loading
AdvertisementX
  • Date range
Lobster
Liberal Canadian lawmaker goes to bat for lobster harvesters over whale-related closures

May 21, 2024 06:41pm

'While we are trying to save an endangered species, these extreme measures are actually endangering our fishing industry and coastal communities' -- Serge Cormier

Japan
Copper River sockeye sujiko to arrive in Japan in May

By

Japanese marketers expect to have the first arrival of air-freighted, non-frozen, salted Copper RIver sockeye salmon sujiko by the end of May

North America
Alaska crab, pollock fisheries headed for showdown over midwater trawls

US representative Mary Peltola has asked her staff to look into legislation that would require a more accurate definition of midwater trawling

Labeling
Alabama’s new seafood labeling law requires country of origin information

A new bill signed into law in the US state of Alabama on May 10 requires country-of-origin labels for all shrimp and other seafood sold in restaurants and grocery store delis

Credit: tkarpati/Shutterstock.com
Policy
US advocates for SEAfood Act arrive in Capitol Hill to air offshore aquaculture concerns

The Coalition for Sustainable Aquaculture's Capitol Hill 'fly in' this week matches the one held last week by the Stronger America Through Seafood

Red Lobster reverses move away from seafood with revamped menu
Analysis
Red Lobster lays much of bankruptcy blame on former CEO Kenny, Thai Union

By

'Certain operational decisions by former management have harmed the debtors' financial situation in recent years' -- Jonathan Tibus, CEO of Red Lobster Management

Atlantic salmon
US land-based salmon farmer bags $6m in grants, rebrands under new name

By

The funding is allocated for the cleanup and enhancement of infrastructure at a former mill site

Prices
Ecuador shrimp prices unchanged amid declining sales to China, energy woes

By

Ecuador's shrimp prices have remained steady despite a significant decline in exports to China, its largest destination market, and ongoing energy challenges

Traceability
Blue Food Innovation Summit: ‘Blue finance’ drives sustainability buy-in at Thai Union

By

Undercurrent News is live from the Blue Food Innovation Summit in London, UK, on May 21 and 22

Prices
Infofish Tuna 2024: Recap first two days from key Bangkok conference

Undercurrent News is reporting live from the World Tuna Trade Conference & Exhibition, held in Bangkok, Thailand, from May 20-22

Companies
Norway H&G cod prices edge down from record high, haddock still rising

By

Prices for Norwegian H&G Atlantic cod edged down slightly in week 20 from the record high of week 19, but haddock is still on the increase

Whitefish
UK bakery chain Greggs trials cod fish finger sandwiches, wraps

UK bakery chain Greggs has launched new fish finger sandwiches and wraps; the trial run of these new offerings will kick off in selected shops in the northeast of the country on May 23

Credit: Ong.thanaong/Shutterstock.com
Prices
Thai vannamei shrimp prices edge down

By

Ex-farm prices for head-on, shell-on vannamei shrimp in Thailand fell by between THB 2.50 and THB 5.00 per kilogram across all sizes during week 20

Vannamei
China’s Haid harvests 500t of shrimp from land-based RAS

By

China's largest aquafeed producer, Haid Group, has harvested the first batch of shrimp from its new land-based farming facility in Shandong province

M&A
$57m insect protein plant opens in Poland

By

Alternative protein producer HiProMine has completed work and begun sales of its insect-derived products from the 25,000t-capacity plant in Karkoszow

Russia
More important Russian crab assets brought under state control

By

Until late 2023, Merlion and Fish Island were important trading crab assets, the former hitting sales of $9m and the latter $4.9m

Prices
Shanghai fishmeal prices stable despite strong Peruvian anchovy landings

By

It suggests Peru's surging anchovy landings have already been accounted for in the market

plaice fish
Prices
Prices for large European plaice continue up, as common sole drop on Pefa auctions

By

Prices for gutted, iced European plaice -- the most significant volume going through the Pefa system -- rose for 35-41cm and 41-80cm fish, as did prices for large, gutted, iced common sole

Daily recap: Live from Infofish; Bankrupt Red Lobster owes PFG $24.4m

Undercurrent News presents a recap of the top daily seafood stories from Monday, May 20

Legal
Workers at big Newfoundland crab plant vote to strike if deal not reached in one week

By May 20, 2024 05:21pm

The Fish Food and Allied Workers said it gave notice to Beothic Fish Processors Monday that its plant's employees will go on strike at noon on May 27 if a deal is not reached before then

Prices
Skills: Chile salmon price to Brazil continues to slide, US dips again

Prices for Chilean salmon shipped to the US fell again in week 19 after a tick up, while those to China took an upturn and Brazil's continued to slide

Prices
Race heats up for presidency of Newfoundland crab harvester union

By

Current president Greg Pretty has not yet officially declared his intentions, but sources tell Undercurrent News that he will not be running for re-election

A Red Lobster restaurant in New York, US. Red Lobster is owned by Thai Union Group. Credit: pisaphotography/Shutterstock.com
North America
Bankrupt Red Lobster owes PFG $24.4m, advertising firm $13.4m

By

The Orlando, Florida-based company, filed Monday for Chapter 11 protection in the US Bankruptcy Court for the Middle District of Florida, listing assets of $1 billion to $10bn and estimated liabilities of $1bn to $10bn

Processing
Canada’s Export Packers buys across-street assets of bankrupt Toppits Foods

By

The deal was signed off on May 10, just four days before Toppits Foods filed for bankruptcy with reports it owes about CAD 20 million ($14.68m) to suppliers

Prices
Recap over 40 UCN exclusive stories from Barcelona show

By , , , , , and

Undercurrent News' global reporting team produced 42 standalone stories and a live blog from the 2024 Seafood Expo Global, held April 23-25 in Barcelona, Spain 

Legal
Canada seizes major shipment of illegal elvers worth CAD 500k

An illegal shipment of baby eels, worth about CAD 500,000, was seized at the Toronto International Airport on May 15

Analysis
US Dungy crab landings come back to Earth but prices rising

By

US Dungeness crab landings in 2024 may be a disappointment compared to the epic volumes seen in 2023 but dock prices are improving

Legal
Bristol Bay fishing, Tribal, economic groups push back against Pebble Mine

By

Half a dozen organizations have sided with the US government in the latest legal back-and-forth over the controversial mining development in Alaska's Bristol Bay region

Prices
Hokkaido scallop landings decreased 3% in recently-finished FY 2023

By

China's ban on Japanese seafood since last August drove raw shell prices down by 20%

Prices
Week 20 shrimp prices stable in Ecuador, India but rise in China, Indonesia

By and

Farm-gate prices for vannamei shrimp remained flat in two key production regions of Ecuador and India in week 20, but China and Indonesian levels were up 

(64233 results)

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.