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
Icelandic cod prices flat, haddock plummets to post-COVID low as new quotas take effect
Cod has received a modest 1% quota increase for the 2023/24 fishing season in Iceland, while haddock volumes are up 23%
Nordic Halibut lowers guidance after sluggish production in Q2
Nordic Halibut reported increased revenue but higher costs in its second-quarter earnings, as the Norwegian company continues working toward ambitious long-term growth targets
NOAA’s national seafood strategy opens floodgates for hot-button political issues
'By increasing domestic processing capabilities, we will increase the seafood industry’s resiliency, reduce the carbon footprint of our industry, and create job opportunities' -- Seafood Harvesters of America
Nordic Halibut’s export prices 57% higher than wild fish in Q2
The average export sales price for Nordic Halibut's products reached NOK 171/kg, up 13% y-o-y, while wild halibut from Norway stood at NOK 109/kg