Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Floods in Thailand could be beneficial for Indian fish farmers. (Photo: YouTube,Channel4News/FIS)

Damage caused by flooding could benefit other exporting countries

Click on the flag for more information about Thailand THAILAND
Friday, November 04, 2011, 23:50 (GMT + 9)

The massive floods in Thailand could benefit other fish farmers such as India as they move to fill the gap in supply. At the same time, India's mackerel exports may fall, as Thailand was a major buyer.

As Thailand is a main producer of seafood, the effects of the floods are sure to be felt across the industry. Exporters have started moving shipments from the Bangkok port.

"Reports say floods have affected some aquaculture farms in low-lying areas. Cold storages and factories are also located in the region. Production may suffer," said Anwar Hashim, managing director of Abad Fisheries.

Indeed, Thailand's government has not drawn up clear measures to help manufacturers recommence production after the flood subsides, so export growth next year is expected to drop to a single digit for the first time since 2002, The Nation reports.

Exporters want the government to make sure affected factories will have workers to employ, as many left when operations were halted. They want the government to speed up the waiving of duties on machinery imports, facilitate cargo transport, help reduce shipping fees and offer soft and flexible loans to help businesses survive.



This should simplify the import of raw materials and semi-processed goods, which would be helpful because some industries, such as processed food, are dealing with a dearth of ingredients.

If flooding does not subside within the next month, plants will run out of raw materials.

"The flood damage is limited to central Thailand and Bangkok. The destruction may not have a major impact on global production," said TR Patnaik, chairman of Falcon Marine Exports.

But there is also concern about flooding in the South later this month, which could bring many shrimp hatcheries to ruin.



Prices would then be expected to increase due to suply chain disruptions.

In India, shrimp farms have ended up with surplus material this year and have thus had to sell their product at a low price to Vietnam due to lower demand in the US and Japan, which drove prices down. The seafood industry thinks the impact is yet to come, as a hefty part of consignments for the Christmas and New Year holidays have already been shipped out, The Economic Times reports.

The prices of farmed shrimp and especially vannamei have remained somewhat stable this year.


Thailand along with other South East Asian countries accounts for 16 per cent of Indian seafood exports, which has helped India deal with the financial crisis hitting the US and Europe. Thailand has become a big buyer of mackerel and ribbon fish.

Related article:

-
Shrimp harvests up amid global shortage 

By Natalia Real
[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
India
Nov 22, 02:20 (GMT + 9):
MSC grants financial support to encourage tuna sustainable practice in India
Norway
Nov 22, 01:00 (GMT + 9):
Norway Royal Salmon suspects ISA outbreak in two other sites
Spain
Nov 22, 00:30 (GMT + 9):
Basque tuna vessel manages to avoid Indian Ocean’s pirate assault
Indonesia
Nov 22, 00:20 (GMT + 9):
Impact investment fund strengthens support to sustainable coastal fisheries
New Zealand
Nov 22, 00:00 (GMT + 9):
IN BRIEF - King Salmon appoints David Whyte as Chief Operating Officer
India
Nov 22, 00:00 (GMT + 9):
IN BRIEF - Protest over fishing ban
Chile
Nov 21, 23:50 (GMT + 9):
22 tons of Chilean kelp valued at over USD 15,000 seized
Spain
Nov 21, 23:30 (GMT + 9):
Committee to promote aquaculture improvement in Andalusia
Seychelles
Nov 21, 23:10 (GMT + 9):
IOTC to set skipjack catch limit for the first time
Chile
Nov 21, 22:20 (GMT + 9):
Felipe Sandoval to manage Salmones Camanchaca
United States
Nov 21, 22:00 (GMT + 9):
NOAA shuts down Codfather’s fishing group
Peru
Nov 21, 21:20 (GMT + 9):
Second anchovy season to begin on November 23
United Kingdom
Nov 21, 04:00 (GMT + 9):
Senior MPs urge the Marine Stewardship Council to review Standard
Ecuador
Nov 21, 00:40 (GMT + 9):
BioMar appoints new General Manager
Malaysia
Nov 21, 00:30 (GMT + 9):
Cockle farm project helps Selangor fishermen diversify income



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Spain intends to achieve greatest possible increase for bluefin tuna TAC
Morocco The General Secretary of Fisheries of Spain participates in the negotiations of the 25th ordinary session of the International Commission for the Conservation of Atlantic Tunas, which takes place in Marrakech from November 14 to 22.
AZTI to analyze climate change effects in four important Spanish fisheries
Spain Setting the effects of climate change on the fisheries of Spanish fleets is the aim of a project developed by AZTI until June 2018.
Galicia and Wales will sign an agreement to minimize 'Brexit' impact
Spain Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will have and avoid damage to the fishing sector.
Baltic illegal discarding worsens despite landing obligation
European Union Compliance with the reformed Common Fisheries Policy’s Landing Obligation is almost non-existent in the Baltic Sea, exposing the European seafood supply chain to unprecedented levels of illegal behaviour, a new report warns.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER