Latest news
US marina transformed into oyster farm, set for first harvest in December
The Easthampton Oyster Farm, an operation nestled along the coast of Long Island, New York, is moderate in size but has the potential for significant expansion
OCI’s Newfoundland crab plant workers poised to strike if mediator unsuccessful
The union has already rejected two offers from the Canadian shellfish giant, says a source with knowledge of the negotiations
Massachusetts oyster industry fears impact of new sewage rules
Buzzards Bay, home to 40 growers, could be looking at a major loss of acreage
Canadian scientists see signs of ‘cooler’ Atlantic
Measurements taken during the spring acoustic survey by DFO showed temperatures throughout the water column back to normal or below normal
Alaska, Florida lawmakers introduce second bill to speed US fishery disaster payments
The legislation comes as harvesters and processors in the US state of Alaska wait on hundreds of millions of dollars
Canadian government to examine link between tire chemical, salmon deaths
Canada's environment minister, Steven Guilbeault, said the chemical known as 6PPD will be added to the priority list for assessment
Thai Union’s profit jumps in Q1 without Red Lobster thanks to ambient product sales
'Thai Union Group’s focus on our core business of ambient, frozen and petcare has been instrumental in returning our business to growth' -- CEO Thiraphong Chansiri
Norwegian frozen cod values plateau at last as haddock continues to rise
Values of frozen cod sold on Norway's Norges Rafisklag auction are holding at NOK 65/kg on average in the latest week, although the largest fish are selling at NOK 72+
Editor’s choice: Alaska, Canadian shellfish news dominate headlines
EMEA editor Neil Ramsden brings you a roundup of the main stories from the previous week
Prices for large European place rebound, smaller sizes take a dip on Pefa auctions
Prices for gutted, iced European plaice -- the most significant volume going through the Pefa system -- rose for 35-41cm and 41-80cm fish, while they continued down for 27-31cm and 31-35cm fish
Polar Seafood warns of potential legal action with Greenland fisheries reform set to up-end sector
A draft fisheries bill has proposed that private companies like Polar will have to sell quota, while state-owned businesses like Royal Greenland can maintain a share of up to one-third
Leroy’s 14,000 escaped salmon may be carrying diseases
Approximately 14,000 salmon reportedly fled from a Leroy Midt facility located in the Hitra municipality, in Norway, with an average weight of around 7kg each
Mowi sees improved biology in Norway in Q2 after jellyfish contribute to €12.4m Q1 costs
Margins in Norway should be on the up, with farming costs stable in Q2 and easing later in the year and biology improving after the worst jellyfish occurrences in 20 years
Kingfish Company close to break-even amid record Q1 sales
Total volume sold of yellowtail kingfish reached a record 410t in the first three months of 2024, up 13% from the 363t in Q1 of 2023
Indonesia reignites lobster larvae exports amid sustainability worries
Indonesia has rekindled lobster larvae export policy amid past corruption scandals and wild stock concerns
Surge in Russian H&G Atlantic cod prices sees gap with Norwegian drop under $2,000/t
Prices for Russian H&G Atlantic cod have surged around $500/t in the past two weeks, seeing the gap with Norwegian raw material drop under $2,000/t for the first time in weeks
John West names new commercial director as Doherty becomes MD
Following Mark Doherty's promotion to managing director of the Thai Union-owned brand in March, it has promoted Kate Willoughby to his former role
Aussie yellowtail kingfish farmer Clean Seas names new CFO
Following the resignation of David Brown, Clean Seas Seafood has announced the appointment of David Di Blasio as the company's new CFO
Nissui acquires Japanese processor to market fresh salmon VAP
The Japanese seafood giant acquired processor Musashino Foods with a plan to process the group's farmed salmon and trout into fresh value-added products for sushi and sashimi markets
Daily recap: US FDA blocks India’s Choice but firm claims mistaken identity
Undercurrent News presents a recap of the top daily seafood stories from Tuesday, May 7
Choice Canning says FDA shrimp refusals were for another Indian packer
Choice Canning said the three shrimp shipments rejected by the US Food and Drug Administration for traces of veterinary drugs were actually packed by Alpha Marine
Higher prices for fresh tilapia fillets propel Brazil aquaculture sales to record-breaking Q1
Exports of Brazilian aquaculture products amounted to 2,085t worth $8.73m in the first quarter of 2024, an increase of 20% and 48% y-o-y
Research points to smaller fish across most species
Scientists say climate change and overfishing may be to blame
Salmon farming-reliant BC First Nations make last-ditch appeal to Canadian government
As they await a decision that could redefine their future, the coastal communities have penned a letter to prime minister Justin Trudeau to ensure the transition plan honors their Indigenous rights
Brazilian seafood imports skyrocket in Q1, pangasius demand fuels surge
Brazil's aquaculture imports grew by 27% in volume and 13% in value to 46,441t worth $288.5m in Q1 2024
Skills: Chilean salmon prices for US, Brazil soften further
A combination of smaller sizes and low coho prices have pushed Chilean Atlantic salmon prices downward at a time when low supply normally boosts prices
Tilapia prices remain high in China amid tight supply
Industry insiders previously predicted the tilapia supply would recover in China during the second quarter of this year
Canada’s integrity commissioner probes DFO over salmon farming science interference allegations
Commissioner Harriet Solloway says she is looking into whether officials may have seriously breached the ethics policy by attempting to silence scientists
Royal Greenland enacts cost controls following $38m loss in 2023
Among the key challenges was a loss in business in Chile after that firm lost its approval for export to China, and a collapse in the US market also hit the firm hard
Atlantic Canada herring stock continues to struggle
Two years after the Canadian government declared a moratorium on the spring herring fishery in the Gulf of St. Lawrence, the biomass has not improved