Singapore aims to be Asian seafood trade hub

Other 14:30 13/09/2014 502
Singapore’s seafood firms have been busy this year opening new markets, with trips to China, Burma and India in the past year to source and sell seafood.

Singaporean firms have built factories in Malaysia and Indonesia but as production ramps up they need overseas markets, according to the head of the Seafood Industries Association of Singapore (SIAS).

Speaking to SeafoodSource, SIAS President Michael Tan, said Singapore is seeking to leverage its geography in the heart of southeast Asia — as well as its long-established trading links with China, India and the West — to trade and process seafood.

Tan credits Singaporean government efforts to encourage automation and good practices in seafood processors while also developing markets for firms. Likewise, he points to a strict, transparent food safety regime as well as a well-established Halal food industry that offers opportunities for exports to the Middle East.

Among the Halal-certified offerings on show at the recent Seafood Expo Asia trade show in Hong Kong: a “Fischeon” canned luncheon-style meat made from sardines and tuna by the Thong Siek firm, which also produces fish balls and breaded fish fingers under the Dodo brand sold regionally.

Also seeking exports is operator of the Ocean Bella brand, Cellmore Pte, which farms grouper and barramundi in Malaysia — the fish is packaged and retailed in steak, filet and tempura forms in the Singaporean market. Another Singaporean firm, Jurong Cold Store Pte, farms 300 hectares of shrimp ponds in west Kalimantan in Indonesia: Jurong claims to harvest 3,000 metric tons (MT) per year of vannemei, black tiger and sea white, as well as cuttlefish.

Singaporean firms are also increasingly looking to China to process and sell seafood. Among these is Hock Lian Huat, which has been promoting its shrimp crackers in the wealthy eastern province of Zhejiang. The firm was set up by an emigrant from China in 1928.

Indonesia has a market and produce. China has a huge market but little produce because they are increasingly keeping their seafood for domestic consumption rather than exports,” explained Tan.

Singapore imported 200,000 MT of seafood in 2012 and consumption and imports are both on the rise, says Tan. He stresses cooperation between SIAS and the Agri Food and Veterinary Authority of Singapore (AVA) in ensuring western food safety and management standards are enforced at local firms.

Others operating out of Singapore as a hub include Frank Naesheim, the Scandinavian boss of Snorre Food, a long-time supplier of salmon to local caterers and airline catering companies. Naesheim claims Snorre popularized salmon in the region by tutoring Singaporean chefs to use the Norway-sourced fish in the traditional lo hei Chinese New Year dish.

The wealthy Southeast Asian nation, whose economy is heavily reliant on trade, manufacturing and financial services, has lately been grappling with slow growth and comparatively high inflation caused in part by weakness in key export markets. New restrictions on foreign workers meanwhile — in part due to local protests over a ballooning immigrant population — have raised costs and for the city state’s expansion-minded firms.

Nonetheless, Singapore is expected to report 3.5 percent GDP growth in 2013, thanks to a perceived turn-around in the U.S. and EU economies. “Externally-oriented sectors like manufacturing and transportation and storage” would support growth, predicted the Singaporean Ministry of Trade and Industry in a recent statement.

Bạn đang đọc bài viết Singapore aims to be Asian seafood trade hub tại chuyên mục Other của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vietnam’s seafood 2025: Surging past headwinds and the the strategic pivot of market leaders

 |  09:05 27/01/2026

(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.

Vietnam’s fisheries sector targets output of over 10 million tons in 2026

 |  09:42 23/01/2026

(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.

Sao Ta Achieves hits 2025 profit targets

 |  09:08 21/01/2026

(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.

10 strategic highlights of Vietnam’s fisheries industry in 2025

 |  07:45 19/01/2026

(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.

Vinh Long reaches 7,500 hectares of high-tech shrimp farming

 |  08:58 15/01/2026

(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.

Nghe An targets 270,000 tons of fisheries products by 2026

 |  08:46 13/01/2026

(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.

Can Tho’s fisheries sector records 6.26% growth in 2025

 |  08:38 09/01/2026

(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.

Ca Mau completes all assigned tasks in fight against IUU fishing

 |  08:51 07/01/2026

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.

Ca Mau: Shrimp Production Reaches Nearly 600,000 Tons, Exceeding 2025 Target

 |  08:44 05/01/2026

(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.

Shrimp exports over 11 months: Consolidating markets and maintaining growth momentum amidst trade pressures

 |  08:50 30/12/2025

(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC