MARKET BLOG

MARKET BLOG OCEAN FREIGHT Suppliers are finding that depending on different port, the freight from China to LA and New York is not same, from Zhanjiang to LA, the ocean freight for frozen seafood is USD 15000 and Zhanjiang to New York, that is USD 17000. But some ports like Dalian are seeing much higher […]

MARKET BLOG OCEAN FREIGHT The freight rate is still strong and it very difficult to get any space confirmation. Some liners do not offer the service to some ports like Chicago, Houston, San Francisco or Jacksonville. There is only available freight service to main port only. The quoted price to LA is somewhere between 13,000-21,000

MARKET BLOG This week, shrimp raw material prices in Vietnam rose further while prices have remained stable in most other producing countries. Frozen seafood exporters advised prices of smaller sizes of Pacific white shrimp in Vietnam continued to rise, as supplies of small sizes are tight while demand from market is very strong. Most farmers

MARKET BLOG OCEAN FREIGHT We were informed from many sources that freight situation is getting better in terms of availability and pricing. Unfortunately, we do not experience that in Thailand. The space is still very limited and price is still so high. Thailand seafood industry and exporter are still suffering from high freight cost. The

MARKET BLOG The Current State of Vietnam’s Shrimp Industry The Vietnamese shrimp industry is currently confronting several significant challenges that are expected to persist until at least mid-2024. Key factors affecting the market include reductions in seafood export targets, declines in shrimp export turnover, and complex global market dynamics. Adjustments in Export Targets and Turnover