Posts Tagged ‘Shrimp’
The only way is up
Vertical Oceans’ modular stacking RAS system for shrimp will work anywhere, say the company’s founders. Robert Outram reports.
Read MoreReport sees falling costs, rising demand for producers globally
The second half of this year promises better times for aquaculture producers worldwide, with rising consumer demand and falling feed costs. That’s the positive picture presented in the latest report from Rabobank’s research arm.
Read MoreProtecting human rights
The recent investigations uncovering human rights abuses in the farmed seafood industry, most recently in the shrimp industry in India, are very unsettling to read. While we all agree that these abuses should have no place in any industry, the reality is starker and more uncomfortable.
Read MoreUS Red Lobster chain fighting for survival
Red Lobster, the world’s largest seafood restaurant chain, is fighting off the threat of bankruptcy amid rising debts. The group, which has hundreds of restaurants across the United States, Asia and central America, has filed in a Florida court for bankruptcy protection in a bid to reduce debt and fend off collapse.
Read MoreCutting the carbon
Thai Union Group, the world’s seafood leader, has launched an innovative programme to significantly reduce greenhouse gas (GHG) emissions within the shrimp supply chain. The Shrimp Decarbonisation initiative has been developed in collaboration with global environmental organisation The Nature Conservancy (TNC) and retail group Ahold Delhaize USA.
Read MoreFeed group BioMar posts record earnings for Q1
Feed business BioMar’s focus on adding value appears to be paying off, with increased earnings for the first quarter of 2024 despite a lower volume of sales, year on year. Including all the feed companies in the BioMar group, the company recorded an EBITDA for Q1 of more than DKK 310m (£35.5m), compared with DKK 117m (£13.4m) for Q1 2023.
Read MoreIndian shrimp farmers accused of major human rights violations
India’s extensive shrimp farming industry has been accused, in a new report, of large scale human rights abuses and unacceptable employment practices. The report has been published by the international human and labour rights organisation, Corporate Accountability Lab (CAL). It has carried out a three year long investigation into India’s multi-billion dollar shrimp aquaculture industry…
Read MoreA tricky spot
A new report appears to have found a dangerous gap in shrimp disease testing The standard test applied to detect a devastating disease in farmed shrimp falls dangerously short of what is required, according to a study carried out by researchers in Australia. White spot syndrome virus (WSSV) is a pathogen that can cause huge…
Read MoreSector set for growth
Rabobank’s look ahead to 2024 suggests better days are coming for aquaculture producers, reports Vince McDonagh After a turbulent 2023, the aquaculture industry – and the salmon sector in particular – looks set to rebound next year, according to a report based on input from producers worldwide. What to expect in aquaculture in 2024, the…
Read MoreSalmon rides high as shrimp producers struggle, Rabobank says
Salmon will hold on to its position as the most profitable sector in aquaculture through 2024, while shrimp farmers are set to face continuing challenges. That’s the prediction in the latest Global Aquaculture Update from Netherlands-based Rabobank. Subtitled “The new normal”, the forecast for H1 2024 says the global salmon industry will continue to be…
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