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Sustainability
US marina transformed into oyster farm, set for first harvest in December

By May 08, 2024 04:01pm

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

North America
OCI’s Newfoundland crab plant workers poised to strike if mediator unsuccessful

By

The union has already rejected two offers from the Canadian shellfish giant, says a source with knowledge of the negotiations

Policy
Massachusetts oyster industry fears impact of new sewage rules

Buzzards Bay, home to 40 growers, could be looking at a major loss of acreage

Lobster
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

Policy
Alaska, Florida lawmakers introduce second bill to speed US fishery disaster payments

By

The legislation comes as harvesters and processors in the US state of Alaska wait on hundreds of millions of dollars

Report: US seafood sales down 2.8%
Aquaculture
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

Analysis
Thai Union’s profit jumps in Q1 without Red Lobster thanks to ambient product sales

By

'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 

Prices
Norwegian frozen cod values plateau at last as haddock continues to rise

By

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
Editor’s choice: Alaska, Canadian shellfish news dominate headlines

By

EMEA editor Neil Ramsden brings you a roundup of the main stories from the previous week  

Credit: picturepartners/Shutterstock.com
Prices
Prices for large European place rebound, smaller sizes take a dip 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, while they continued down for 27-31cm and 31-35cm fish

Coldwater shrimp
Polar Seafood warns of potential legal action with Greenland fisheries reform set to up-end sector

By

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 Seafood via company's website
Companies
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

Supply
Mowi sees improved biology in Norway in Q2 after jellyfish contribute to €12.4m Q1 costs

By

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

Supply
Kingfish Company close to break-even amid record Q1 sales

By

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

Lobster
Indonesia reignites lobster larvae exports amid sustainability worries

Indonesia has rekindled lobster larvae export policy amid past corruption scandals and wild stock concerns

Prices
Surge in Russian H&G Atlantic cod prices sees gap with Norwegian drop under $2,000/t

By

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

Pelagics
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

Supply
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

Products
Nissui acquires Japanese processor to market fresh salmon VAP

By

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

Trade
Choice Canning says FDA shrimp refusals were for another Indian packer

By May 07, 2024 05:37pm

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

Prices
Higher prices for fresh tilapia fillets propel Brazil aquaculture sales to record-breaking Q1

By

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

Supply
Research points to smaller fish across most species

Scientists say climate change and overfishing may be to blame

North America
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

Fresh Pangasius fillet. Credit:Tiger Images/Shutterstock.com
Trade
Brazilian seafood imports skyrocket in Q1, pangasius demand fuels surge

By

Brazil's aquaculture imports grew by 27% in volume and 13% in value to 46,441t worth $288.5m in Q1 2024

Prices
Skills: Chilean salmon prices for US, Brazil soften further

By

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

Prices
Tilapia prices remain high in China amid tight supply

By

Industry insiders previously predicted the tilapia supply would recover in China during the second quarter of this year

Policy
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

Companies
Royal Greenland enacts cost controls following $38m loss in 2023

By

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

Policy
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

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