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Seaweed Production, Trade and Marketing Status In Sri Lanka

Seaweed Production, Trade and Marketing Status In Sri Lanka

17 January 2024 ~ Be the first to comment!
Seaweed exports from Sri Lanka supply the fertilizer and food industries mainly in Europe, followed by Asia, with India being the single largest importing nation in the region. Initiatives are being taken to expand the industry but there are some crucial hurdles to address, including adverse climatic conditions, lack of robust parental strains, inadequately regulated purchasing systems, predators, and technical barriers. The potential of seaweed in contributing to livelihood development and empowerment of women in Sri Lanka could be greatly enhanced through technological approaches, ongoing assistance from the government, awareness and promotion sessions, investments, and the creation of a “one-stop-shop…
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Draw up comprehensive policy to guarantee Penang fishermen's income, government urged

Draw up comprehensive policy to guarantee Penang fishermen's income, government urged

06 July 2023 ~ Be the first to comment!
MALAYSIA: Gerakan Ekonomi Malaysia says Penang’s development plan, especially the PSI, will critically impact the income and future of fishermen and affect local fish supply. The government has been urged to stop the Penang South Island (PSI) reclamation project and formulate a comprehensive policy to guarantee a sustainable livelihood for fishermen. Gerakan Ekonomi Malaysia president Armin Baniaz Pahamin said today Penang's development plan, especially the PSI, will critically impact the income and future of fishermen and affect local fish supply. Armin said unfortunately, the government has taken no action to provide an alternative source of income. Sungai Batu Fishing Unit…
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Singapore: Submits formal acceptance of Agreement on Fisheries Subsidies

Singapore: Submits formal acceptance of Agreement on Fisheries Subsidies

13 February 2023 ~ Be the first to comment!
SINGAPORE: Singapore deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on 10 February, making it the second WTO member and first coastal state to do so. Acceptances from two-thirds of WTO members are needed for the Agreement to come into effect. Director-General Ngozi Okonjo-Iweala said: “Singapore's formal acceptance of the WTO Agreement on Fisheries Subsidies is an important step towards its entry into force. It adds to the diversity of economies needed for the collective effort to uphold ocean sustainability worldwide. As a stalwart supporter of the multilateral trading system and an active participant in both the…
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AEON Malaysia Wins Praise for Comprehensive New Animal Health and Welfare Policy

AEON Malaysia Wins Praise for Comprehensive New Animal Health and Welfare Policy

01 February 2023 ~ Be the first to comment!
MALAYSIA: AEON won praise today for publishing a comprehensive new animal health and welfare policy that protects the “Five Freedoms” of animals in the company’s supply chain, from egg-laying hens to cows, chickens and fish. The Company is a leading General Merchandise Stores (GMS) and Supermarket chain in Malaysia, with 28 AEON Malls, 34 AEON Stores, 9 MaxValu Prime, 65 AEON Wellness and 42 DAISO and 4 Komai-so across the country. The Company believes that animal welfare is deeply related to the relationship human beings have with animals and agrees that it is every retailer’s duty to ensure all animals…
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ADB loan for artisanal shrimp farming

ADB loan for artisanal shrimp farming

18 January 2023 ~ Be the first to comment!
Indonesia :In December 2022, the Asian Development Bank (ADB) announced that it has approved a USD $93 million loan as part of the Infrastructure Improvement for Shrimp Aquaculture Project. Using the loan, the Ministry of Marine Affairs and Fisheries will introduce sustainable shrimp aquaculture to boost the productivity, quality, profitability, and environmental sustainability of smallholders’ shrimp farming in the provinces of Bali, Banten, Central Java, East Java, Lampung, Nangro Aceh Darusalam, and South Sulawesi. Concretely, the Project will improve smallholder farmers’ access to quality inputs, production, and post-harvest practices and traceability through investments in climate adaptive infrastructure, capacity building, and…
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What do asian consumers want?

What do asian consumers want?

