(vasep.com.vn) Ngo Quyen Processing Export Joint Stock Company (Ngoprexco – HNX code: NGC) totaled over VND1.9 billion of net profit in the second quarter of 2014, up 66 percent year on year. The cumulative net profit through June 2014 was over VND2.4 billion, completing 75 percent of its 2014 plan.

The uncertainty surrounding Peru’s anchovy fishing season has dampened demand for fishmeal and oil, causing a quiet market for now, said industry players.

A 45 percent decline in supply is pushing prices of octopus in Japan 50 to 60 percent higher than the same time period last year.

An increase in the per kilo price of Chilean fishmeal exports has boosted exported revenues through September even as shipped volumes have come down compared with year levels.

(vasep.com.vn) Dong Thap province's Agriculture Extension Centre is introducing the farming model of red tilapia under GlobalGap standard for 20 households who own over 50 farming cages.

Seafood processing businesses are being invited to attend a seminar on consumer labelling and traceability regulations to help the sector get smarter about recent changes to the EU's food information legislation.

IFFO, the Marine Ingredients Organisation, launched its Global Standard for Responsible Supply (IFFO RS) back in 2009 and it has now become the most recognised standard for the responsible supply of fishmeal and fish oil with around 40 per cent of world production certified.

The Russian government has approved a national plan to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing.

The fishing company Loki Fish based in Seattle, US, has tested radiation levels in its fish, as customers were concerned about the safety of eating fish from the Pacific Ocean after the Fukushima nuclear disaster, reports The Seattle Times.

Taiwanese fishery authorities were surprised at Russia's order to prohibit imports of Pacific saury from Taiwan, which took effect on Dec. 15.

Kien Giang, A project that will give blue swimming crabs cultivated in Vietnam an international accreditation is proceeding apace and well positioned to meet its objectives.

The Canadian Food Inspection Agency (CFIA) has partnered with two other organisations to support a $1.4m genomics research project to eliminate listeria from the food supply.

A judge in a federal court in California has ordered the Food & Drug Administration (FDA) to publish all outstanding proposed regulations under the Food Safety Modernization Act (FSMA) by November 30 this year.

A new system for labelling fish products, agreed by the European Union, will give consumers information about the way their fish is caught and sets a precedent for clearer labelling of other animal products.

(SeafoodSource) A new system of front-of-pack food labeling is to be rolled out in the U.K. during the next 18 months. It will combine color-coding and nutritional information to show how much fat, saturated fat, salt and sugar, and how many calories, are in each product.