The Brunei-based subsidiary of Chinese seafood conglomerate Guangxi Haishi Food Co. has delivered a series of training seminars to fisheries officials and aquaculture firms in Brunei as it looks to commence export of sea bass to China.
The company, also known as Haishitong Fishery, established its Brunei operations in 2016, producing sea bass seedlings for its own use and for local sale. The company is soon planning to begin exporting
… Read MoreChinese seafood exports rose 10 percent by value in the first 10 months of 2022, even as traded volumes remained flat.
China’s seafood exporters have complained of weak demand, particularly in the European Union, due to inflationary pressure on consumers. China’s processors, meanwhile, have reported rising input costs and difficulties sourcing whitefish.
The impact of Covid on China’s economy continues to make itself
… Read MoreExecutives with a plant-based seafood analog producer and a developer of cell-cultured seafood said competition is heating up between the two types of products and their makers’ quest for funding.
China’s new preoccupation with food security and food price inflation are potential game-changers for alternative proteins producers in the country, according to Stephanie Fong, a spokesperson for Green Monday, the parent company of Hong
… Read MoreAustralia has provided AUS 2 million (USD 1.36 million, EUR 1.28 million) for a fund that will provide technical fisheries expertise to developing nations.
The funding comes as part of the World Trade Organization deal on fishery subsidies signed in June 2022.
The WTO is seeking USD 20 million (EUR 19 million) for the fund, which according to the Switzerland-headquartered international agency, “will be operated by the WTO with partner
… Read MoreThere’s been a surge in the share prices of Chinese stocks listed in Hong Kong and the U.S., a sign investors are optimistic China is beginning gradual shift away from its zero-Covid policy.
Following widespread protests across China over the past week, the Chinese government has moved to ease some pandemic-related restrictions.
Chinese stock markets rallied after China’s top health body said it will bolster a
… Read MoreHome to one of the world’s largest fishing fleets and tuna-processing industries, Taiwan has recently faced increased scrutiny of its labor standards for its distant-water fleet.
In an interview with SeafoodSource, Chih-Sheng Chang, director-general of the Fisheries Agency at the Council of Agriculture in Taiwan’s Executive Yuan, the country’s executive branch of government, discussed the government’s efforts to
… Read MoreThe Chinese organizer of a meeting of nations bordering the Indian Ocean has been rebuked by the Maldives for claiming it had sent officials to attend the event.
Organized by the state-run China International Development Cooperation Agency (CIDCA), the inaugural China-Indian Ocean Region Forum brought together representatives of 19 countries in the southwestern Chinese city of Kunming on 21 November, 2022.
But an official statement from the
… Read MoreThe recently introduced Uyghur Forced Labor Prevention Act, signed into law in the U.S. in December 2021, has relevance for seafood importers, according to a lawyer advising American seafood firms on compliance.
Jessica Rifkin, an attorney at Glen Burnie, Maryland, U.S.A.-based Benjamin L. England and Associates, said the law – which came into effect 21 June, 2022 – will impact the seafood industry despite the far-west location of
… Read MoreSingapore Crawfish is planning to build a 5,000-square-meter grow-out facility in the heart of Bangkok, Thailand.
The company’s Bangkok growout facility will feature the container recirculating aquaculture system (CRAS) produced by Hatch Hives.
Singapore Crawfish distributes crawfish fries from company hatcheries located in Malaysia and Singapore to contracted farmers, who then sell him finished crawfish back after a typical growing time
… Read MoreThe COVID-19 pandemic has prompted major shifts in Chinese seafood consumption patterns, favoring value-added products and pre-prepared meals for home consumption. And seafood companies are starting to respond by offering increasingly complex pre-prepared meal options – in effect, replicating restaurant meals.
Packaged convenience food – often referred to in Mandarin as prefabricated, became mainstream during COVID, according to
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