Overall Norwegian exports to China were up 47 percent in value during the period from January to the end of May 2022 compared to same timeframe last year – even with a reduction of 4 percent in volume …
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… Read MoreA leading tuna supplier to the U.S. market said there’s a high likelihood of further price hikes to customers due to rising input costs.
Chinese tuna supplier Luen Thai raised prices 2.5 percent on headed and gutted (H&G) tuna in March 2022 to cover increased fuel costs …
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… Read MoreA prominent Chinese seafood processor that took issue with data in an academic report suggesting China's processing industry is mislabeling species to earn more money in the reexport industry is continuing to assert that the report uses flawed interpretations of data.
The report, authored by a joint U.S.-Norwegian group of academic economists and scientists, was released earlier this year. It claims that the Chinese seafood
… Read MoreShanghai’s port is set to return to normal in July following the recent COVID-19 related lockdown of the city, according to Landy Chow, the head of Siam Canadian’s China office.
Shanghai’s port has been disrupted since April, when the Chinese government decided to implement lockdowns in it and 22 other Chinese cities. The port, while operational, was facing severe interruptions due to limited manpower and increased inspections
… Read MoreChinese seafood processor and importer Dalian Rich Enterprise Group Co. has found a new hit in the domestic retail market with its convenience range targeted at home consumption ...
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… Read MoreA leading Chinese online retailer is targeting the “mother and child market” with a range of own-brand cod and salmon products on a new platform focused exclusively at health-driven products for infants …
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… Read MoreGuolian Aquatic announced the company plans to raise prices on some of its products to cope with higher costs.
Speaking on a popular Chinese investor relations portal, Guolian Aquatic Company Secretary Zheng Quan Zhi Xing said the company will be raising prices, even as research suggests that Chinese companies are seeking to make up for weak demand domestically by increasing prices on exports ...
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… Read MoreChina’s state media is suggesting the country’s government is keen to mend its relationship with Australia in the wake of a change in Australia’s national leadership, and in advance of the 50th anniversary of Australia’s diplomatic engagement with Beijing …
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… Read MoreAs negotiators prepare for the World Trade Organization’s (WTO) twelfth Ministerial Conference (MC12), set to begin on 12 June, there are signs of optimism about a deal to end harmful fishery subsidies.
China, meanwhile, has announced a seafood processing center under construction in the south of the country, which will be the world’s biggest “distant-water fish processing hub,” handling one million tons per year when
… Read MoreThe United States is at risk of losing its Asian seafood supply to Chinese buyers due to overly stringent import controls, according to Jerry Knecht, the founder of Portland, Maine, U.S.A.-based North Atlantic Incorporated.
Knecht, who sold North Atlantic Inc. to Slade Gorton in August 2021, now lives in Bali, Indonesia, where he formerly operated P.T. Bali Seafood International until selling his stake in the company in March
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