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AquaFoods CEO announces exit of US wild catch ventures to prioritize aquaculture

The announcement effectively dispels rumors circulated via local media that the company was halting all fish exports, irrespective of source, CEO and co-founder Patrick Roulet Bornhausen told Undercurrent News

Italian firm’s cannery closes with loss of nearly 500 jobs following founder’s death

Airone, a prominent player in the canned tuna industry, is facing a period of uncertainty after the death of its founder, Dante Bigi, in September 2023

Sashimi-grade frozen bigeye prices continue to fall in Japan on limited cold storage capacity

Barcelona 2024: US shrimp market slowly moving again, duties won’t be big factor, says Siam Canadian boss

Peruvian fishermen question irregular entry of Chinese vessel into national waters

Spain allocates 2024 Indian Ocean tuna quotas to Spanish fleet

NGO hires former Thai Union, IPNLF exec as new Asia director

Official data shows Americans are eating less canned seafood, TikTok says otherwise

Shareholder hostility eases as Atunlo lays out plans to avoid bankruptcy

Acoustics study has potential to reduce yellowfin tuna overfishing

Latest news

Peruvian seafood industry association reappoints Miranda as president

Philippines coast guard seizes two vessels for suspected IUU

CEO of Maldives tuna firm suspended over corruption allegations

Fishermen rescued as tuna vessel sinks in Tuvalu waters

Yellowfin management up for discussion again at May’s IOTC meeting

Thai Union, Human Rights at Sea contribute to GSA’s new Wi-Fi access for fishing crews report

Model Thai fishing vessel Thai Union Nestle

New US sushi council doubles membership following Boston

Credit: Lisovskaya Natalia/Shutterstock.com

Canada appoints two to international tuna commission

Recycling project tackles marine debris issue in eastern Canada

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Century Pacific's latest advertising campaign 'Premium Red Line' features the firm's branded tuna chunks in vegetable oil, chunks Spanish style; chunks in brine.

Filipino tuna firm Century Pacific achieves higher profits in 2023

Skipjack, yellowfin prices hold steady in main processing hubs

Walmart, Albertsons, Thai Union join tuna sector pledge against IUU

Mitsubishi replaces top Princes exec as sale process drags on

Japanese restaurant giant to buy US sushi supplier

FAO: Fisheries, aquaculture production hit new global record in 2022

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Over 450 seafood prices from world’s largest market added to Undercurrent portal

In charts: Decades-long fall in seafood sales at world’s largest market

Popular stories

EJF: Korea makes progress on protecting migrant crew, but more needed

Korea has recently made serious progress in improving conditions for migrant crew on its distant-water fleet, according to the NGO

Russia eyes ‘new level’ of cooperation with fellow top offender China to counter IUU

The Russian regulatory authorities hailed joint efforts with China aimed to crack down on IUU fishing, although both nations were seen as top offenders

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aquaculture

Carbon emissions reduction ‘key’ for Thai Union’s 2030 strategy

Dongwon to buy Korean container ship firm in first deal under new chair

Peruvian firms enter US market with Alaska salmon fillets

prices

Stable, low skipjack tuna prices see retailers ink major canned contracts

2023 retail inflation sees most UK key seafoods hike in price, volumes drop

Yellowfin prices remain stable amid pressure from low skipjack prices

companies

Jordan Mazzetta’s Eddie M’s snaps up American Fish & Seafood

Major customer exodus at Chinese tuna giant after Dolphin Safe label loss, EJF report

Bumble Bee names former StarKist CEO as boss

people

Andrew Marr parts ways with MD of Fastnet brought in from Young’s

$650m-turnover Japanese trader names new president

JC Kim’s second son Nam-Jung takes over as Dongwon chairman

m&a

Shareholder disagreement emerges as Atunlo navigates pre-insolvency proceedings

Fortune looks west for M&A, plans Illinois, Texas skin-pack expansion with $1.25bn turnover in sights

Japanese canner launches $103m takeover bid for seasoning firm

retail

Calvo talks ‘bad news’ for Spanish tuna canning sector

USDA predicts 1.7% drop in seafood prices in 2024

Maruha survey: Over 70% of Japanese consumers opt for eco-labeled sushi

processing

Santa Monica plans market share grab with new plants, restructured foodservice team; M&A on backburner

Bornstein to consolidate three West Coast US plants into one

Peru fishery sector sees year-end slump with exports down by over a third

fishing

Controversial fishing ban ends in South China Sea

Chinese tuna firm Kaichuang sees net profits soar 40%

Chinese fishing giant falls to loss after internal restructuring