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Prices
CORRECTION: China’s FTA with Ecuador takes effect amid growth of local shrimp industry

By April 25, 2024 1:36 PM

China will eliminate tariffs on some imported frozen shrimp from Ecuador starting May 1, 2024, China's Ministry of Finance announced Thursday

Surimi
Port Lite finishes new surimi factory, salmon plant set for Q4 opening

By April 25, 2024 10:01 AM

The second surimi factory takes production capacity to around 12,000t, so more than double, said Belmans 

Prices
US corrects ‘administrative error’ which put bumper duty on Ecuador’s Santa Priscila

By April 25, 2024 8:33 AM

Instead of looking at the company's tax level to assess a CVD rate, the DOC mistakenly looked at its income, said Jose Antonio Camposano, executive president of the CNA

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

By April 24, 2024 3:58 PM

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

Prices
Consolidation continues to shape Ecuador’s shrimp industry as ‘inefficient’ players exit

By April 24, 2024 1:17 PM

The recent consolidation of the Ecuador shrimp sector is happening because some producers are more technologically advanced than others -- Jose Antonio Camposano, National Chamber of Aquaculture

M&A
Sea Harvest eyes more overseas M&A, set for ‘different league’ after Terrasan deal

By April 24, 2024 7:08 AM

South Africa's Sea Harvest is looking for M&A in aquaculture and fisheries at home and abroad as it awaits the closure of a deal that will take its turnover close to $400m

Prices
Sea Harvest adds vessels to harvest higher hake quota as cod cuts, geopolitical issues drive demand

By April 24, 2024 7:03 AM

Sea Harvest, which has close to 50,000t of hake quota to harvest with the two years of increases, has added two new vessels to meet this demand and harvest the growing supply

Trade
Norway cod farming entrepreneur sees High Liner investment in sector as start of trend

By April 23, 2024 2:26 PM

High Liner's $5m investment in competitor Norcod won't be the last such deal in sector, says the founder of Ode, a Norwegian cod farmer eyeing 24,000t of production by 2026

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

By April 23, 2024 2:12 PM

The tough times in the pollock surimi markets continue for US producers, who are getting 'killed on the exchange rate' in Japan, says American Seafoods' Rasmus Soerensen

Trade
Chinese shrimp importers say Ecuador’s Songa still has ‘sulfite issue’

By April 23, 2024 1:31 PM

Songa, one of Ecuador's largest shrimp exporters, is facing continued issues with high sulfite levels in its exports to China, say industry sources

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