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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. 

Source: vasep


IN BRIEF - Nishimaki mackerel fishing comes to an end

JAPAN
Tuesday, February 24, 2026

Downsizing leads to a 10% drop in market price

The peak fishing season for chub mackerel (over 250 grams per fish) in the waters off Kyushu by the West Japan Purse Seiner fleet (large and medium-sized) is drawing to an end. This month's (1st to 18th) catches were as good as the same period last year, but the fat content has dropped slightly. Sources in the fishing area say, "We're finally nearing the end of the fishing season. From March, we expect to shift to focusing on yellowtail."

This month's combined catch of the fish in Nagasaki City, Matsuura City in Nagasaki Prefecture, Karatsu City in Saga Prefecture, and Fukuoka City was approximately 44,000 boxes (each box weighing approximately 16 kg), a good catch on par with the same period last year. Source: Minato-Yamaguchi


IN BRIEF - Russian live crab exports from Primorye surge in early 2026

RUSSIAN FEDERATION
Tuesday, February 24, 2026

Vladivostok – According to the Primorsky branch of Rosselkhoznadzor, from January 1 to February 18, 2026, approximately 7 600 tons of live crab were exported from Primorsky Krai to China and the Republic of Korea.

Veterinary experts carried out safety assessments for 255 shipments, confirming compliance with import standards in both countries. The consignments included spiny crab, blue crab and Kamchatka crab, all harvested in the Sea of Okhotsk and the Sea of Japan and cleared with the necessary health certificates before shipment.

Russian crab remains in high demand across East Asia: overall exports to China in **2025 reached about 45 800 tons, up 10.4 % year-on-year, giving Russia over a 34 % share of China’s crab imports.

Industry data also show that revenue from Russian crustacean exports grew in 2025, with live and fresh crabs accounting for a significant portion of total export earnings, especially in China and South Korea.

Despite broader geopolitical tensions and past enforcement actions against illegal crab trade in the Russian Far East, regulated exports continue to expand in legitimate channels under strict veterinary control. Rosselkhoznadzor says all current shipments meet the importing countries’ sanitary and phytosanitary norms.


IN BRIEF - Announcement of Corporate Name Changes within Umios Group

JAPAN
Tuesday, February 24, 2026

Maruha Nichiro Corporation will change its corporate name to "Umios Corporation" on March 1, 2026.

In conjunction with this change, the following group companies will also adopt new corporate names. The group will unify its name under the "Umios" brand, featuring a brand symbol composed of the BLUE PLANET mark and the Umios logotype. This unified brand identity will enable us to provide consistent customer experiences and reinforce trust across markets, thereby maximizing the global value of the Umios brand. 


Other Media | EuropaAzul: The EU continues to buy fish fillets from Russia despite tariffs and sanctions

RUSSIAN FEDERATION
Monday, February 23, 2026

Competitive costs, a well-established processing industry, and European demand for ready-to-cook products explain why Russian fillets (especially Alaska pollock and cod) maintain their place in the supply chain. The debate is reopened: is raising tariffs enough, or will a broader ban be necessary?
 
In the European debate on seafood imports from Russia, fillets are the most troubling indicator. They are not a niche product, but a key format for distribution and processing: portioned, standardized, easy to freeze, and perfect for a Europe that is increasingly consuming processed products (breaded, oven-ready, and ready-to-eat).
 
Source: EuropaAzul | Read the full article here

Other Media | Industria Pesqueras: One hundred and eighteen vessels in Catalonia's handline bluefin tuna fishery begin MSC assessment process

SPAIN
Monday, February 23, 2026

The Catalan handline fishery for wild bluefin tuna (Thunnus thynnus) has begun the full assessment process to certify its catches under the MSC Fisheries Standard. This audit will be conducted by the independent certifier DNV, assessing the three principles that govern the standard: healthy fish stocks, minimizing the impact on the marine environment as a whole, and an effective fisheries management system.
 
The fishery is represented by the Catalan National Federation of Fishermen's Guilds (Federació Nacional Catalana de Confraries de Pescadors) and uses handlines as its sole fishing gear. In 2024, the fishery recorded a total catch of 56 tons of bluefin tuna.
 
Source: Industrias Pesqueras | Read the full article here

Other Media | fishfarmingexpert: Indian market 'could be worth £30m a year for Scottish salmon sector'

INDIA
Monday, February 23, 2026

Scottish salmon exports to India could grow to a value of £30 million per year in the next 10 years and deliver up to £131m during that time, new projections by sector trade body Salmon Scotland show.

