
Norway's Seafood Surge: Salmon and Crab Exports to the US Skyrocket Before New Tariffs
In a remarkable turn of events, Norway has witnessed a significant increase in its seafood exports to the United States, particularly in salmon and crab, as exporters rushed to ship their products prior to the implementation of new tariffs. This surge is not just a boon for Norwegian producers but also underscores the complex dynamics of international trade in the seafood industry.
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China's Fish Farmers Struggle as Tariffs from Canada Drive Up Food Costs
In a developing story impacting the aquaculture industry, Chinese fish farmers are grappling with surging food costs attributed to recent tariffs levied by Canada on certain seafood products. The Canada Border Services Agency has implemented increased tariffs aimed at countering what it describes as unfair trade practices, significantly affecting the supply chain and the operational costs for fish farming in China. This unexpected turn of events is reshaping the landscape for fish farmers, forcing them to navigate higher expenses and reconsider their business strategies.
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Global Seafood Supply Chain Faces Traceability Crisis
In an alarming development for the global seafood industry, recent investigations have uncovered significant challenges in tracing the origins of fish and seafood products. This crisis raises serious concerns about sustainability, food safety, and accountability, leaving consumers and businesses alike questioning the integrity of the supply chain.
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Salmon Giant Mowi Set to Supercharge Profits with 20% Harvest Boost and Major Cost Cuts!
Mowi ASA, the world's largest salmon producer, has unveiled aggressive plans to hike harvest volumes by as high as a fifth while at the same time shaving off operational costs. The Norwegian seafood giant intends to record a 20% increase in its harvest volume, the company announced on Thursday, September 26, 2024.
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