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Russian H&G pollock prices hold steady with big volumes expected in second half
May 14, 2025
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Some sources feel prices in the second half of 2025 could rise, but others said the 700,000t West Bering Sea TAC could temper this – ...
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Vietnam’s CASES plans new plant to boost value-added shrimp output
May 14, 2025
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The new plant is ‘particularly important as competing suppliers, like Ecuador and India, shift to higher-margin shrimp products,’ said deputy sales manager Hong Minh Quang ...
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China’s salmon market potential is far bigger than you think
May 14, 2025
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The sharp increase in exports shows consumers are hungry for more. Read More
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Pacific Seafood signals interest in dormant Peter Pan processing facility
May 14, 2025
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The King Cove plant is Peter Pan’s largest processing facility and is key to the survival of the town. Read More
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US scallop landing, wholesale prices head south again as fishing picks up
May 14, 2025
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‘With carryover trips wrapping up, full access area openings on May 15 are expected to drive a fresh wave of fishing activity’ — Lorin Castiglione, ...
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Mowi’s new salmon burger launches in fresh space at select US Sam’s Club stores
May 14, 2025
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The world’s largest salmon farmer’s new product launch in Sam’s Club comes after a ‘muted’ first quarter Read More
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High Liner execs say company prepared to mitigate any potential tariff impacts
May 14, 2025
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‘We are taking the necessary steps to implement plans, including pricing actions and other supply chain initiatives to mitigate the impact of tariffs and reduce ...
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Tariffs unlikely to dent US salmon demand, says Mowi CEO
May 14, 2025
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Mowi, which farms salmon across seven countries, sees its Canadian operations emerging as a potential winner in the near term. Read More
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Vikenco claims Fortune’s ‘invalid’ lawsuit tied to $80m salmon contract dispute
May 14, 2025
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Vikenco claims Chris Marchese, formerly employed by Fortune subsidiary Boston Sword and Tuna, did nothing wrong in his move to become CEO of the Norwegian ...
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Week 20 US wholesale prices: Chinese 2x groundfish not moving despite tariff rollback; Live lobster, tails, meat hammered lower
May 14, 2025
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UCN’s week 20 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, frozen lobster, groundfish, farmed whitefish, scallops, crab and salmon ...
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US shrimp import bill advances amid wider push for oversight
May 14, 2025
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The Safer Shrimp Imports Act is one of three shrimp import-related bills introduced in recent months, each targeting a different aspect of the supply chain ...
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Inland Foods’ $92m ESOP lawsuit back from dead as appeals court reviews dismissal
May 14, 2025
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Inland Seafood employees initially filed a lawsuit in 2022, claiming executives at the company inflated the company’s value and misled buyers Read More
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Record Japanese coho salmon prices, improved operational margins boost AquaChile’s Q1 sales, profit
May 14, 2025
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Coho salmon prices in Japan reached record highs during Q1 2025, noted Agrosuper, which owns AquaChile. The group also said it expects limited impact from ...
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Channel Fish, Trident win more USDA pollock contracts
May 14, 2025
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The latest contracts are worth more than a combined $2.3 million Read More
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Three Alaska fishermen sentenced for illegally transporting crab in search of higher prices
May 14, 2025
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‘This sentencing serves as a clear reminder that there are serious consequences for those who break the rules’ — Benjamin Cheeseman, NOAA’s Office of Law ...
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Nova Scotia opens door for more lobster, crab buyers licenses with end of processing moratorium
May 14, 2025
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‘Accepting applications from new entrants, or established businesses that want to expand their products, will help drive the economy and grow our seafood sector’ — ...
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Grieg’s stock price surges as analysts deliver positive forecast contingent on sale
May 14, 2025
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Arctic Securities believes there’s a 50% chance of Grieg being sold by the end of the summer Read More
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New processing facility delivers 30% revenue boost for Norwegian seafood producer
May 14, 2025
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Despite Trump-era tariffs, company CEO said business remains stable. Read More
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Major US seafood buyer Harvest Sherwood files for bankruptcy, attacks grocery giant Sprouts
May 14, 2025
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Nearly a month after ceasing operations, seafood buyer Harvest Sherwood and 12 of its affiliates have filed for Chapter 11 (reorganization) protection in the US ...
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Chile’s Blumar halts $30m investment over new fishing bill
May 14, 2025
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The new fishing legislation, currently under debate in the Chilean congress, has triggered strong backlash Read More
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Canada’s aquaculture sector urges ‘new framework for growth’ after cabinet shakeup
May 14, 2025
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The industry sees opportunity for job creation, investment and food security following a cabinet shakeup Read More
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Trump to continue national monument ping-pong match, re-open Seamounts to commercial fishing
May 14, 2025
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In the past, commercial harvesters have fished in the protected area for crab, squid, butterfish, mackerel, swordfish, mahi-mahi and yellowfin and bigeye tuna Read More
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After years of low prices, Ecuador shrimp producers switch to more profitable sizes
May 14, 2025
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Ecuador’s shrimp exporters were closely monitoring fluctuations in global shrimp supply and demand, hoping to reverse a slight decrease in the country’s shrimp exports in ...
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Anchovy harvest reaches 1 million-ton milestone
May 14, 2025
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The first-season quota of 3 million metric tons is the highest set by Peru since 2018. Read More
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Grieg founder steps down after 33 years
May 14, 2025
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“It is time to pass the baton to a new generation” said Per Grieg Jr. Read More
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Norway frozen H&G cod prices hit new record as US cuts tariffs on China
May 14, 2025
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Undercurrent adjusted its week 20 CIF China price assessment on Norwegian 1-2.5kg frozen, trawl-caught H&G cod upwards by $50-$100/t, with sellers pushing for further increases ...
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New global tariff era could prompt Norway’s salmon farmers to invest more in processing
May 14, 2025
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With US tariffs and Norway’s tax situation still in flux, SCA’s Jorgen Horntvedt expects to see investments taking farmers deeper into processing, efficiency, and consolidation ...
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Nissui bets on Europe to offset Americas slowdown, targets record $6.1bn sales
May 14, 2025
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The Japanese seafood giant expects consolidated revenue to rise to a record JPY 900bn, as it hopes strong growth in Europe offsets profit pressures in ...
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Ecuadorian tuna vessel shortened to join Tri Marine’s Solomon Islands fleet
May 14, 2025
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The 57-metre-long vessel was shortened by around 10 meters to meet the Solomon Islands’ regulatory limits for fishing boats Read More
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Australia’s Seafarms to be repaid near $1m in admin fees by court, appeals for rest
May 14, 2025
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Seafarms Group has constantly argued against the insolvency of its vast Project Sea Dragon shrimp farm, and has been in a long-running legal battle with ...
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