Greenland’s cod prices were up by 16% in the first quarter of 2014, the first increase since early 2012, reveals a price index compiled by the Greenlandic government.

The Peruvian Ministry of Production (Produce) has set a maximum total allowable catch limit for hake at 47,129 metric tons, 21% up compared to the 2013 quota.

(vasep.com.vn) Through June 2014, fish production of Bac Lieu province totaled 144,341 MT including 45,954 MT of shrimp and 98,387 MT of finfish and other aquatic species. The figure was up 18.66 percent year on year and equal to 52.45 percent of the locality's yearly plan.

(vasep.com.vn) Kien Giang province strives to generate more US$60 million from seafood exports in the coming months of the year, boosting the yearly export value to US$185 million.

(vasep.com.vn) Due to dwindling fish resources, Vietnam is considering to raise more fish in cages at sea.

Fish meal is a globally traded commodity principally used as feed for shrimp, salmon, and other farmed fish. Despite fish meal in the US being mainly used as feed for pigs and chickens, global fish meal prices still affect the price of fish in the US. That’s because over 90 percent of fish consumed in the US is imported, of which roughly half is farmed.

Indonesia, the world’s second largest fishery producer after China, is planning to increase its exports of fishery products to Vietnam, says a senior official.

The value of Norwegian seafood exports during the first half of 2014 totalled NOK 32.7 billion (USD 5.3 billion). This is an increase of NOK 5.3 billion (USD 857.3 million), or 22 per cent, compared to the same period in 2013.

Fishermen started venturing into the sea after the 45-day fishing ban was lifted on Sunday. The ban was imposed on April 15 2014 to increase fish production through natural breeding.

(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.