Tagged: Shrimp

Vietnam fisheries sector grows 4.88% in H1 2026 as high-tech aquaculture drives expansion

Aquaculture production reached nearly 3 million tonnes in the first half of the year, with shrimp and marine farming posting the strongest gains.

Thailand, Malaysia resolve seafood trade dispute, target special economic border zone

The resolution ends a months-long dispute over sea bass and shrimp restrictions that had disrupted seafood trade between the two countries.

Saudi Arabia lifts shrimp import suspension on Indonesia after Cs-137 contamination controls verified

The ban, triggered by a US FDA alert over Cesium-137 traces detected in October 2025, was formally lifted on 24 May 2026 following an on-site inspection by US FDA that confirmed the effectiveness of Indonesia's corrective measures.

Minh Phu Seafood opens US$57 million shrimp processing plant in Vietnam's Ca Mau with 35,000-tonne annual capacity

The facility is the sixth processing plant for one of Vietnam's top shrimp exporters, adding highly automated production lines as Ca Mau targets further growth in its US$2.4 billion seafood export sector.

Vietnam's seafood exports reach US$5.8 billion in H1 2026 as China and US drive double-digit growth

Shrimp held the top position at US$2.3 billion, while crustaceans and shellfish posted the strongest growth rates in June, and the US market recorded a significant recovery after a period of stagnation.

Vietnam's shrimp farmers squeezed by rising feed costs and falling farmgate prices

Fuel-driven cost pressures are pushing aquafeed prices up 7-10% even as a seasonal supply glut drives shrimp prices to record lows in the Mekong Delta.

India's Andhra Pradesh shrimp farmers pivot to local sales as export disruption cuts prices

Rising freight costs linked to Middle East shipping disruptions have curtailed export activity from India's largest marine exporting state, forcing producers to offload stock at depressed domestic prices.

Thai Chamber of Commerce buys direct from shrimp farmers as Malaysia ban pushes prices down THB50-60/kg

Industry groups are purchasing more than 100 tonnes per day to stabilise domestic prices, while the Thai Shrimp Association warns farmers may reduce or suspend the upcoming production cycle.

Vietnam's Cam Pha cooperative achieves 7-9 harvests a year with covered high-tech shrimp ponds

The Quang Ninh-based operation reported over 300 tonnes of shrimp output in the first half of the year, using closed-loop, climate-resilient production technology.

Bangladesh sets $3 billion shrimp export target as sector battles decade-long decline

A government-backed strategy paper calls for dedicated Shrimp Economic Zones, intensive aquaculture technology and a shift to value-added processing to reverse a collapse that has seen export earnings fall from nearly $1 billion to below $300 million.

Thai Shrimp Association urges government to rescue industry as disease costs erode competitiveness

Disease-driven production costs have left Thai shrimp roughly US$1 per pound more expensive than rivals from Ecuador and India, threatening a sector that once generated over 100 billion baht in annual export earnings.

Thai shrimp industry calls for government-level talks with Malaysia as 100-tonne daily export blockage mounts

The bilateral dispute, triggered by a disagreement over seabass residue testing rather than shrimp quality, has left cold storage operators absorbing excess stock amid already weak demand from the US and Japan.

Vietnam shrimp industry urged to shift from volume to value as Ecuador and India tighten cost advantage

Feed optimisation, disease-resistant genetics and technology adoption identified as the pillars of a sustainable competitive strategy.

Thai Union Feedmill to invest US$55 million in Ecuador factory as domestic shrimp output declines

The move positions TFM to serve the world's largest shrimp-producing market directly, with capacity targeted to rise 80% by 2028.

Malaysia to restrict five Thai shrimp species and tighten seabass import controls from 1 June

The measures will remain in force until Bangkok provides a full official response to Malaysia's food safety queries.

Food Animal Initiative launches Shrimp Hub to support better welfare practices in shrimp production

Aquaculture welfare research and development company Food Animal Initiative (FAI) has launched a "Shrimp Hub" as a means of assisting shrimp aquaculture companies with establishing better welfare practices.

Ecuador steps up biosecurity measures to ensure safe shrimp for export to China