Iceland’s cod, haddock prices sink in first months of new fishing year
Auction prices for fresh cod in Iceland are firming up to near ISK 500/kg, but this year's 23% increase in haddock quota, and a drop in global consumption, has seen values fall
It’s a buyer’s market for quotas in Atlantic Canada but snow crab price crash stalls deals
'This year, the price is down about 25% in terms of the price paid per pound for a permanent transfer' -- Trevor Decker, TriNav Marine Brokers
Buy now, advises Tradex, as US, Canada Pacific halibut season nears end
Prices for Pacific halibut have dropped to lows not seen since the pandemic, the Canadian wholesaler reports
Nordic Halibut secures $21m loan for key facility, adjusts long-term target
The firm's updated target of 10,350t by 2031 reflects its new strategy to grow fish larger than 6.5kg before sales, which it hopes will yield significant premiums
Baffin Fisheries $52m trawler launched in Turkey
At 80 meters long, the Inuksuk II will be the largest fishing vessel ever to sail in Canadian waters
Canadian company orders $70m trawler from Spanish shipyard
The new vessel for the Qikiqtaaluk Corporation was designed by the Norwegian firm Skipsteknisk
Canada, Greenland sign agreement to protect Arctic polynya
The Pikialasorsuaq ecosystem, which is a vital habitat for many migratory species, is under threat from climate change and increased human activity
Alaska fishing group awarded federal funds for green engine transition
Money from the US Department of Energy will go towards testing hybrid and all-electric engines for small fishing vessels in the US state
Royal Greenland blames Russian invasion of Ukraine for $16m H1 loss
On the bright side, the company reports that its earnings from 2023 snow crab production have normalized due in part to low raw material prices
Nova Scotia captain, two fishing companies fined CAD 125K over halibut, hake, cod catches
The case involved a secret, middle-of-the-night offload of halibut, valued at CAD 40,000, during which Henneberry fled from Department of Fisheries and Oceans officers