integrated seafood firm.

On Thursday, 31 August, El Confidencial reported Cooke had broken off negotiations with Pescanova’s owner, Abanca, after a report from financial service firm EY discovered a large cash shortage and shortcomings in financial

Two of Australia’s largest supermarket chains are set to report stronger full-year earnings.

Woolworths Group and Coles Group, which together account for two-thirds of Australia’s grocery sales by value, each posted higher year-over-year profits.

On Wednesday, 23 August, Coles reported a 4.8 percent increase in full-year profit to AUD 1.1 billion (USD 712 million, EUR 652 million), on AUD 36.75 billion (USD 23 billion, EUR 21

Japan is considering the delivery of additional financial aid to the country’s seafood industry and the filing of a World Trade Organization complaint in response to China’s seafood import ban issued after it authorized the release of radioactive wastewater from the damaged Fukushima Daiichi nuclear power plant.

On 24 August, the day of the water release, China issued a complete ban on all Japanese seafood imports. On 25 August,

The Kingfish Company’s effort to build a recirculating aquaculture system farm to grow yellowtail kingfish in the U.S. state of Maine got a boost 29 August with the dismissal of an appeal of the approval of one its permits.

The appeal from the Roque Island Gardner Homestead Corporation and Eastern Maine Conservation Initiative sought to overturn the Maine Board of Environmental Protection’s granting of a Site Location of Development