Resources

Russian H&G pollock prices hold steady with big volumes expected in second half

Russian H&G pollock prices hold steady with big volumes expected in second half

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 – ...
Read More →
Vietnam’s CASES plans new plant to boost value-added shrimp output

Vietnam’s CASES plans new plant to boost value-added shrimp output

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  ...
Read More →
China’s salmon market potential is far bigger than you think

China’s salmon market potential is far bigger than you think

The sharp increase in exports shows consumers are hungry for more. Read More
Read More →
Pacific Seafood signals interest in dormant Peter Pan processing facility

Pacific Seafood signals interest in dormant Peter Pan processing facility

The King Cove plant is Peter Pan’s largest processing facility and is key to the survival of the town. Read More
Read More →
US scallop landing, wholesale prices head south again as fishing picks up

US scallop landing, wholesale prices head south again as fishing picks up

‘With carryover trips wrapping up, full access area openings on May 15 are expected to drive a fresh wave of fishing activity’ — Lorin Castiglione, ...
Read More →
Mowi’s new salmon burger launches in fresh space at select US Sam’s Club stores

Mowi’s new salmon burger launches in fresh space at select US Sam’s Club stores

The world’s largest salmon farmer’s new product launch in Sam’s Club comes after a ‘muted’ first quarter Read More
Read More →
High Liner execs say company prepared to mitigate any potential tariff impacts

High Liner execs say company prepared to mitigate any potential tariff impacts

‘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 ...
Read More →
Tariffs unlikely to dent US salmon demand, says Mowi CEO

Tariffs unlikely to dent US salmon demand, says Mowi CEO

Mowi, which farms salmon across seven countries, sees its Canadian operations emerging as a potential winner in the near term. Read More
Read More →
Vikenco claims Fortune’s ‘invalid’ lawsuit tied to $80m salmon contract dispute

Vikenco claims Fortune’s ‘invalid’ lawsuit tied to $80m salmon contract dispute

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 ...
Read More →
Week 20 US wholesale prices: Chinese 2x groundfish not moving despite tariff rollback; Live lobster, tails, meat hammered lower

Week 20 US wholesale prices: Chinese 2x groundfish not moving despite tariff rollback; Live lobster, tails, meat hammered lower

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 ...
Read More →
US shrimp import bill advances amid wider push for oversight

US shrimp import bill advances amid wider push for oversight

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 ...
Read More →
Inland Foods’ $92m ESOP lawsuit back from dead as appeals court reviews dismissal

Inland Foods’ $92m ESOP lawsuit back from dead as appeals court reviews dismissal

Inland Seafood employees initially filed a lawsuit in 2022, claiming executives at the company inflated the company’s value and misled buyers Read More
Read More →
Record Japanese coho salmon prices, improved operational margins boost AquaChile’s Q1 sales, profit

Record Japanese coho salmon prices, improved operational margins boost AquaChile’s Q1 sales, profit

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 ...
Read More →
Channel Fish, Trident win more USDA pollock contracts

Channel Fish, Trident win more USDA pollock contracts

The latest contracts are worth more than a combined $2.3 million Read More
Read More →
Three Alaska fishermen sentenced for illegally transporting crab in search of higher prices

Three Alaska fishermen sentenced for illegally transporting crab in search of higher prices

‘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 ...
Read More →
Nova Scotia opens door for more lobster, crab buyers licenses with end of processing moratorium

Nova Scotia opens door for more lobster, crab buyers licenses with end of processing moratorium

‘Accepting applications from new entrants, or established businesses that want to expand their products, will help drive the economy and grow our seafood sector’ — ...
Read More →
Grieg’s stock price surges as analysts deliver positive forecast contingent on sale

Grieg’s stock price surges as analysts deliver positive forecast contingent on sale

Arctic Securities believes there’s a 50% chance of Grieg being sold by the end of the summer Read More
Read More →
New processing facility delivers 30% revenue boost for Norwegian seafood producer

New processing facility delivers 30% revenue boost for Norwegian seafood producer

Despite Trump-era tariffs, company CEO said business remains stable. Read More
Read More →
Major US seafood buyer Harvest Sherwood files for bankruptcy, attacks grocery giant Sprouts

Major US seafood buyer Harvest Sherwood files for bankruptcy, attacks grocery giant Sprouts

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 ...
Read More →
Chile’s Blumar halts $30m investment over new fishing bill

Chile’s Blumar halts $30m investment over new fishing bill

The new fishing legislation, currently under debate in the Chilean congress, has triggered strong backlash Read More
Read More →
Canada’s aquaculture sector urges ‘new framework for growth’ after cabinet shakeup

Canada’s aquaculture sector urges ‘new framework for growth’ after cabinet shakeup

The industry sees opportunity for job creation, investment and food security following a cabinet shakeup Read More
Read More →
Trump to continue national monument ping-pong match, re-open Seamounts to commercial fishing

Trump to continue national monument ping-pong match, re-open Seamounts to commercial fishing

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
Read More →
After years of low prices, Ecuador shrimp producers switch to more profitable sizes

After years of low prices, Ecuador shrimp producers switch to more profitable sizes

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 ...
Read More →
Anchovy harvest reaches 1 million-ton milestone

Anchovy harvest reaches 1 million-ton milestone

The first-season quota of 3 million metric tons is the highest set by Peru since 2018. Read More
Read More →
Grieg founder steps down after 33 years

Grieg founder steps down after 33 years

“It is time to pass the baton to a new generation” said Per Grieg Jr. Read More
Read More →
Norway frozen H&G cod prices hit new record as US cuts tariffs on China

Norway frozen H&G cod prices hit new record as US cuts tariffs on China

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 ...
Read More →
New global tariff era could prompt Norway’s salmon farmers to invest more in processing

New global tariff era could prompt Norway’s salmon farmers to invest more in processing

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 ...
Read More →
Nissui bets on Europe to offset Americas slowdown, targets record $6.1bn sales

Nissui bets on Europe to offset Americas slowdown, targets record $6.1bn sales

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 ...
Read More →
Ecuadorian tuna vessel shortened to join Tri Marine’s Solomon Islands fleet

Ecuadorian tuna vessel shortened to join Tri Marine’s Solomon Islands fleet

The 57-metre-long vessel was shortened by around 10 meters to meet the Solomon Islands’ regulatory limits for fishing boats Read More
Read More →
Australia’s Seafarms to be repaid near $1m in admin fees by court, appeals for rest

Australia’s Seafarms to be repaid near $1m in admin fees by court, appeals for rest

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 ...
Read More →