ICES approves new mackerel benchmark, but no new advice yet


In key meeting last week ICES has agreed on new benchmark for assessing Northeast Atlantic mackerel stock, but new estimate is unlikely to be as high as rumored in industry, while a 2014 advice might not be issued before April (more…)

Double-frozen cod, Alaska pollock imports to US rise in early 2014

Photo: Petros Angelatos

US imports of Alaska pollock and cod from China were up by 25% or more in the first two months of the year, while imports of cod from Russia plummeted to almost nothing (more…)

Surimi buyers come in early for US whiting as tropical shortage continues

Surimi buyers make early deals on Pacific whiting from US catchers, with demand for hake and pollock strong in Asia, EU and US, on shortage of tropical raw material

Invermar lone exception as Chile salmon producers rack up losses for 2013

Chile salmon farm pens cages 4

With a gain of $7.2m, Invermar stood out from its peers in 2013 as Australis Seafoods, Multiexport Foods, Aquachile, Blumar Seafoods and Camanchaca all ended the year in the red, albeit showing a big recovery from 2012 (more…)

NZ King Salmon awarded first new salmon farms in 20 years

Supreme Court of New Zealand has given green light for three out of four new salmon farms in Marlborough; the new farms represent the first to be allocated in over 20 years

Madrid analysts skeptical about a Pescanova comeback to stock market


Bourse analysts canvassed by Undercurrent News have few hopes for the more than 10,000 small shareholders left in limbo since Pescanova’s shares were suspended a year ago (more…)

Thai Union: MW Brands can reach €1bn sales within three to five years

Volatile tuna prices hit Thai Union in 2013, though the branded business showed resilient growth, said the group

Paris-based tuna canner has ability to up sales by nearly 50% in next few years, says Thai Union president, as he reiterates better outlook ahead for the Thai tuna and shrimp business (more…)

Poor fishing in Peru hamper Hayduk expansion plans

But with tuna volumes strong, company is on track to carry out its plan for a doubling of canned tuna volumes this year

Arctic Storm’s surimi production outstrips blocks on strong global market

Arctic Storm pollock vessel

For first time in 15 years, US pollock harvester Arctic Storm produced more surimi than blocks in A season (more…)