Here's a recap of the daily seafood news from this past weekend, when Undercurrent News headed to the Seafood Expo North America in Boston, US:
Friday
UK processors brace for 30% price hike in fallout from Ukraine conflictSignificant raw material price increases are expected by the UK's whitefish processing industry as a direct result of the Russia-Ukraine conflict, as sanctions continue to be imposed on one of the world's largest suppliers of cod, haddock, and pollock.
Airfreight costs double for fresh seafood sent to East Asia, though China largely unaffectedThe cost of flying salmon from farms in northern Norway to Japan and South Korea has roughly doubled after Russia closed its airspace to European and Japanese airlines. Shippers using affected airlines are paying an additional NOK 20 per kilogram ($2.24/kg) of salmon for airfreight from Helsinki in Finland to Seoul, South Korea, a source told Undercurrent News, after some airlines were forced to re-route flight paths around Russia [...]
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