Week 13 Shrimp Price Trends: India Gains Momentum as Vietnam Struggles
The global shrimp market remains a dynamic landscape, with Week 13 of 2025 highlighting stark contrasts between two of Asia’s shrimp production powerhouses: India and Vietnam. As reported by Undercurrent News on March 25, 2025, farm-gate shrimp prices in India surged, driven by supply shortages and robust demand, while Vietnam
Troubled Waters: Navigating the India-Sri Lanka Fisheries Feud in the Palk Bay
The India-Sri Lanka fisheries dispute, simmering for decades in the narrow Palk Bay, continues to ripple through diplomatic ties between these maritime neighbors. Recently, Sri Lankan Leader of the House, Bimal Rathnayake, urged India to crack down on illegal fishing in Sri Lankan waters, spotlighting the plight of Tamil-speaking fishermen
India’s Blue Revolution: Combating Pollution and Building Resilient Coastal Economies Through Marine Fisheries Reform
The Indian government is implementing a comprehensive approach to marine fisheries management that addresses both environmental challenges and economic sustainability. With a focus on conservation, pollution control, and community resilience, India’s strengthened marine fisheries policy represents a holistic strategy for long-term sector viability. Tackling Marine Pollution Head-On India’s National Policy
Indian Seafood Industry Urges Government to Remove 30% Duty on US Shrimp Imports
India’s seafood exporters have launched an urgent appeal for the waiver of a 30% customs duty on shrimp imports from the United States, expressing deep concern that the existing tariff could trigger retaliatory measures from America, potentially damaging India’s dominant position in the global shrimp market. Industry Concerns Over Potential
Can India’s Deep-Sea Fishing Boom Drive ₹1 Lakh Crore in Seafood Exports by 2030? A detailed analysis.
India’s deep-sea fishing initiative has the potential to help achieve the ambitious target of ₹1 lakh crore in seafood exports by 2030, but it’s not guaranteed. Currently, seafood exports stand at ₹60,523 crore, and reaching ₹1 lakh crore means increasing by about ₹39,477 crore over five years. This is a
India Assumes Chairmanship of Bay of Bengal Inter-Governmental Organisation
New Delhi, India – February 22, 2025 India has officially taken over the chairmanship of the Bay of Bengal Inter-Governmental Organisation (BOBP-IGO) from Bangladesh during the 13th Governing Council Meeting held in Malé, Maldives. This transition marks a significant moment for regional fisheries management and underscores India’s commitment to sustainable
Navigating the Regulatory Seas: Challenges and Compliance Issues in India’s Seafood Industry
Explore the key challenges and compliance issues faced by India’s seafood industry, including export regulations, sustainability demands, financial strain on fishers, and environmental compliance concerns.
The Complex Landscape of India-US Shrimp Trade: Navigating Tariffs, Duties, and Diplomatic Challenges
Introduction: A Delicate Trade Ecosystem The shrimp export corridor between India and the United States represents a complex interplay of economic interests, trade policies, and diplomatic negotiations. Far from being a straightforward commercial relationship, it is characterized by intricate regulatory mechanisms, protective measures, and ongoing strategic assessments. Historical Context and
India’s Culinary Exports Soar: Seafood and Wine Take Center Stage on Global Platform
In a remarkable display of India’s growing international trade prowess, the country has witnessed a significant surge in seafood and wine exports, showcasing its culinary excellence on the global stage. The Ministry of Commerce and Industry revealed impressive statistics that highlight the nation’s expanding agricultural and marine product sectors. At
ICES Experts Propose Revolutionary Framework for Marine Aquaculture Classification: Redefining ‘Open Ocean’ and ‘Exposed Aquaculture
The International Council for the Exploration of the Sea (ICES) Working Group on Open Ocean Aquaculture (WGOOA) has proposed a groundbreaking redefinition of marine aquaculture terminology, aimed at improving site selection, operational efficiency, and regulatory frameworks in the growing aquaculture industry. The Need for Clear Definitions Traditional classifications of marine
Potential Shifts in Seafood Exports: Indian Industry Eyes Opportunities Amidst US Market Changes Post-Trump Victory
In the wake of Donald Trump’s recent electoral victory, Indian marine exporters are optimistic about a potential resurgence in seafood exports to the United States. They believe that a revitalized US economy could lead to increased consumer demand, particularly for shrimp products. Currently, the US seafood market is experiencing sluggishness,
India’s Frozen Shrimp Exports Under Threat: US CVD Imposes Significant Challenges
The Indian seafood industry, particularly the frozen shrimp export sector, is facing a significant hurdle as the United States has imposed hefty countervailing duties (CVD) on imports from India. This development threatens to disrupt the lucrative trade relationship between the two countries and has the potential to impact livelihoods of
US Import Ban on Indian Wild-Caught Shrimp: A $500 Million Loss and Its Impact on Fishermen’s Livelihoods
The United States has imposed a ban on the import of wild-caught shrimp from India, citing concerns over the use of turtle excluder devices (TEDs) in Indian fishing vessels. This move has resulted in a significant loss of approximately $500 million for the Indian seafood industry, with far-reaching consequences for