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News: shrimp

CP Vietnam increases stake in shrimp producer

CP Vietnam has increased its stake in shrimp producer Sao Ta Foods JSC. The company spent about USD 14.3 million to buy more than...

Indonesia’s seafood exports reach USD4.5b up to October

Indonesia's seafood exports rose 6.6% to USD 4.5 billion up to October, compared to last year. Shrimp figured as the leading commodity, representing 40%...

Functional feed boosts sustainability of shrimp industry

Functional feed can be a solution for the diseases and environmental concerns in the shrimp production sector, claimed Marc Campet, ADM's Aquaculture Business Development...

Prima eyes income of USD 14m from crab and fish exports

Indonesia’s seafood exporter Prima Cakrawala Abadi targets to export 1.1 million cans of crab meat and 180 tons of raw and processed fish this...

Vietnam’s seafood processors struggle amid pandemic

Only 30% of seafood processors in Vietnam’s southern provinces are able to continue production during the Covid-19 pandemic. A pangasius processor told Asian Agribiz that...

Grobest’s next venture, functional shrimp feed

Regional aquafeed producer Grobest Group has collaborated with Singapore’s Universal Aquaculture to develop functional shrimp feed. The feed will be for Universal Aquaculture’s vertical indoor...

Vietnam shrimp feed production contracts by 34% in H1

Vietnam’s shrimp feed production in H1 dropped to 650,000 tons, just 66% of the designed capacity. The Directorate of Fisheries (DoF) said of the 35...

Indonesian aqua feed market could grow 5-15%

Indonesia’s aqua feed market could grow by 5-15% in 2021 on higher demand, said Roland Sebastian, Marketing and Sales Head at Suri Tani Pemuka....

Vietnam aims for top spot in seafood processing

Vietnam is aiming to become one of the top five countries globally in seafood processing by 2030. The government's seafood sector development plan estimates...

Wellhope to expand shrimp business in Indonesia

China’s Wellhope aims to strengthen the root of its shrimp business in Indonesia. Baolin Han, Wellhope’s International Investment Management, told Asian Agribiz that the...

Indian shrimp farmers stock less as soy prices climb

Indian shrimp farmers are holding out on stocking shrimp seed this season as the price of soy de-oiled cake prices rise. The Shrimp Feed...

Global fish production expected to rise 12.8% by 2030

Global fish production including capture and aquaculture, is expected to grow from 178mt (2018-2020 average) to 201mt by 2030, an increase of 12.8%, according...

Vinh Hoan Corp invests in artificial shrimp meat start-up

Vietnam's biggest pangasius producer Vinh Hoan Corporation has invested in Shiok Meats, an artificial shrimp production startup. Singapore based Shiok Meats focuses on producing...

App helps to boost fish and shrimp production

Singapore’s Blue Aqua International, analytics software firm SAS and Temasek Polytechnic's Aquaculture Innovation Centre are collaborating on an app to boost local fish and...

Indian shrimp farmers face rising production cost

Indian shrimp farmers have been dealing with high costs of production as fuel as well as feed costs rise. Mayank Aquaculture, Managing Director, Dr...

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