Norway, China normalize trade; resume free trade negotiations

December 19, 2016, 10:42 am Undercurrent News Norway’s government has announced a full normalization of trade with China, and added that efforts to settle a free trade agreement have resumed. “This is good news for us in the seafood industry,” said Geir Ove Ystmark, CEO of the Norwegian Seafood Federation. “China is the world’s most populous […]

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Seafood Sales Reported Excellent Through China’s Online Sellers on Singles Day

SEAFOODNEWS.COM  [SeafoodNews] with Amy Zhong November 29, 2016 Alibaba has achieved gross merchandise value of 120.7 billion yuan within the Singles Day (11/11). Though the company has not disclosed its sales of aquatic products yet, below is a review of some aquatic companies’ performance during the festival.     Fresh Life, a fresh e-commerce company, […]

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Thai Union to Launch King Oscar Brand in China

SEAFOODNEWS.COM [Just-Food] by Dean Best – November 30, 2016 Thai Union Group is to take its international seafood brand King Oscar into China. The company is launchin gfrozen salmon, lobster and shrimp products, as well as unspecified “value-added” lines, under the “premium” brand. “Thai Union’s initial focus will be on the Beijing and Shanghai markets,” […]

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Chinese internet giant Alibaba invests in Gfresh

QINGDAO, China — Chinese seafood e-commerce website Gfresh has secured $20 million investment from Chinese internet giant Alibaba and Legend Capital, the investment arm of Legend Holdings, parent company of PC maker Lenovo Group. The announcement was made today at the China Fisheries & Seafood Expo in Qingdao, China, at a special conference called for […]

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Record Chinese Demand for Western Australian Yabbies Triples Production

  SEAFOODNEWS.COM [ABC] by Michelle Stanley – November  9, 2016 Record Chinese Demand for Western Australian Yabbies Triples Production An increase in Chinese demand for Western Australian yabbies has seen production triple in just over a year, according to one of the state’s exporters. Production manager of Cambinata Yabbies, Ian Nenke, said the company had […]

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Clearwater sees opening for scallops, Macduff products in Chinese e-commerce

November 7, 2016 Undercurrentnews.com QINGDAO, China — Canadian fishing firm Clearwater Seafoods plans to add scallops and products from its 2015 UK acquisition, Macduff Shellfish Group, to its portfolio for e-commerce sales in China. Clearwater has recently started selling its products through e-commerce platforms, such as JD.com and Tmall, focused on lobsters and clams, Ian Smith, CEO, […]

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JD Fresh Claims Revolutionary Delivery of Frozen Seafood to Interior China with Zhoushan Deal

Seafood.com October 25, 2016 JD Fresh has signed an agreement with Ocean Family, and the government of Zhoushan city, to promote online sales of high quality, traceable seafood.  Zhoushan is one of the main distant water seafood landing ports in China. The cooperation agreement is with the local government of Zhoushan city, Zhejiang.  Ocean Family […]

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Increase in Overseas Exhibitors Pushes China Fisheries & Seafood Expo to Another New Record

Qingdao, China: A sharp increase in exhibit space by overseas companies looking to cash in on China’s rapidly growing appetite for imported seafood helped China Fisheries & Seafood Expo set a new record for exhibit space for the 15th consecutive year. The 21st annual edition of the show will be held at the Qingdao International […]

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Good Lobster Supplies Spur Competition in China, With Walmart Prices for Lobster Lower Than Online

SEAFOODNEWS.COM [163.com] Translated by Amy Zhong   October 17, 2016 Lobsters become more accessible to Xiamen households as supplies increase and there is more price competition.  Imported lobsters used to be representative of high-end seafood. But now these lobsters have become more accessible to most households than before. For example, Boston lobsters sold at about […]

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