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Peru fish landings see over 75% dip amid El Nino influence

By March 7, 2024 5:31 PM

Peru saw its wild-caught seafood landings fall year-on-year to 287,400t worth PEN 337.3m in December 2023

Supply
Cooke’s Wanchese names Crouch national sales director

March 7, 2024 5:29 PM

Jack Crouch worked for MSC after managing his own wholesale seafood company in Jackson, Wyoming, for 15 years

Prices
Japan’s Hokkaido scallop fishery enters peak harvesting season with prices down 50%, outlook uncertain

By March 7, 2024 4:54 PM

The harvesting of scallops in Funka Bay, Hokkaido, is getting underway with landing prices depressed by nearly 50% year-on-year, while local processors are looking to expand cooked production to replace shipments of frozen raw materials 

China
Japan’s scallop exports soar to US, offsetting zero shipments to China

By Feb. 29, 2024 1:42 PM

Japan’s export of marine products in January totaled 17,926t valued at JPY 20.4bn down 7% by volume and up 3% by value

Analysis
Ocean Choice scallop quota sell off preceded by vessel sinking, relationship-building

By Feb. 26, 2024 4:50 PM

The agreement reduces from six to just five the number of companies that divvy up Atlantic Canada's roughly 5,000 metric tons of offshore scallop quota

Processing
Ocean Choice sells offshore scallop quota, buys more whitefish access

By Feb. 22, 2024 6:13 PM

Canada's Ocean Choice is selling offshore Nova Scotia scallop quotas to Mersey Seafoods, LaHave Seafoods and Comeau's Sea Foods, buying more halibut, cod and redfish in return

Supply
Next North Atlantic hurricane season could start months early

Feb. 19, 2024 2:28 PM

Sea surface temperatures reached a level unheard of for February earlier this month: 1 degree Celsius above what's typical, and more akin to June than February

M&A
US lawmakers rip Bregal, demand answers over Blue Harvest sale

By Feb. 14, 2024 3:53 PM

'After years of putting private equity profits ahead of workers and small businesses, Bregal Partners -- which owned and stripped Blue Harvest of its assets -- owes the community an explanation' -- lawmakers' letter to Bregal

Scallop
Kyokuyo plans $29m share issuance to fund overseas M&A

By Feb. 13, 2024 10:59 AM

Japanese seafood company Kyokuyo is also establishing a new overseas business investment department to focus on mergers and acquisitions abroad

Analysis
Processing in Mexico among Japan’s strategies to salvage scallop exports

By Feb. 5, 2024 5:20 PM

Japan exported 67,327 metric tons of scallops worth $411.2 million in 2023, 40% less volume and 25% less value than in 2022, reveals the latest seafood trade data from Japan's Ministry of Finance 

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