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


Shrimp sale in an Indian market. (Photo: VASEP)

Seafood industry to fight US shrimpers' countervailing duties petition

Click on the flag for more information about India INDIA
Friday, January 04, 2013, 23:50 (GMT + 9)

India’s shrimp export industry now must not only try to survive despite higher shipping freight rates for reefer cargo, but also despite the news that the US could apply a countervailing duty on Indian seafood. 

Exporting to the US would have eased the struggle faced by the Indian seafood industry given the economic turmoil in Europe and Japan’s move to accept consignments only if they came with low ethoxyquin levels.

Meanwhile, marine seafood products exports dropped in quantity and value in dollars for the six months ended September 2012. Exports slightly grew in rupee terms, The Economic Times reports. 

India’s seafood industry is now up against the Coalition of Gulf Shrimp Industries (COGSI), which has filed a petition with the International Trade Administration of US Department of Commerce (DOC) and the US International Trade Commission (USITC), asking for the enforcement of countervailing duties on frozen warm water shrimps from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. The coalition argues that these countries’ shrimp production and export are heavily subsidized by their governments and they need countervailing duties to compensate for their unfair competitive edge. 

The move could increase duties by as much as 21 per cent for India’s seafood industry. The US already imposes a 2.52 per cent antidumping duty on Indian shrimp imports. 

"We plan to fight it in the court by engaging the best lawyers," said DB Ravi Reddy, president of the Seafood Exporters Association of India (SEAI). 

Officials of the Marine Products Export Development Authority (MPEDA) together with exporters are gathering in Chennai as the USITC would be sending exporters a questionnaire to complete within 10 days, so the USITC can finalise its hearing and make a preliminary determination by 11 February. The DOC will also have a say, Deccan Chronicle reports. 

The US is the main buyer of Indian marine products, representing 24.28 per cent for the six months ended September 2012. 

Indian seafood exports touched 349,009 tonnes worth INR 79.8 billion (USD 1.5 billion) for the first six months of FY13 (April to September 2012), down almost 7 per cent y-o-y in quantity and 17 per cent in dollar terms, with a nominal growth of 0.47 per cent in rupee terms. 

This decrease is tied to the global recession, a weaker rupee, hindered exports to Japan due to the ethoxyquin issue and China’s implementation of new regulations on exports and certification. 

Besides, as production in Southeast Asia has recovered, prices have fallen. 

"We may be able to retain last year's export figures, if not more. The impact of the US move, if it comes through, will be felt more in the next year," MPEDA said.

Related article:

- Shrimpers claim higher import duties 

 

By Natalia Real
editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Viet Nam
Sep 27, 02:40 (GMT + 9):
Technical standards developed improve frozen catfish quality
United States
Sep 27, 01:50 (GMT + 9):
First 'marine monument' created in the Atlantic
Spain
Sep 27, 01:20 (GMT + 9):
Spanish fleet maintains TACs in NAFO area
Namibia
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Fisheries workers fear job losses through phosphate mining
Australia
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Fishing industries under pressure
United States
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Fish oil improves mood, boosts brain functioning
Angola
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Angola re-launches production of canned fish
Australia
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Spring Bay Seafoods lodges plans for Okehampton Bay marine farm
European Union
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Brexit offers unparalleled opportunity for our coastal communities to prosper
United States
Sep 27, 01:00 (GMT + 9):
IN BRIEF - Alaska lawmakers on guard for potential new offshore monuments
Iran
Sep 27, 00:50 (GMT + 9):
China to invest USD 3,000 on fisheries and aquaculture projects
Rwanda
Sep 27, 00:00 (GMT + 9):
IN BRIEF - Danish fish feed production plant to open shop in Rwanda
New Zealand
Sep 27, 00:00 (GMT + 9):
IN BRIEF - New Zealand and Australia investors keen on salmon shares
India
Sep 27, 00:00 (GMT + 9):
IN BRIEF - AP to set up expert panel for aquaculture development
United States
Sep 27, 00:00 (GMT + 9):
IN BRIEF - Alaska Gov. Walker appeals for a pink salmon disaster declaration



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Global tuna catches grow but overfishing continues
Worldwide The global commercial tuna catch reached 5 million tons in 2014, an increase from 4.6 million in 2013, reveals the International Seafood Sustainability Foundation in its latest report on the global tuna stock situation.
High microplastic content found in commercial fish
Spain Researchers at the Spanish Institute of Oceanography who analyzed micro-plastics intake in fish species of the Spanish Atlantic and Mediterranean coasts found a high percentage of them in the stomachs of several commercially important fish.
Catch limit per vessel suspended due to shrimp abundance
Argentina The Federal Fisheries Council decided to temporarily suspend shrimp catch limits set per boat, given the abundance of this crustacean observed during this fishing season.
Seafood exports forecast to hit USD 10 billion by 2020
India The Government of India believes that a safe and sustainable aquaculture will help to give seafood exports a major thrust by 2020, as by that time export turnover has been forecast to hit USD 10 billion.
 
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
Nueva Pescanova, S.L. - Group 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.
Food Project (Siam) Co., 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. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
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 - 2016 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER