- Business
- Shanghai Kaichuang Marine International Co., Ltd. engages in deep-sea fishing, aquatic product processing, fishery trading, and maritime transportation primarily in China and international markets. The company operates through its wholly-owned subsidiary Shanghai Kaichuang Deep Sea Fisheries Co., Ltd., which manages a fleet of 12 tuna purse seiners and two large factory trawlers; offers raw fish including tuna, horse mackerel, Alaska pollock, Japanese mackerel, and Antarctic krill; provides semi-processed products such as tuna loins; produces canned aquatic products comprising tuna, sardine, beans, and meat with over 100 varieties and annual capacity exceeding 70 million cans; and sells other seafood encompassing sablefish, spot prawns, lingcod, rockfish, albacore tuna, chum salmon roe, Dungeness crab, halibut, coho salmon, chum salmon, sockeye salmon, flounder, black cod, peony shrimp, Arctic sweet shrimp, Canadian lobster, snow crab, rare crab, sea cucumber, and panopea generosa. It serves domestic and global customers through subsidiaries and controlled entities such as Hijos de Carlos Albo S.L.U. in Spain for canned fish production, Pan Pacific Foods (RMI) Inc. and Pan Pacific Fish (RMI) Inc. in the Marshall Islands for tuna processing and fishing, Kanglong (H.K.) Shipping Limited in Hong Kong for fishery transportation, Asian Pacific Tuna Pvt. Ltd., Cape St. Vincent (FSM) Inc., French Creek Seafood Ltd. in Canada for North American sourcing and premium species, and Zhoushan Huantai Seafood Co., Ltd. in China. Founded in 1997 and headquartered at 3/F, Building 3, 661 Anpu Road, Yangpu District, Shanghai, China, the company listed on the Shanghai Stock Exchange in 2008 under ticker 600097.SS with registered capital of 202.59 million yuan. Recent developments include the completion in 2024 of acquiring the remaining 30% equity in French Creek Seafood Ltd. for CAD 3.3 million following the initial 70% purchase in 2019, enhancing its North American sourcing network for premium seafood; prior acquisitions such as Hijos de Carlos Albo S.L.U. in 2016 and establishment of Pan Pacific entities and Kanglong Shipping in 2015; and ongoing leadership in China Overseas Fisheries Association working groups for large tuna purse seiners and factory trawlers.