India’s year-to-date shrimp exports through May 2023 were down 13 percent by value, with a huge drop in earnings from its value-added exports.
Between January and May 2023, Indian shrimp exports were valued at USD 1.8 billion (EUR 1.6 billion), with year-on-year valuations dropping 23 percent in April and 22 percent in May.
By volume, India’s shrimp export total was “less severe than anticipated,” according to
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High food prices led to lower food sales when adjusted for rapidly rising inflation in the U.K. in June, according to the British Retail Consortium.
Spending on food was up 9.8 percent in the second quarter in the U.K., but food prices were up 14.6 percent for food, meaning less food was sold overall. Non-food spending rose 0.3 percent in the quarter.
Despite Asda and Waitrose, Great Britain's third- and eighth-largest supermarket chains,
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Bergen, Norway-based Mowi harvested 107,500 metric tons (MT) of Atlantic salmon in Q2 2023, up from its guidance of 104,500 MT and above its Q2 2022 production of 103,000 MT.
Its Norwegian farms accounted for more than half of its total quarterly production at 61,500 MT, up from 60,000 MT a year ago.
In its Q1 2023 results, Mowi said it expected to harvest 104,500 MT gutted-weight equivalent (GWE) in Q2 2023, but it exceeded that figure
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The peak of Bristol Bay’s sockeye salmon run has past, and indications are the total catch will be lower than predicted.
Across Alaska, 42.3 million salmon of all types had been landed as of 13 July, according to the Alaska Department of Fish and Game. In Bristol Bay, ADF&G forecasted a run of 51 million sockeye in the Bristol Bay watershed in 2023, which would have made it one of the best years ever in the bay. But initial
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Tesco, Asda, and Morrisons are among the members of a business group investigating alleged mistreatment of migrant fishers in the U.K. fleet.
The Seafood Ethics Action Alliance, a U.K.-based pre-competitive organization whose members include 11 of the largest supermarket chains in the United Kingdom, collectively representing 95 percent of all retail seafood sales in the U.K., is looking into allegations – brought to light by The Financial
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Shrimp might be back on the menu for millions of people who suffer allergic reactions from eating the shellfish.
A peer-reviewed article published in the Journal of Agricultural and Food Chemistry, “Reduced Allergenicity of Shrimp (Penaeus vannamei) by Altering the Protein Fold, Digestion Susceptibility, and Allergen Epitopes” has found reverse-pressure sterilization can produce a less-allergenic roasted shrimp product.
A group of
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Tokyo, Japan-based NTT Corporation has created a subsidiary aiming to use artificial intelligence, IoT, and other information communications technologies to develop more efficient and sustainable aquaculture production methods.
NTT is one of the five largest global technology and business solutions providers in the world, serving 190 countries and more than 75 percent of Fortune Global 100 companies and thousands of other clients.
Launched 1
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Copenhagen, Denmark-based Coloplast is purchasing Isafjordur, Iceland-based Kerecis, which has developed technology that uses fish skin to perform tissue transplants.
Coloplast, a multinational firm that develops, manufactures, and markets medical devices and services, will pay DKK 8.9 billion (USD 1.3 billion, EUR 1.2 billion) in cash and an earnout potential of up to DKK 680 million (USD 101 million, EUR 91.2 million). Coloplast said it would
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Rospotrebnadzor, Russia’s consumer protection agency, will tighten supervision of imports of Japanese seafood if that country moves ahead with a plan to release radioactive water from the damaged Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean.
In a 7 July announcement, Rospotrebnadzor said it had concerns about potential contamination of seafood caught in Japan.
"In order to prevent water bio-resources and food produced of
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Hirtshals, Denmark-based Nordic Seafood recorded a DKK 82.5 million (USD 12.2 million, EUR 11.1 million) profit in 2022, up from DKK 80.1 million (USD 11.8 million, EUR 100.7 million) in 2021, but the company said it expects a more challenging year in 2023.
The seafood trading firm, which has been owned since 2006 by Japanese conglomerate Nissui Corp, overperformed in 2022, as it expected profit in the range of DKK 60 million to DKK 65 million
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