IN BRIEF - South Korea is the growth driver of Vietnam's squid and octopus exports in the second half of this year.
SOUTH KOREA
Friday, August 09, 2024
South Korea is still Vietnam's largest market for squid and octopus, accounting for more than 40% of total export value. In the first 6 months of this year, squid and octopus exports to this market reached 114 million USD, up 13% over the same period. In the second quarter of 2024, squid and octopus exports to South Korea reached 58 million USD, up 13% over the same period in 2023.
Continuing the upward trend from 2023, in the first half of this year, squid and octopus exports to Korea still maintained positive growth. In the 3 months of the second quarter of 2024, squid and octopus exports to this market grew positively in all 3 months of the second quarter, especially exports in May and June grew by double digits.
Demand for squid and octopus in Korea remained stable in the first half of this year. In addition, Korea reduced imports from other sources such as Japan, China, and Peru, so it increased imports from Vietnam.
Japan's nuclear waste discharge has had an impact, reducing South Korea's demand for seafood imports from Japan. China's ban on seafood imports from Japan has also caused a decrease in the supply of squid and octopus from China to markets such as South Korea due to a shortage of raw materials for processing.
Health authorities in France have issued an alert regarding the voluntary recall of fresh albacore tuna loins under the Bigfish brand after detecting histamine, a toxin that causes severe food poisoning and allergic reactions.
The fish, sold vacuum-packed with skin in 2 and 6-kilo formats, was distributed between August 4 and August 7, 2026, through Super U in Plouarzel. The action targets batch 26072026, featuring traceability code MDV/LHP/ALAM6/23G26/YFT and an expiration date of August 9, 2026.
The official body RappelConso, which released the notification on August 17, 2026, urges consumers not to eat the product and to return it to the point of purchase for a full refund. Consuming this toxin can rapidly trigger symptoms such as flushing, facial swelling, headaches, nausea, vomiting, or gastrointestinal distress.
Investment, regional cooperation and sustainable production are expanding opportunities across the continent.
Africa is strengthening its blue economy, with fisheries and aquaculture driving food security, jobs and trade. A $9.2 million programme generated over 500,000 tonnes of cross-border fish trade, while new investments target sustainable growth.
Fishing sector bears full brunt of diesel price hikes over six months as aid remains unpaid
Since March 22, vehicles have been compensated for fuel price increases caused by the conflict in the Middle East whenever they refuel. Five months after the Government announced compensation of up to 20 cents per liter to offset rising fuel costs, fishermen have yet to receive "a single euro," even though the Ministry of Fisheries published lists of eligible vessels and the corresponding amounts for each shipowner back in mid-June. Facing mounting pressure, they continue to pay out of pocket to try to earn a living and keep supplying seafood. Burdened by nearly six months without fuel aid, balancing the books is becoming impossible.
Authors: S. M. / Rosa Estévez / Melissa Rodríguez / Marcos Gago / La Voz de Galicia | Read the full article here
The geopolitical crisis in the Middle East and its impact on maritime traffic have left their mark on Germany's main port—and one of Europe's most important ones. The Port of Hamburg closed the first half of 2026 with a total throughput of 56.1 million tonnes, a 3.1% decrease compared to the same period the previous year. The Hamburg Port Authority (HPA) has largely attributed this decline to a drop in imports of petroleum products resulting from the war in Iran.
Despite the decline in total traffic, container throughput showed positive growth during the first six months of the year. Hamburg handled 4 million TEUs between January and June, representing a year-on-year increase of 3.8%. In terms of tonnage, growth reached 4%.
Source: Industrias Pesqueras | Read the full article here
Launched during the Covid-19 pandemic, Njuki-ini Fish Farm has grown into a family-run business focused on ornamental fish and expanding aquaculture opportunities in Kenya.
During the Covid-19 pandemic, many folks were compelled to stay at home in various countries worldwide. Many people lost their jobs, and others were forced to shut down their businesses completely. However, for some others like Pastor Charles Kariuki, the disruption created an unexpected opportunity. With more time at home, he decided to try fish farming and established Njuki-ini Fish Farm in Sagana, central Kenya.
Author: Peter Changtoek / The Fish Site | Read the full article here
Seafood Expo Asia says it is drawing exhibitors and guests from across four continents for its big show early next month.
The event which spans aquaculture and fishing, reflecting Asia’s growing seafood demand, takes place between 2-4 September at the Sands Expo and Convention Centre in Singapore.
It will be the 14th edition of the exhibition. The organisers say the main hall will feature the full spectrum of seafood innovation and seafood products.
Author: Vince McDonagh / Fish Farmer | Read the full article here
The latest penalty brings fines imposed on foreign vessels for illegal fishing in Argentine waters during 2026 to more than ARS 4.533 billion.
Argentine authorities sanctioned the Hai Xing 2, a Chinese-origin vessel sailing under the Tanzanian flag, after detecting fishing activity inside the country’s Exclusive Economic Zone (EEZ) near Golfo San Jorge.
The vessel received a fine of nearly ARS 1.9 billion, becoming the fourth foreign fishing vessel sanctioned by Argentina in 2026 for illegal operations in waters under national jurisdiction.
FFA-coordinated surveillance operation strengthens regional efforts to detect and deter illegal fishing across Pacific waters.
The Pacific Islands Forum Fisheries Agency (FFA) flagged 16 vessels for further investigation during a regional surveillance operation targeting illegal, unreported and unregulated (IUU) fishing. The coordinated crackdown reinforces cooperation among Pacific nations to identify suspicious fishing activity, improve compliance and protect the region’s valuable tuna and marine resources.
The 3D-COAST system is designed to automate oyster handling, cut labor needs and produce up to 125,000 oysters per raft annually.
An oyster farm in Maine, US, is testing 3D-COAST, a floating vertical conveyor powered by two solar panels. The technology moves oyster baskets between water and air, automating tumbling and helping control biofouling.
Nissui targets 10,000 tonnes by 2030 as domestic production gains momentum.
Japan’s salmon farming sector is expanding, especially in Tohoku, driven by strong Asian demand and rising costs. Nissui plans to increase annual production from 4,200 tonnes to 10,000 tonnes by 2030.
Gangwon seeks to turn East Sea bluefin tuna into a high-value industry South Korea
Sajo Seafood, Gangwon Province, Suhyup, and Catholic Kwandong University promote a model based on processing, ultra-deep freezing, and cold chain.
The South Korean province of Gangwon has taken the f...
Icelandic Fish Landings Drop 51% Year-on-Year in July Iceland
The monthly contraction was driven by a 74% slump in pelagic catches, though accumulated volume over the last twelve months maintains an 8% growth.
REYKJAVÍK — Landings volume by the Ice...
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