CNBC: Red Lobster seeks buyer to avoid bankruptcy
At least one firm has expressed interest in buying the chain, but a deal never came to fruition
Loss of Canadian operations would be ‘big blow’ to Cermaq’s global business, warns sustainability director
The prospect of losing its BC operations to an abrupt closure, as opposed to a managed transition, threatens to force Cermaq to consider a complete withdrawal from the province -- Linda Sams
Icelandic capelin roe prices unchanged even after zero catch for 2024 season
Icelandic sellers and Asian buyers are each waiting for the other to crack on capelin sales after zero catches of Icelandic capelin for the 2024 season
Recap UCN’s SEG Barcelona 2024 coverage
Recap all of the Undercurrent News team's coverage (so far) from Barcelona, Spain, where we attended the Seafood Expo Global 2024
Port Lite finishes new surimi factory, salmon plant set for Q4 opening
The second surimi factory takes production capacity to around 12,000t, so more than double, said Belmans
Ghana’s Tropo Farms soon to secure $8m for major expansion plans, production upgrades
The company is set to boost its annual production from approximately 7,000t of tilapia in Ghana to 14,000t this year, CEO Francisco Murillo told Undercurrent News
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
Cousins Maine Lobster adds 65th unit in Rhode Island
Todd Nelson is having his son and daughter join him as owners of his three-unit lobster truck franchise
Canadian salmon farmers point to historic production drop in call for policy shift
Canada's farm-raised salmon production plummeted from its peak of 148,000 metric tons in 2016 to a mere 90,000t in 2023
Canada could see local salmon prices rise by $30/kg by 2026 as a result of BC farm closures, study warns
Canada's farmed salmon imports rose by 20,000 metric ton to 86,387t in 2022 due to reduced local production, says study