Glossary

FAO stands for the Food and Agriculture Organization of the United Nations. It is an international organization that works to eliminate hunger, promote sustainable agriculture, and improve food security worldwide.

Shrimp that are raised in shrimp farms rather than harvested in the wild.

An Incoterm where the seller delivers the goods to a carrier or nominated party specified by the buyer at a named place, and the buyer assumes responsibility for transportation costs and risks from that point.

FDA stands for the U.S. Food and Drug Administration. It is a regulatory agency of the United States Department of Health and Human Services responsible for protecting and promoting public health through the regulation and supervision of various products, including food, drugs, medical devices, vaccines, cosmetics, and more.

Measure of the ability of shrimp to convert feed into body mass, influencing the profitability and sustainability of the culture.

Process by which a shrimp fishery is assessed and certified for meeting sustainability standards and good practices.

Rules and regulations implemented by governing bodies to manage and govern shrimp fishing activities, ensuring sustainability and responsible practices.

The abundance and availability of shrimp and other seafood species in a given area or region.

The taste profile of shrimp, which can be delicate, sweet, mild, or even slightly briny, depending on the species and how it’s prepared.

Refers to goods or cargo that is transported by various modes of transportation, such as ships, airplanes, trucks, or trains. It represents the commercial movement of goods from one location to another, typically involving the payment of transportation charges or fees.