From 1,771 metric tons (MT) in the first quarter, unloading of skipjack tuna by local fishing companies at the fish port complex here fell by 15 percent to 271 MT, data from the Philippine Fisheries Development Authority (PFDA) here showed.
Skipjack is generally used in the production of canned tuna, and had it not been for foreign catches, the six tuna canneries here would barely have such raw materials to process, PFDA data reflected.
Foreign frozen tuna landings at the fish port complex in the three months to March reached 11,639 MT and climbed to 15,902 MT in the succeeding quarter, said the data from PFDA, which operates the fish port complex here.
“Fish supplies [for the canneries] have become smaller nowadays,” said Mariano Fernandez, president of the local tuna canners association.
Previously, tuna unloading in the city would reach 2,000 MT, but lately the volume is between 300 to 400 metric tons per unloading, he added.
But Ambutong Pautong, Bureau of Fisheries and Aquatic Resources acting director for Soccsksargen region, said the agency is expecting the yield of local fishing companies to improve towards the end of the year.
"Some of the fishing companies have already deployed their fleet to a limited portion [of the
They have already unloaded tuna totaling around 300 MT, said Mr. Pautong, noting they have been deployed just late October to a previously closed international fishing ground.
Earlier this year, the Western and Central Pacific Fisheries Commission (WCPFC) allocated access to 36 Philippine purse seine vessels to catch tuna in pockets of the
Prior to this, the WCPFC closed pockets 1 and 2 of the Pacific Ocean to purse seine fishing to member nations for two years that ended last December to allow tuna species to replenish.
Pautong said that some of the fishing companies accredited by BFAR have yet to set up their payaos or fish aggregating devices in the fishing ground opened by WCPFC to the
After submerging the payaos, it may take two to three weeks to attract the tuna and catch them there, he said.
In the January-September 2012 Philippine Agriculture Performance report, it noted lesser commercial fishing efforts from the Soccsksargen Region due to unstable fuel prices, lesser appearance of some species, and due to rough seas during the period.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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