Nowaco: Freight rates, bottlenecks causing ‘enormous problems’
Its turnover of €416.6m was a record high but high freight rates, a volatile shipping situation, and ongoing COVID restrictions undercut profits
Chinese aquafeed giant calls for tax parity with pork, poultry
Tongwei Group, China's largest producer of aquafeed and photovoltaics, has urged the Chinese government to cut taxes for aquaculture companies
Editor’s choice: US crab importers hit by Russian seafood ban; Walmart supplier plans $130m India tilapia project
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Full Boston recap: US ban on Russia dominates buzzing comeback show
Show news agenda was dominated by discussions around the upcoming US ban on Russian seafood and the ongoing recovery from the COVID-19 pandemic
To cope with inflation, Ecuador shrimp farmers want easier ways of doing business
Meanwhile, a sustainability-minded initiative founded four years ago by Ecuadorian shrimp farmers seeks to expand further
Tassal’s shrimp farms still on for growth in current year
The Australian farm had shifted away from a plan of 'rapid extension' earlier in the year, but output should still surpass 5,300t in the 2022 financial year
Viet Uc to raise $16.7m for shrimp farming expansion, processing plant
The Vietnamese shrimp postlarvae producer will hike its charter capital and raise VND 381bn through the sale of new shares
Indonesia’s Delos gets $8m in extra funding to build, scale its main products
Delos, an Indonesia-based aquaculture-tech startup, has raised an extra $8 million to continue to scale its main products and accelerate the onboarding of new clients
Trade insights: Ecuador’s shrimp exports strong in February on surge to China
It puts Ecuador's exports in January and February at 155,000t, greater than Ecuador's full-year exports in 2013
Fortune pursues coast-to-coast US ambitions with deal pipeline identified
'We're very much in an acquisition mode. We're looking at several potential deals right now' -- Sean O'Scannlain, CEO, Fortune International