Thai Union executives fined for alleged insider trading
The Stock Exchange of Thailand has reportedly fined several Thai Union Group executives on suspected insider trading
Vietnam’s pangasius farmers urged to avoid heavy stocking while prices are high
The pangasius sector has long operated in a boom-bust cycle, but authorities are urging farmers not to over-produce at the current prices, warning there will be a correction
Hendrix Genetics moves into India directly with local shrimp broodstock JV
The company has partnered with Sapthagiri Hatcheries to jointly establish a broodstock multiplication center, supplying SPF broodstock from 2023
Greater sales to Russia, US boost Vietnam’s tuna export value by 57%
The total export value of Vietnamese tuna amounted to $67m in February, according to VASEP
April skipjack raw material prices rocket to nine-year highs
Skipjack tuna raw material prices are surging up in processing hubs in Asia and Latin America, with fuel prices rising and fishing slow, sources told Undercurrent News
Vietnamese shrimp prices flat in week 12
Spot prices for Vietnamese farmed vannamei remained steady across all sizes in week 12 after the past weeks' fluctuations
Baltic, Lenin could receive Russian gov’t preferential treatment
The Russian government is considering adding 13 companies to its 'backbone enterprises' scheme, offering better access to capital from Russian banks
Norway herring export prices, volumes remain firm
Weekly export volumes for herring out of Norway remained at high levels for week 12 of 2022, while prices remain roughly as high as they've been this year
Beijing imposes stricter coronavirus protocols for seafood
Beijing, the Chinese capital, will impose stricter protocols on seafood in response to a rise in COVID-19 cases across the country
Lucrative king crab sector faces Russia sanctions upheaval
With western sanctions targeting Russian seafood, Russian producers are expected to reconfigure some frozen production volumes into live for China and South Korea