The streets of Beijing have been nearly empty over the past week amid a surge in Covid cases following China’s abrupt reversal of its zero-Covid policy.
Following widespread protests across China beginning in late November, the Chinese government moved to ease some pandemic-related restrictions on Wednesday, 7 December. China’s government is no longer requiring mass testing and has backed down from implementing mass
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A deal between two Chinese seafood firms have been flagged by a risk compliance consultancy for potentially coming under the U.S. Uyghur Forced Labor Prevention Act.
The law, which was signed in December 2021, bars entry to the U.S. market of any goods connected to Uyghur forced labor, an ethnic minority group in China. It was enacted in response to China’s suppression of the local Uyghur population, which includes allegations of
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Taiwan is threatening to elevate a dispute over a Chinese ban on Taiwanese seafood exports to World Trade Organization arbitration.
Nearly all Taiwan’s seafood exporters have reported their products have been blocked from entering China. Many reported being informed by Chinese Customs they were not in compliance with new labeling laws that came into effect in January 2022. Taiwanese seafood-trading firms were asked to fill out
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Chinese seafood executives are hoping for improvement in 2023 after a difficult 2022, a year during which Covid-related restrictions battered domestic demand.
Lin Xiaowen, general manager at Hainan Eternal Spring Fisheries Co., said business has gotten worse, not better, for her company through 2022.
“Quarter one and quarter two were good for the whole industry, for filleting, feed, and for farmers and exporters. But from the
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Irish fishing industry representatives want a fight with Norway over blue whiting quota to be moved out of the hands of European Union technocrats.
The fight stems from negotiations between the European Union and Norway regarding awards of fishing access to each other’s waters. Irish fishing officials have expressed concern the European Union will push ahead with a trade of blue whiting quota and access to Irish waters in exchange for cod
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Correction: The following companies were previously listed by SeafoodSource as shareholders of Pingtan Marine Enterprise, based on a Marketscreener report: Polar Asset Management Partners, AQR Capital Management LLC, Columbia Threadneedle Asset Managers, Fir Tree Capital Management LP, Deutsche Bank Securities, Bulldog Investors LLP, GLG Partners LP, Credit Suisse Securities (USA) LLC, and Castle Creek Arbitrage LLC. This list contains
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China’s per capita consumption of seafood has risen over the past eight years, and particularly as home consumption surged during the Covid-19 pandemic.
New data from the National Bureau of Statistics uggests that China is bucking a global trend of weaker consumer sentiment, even if the rise in seafood consumption is driven by newer trends like eating convenience-oriented products.
The data reveals per capita consumption of
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China’s customs body has signed protocols with the governments of Cambodia and Tanzania to allow wild-caught seafood from the two nations to enter China.
A statement from China’s General Administration of Customs said the protocol doesn’t cover live animals or wild species listed in the appendix of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
The seafood industry accounts for 8 to
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Seafood brands and retailers should share the cost of installing Wi-Fi internet connections on fishing vessels, according to a labor rights campaign group that has been pressuring the Taiwanese authorities to get that country’s large tuna fleet online.
"There are some concerns about increased costs to install Wi-Fi on vessels, however with improvements in satellite internet technology and planned government subsidies, these costs should be
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A state-controlled Chinese real estate company has abandoned plans for a listing of a 51 percent stake in its subsidiary engaged in distant-water fishing.
The initial public offering of the Zhuhai Haikong Ocean Fishing Co. was expected to raise CNY 27.3 million (USD 4.36 million, EUR 3.82 million) according to a prospectus issued by Gree Real Estate.
The stalling of Haikong’s IPO project follows the 2021 rejection of Asia Fishing
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