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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

Oceania
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

North America
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

Vannamei
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

Prices
Trident’s Pickenpack back in market for Russian pollock

By April 22, 2024 1:03 PM

Trident confirms its German processing subsidiary is back in the market for Russian pollock after having been one of the loudest voices behind a complete ban in the US

Editor's choice
Editor’s choice: Peter Pan, Silver Bay deal saga continues, King Cove future uncertain

By April 22, 2024 11:39 AM

Managing and editorial director Tom Seaman brings you a roundup of the main stories from the previous week  

Atlantic salmon
Marquee investors back €40m fundraise for Icelandic flow-through salmon project

By April 22, 2024 7:59 AM

EW Group, Nutreco, Seaborn and seafood veteran Kjartan Olafsson have all invested in a €40m fundraising round by an Icelandic hybrid flow-through salmon project 

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