Producers are gearing up for a new drive into the market after last year’s UK-India trade deal promised to remove the tariffs that have held exports back.Scottish salmon currently faces a 33% import duty, but that barrier is expected to be removed this year when the agreement comes into force.

Source: fishfarmingexpert | Read the full article here


Other Media | Fish Focus: Bivalve Molluscs under the EU–UK SPS Agreement

EUROPEAN UNION
Monday, February 23, 2026

At the end of 2025, the Council of the European Union authorised the European Commission to open negotiations with the United Kingdom on a new Sanitary and Phytosanitary (SPS) Agreement – an important step that could reshape the trading landscape for live bivalve molluscs.

In response, the Market Advisory Council (MAC) submitted detailed advice to DG MARE outlining how shellfish should be addressed within the framework. The recommendations reflect both industry priorities and the need to maintain robust public-health and environmental safeguards.

Source: Fish Focus | Read the full article here


Other Media | Fish Farmer: Aqua technology company in big Saudi deal

SAUDI ARABIA
Monday, February 23, 2026

The Norwegian aquaculture technology company EcoFishCircle AS (EFC) has signed a comprehensive Memorandum of Understanding to deliver a full-scope mRAS (Modular Recirculating Aquaculture System) and the development of a land-based fish farming facility in Saudi Arabia.

The project is designed to provide a production capacity of 10,000 tonnes of Atlantic salmon per year. The cost was not disclosed.The project is part of the Saudi Vision 2030 initiative, where the government has ambitions to make the country a major player in land-based aquaculture. EFC will be a technology partner and provide operational support. 

Author: Vince McDonagh / Fish Farmer | Read the full article here


IN BRIEF - Indonesian Fisheries Production Exceeds Consumption in Q1 2026

INDONESIA
Monday, February 23, 2026

JAKARTA — Indonesia’s fisheries sector posted a strong surplus in the first quarter of 2026, with total production and reserves projected to reach 3.57 million tons, according to the Ministry of Marine Affairs and Fisheries.

“The production and reserve quantity combined remain higher than demand and consumption,” said Machmud (pictured), Acting Director General for Strengthening the Competitiveness of Marine and Fisheries Products, during a virtual press conference on February 19, 2026.

Between January and March, output included 2.05 million tons of cultivated fish and 1.52 million tons of captured fish, surpassing domestic consumption demand of 1.94 million tons.

The surplus can be stored in 2,287 cold storage units nationwide, with a total capacity of 899,178 tons. Of these, 2,035 units are privately owned, while the remainder are government-operated.

The government also confirmed sufficient supply across eight regions during Ramadan and Eid al-Fitr, exceeding demand by more than 100 percent.


IN BRIEF - Japan boosts aquaculture, fisheries sectors in BARMM

PHILIPPINES
Monday, February 23, 2026

The Government of Japan, in partnership with the Food and Agriculture Organization of the United Nations (FAO), has launched a two-year project titled “Development of a Sustainable Fishery Value Chain in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM)”, signed in 2025.

The initiative aims to strengthen the productivity and resilience of the aquaculture and fisheries sectors in BARMM, one of the regions with the greatest potential in the Philippine fish industry. By developing sustainable local value chains, the project supports small-scale producers through capacity-building activities, promotes alternative high-value species and value-adding processes, and enhances stakeholders’ knowledge and technical skills.

As part of ongoing monitoring efforts, First Secretary and Agriculture Attaché Akasaka Hidenori visited project sites in Tawi-Tawi Province on February 10, 2026. During the visit, he met with representatives from the BARMM government, local government units (LGUs), and project beneficiaries to assess progress and exchange insights on strengthening the region’s fisheries sector.


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MORE NEWS
Japan
Feb 24, 01:00 (GMT + 9):
IN BRIEF - Nishimaki mackerel fishing comes to an end
Spain
Feb 24, 00:10 (GMT + 9):
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Denmark
Feb 24, 00:10 (GMT + 9):
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Feb 24, 00:10 (GMT + 9):
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Feb 24, 00:00 (GMT + 9):
IN BRIEF - Russian live crab exports from Primorye surge in early 2026
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IN BRIEF - Announcement of Corporate Name Changes within Umios Group
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China
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Feb 23, 00:00 (GMT + 9):
Other Media | EuropaAzul: The EU continues to buy fish fillets from Russia despite tariffs and sanctions
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