25 November 2022 ~ Be the first to comment!
Like those in western markets, Asian consumers have a preference for live or fresh/chilled fishery species and products, followed by frozen, canned, and other forms. Excluding the category of live/fresh/chilled species from its purview, this article provides a glimpse into the market for popular fishery products in several Asian countries, giving examples and highlighting some reasons why some items sell better than others. Flavour localisation is a key determinant in whether a product, which may be selling well in Europe or the US, will be equally successful in Asia. How it is presented, prepared, or incorporated into evolving lifestyles, and…
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China seafood show cancelled because of ongoing COVID restrictions

China seafood show cancelled because of ongoing COVID restrictions

02 November 2022 ~ Be the first to comment!
PR of CHINA: The China Fisheries and Seafood Expo scheduled for Nov. 9 -12 has been cancelled because of ongoing concerns that mass events will fuel the spread of COVID 19 in China. The show was originally scheduled for October, but was postponed to November in hopes the COVID restrictions would be eased in Quingdao, where the event was to take place. No new dates have been set for the event. On the show's website, Peter Redmayne, president of Sea Fare Expositions, the overseas organizer of the event, said "the new dates for the show will be determined when the…
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Korean imports of white shrimp (penaeus vannamei) fall

Korean imports of white shrimp (penaeus vannamei) fall

06 September 2022 ~ Be the first to comment!
SOUTH KOREA: By August 2022, 815,679 tons of seafood were imported, and 6,961 tons of frozen white leg shrimp accounted for 0.85%. In the case of 2021 of the previous year, 9,971 tons were imported, accounting for 1.49% of the 670,790 tons. Imports of frozen white leg shrimp in August were 788 tons, down 4% from 819 tons in the previous year, and the accumulated amount was 6,961 tons, a 30% decrease from 9,971 tons in the same period last year. From 2017 to 2022, the average import volume for August was 1,322 tons, and the import volume of frozen…
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Plant-based seafood deal

Plant-based seafood deal

01 September 2022 ~ Be the first to comment!
THAILAND: Seafood giant Thai Union and its subsidiary Chicken of the Sea Frozen Foods have established an alliance in North America with plant-based seafood brand, The ISH Food Company. The agreement will leverage relevant Thai Union and Chicken of the Sea Frozen Foods marketing and distribution channels to invest in the sustainable seafood space and ensure alternative seafood protein options are available to new audiences at an affordable price point. “We are excited to expand our reach within the alternative protein space through this alliance with The ISH Food Company,” Thai Union Managing Director for Alternative Proteins Maarten Geraets said.…
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10 projects get UN funding to pursue seafood sustainability projects

10 projects get UN funding to pursue seafood sustainability projects

30 August 2022 ~ Be the first to comment!
The United Nations Development Program (UNDP) has funded a second cohort of 10 ocean innovators with the hop of bringing economic benefits to small-island developing states and least-developed countries. UNDP’s Ocean Innovation Challenge is part of UNDP’s Ocean Promise to deliver at least 100 ocean innovations by 2030. OIC provides up to USD 250,000 (EUR 250,000) over two years to develop innovative solutions that are transformational, scalable, and replicable. Projects are chosen based on their potential tap into new technologies and approaches to end overfishing and illegal, unreported, and unregulated (IUU) fishing, contributing to the U.N.'s Sustainable Development Goal 14.…
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Inflation continues to dampen UK seafood sales

Inflation continues to dampen UK seafood sales

01 August 2022 ~ Be the first to comment!
Chilled fish sales in U.K. grocery stores continued to decline in the most recent quarter, dampened by higher overall grocery prices. Overall U.K. chilled fish sales dropped 8 percent year-on-year to GBP 493.3 million (USD 592 million, EUR 579 million) for the quarter ending 12 June, according to research firm Kantar. The sub-categories with the biggest sales drops included battered (down 17.5 percent), breaded (down 16.6 percent), and smoked (down 12.1 percent). As a result, the greatest volume declines for the quarter were in battered seafood (down 18.3 percent), breaded seafood (down 18 percent), and smoked fish (down 14.9 percent).…
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Gene-edited pufferfish and sea bream hit menus in Japan

Gene-edited pufferfish and sea bream hit menus in Japan

01 August 2022 ~ Be the first to comment!
Kyoto, Japan-based Regional Fish Institute is now selling gene-edited pufferfish to the public – one of the first times a gene-edited seafood product was offered over-the-counter to Japanese consumers. The company’s online store has been offering the product since it gained government approval in 2021. The sale of gene-edited fish is part of a wider trend in Japan toward the new technology. Unlike the European Union, Japan has had a more positive view of the use of gene editing in food. In 2018, the European Court of Justice ruled that all organisms produced by biotechnology were to be considered GMOs,…
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