In February alone it shipped 13MT

(VNS) Seafood enterprises have faced a serious lack of production and business capital since early this year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

Statistics for the distribution of chilled marine foods in Japan show the country’s warehouse inventory at the end of July came to 833,480 metric tons, down 9 percent from the same month a year ago.

(VASEPNews) In the first two months of 2012, Vietnam cephalopod export value reported a positive growth of 18.5 percent while bivalve mollusk exports decreased by 25.2 percent compared to those of the same period of 2011. According to Vietnam Customs, cephalopod exports of the country in Jan-Feb 2012 touched nearly US$67 million, in which shipment to two largest importers (South Korea and Japan) accounted for over 60 percent of total cephalopod export value.

(VASEPNews) At the meeting of forcasting fishing grounds and season held in late March 2012, Cao Duc Phat - Minister of Agriculture and Rural Development assigned Directorate of Fisheries (D-Fish) in cooperation with Research Institute for Marine Fisheries (RIMF) and relevant agencies to draw out the project on marine fishing ground prediction in order to submit the Minister of MARD prior to June 30th 2012.

Yueh Chyang Canned Food Co. Ltd has

The number of bankruptcies filed by seafood related companies in Japan, which had more than JPY 10 million (€76,000/ $100,000) in debt, climbed to 82 in the first half of 2013, according to figures from Teikoku Databank.

(seafood.com) The Chinese government has committed to disbursing Rp1.4 trillion (US$155) to the maritime and fishery sector.

(IntraFish) Halibut catch limits for 2012 will be substantially lower than last year, the International Pacific Halibut Commission (IPHC) officially decided on Monday. The catch limit is set at 33,540,000 pounds, 18.3 percent lower than the 2011 catch limit of 41,070,000 pounds.

A weaker rupee is good for Indian exports of seafood, according to an executive at a leading Indian processor and exporter.

(VASEPNews) Annually, seafood exports often reach the lowest level in February due to low demand in international markets and off season harvest. However, in Feb 2012, seafood exports reported a sudden growth of 65 percent from Feb 2011 and 16 percent from Jan 2012 after strong reduction of 16.5 percent in Jan 2012. This is the highest level compared to Feb of previous years.

(fis.com) The Export Inspection Agency (EIA) said that fishing vessels which have not registered with EIAs in their respective states by 15 March will not be granted health certificates or permits to export to the European Union (EU). Seafood exports to the EU have thus come to a halt.

(VASEPNews) So far this year, Vietnam seafood companies has met many troubles in business as they lacked capital to operate and did not have much chance to access to bank credit or to get credit in right time. These factors have been having negative impacts on companies’ production.