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Russia eyes increased seafood exports to new markets

Brazil, Turkey, Iran, Algeria and Nigeria are viewed as priority fish export markets for products with high levels of added value, according to Rosrybolovstvo's head

High Liner ‘well prepared’ for expanded Russia ban, may still bring in some haddock

High Liner is prepared for the expanded US ban on Russian seafood processed in third countries, scheduled to take effect on June 1, CEO Paul Jewer told Undercurrent News at Seafood Expo Global

Credit: Gamzova Olga/Shutterstock.com

‘Dire times’ in pollock surimi comparable to 2017 Pacific Andes-induced fillet market crash

Trident Seafoods Japan launches marketing promotion for Alaskan pollock crab sticks

Trident’s Pickenpack back in market for Russian pollock

Barcelona 2024: US lobster industry braces for impact of new minimum size rules; Bad weather hits Argentine illex squid catch, prices rise

Viciunai finally sells Russian factory

Lithuanian retailers may drop Viciunai after reports firm violated Russian sanctions

Price talks over Alaskan pollock surimi for Japan rumble on after A season

Alaskan pollock roe prices stay firm with greater output for A season

Latest news

Pollock fillets. Credit: Ernst Kratzenstein & Co.

EU pollock fillet imports tank in early 2024, US levels still low ahead of full Russia ban

H&G Russian pollock prices edge past $1,000/t with China short on stock

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UCN adds prices for more US scallop sizes, East Coast groundfish

Maruha accelerates solar panel installation to reduce CO2 emission by 23,000t over three years

Silver Bay confirms Peter Pan’s King Cove plant won’t open for salmon season

Silver Bay, Peter Pan deal leaves future of King Cove plant in doubt

free read Track gulf in Norwegian, Russian cod, haddock prices with UCN indexes

Pollock inventory in China declines as imports drop significantly

Russian spring pollock season ends with surimi output up 40%

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Cassie Canastra optimistic about New England groundfish

Channel Fish moves into skin-packs, eyes new plant in five-year plan to hit $250m sales

Hilton Seafood UK

Hilton proposes UK filleter lay-offs amid automation push

FAO: Fisheries, aquaculture production hit new global record in 2022

Credit: Moving Moment/Shutterstock.com

2023 retail inflation sees most UK key seafoods hike in price, volumes drop

Russian Fishery Company Russian pollock

Russia ‘excessively self-sufficient’ in pollock, aims to lift exports

USDA comes in with another big Alaska pollock bid, this time for nuggets

Japan’s imports up 17% in Feb boosted by Chilean coho salmon, Alaskan pollock surimi

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Credit: CGissemann/Shutterstock.com

US pollock fillet sellers get domestic premium while cheap Chinese, Russian volumes keep EU market down, for now

US pollock fillet sellers are getting a premium on domestic sales of up to $250/t compared to exports to the EU, where cheaper Chinese and Russian fillets are impacting the market in the short term

Higher Russia, US pollock roe volumes see prices drop for Japanese, South Korean buyers

Despite the inventory of pollock roe staying at a 10-year low in Japan, an increase in supply from the US and Russia has pushed bidding prices down at auctions in Busan and Seattle

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aquaculture

High Liner Foods’ first investment in aquaculture not likely its last

Norwegian cod prices to peak in 2025 as EU faces fierce global competition

free read Recap day three of US seafood market event

prices

Russian pollock sellers can’t talk A season fillet deals until 2023 stock clears at rock-bottom prices

Prolonged price negotiation for Alaskan pollock surimi continues with Japanese buyers

Alaskan pollock producers offer 17% more roe at Seattle auction, prices hold

companies

Bumper whitefish prices see Kangamiut Group’s profit rocket, turnover pass $700m

Maruha snaps up 10% stake in Japan’s largest surimi producer for $19m

Klaus Nielsen: We will make UK a ‘good Espersen plant’ in two years

people

Belmans returns to surimi with startup Viciunai competitor

New York luxury home builder, squid, whiting harvester is partner in purchase of Blue Harvest fleet

Norebo to handle European sales from Hong Kong after UK entity ‘closure’

m&a

$14bn investor with Bregal connection is favorite to buy American Seafoods

Russian seafood sector’s debt burden passes $10bn

New Gorton’s Indiana plant to involve $89.3m capital investment

retail

World’s largest pollock buyer Nomad notes difficulty of replacing Russia, anticipates more sanctions

UK imports of Russian-origin salmon, whitefish fillets from China likely close to 40,000t in 2023

Russian Fishery ‘gradually’ convinces Chinese buyers to substitute pollock surimi for warmwater

processing

Trident still using Russian pollock in Europe after toasting latest US ban

China’s largest pollock company has no plan to give up Russian fish

German seafood giants cooperate on Bremerhaven net zero project

fishing

As Blue Harvest auction looms, some New England groundfish harvesters want to see fleet split up

Russia ups January-February wild catch of pollock, Pacific herring

Russia alters tax laws in effort to aid seafood sector