Seafood Of India

Rupee Hits Record Low, But Exporters Remain Unfazed

Rupee Hits Record Low, But Exporters Remain Unfazed

The Indian rupee has been on a downward spiral in recent months, hitting record lows against the US dollar. However, despite this seemingly favorable development for exporters, many in the industry are not celebrating. Why Aren’t Exporters Cheering? There are a number of reasons why exporters are not feeling the
Climate Change Threatens Nutritional Security of Low-Income Countries: Seafood Nutrient Loss on the Horizon

Climate Change Threatens Nutritional Security of Low-Income Countries: Seafood Nutrient Loss on the Horizon

A study published in the journal Nature Climate Change has raised alarming concerns about the potential impact of climate change on the nutritional security of low-income countries. The study, conducted by researchers from the University of British Columbia (UBC), found that climate change could lead to a devastating loss of
Exploring Sustainable Fisheries and Agriculture: Jack Ma’s New Venture

Exploring Sustainable Fisheries and Agriculture: Jack Ma’s New Venture

Alibaba founder Jack Ma is diving into the world of sustainable food production with a new investment in the fishery and agriculture sectors. His newly-established start-up, “1.8 Meters Marine Technology (Zhejiang) Co,” is based in Hangzhou, China, and has a registered capital of 110 million yuan (US$15 million). Ma’s venture
EU Adopts Revised Rules for a Sustainable Future for Fishery

EU Adopts Revised Rules for a Sustainable Future for Fishery

The Council of the European Union has granted its final approval to revise the EU’s fisheries control regulations. Facing criticisms of the exploitation of small island states and distant waters, this overhaul, encompassing approximately 70% of the existing rules, aims to ensure that both EU and foreign vessels adhere to
Anti-Dumping and Countervailing Duties: A Looming Threat to Indian Shrimp Exports to the United States

Anti-Dumping and Countervailing Duties: A Looming Threat to Indian Shrimp Exports to the United States

The Indian shrimp industry, a vital sector contributing to the country’s economy, faces a potential storm due to anti-dumping and countervailing duty (CVD) petitions filed against imports of frozen warmwater shrimp from Ecuador, India, Indonesia, and Vietnam. These petitions, filed with the United States Department of Commerce (DOC) and the
China and Japan’s Seafood War A Tale of Trade Bans, Disinformation, and Geopolitical Tensions

China and Japan’s Seafood War A Tale of Trade Bans, Disinformation, and Geopolitical Tensions

In recent months, China and Japan have been engaged in a heated trade dispute over Japan’s decision to release wastewater contaminated with radioactive tritium from the Fukushima Daiichi nuclear power plant into the Pacific Ocean. The dispute has escalated into a full-blown “seafood war,” with both countries imposing bans on
Wolf Fish: A New Seafood Delicacy Emerging from the Depths

Wolf Fish: A New Seafood Delicacy Emerging from the Depths

The world of marine aquaculture is poised to welcome a new addition to its ranks – the wolf fish, a species that scientists have identified as having immense potential for culinary consumption. Researchers from the University of Gothenburg in Sweden are diligently working on developing inland breeding and high-protein feeding
Global Wild-Caught Whitefish Supply to Remain Flat in 2024

Global Wild-Caught Whitefish Supply to Remain Flat in 2024

The International Groundfish Forum has predicted that the global supply of wild-caught whitefish will remain flat in 2024, with some species seeing gains while others see big drops. The total supply of wild-caught whitefish is expected to be 7.042 million metric tons (MT), down just 1,000 MT from the 7.043
Shaivaa Algaetech Among 10 Finalists in Future of Fish Feed Krill Replacement Challenge

Shaivaa Algaetech Among 10 Finalists in Future of Fish Feed Krill Replacement Challenge

Shaivaa Algaetech, an Indian company, has been selected as one of the 10 finalists in the Future of Fish Feed (F3) krill replacement challenge. The challenge, which aims to develop innovative and sustainable alternatives to krill in aquaculture feed, attracted applications from over 40 companies worldwide. The 10 finalists represent
“Global Alarm: Urgent Measures Needed to Address Widespread Marine Mammal Bycatch Crisis”

“Global Alarm: Urgent Measures Needed to Address Widespread Marine Mammal Bycatch Crisis”

In a startling revelation, a recent report by prominent conservation groups has underscored the alarming failure of 11 nations to adhere to stringent U.S. standards aimed at preventing whale and dolphin bycatch in their fisheries. This grim reality sheds light on the devastating impact of entanglement in fishing gear, resulting
India’s Fight for Fairness in Fisheries Subsidies

India’s Fight for Fairness in Fisheries Subsidies

India is taking a strong stand in the World Trade Organization (WTO) negotiations on fisheries subsidies, advocating for a principle of “polluter pays” that would hold countries accountable for the environmental damage caused by their fishing fleets. This principle would require countries that engage in distant-water fishing to stop subsidizing
Global Shrimp Prices Stabilize at Unsustainable Levels, Putting Farmers Under Pressure

Global Shrimp Prices Stabilize at Unsustainable Levels, Putting Farmers Under Pressure

The global shrimp market is facing a challenging situation as prices stabilize at “unfavorably low levels,” leading to financial hardships for many farmers. This trend is particularly evident in India, where raw vannamei exports averaged USD 6.32 (EUR 5.80) per kilo in September, marking a significant decline from USD 7.54
Unmasking the Hidden Cost of Your Seafood: A Deep Dive into Human Rights Abuses in the Global Fishing Industry

Unmasking the Hidden Cost of Your Seafood: A Deep Dive into Human Rights Abuses in the Global Fishing Industry

Beneath the surface of the vast global fishing industry lies a dark underbelly of human rights abuses and labor exploitation. A growing body of evidence reveals that forced labor, particularly of Indonesian and Uyghur workers, is rampant in the fishing and processing of seafood destined for American tables.
Revolutionizing Aquaculture: Cambridge Scientists Unveil ‘Naked Clams’ – A Sustainable Breakthrough in Wood-to-Food Farming

Revolutionizing Aquaculture: Cambridge Scientists Unveil ‘Naked Clams’ – A Sustainable Breakthrough in Wood-to-Food Farming

In a groundbreaking development, researchers at the University of Cambridge have pioneered the world's inaugural system for cultivating shipworms, transforming what was once deemed a marine pest into a prolific food source. Dubbed "Naked Clams," these bivalves stand out as the fastest-growing globally, attaining a remarkable 30cm length within just
Nurturing Our Aquatic Treasures: Celebrating World Fisheries Day 2023

Nurturing Our Aquatic Treasures: Celebrating World Fisheries Day 2023

As the world's population continues to grow, the importance of sustainable food production becomes increasingly evident. Fisheries, both marine and freshwater, play a critical role in providing sustenance and livelihoods for millions across the globe. In recognition of this vital sector, World Fisheries Day is observed annually on November 21st,