“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 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
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
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
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
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,
Future Ocean Foods: The World’s First Alternative Seafood Association
The alternative seafood industry is taking a major step forward with the formation of Future Ocean Foods (FOF), the world's first global association dedicated solely to this rapidly growing sector. FOF brings together 36 companies from 14 countries, representing a diverse range of alternative seafood producers, technology providers, and investors.
“Chinese Ambassador Boosts Ties in Sri Lanka’s Northern Province, Pledges Support for Seafood Exports
The Chinese Ambassador to Sri Lanka, Qi Zhenhong, made a significant visit to the country’s Northern province, bordering the South Indian state of Tamil Nadu, extending invitations for locals to export seafood to China. In a diplomatic move, Beijing assured that it would not export any fisheries products to the
Riding the Waves: US Shrimp Imports Poised to Surge After Over a Year Underwater
American shrimp aficionados rejoice - there is light at the end of the tunnel after over a year of shrinking shrimp supplies. New data from the National Oceanic and Atmospheric Administration (NOAA) suggests shrimp import volumes into the United States have posted year-over-year increases for three months straight.
Compliance with US Marine Mammal Protection Act: A Critical Factor for India’s Seafood Exports
India's seafood export industry is facing a significant challenge due to its need to adhere to the strict regulations of the US Marine Mammal Protection Act (MMPA). This act prohibits the intentional killing of marine mammals in commercial fisheries, a requirement that has far-reaching implications for India's seafood sector.
India’s Shrimp Exports Face Potential Disruption as US Senator Proposes Stiff Tariffs
The Indian seafood industry is facing a potential storm as a US senator has proposed imposing steep tariffs on shrimp imports from India. The proposed India Shrimp Tariff Act, introduced by Louisiana Senator Bill Cassidy, aims to levy duties of 10%, 20%, and eventually 40% on Indian shrimp imports, effectively
Opportunity Knocks: Indian Aquaculture Stocks Soar as China Halts Japanese Imports
The recent decision by China to halt imports of all aquatic products from Japan has sent shockwaves through the global seafood industry, creating ripples of uncertainty and opportunity. Indian aquaculture stocks, in particular, have experienced a surge in value as investors anticipate a rise in demand for Indian seafood products
Indian seafood trading platform Captain Fresh Bolsters European Presence with Ex-Amazon Executive
Indian seafood trading platform Captain Fresh is making a bold move to expand its reach in Europe by appointing Basola Valles as CEO of its European operations. Based in Madrid, Valles will spearhead the company's efforts to broaden its buying base beyond India and establish a strong presence in the