Jason Holland

In the second quarter of 2024, the U.S. and China imported less shrimp than they did during the same period in 2023.

According to figures presented by Global Shrimp Forum Managing Director Willem van der Pijl at the 2024 Global Shrimp Forum (GSF), held recently in Utrecht, Netherlands, China has imported less shrimp year over year four quarters in a row. That trend continued into July this year, with imports by volume down 8 percent on the

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The global shrimp industry has been struggling with downward trade, price, and consumption trends, but there are still plenty of positive supply chain patterns and opportunities to attract crucial investments in the sector, finance experts told the 2024 Global Shrimp Forum (GSF).

Speaking at the GSF’s “Finance and Investment Summit,” Rabobank Managing Director of Corporate Finance Reinier Henneman said though the sector’s

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Amid falling domestic demand China’s shrimp production volume is nearly stagnant, according to Luca Micciche, aquaculture technical director and business development manager at Cary, North Carolina, U.S.A.-based Verdesian Life Sciences.

Leading a discussion at the 2024 Global Shrimp Forum – held in Utrecht, Netherlands, in early September – Micciche said that over the last four or five years, the growth of China’s shrimp

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The U.K.’s seafood industry has begun taking steps to battle the effects of climate change. But for the sector keep pace with the rapid pace of environmental changes brought on by global warming, focusing on factors like stakeholder behavior may be key, according to Seafish Head of Horizon Scanning and Long-Term Issues Angus Garrett, who is the co-author of a new report on the topic. Titled “Climate change risk adaptation in U.K. seafood:… Read More

The Global Shrimp Council (GSC) has announced a marketing campaign aimed at getting more people to eat more shrimp, starting with the U.S. market.

The GSC was founded in 2023 to create a unified industry effort to significantly change market dynamics for shrimp, he said. It hired Miguel Barcenas, the creator of the highly successful “Avocados from Mexico” promotional campaign, to lead an effort to create a global shrimp

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Reykjavik, Iceland-headquartered Iceland Seafood International (ISI) posted lower sales but higher profits in the first half of 2024, following up a tough 2023 that resulted in the firm declaring the need for a strategic pivot going into this year.

For H1 2024, ISI recorded group sales of EUR 212 million (USD 234 million), representing a 5 percent drop compared to the same period last year. Its H1 report advised that this decline was primarily

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A new investigation from the British Broadcasting Corporation (BBC) has accused a Scottish fishing firm, as well as its associated companies, of engaging in human trafficking and modern-day slavery onboard its vessels operating in U.K. waters.

According to maritime charity Stella Maris, this investigation has exposed the need to significantly speed up the prosecution of rogue fishing companies and, thereby, support exploited and abused foreign

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Bakkafrost Group reported year-over-year increases in revenue and operational EBIT in Q2 2024, but a 28-day workers’ strike in the Faroe Islands that ran through 9 June impacted the company in the period.

Delivering the group’s latest financial report, Bakkafrost CEO Regin Jacobsen said the strike – the first on the islands in 20 years – led to 4,000 metric tons (MT) of Bakkafrost’s salmon being harvested

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Bodø, Norway-based salmon-farming firm Gigante Salmon increased its financing by approximately NOK 361 million (USD 34.2 million, EUR 30.7 million) in the second quarter of this year, bolstering its coffers before its first harvest is scheduled to take place in 2025.

Delivering its Q2 2024 report on 20 August, the company confirmed it secured NOK 120 million (USD 11.4 million, EUR 10.2 million) in long-term financing from SpareBank 1

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