The fully-integrated hatchery, farm and processing facility located south of Jeddah, Kingdom of Saudi Arabia was built at a cost of more than $350m and was established in a bid to tap into the booming global seafood market.
The company presently exports in excess of 13,000 tonnes of shrimp every year to more than 30 countries. NPC has recently commenced the construction of the second phase of the project's pond, which will significantly increase its annual production to more than 45,000 tonnes of premium quality shrimp.
NPC's product-line is currently marketed locally and internationally under the brand name “ Al- Watania” and other international brand names.
Horse mackerel fishing right case postponed Namibia
The case between several firms holding horse mackerel fishing rights and the minister of fisheries and marine resources has been postponed to February next year by a judge after hearing oral arguments.
Shipowners claim rule change on sharks Spain
The ban on onboard shark processing to separate bodies from fins, presented by the European Commission as a necessary measure to prevent finning has again been ignored, for the sixth time, by the ICCAT.
Skyrocketing profits for TUF in Q3 Thailand
Thai Union Frozen Products PCL. (TUF) nearly doubled its financial results for the third quarter of 2014 with an outstanding net profit of almost USD 58.5 million.
Supertrawlers ban finishes amid complaints Australia
The ban preventing 'supertrawlers' from fishing in Australian waters comes to an end this week amid conservationists and recreational fishers’ demands for a permanent stop.
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