The effect is felt particularly keenly felt by squid jigging vessels which use massive amount of fuel for fish gathering lamps.
The National Federation of Fisheries Cooperative Associations (JF-Zengyoren) decided on April 23 that small-type squid jiggers, who have been suffering from deteriorating business due to fast rise in fuel prices, would suspend operation for two days on April 26 and 27.
JF-Zengyoren's action is taken as a protest to the economic policy of Prime Minister Shinzo Abe, which allegedly stimulated the yen to take a downtrend in an attempt to help the Japanese economy out of the long-lasted deflationary economy.
About 4,000 vessels from 18 prefectures are expected to join in no-fishing campaign on those days. Concern is also rising among fishermen other than squid jiggers that their business would be harshly affected if the present trend for cheaper yen continues.
According to the Hokkaido Federation of Fisheries Cooperative Associations the price of heavy oil at
A high-ranking official of the federation noted that competition toward lower fish prices is underway on the consumption stage, making it difficult for fishermen to push up sales prices of seafood even when fuel costs increase.
Squid fishermen are victims of the national economic policy so they will inevitably seek effective relief measures, he added.
He also observed that this move might spread among other long-distance fishing vessels, including saury fishing, salmon driftnetting and trawling, which would be adversely impacted by the swelling fuel price.
JF-Zengyoren said it is not considering going for an all-out fishing suspension at present, but they plan to stage a rally in
In 2008, when there was a rapid fuel price hike, the government took Y74.5-billion emergency relief measures for fishermen, which virtually covered 90% of the fuel price increase.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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