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BLUU Seafood Launches Pilot Plant in Germany; Ordinary Seafood Halts Business Operations
Tradoubles Team
May 12, 2024
Welcome to our Seafood Spotlight: Shrimp Edition!
Dear Seafood Enthusiasts,
As we commemorate Mother's Day, we find solace and significance in the culinary offerings of the sea. This year, amidst the celebrations, seafood takes on a poignant role, symbolizing the depth of maternal love and care. From the regal presence of lobster to the humble elegance of shrimp, each dish serves as a testament to the unwavering support and nurturing embrace of mothers worldwide. Join us as we delve into the emotionally resonant realm of seafood, where every delicacy is a dignified homage to the timeless bond between mother and child.
DISCOVER THE FRESHEST WEEKLY UPDATES:
Keeping a close watch on advancements in plant-based and cell-based seafood alternatives, BLUU Seafood, headquartered in Berlin, Germany, has inaugurated its inaugural pilot plant in Europe. Situated in the Altona district of Hamburg, the facility spans 2,000 square meters, housing dedicated research, production, and office areas. Specializing in cell-cultivated seafood products, BLUU Seafood focuses on cultivating muscle, fat, and connective tissue cells from Atlantic salmon and rainbow trout. With this new establishment, the company aims to enhance its development capabilities and seize emerging opportunities.....read more
Chinese Seafood Firms Revert to Export Strategy Amid Renminbi Weakness Concerns" As the Chinese renminbi hits a six-year low against the US dollar, executives from multiple Chinese seafood companies, gathered at the 2024 Seafood Expo Global in Barcelona, express growing apprehension over potential further devaluation. In response, these firms are returning to an export-focused strategy to mitigate currency risks at home....… read more
In a notable milestone, Norwegian land-based salmon farming company Salmon Evolution has announced its inaugural positive earnings for the first quarter of 2024, marking a significant achievement for the company...…read more
In April, the U.S. Food and Drug Administration (FDA) declined 89 seafood imports, with 15 rejections attributed to the presence of prohibited antibiotics in shrimp shipments. Stay tuned for more details on this regulatory development....….read more
In the opening quarter of 2024, global fishmeal production witnessed a notable drop of around 27% when contrasted with figures from the corresponding period in 2023.….read more