A Chinese company specializing in water treatment has set up a new subsidiary catering to the aquaculture industry. Guangdong, China-based Bi Wo Feng (it also uses the English name Bio-Form Biotechnology Co.) has established Bi Wo Feng Fisheries Industry (Guangdong) Co. with backing from a local venture capital house Wei Dao (Guangdong) Investments ...
Photo courtesy of
… Read MoreCOVID-19-related lockdowns have dampened demand for consumer goods, including food, in China, while also delaying shipments and thus adding to inflationary pressure internationally, according to a report by French investment bank Natixis ...
Photo courtesy of
… Read MoreCalysseo’s plant in Chongqing City, China, is now operational and will produce 20,000 metric tons of FeedKind aquafeed annually. Calysseo is a joint venture between animal feed additives firm Adisseo and protein innovator Calysta, announced in February 2020 …
Photo courtesy of
… Read MoreAn entity set up by China to deepen ties with Latin America is delivering an aquaculture training program in Guyana.
The China-Caribbean Development Center is coordinating the program, taking place online, which seeks to offer training in marine cage aquaculture to Guyanese fisheries officials.
The center’s director, Liu Ruiling, attending the launch of the program, along with officials from the Chinese province of Shandong and the city of
… Read MoreYantai CIMC Raffles Offshore Limited (CIMC Raffles) is partnering with the Shandong Ocean Group, the Guoxin Development Group, and Chinese several research institutions and universities to create an industry cluster producing equipment and seafood worth “hundreds of billons of yuan” annually ...
Photo courtesy of Yantai CIMC Raffles Offshore
… Read MoreAn oyster company in China’s aquaculture belt has announced what it claims is the country’s first carbon offset credit.
The Ocean and Fisheries Bureau in the city Weihai, Shandong province, announced the signing in mid-June of an agreement between authorities in Wendeng county, a Rushan oyster production cooperative, and the China Life Insurance firm to create a system of indexes for wind, wave height, and other natural conditions,
… Read MoreA giant industrial park being built in southern China by Louis Dreyfus Company (LDC) will house several food-manufacturing facilities and a “high-tech ecological aquaculture” facility, according to the company.
The Fuling Food Industrial Park is now under construction in Nansha, Guangzhou, China and will be completed in 2023. The facility is being built as part of a joint venture between Louis Dreyfus, the Donlink Group, and the
… Read MoreChina’s Commerce Ministry is circulating an explanation of the World Trade Organization agreement limiting harmful fishery subsidies.
The circular issued by the Chinese Commerce Ministry, issued to provincial government offices overseeing distant-water fleets, urges them to “exercis[e] restraint in subsidizing fishing activities for flag-changing vessels and fish with unknown population status.”
The WTO deal will have
… Read MoreFinancial services giant KPMG has entered the sustainable seafood initiative in Hong Kong, backing WWF’s B2B-focused campaign on sourcing.
WWF has dropped its annual scorecard ranking Hong Kong retailers for efforts to improve sustainability and has launched a new Sustainable Seafood Business Membership Program, funded by the KPMG Foundation.
The program aims to increase the accessibility of sustainable seafood by linking suppliers,
… Read MoreThe Marine Stewardship Council is making a concentrated push to certify Chinese retailers’ private-label offerings.
MSC has partnered with retailers Hema and Aeon for the launch of new lines of private-brand products ...
Photo courtesy of
… Read More