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Industrial News

Ecuador: OMARSA S.A. aims to hit $600m sales with new head-on shrimp plant open

17/05/2019
BRUSSELS, Belgium -- Omarsa, one of the largest shrimp processors in Ecuador, is aiming for a sales bump of close to 30% in 2019 after opening a new plant.
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Mitsui agrees to $150m deal for 35% stake in Vietnam’s Minh Phu

17/05/2019
Japan's Mitsui & Co. has agreed on a $150 million deal to acquire a 35.1% equity interest in Minh Phu Seafood Joint Stock Company, it announced.
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GLOBAL SHRIMP SUPPLY WILL REMAIN HIGH FOR FORESEEABLE FUTURE

24/04/2019
The glut in the global supply of shrimp that persisted throughout 2018 will remain in 2019, as cold strorage facilities in the United States continue to have supplies lasting months in strorage.
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NORTH INDIA EMERGING AS BIG MARKER FOR SEAFOOD

24/04/2019
The northern region, predominantly a non-vegetarian market for poultry and meet products, is witnessing a strong demand for seafood.
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US scraps anti-dumping duty on Vietnamese shrimp

12/04/2019
The U.S. Department of Commerce has temporarily removed the anti-dumping duty on Vietnamese frozen shrimp.
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