Fish Factor: Alaska fishing’s economic impact; Bycatch task force progress; Lease opposition
Undercurrent News is featuring 'Fish Factor', a weekly column featuring the reporting and perspective of Alaska seafood journalist Laine Welch
Editor’s choice: Live from GSMC; As Chinese pull out of Boston, Cooke supports show
Tom Seaman, editorial director of Undercurrent News, brings you a roundup of the main stories from the previous week
Freight rates eat into Minh Phu’s profits in Q4
The Vietnamese shrimp company saw revenues lift 7.6%, but the spiking costs of shipping meant profit after tax fell by almost 11%
Chinese seafood restaurant chain files for $200m IPO in Hong Kong
Founded in 2009, Qixintian is one of the largest seafood restaurant chains in China
IPNLF launches digital ‘sourcing transparency’ platform
The international pole and line tuna fishing group is aiming to make it easier for its companies to publicly showcase their sustainability initiatives
Vietnam vannamei prices drop again, black tiger rise in week three
Ex-farm prices for head-on, shell-on vannamei shrimp in Vietnam fell again across all sizes during the second week of the year, while prices for black tiger shrimp rose
SEPA boss resigns after conduct allegations
The agency announced that Terry A'Hearn, who has been in post since 2015, has left his role with immediate effect
Vietnam province commissions new shrimp farm area
The Vietnamese province of Binh Dinh, eastern Vietnam, has secured 375 hectares for a 'high-tech agriculture and shrimp project', according to VASEP
Russian frozen fish prices remain steady
Russian frozen fish spot prices were stable during week three of 2022, though were down in US dollars due to the latest weakness of the Russian currency
Russian pollock catches in line with 2021 efforts so far
According to Russia's federal agency for fisheries, pollock catches as of Jan. 17, 2022, totaled 85,000t; around 11,000t less than at the same stage in 2021