Latest news
King salmon fishing banned on California rivers for second consecutive year
The California Fish and Game Commission voted unanimously Wednesday to ban fishing for king salmon on the state's rivers
Roerink: Shrimp drove big overall drop in US frozen seafood retail prices
Shrimp was the primary culprit behind an overall 4.3% drop in the average price per unit of frozen seafood at retail during April -- Anne-Marie Roerink, 210 Analytics
Norway salmon spot prices ease despite holidays, Scots, Chilean stable
Norway spot prices look set to ease slightly for week 21 despite national holidays and a halt on exports from the Faroes Islands, while Chilean are flat for now and Scottish are either stable or creeping up
UK’s Ocean 14 Fund grows to more than $200m
The fund invests in entrepreneurs with innovative ideas around aquaculture and alternative proteins, reducing plastic waste pollution, protecting ecosystems and ending overfishing
Alaska salmon season kicks off in Copper River; Silver Bay lists 2024 base prices
The major Alaskan shoreside processor has confirmed to Undercurrent News that it will pay harvesters $1.10 per pound for chilled sockeye delivered to facilities in Bristol Bay
Ecuador shrimp production rises in April against predictions of annual decline
Ecuador's shrimp production was up year-on-year in April even as sources have predicted an annual decline in 2024
US regional panel approves three options for California salmon season
Two options would allow short season dates and small harvest limits for commercial and sport fishing
Chilean seafood exports show modest growth in April; Brazil is leading destination
Chilean seafood exports amounted to $689m in April, marking a modest rise of 0.4% year-on-year
Atlantic Canada salmon farmers fume over DFO science report
The Atlantic Canada Fish Farmers Association says research scientists with the Canadian government were 'irresponsible' and 'showed anti-salmon farming bias'
Norway’s herring fillet export price hits new high, whole herring drop
Export prices for Norwegian frozen herring fillets reached a new high in week 19 of 2024, while whole herring dropped in price; mackerel prices continue to trend up
Whitefish stability in Q1 means bright start to 2024 for Iceland Seafood
As in 2023, soaring salmon spot prices meant a loss on that business, but if 'the forecasts for salmon prices are met, prices should decrease in the third quarter'
Japan’s Nichirei focuses on eco-labeled seafood for higher profits
The food giant has set a negative growth target for the seafood unit's revenue of JPY 50bn for the year 2024 in an effort to reduce the handling of low-profitability products
Grieg could fetch $1bn-plus if Norway ops up for sale as well as Canada, says Arctic
Norway's Grieg could be seeking a buyer for its whole business and not only an investor for its operations on the east and west coasts of Canada, according to a brokerage's report
BioMar Ecuador’s top exec retires
Danny Velez will retire on May 31, to be replaced by the current finance director, Andres Rivadulla
Chinese shrimp giant struggles as weak demand, competition hit sales
Zhanjiang Guolian Aquatic Products said its revenue fell 26% to CNY 1.04bn in the January-March period
Indonesian shrimp prices continue on the rise across most sizes
Prices for Indonesian vannamei rose across most sizes between May 13 and 19
Italian distributor Marr sees Q1 drop in wholesale frozen sales
Italian seafood giant Marr's overall sales saw a slight decline, with other segments offsetting a 13.5% drop in seafood wholesaling
Dongwon officially enters era of ‘second generation’ management
A new era for the South Korean giant kicks off as the Fair Trade Commission approves the application to change the company's 'same person' to chair Kim Nam-Jung
Daily recap: Seaborn open to further M&A; Crab harvesters outpace whales for quota
Undercurrent News presents a recap of the top daily seafood stories from Thursday, May 16
Landmark battle over shrimp genetic secrets heads to US appeals court
A groundbreaking lawsuit questioning if shrimp genetics qualify as trade secrets is set for another courtroom showdown in Atlanta, Georgia, on Thursday
Clearwater to focus on value-added as Premium Brands assesses M&A opportunities
Premium Brands is also working on a number of projects to improve efficiencies at Clearwater, said CEO George Paleologou
US Coast Guard responds to sunken crab boat at Seattle pier
No one was injured, and the cause of the sinking is under investigation
Silver Bay big winner of latest USDA seafood purchase
Other contracts for salmon, walleye and catfish products were awarded to Pacific Seafood, Channel Fish, Ocean Select Seafood and Red Lake Nation Fisheries
Offshore aquaculture advocates hold Capitol Hill ‘fly-in’
Stronger America Through Seafood is participating in meetings with US lawmakers, scheduled for May 15-16
Scientists puzzled by colder than usual water in Gulf of Maine
This is still one of the fastest warming oceans on the planet but information collected over the past six months shows the short-term trend has been the opposite
High Liner adds more salmon products to boost sales
'Salmon is one of the largest species in North America where we are underdeveloped' -- chief commercial officer Anthony Rasetta
Canadian gulf snow crab harvesters beat right whales to quota finish line
Harvesters in the Gulf of St. Lawrence had landed 91% of their 23,438 metric tons of revised quota as of Thursday
BC First Nation threatens legal action against Canada over speed of salmon farming crackdown
The Indigenous community, which is based on Vancouver Island, has formally notified fisheries minister Diane Lebouthillier of its intent to revive a 2019 judicial review
Chile’s Australis aims for 2026 return for idled salmon plant
The plant was idled in October 2023 due to insufficient salmon volumes amid production cuts, parent company Joyvio Food said in recent security filings
Nasdaq: Norway salmon spot price creeps up in week 19
Spot prices for Norwegian farmed salmon crept up again in week 19 of 2024 after the previous week's rebound