MEKSEA.COM – Entering the post-Covid era, once again transportation costs are escalating, but under different circumstances. The crisis that emerged in late 2023 is posing new challenges for global freight industries. As shippers strive to find solutions and alternative routes, an interesting development is the proposal for a land bridge through the Middle East. Dubbed […]

MEKSEA.COM – Canned fish is set to take the spotlight in 2024. The canned fish industry has been experiencing a growing trend in retail sales in the United States, reaching a revenue of $2.7 billion in 2023.     Canned fish has become an increasingly popular food trend in the US market, with numerous companies […]

MEKSEA.COM – Tuna became the most consumed seafood in the UK in 2023, surpassing salmon, according to a study published by Seafish, the UK’s seafood authority. Seafish, which supports the seafood industry, attributed this shift to “consumers feeling the strain as daily living costs rise.”     Other significant findings from the report revealed that […]

MEKSEA.COM – The tension in the Red Sea has led to several shipping companies announcing an increase in freight rates starting from January 2024. Due to the impact on safety and transportation routes, major shipping lines such as Yang Ming Line, One, Evergreen Line, HMM, Maersk, and others have notified additional fees for route changes […]

MEKSEA.COM – Seafood export revenue in 2023 was estimated to reach 9.2 billion USD, equivalent to 92% of the annual target, according to the Department of Fisheries at the Ministry of Agriculture and Rural Development.     Shrimp is the largest contributor to total export turnover, with about 3.45 billion USD, followed by pangasius with […]

MEKSEA.COM – According to Vietnam Customs data for November 2023, the export of Vietnamese pangasius to China and Hong Kong continued to show positive growth, reaching over 39 million USD, a 28% increase compared to last year. Specifically, the export value to China was over 36 million USD, representing a 29% growth compared to November […]

MEKSEA.COM – This is the first time in 2023, that Vietnam’s tuna export shows a bright picture. According to Vietnam Customs statistics, the tuna export in November 2023 increased by 23% compared to the same period, reaching nearly 79 million USD. Accumulated over the first 11 months of 2023, Vietnam’s tuna export reached 772 million […]

MEKSEA.COM – Agricultural and aquatic exports are expected to reach over 53 billion USD in 2023, including approximately 3.6 billion USD from shrimp exports. This information was shared by Vietnam’s Deputy Prime Minister, Mr. Le Minh Khai, at the opening ceremony of the 2023 Cà Mau Shrimp Festival and the OCOP (One Commune, One Product) […]

MEKSEA.COM – After a decline in the fourth quarter of 2022, the export of canned tuna from Vietnam has shown a tendency to rebound in 2023, although the growth rate is not high. In the cumulative 10 months of 2023, the export value of this product group from Vietnam reached over 205 million USD, a […]

MEKSEA.COM – In 2023, a year full of uncertainties is coming to a close, and optimistic signs in the seafood production sector are emerging, indicating a positive shift in the global market in 2024.     According to a recent report from Rabobank, the prospects for seafood production and business in 2024 are more optimistic […]