Founded in 1992, Minh Phu Seafood Company is not only known as “the King of Shrimp” in Vietnam but also among the leading shrimp exporters in the world.
The period of 2009-2014 was MPC’s golden age, with unceasing growth in business activities. In particular, 2014 was considered the peak when the company reported VND15,094 billion (USD 664.93) in revenue, VND921 billion (USD 40.57) in after-tax profit, plus USD729 million in export value, accounting for 18.8 per cent of the national shrimp export turnover, 4.24 per cent of US shrimp imports, and 5.6 per cent of Japanese shrimp imports.
Amid positive business prospects, the 2015 business plan set the ambitious target of VND19,333 billion (USD851.64 million) of revenue and VND1,452 billion (USD 63.96 million) of after-tax profit. At the end of March 2015, MPC officially delisted from HoSE, following a decision approved by all shareholders a year earlier. The reason given by MPC was that the market value of MPC’s stock did not reflect the true value of the corporation and MPC left the stock exchange to seek strategic partners to restructure the company and secure capital sources for further development.
After more than a decade of U.S.-funded attacks targeted exclusively on B.C.’s salmon farm industry, the tide is finally turning. The fake-news tactics of hired protesters have become so obvious that even some news media aren’t biting any more.
Noted marine biologist Pamela Anderson wasn’t able to assist this summer’s second season of the Sea Shepherd Society’s unreality show in the Broughton Archipelago. That’s the island group between northern Vancouver Island and the mainland.
This year Sea Shepherd was reduced to begging for “embedded” “journalists” to join them aboard the MV Martin Sheen, a floating vanity mirror for another faded celebrity. They hoped their first season of propaganda visuals and guerrilla visits to B.C. salmon farms would be featured on National Geographic TV, but producers checked it out and passed.
This season, two Marine Harvest farms have been occupied since late August by local aboriginal people, organized and publicized via Sea Shepherd. This B.C. campaign was launched and supported by Tides Canada, the middle-man for U.S. charitable foundations that funded the Great Bear Rainforest campaign.
The Norwegian Institute of Water Research (NIVA) has been monitoring the mercury levels in Oslofjord cod since 1984.
It noticed that as the size of the cod caught in the fjord south of the capital increased, so too did the amount of mercury in their bodies. The concentration has nearly doubled since records began, from around 0.15mg/kg to just less than 0.3mg/kg. Both of these are well below the levels deemed unsafe for human consumption.
The size increase has been linked to global warming, but hasn’t been as straight forward as the increase in mercury concentration. In the 1980s, the average North Sea cod measured 70cm when it reached sexual maturity at four years old. By 2000, the length had dropped by 29 per cent to 50cm, but they were reaching sexual maturity at 2.5 years old. Nowadays, the length has returned to 1980s levels and the species has retained its early maturation.
TWIN FALLS - Identifying new diseases or infections in livestock is key to isolating the problem and reducing losses. But ensuring the information is shared with producers and organizations to stop an epidemic can be difficult.
That’s particularly true in the trout industry, which is relatively young in Idaho and has not developed partnerships with state and federal agencies as other livestock industries have. To help remedy that shortfall, trout producers are taking a close look at the Commercial Aquaculture Health Program Standards (CAHPS) and how it might help protect their operations from emerging pathogens.
One concern Idaho trout producers have is that federal intervention in case of a disease outbreak is limited to pathogens listed by the World Organization for Animal Health (OIE). That list includes 10 fish pathogens but not the ones Magic Valley trout producers are most concerned with.
Cooke [Aquaculture representative were] incapable of recovering all of their invasive fish stock so tribes stepped in to protect our treaty fishing waters. Since then, we have also been active observers of the company’s response. There is still a long way to go to even begin to repair the damage done to our tribal fishery by a faulty net pen that should never have been used to hold non-native species in our waters.
The company may have offered to recoup some of the costs of recovery, but you can never put a price on our treaty rights. Our treaty protects our right to fish because it is inseparable from who we are as Lummi people. What the Cooke Aquaculture fails to mention is that the company was unable to clean up the mess they created. If it were not for our fisherman, it is likely the spill would have been much worse.
KOCHI - Spurred by a soaring demand for frozen shrimp and frozen squid in international markets, the domestic marine products industry exported 2,51,735 tonnes of seafood, valued at INR 9,066.06 crore (USD 1.42 billion), in April-June 2017 compared to 2,01,223 tonnes and USD 1.17 billion, respectively, a year earlier.
The US and South-East Asia retained their positions as major importers, followed by the European Union and Japan, while demand from China saw a healthy surge during the period.
Frozen shrimp continued to be the top export item in the marine products basket, accounting for a share of 50.66 per cent in quantity and 74.90 per cent of the total earnings in dollar terms. Shrimp exports increased by 20.87 per cent in terms of quantity and 21.64 per cent in dollar terms.
A member of a Wellington-based paua poaching operation has been banned from fishing for three years and ordered to serve seven months home detention after earlier pleading guilty to more than 20 charges under the Fisheries Act.
Thirty-nine-year-old Sonny Gilbert Wairau from Brooklyn was sentenced for his part in a black market operation involving three main offenders that called themselves The Paua Corporation when he appeared in the Wellington District Court on Friday.
The men illegally took, over seven months, 257kg of greenweight paua and 31kg of sea cucumbers from around the Wellington coastline and then illegally sold the paua and sea cucumbers.
A group of First Nations who are calling for the removal of fish farms from their territory says they will be occupying a third fish farm in the Broughton Archipelago off the coast of North East Vancouver Island.
The action comes after a vessel called the Viktoria Viking was spotted transporting smolts, which are juvenile salmon, to Marine Harvest’s Port Elizabeth fish farm which had previously been an empty site.
“My relatives moved quickly as they are on route to the Port Elizabeth fish farm,” said Ernest Alfred, who has been occupying Swanson Island fish farm since late August 2017.
A meeting between Premier John Horgan, his accompanying ministers, and 40 hereditary and elected leaders of the Mamalilikala, ‘Namgis, Tlowitsis, Mamtagila, and Musgamagw Dzawada’enuxw took place in Alert Bay on Tuesday, Oct. 10 2017, where Horgan made no definitive statements as to the future of fish farms in the Broughton Archipelago.