Sources: China processor Longyuan exposed over mutual guarantee with Yilufa


China whitefish and salmon processor Qingdao Longyuan’s mutual guarantee with troubled processor Yilufa also puts it in difficulty, say sources in China and Europe (more…)

Sources: China processor Yilufa in crisis talks with banks amid tough climate for Qingdao salmon, whitefish firms

Alaska pollock China

Qingdao Yilufa in talks with banks and government amid financial difficulties, with local politicians keen to keep the company going to avoid a chain of bankruptcies, sources say (more…)

CEO turnover continues at Long John’s as Kern’s replacement Armstrong walks

Long John Silver's

Having been brought in as CEO of fast seafood giant Long John Silver’s to replace Mike Kern, Undercurrent News understands Kevin Armstrong has abruptly left, with an insider in the top spot (more…)

US Russia-bound product in limbo as sellers seek alternative markets

Alaskan salmon roe, here on display at the Brussels seafood show 2014, could be hard hit by Russia's food import ban

Several containers bound to Russia prior to the ban remain in limbo, either in storage or still on their way to Russia, with no certainty as to whether they will get across the border (more…)