loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Sockeye salmon

Zachary Scott’s Working gives bleak outlook for Alaska’s ‘bloated’ salmon processors

'It will take some time and some additional capital to swallow the 2022 problem, possibly catalyzing more industry consolidation as processors yearn for greater efficiency' -- veteran seafood dealmaker Mark Working

By Tom Seaman | Sept. 26, 2023 17:55 BST
Sockeye salmon fillets. Photograph by Miro Vrlik Photography on Shutterstock.
Related

Bristol Bay salmon setnetters consider joining regional development group

Alaska’s big salmon season is winding down as new data predicts a smaller haul next year

Russia set for second-highest salmon harvest of 600,000t, Alaska pink catches ‘near peak’

Massive pink harvest pushes Alaska’s Prince William Sound to 63m salmon for season

North American lobster tail, meat prices inch up ahead of big Canadian season

Chilean seafood giant Camanchaca reports loss in Q3, ends trout JV

AdvertisementX

A projection of lower catches in 2024 is one small glimmer of hope for the beleaguered salmon processing sector in the US state of Alaska, where balance sheets are "bloated," says a top seafood dealmaker [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

free read Newfoundland fish harvester union chief talks tough in her first week

Nine-year tuna price-fixing saga ends as judge signs off on $130m settlement for US consumers

Brazil’s largest shrimp farmer, processor, aims to grow capacity 50% in 2025

From right to left: Cristiano Maia, Grupo Samaria's president and Fredy Romano, industrial director of one of Samaria's processing units.

Trump vowed to end offshore wind, but will cabinet pick make good on promise?

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

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.