EMEA editor Neil Ramsden brings you a roundup of the main stories from the previous week
Last week's most-read story was the news that the Canadian aquaculture industry wants the plan for a Newfoundland marine sanctuary scrapped. The proposed marine sanctuary on the south coast of the Canadian province has elicited concerns from aquaculture advocates about potential restrictions on the province's industry.
Also last week, US president-elect Donald Trump doubled down on his threat to start multiple new trade wars that could be painful for seafood importers. He's promising to use his authority on the first day of his second stay in the White House to impose 25% tariffs on all goods from Canada and Mexico while simultaneously raising tariffs another 10% on China -- all of which could cost US seafood importers as much as another $1.2 billion annually, based on 2023 import totals, Undercurrent News calculated.
Australian lobster exporters are reconnecting with buyers in mainland China after a four-year hiatus due to the country's ban on live Australian imports. However, some expect to keep selling to markets developed during the trade disruption, Australian executives told Undercurrent.
And Norway-headquartered salmon aquaculture company Grieg Seafood has said it is open to selling its operations in Canada, as the process to find "long-term partners" there goes on longer than anticipated.
For the rest of last week's biggest stories, click the headlines below.
- CEO of Venezuelan shrimp giant flees country after coup plot accusation
- Russian pollock producers ink A season 2025 surimi deals with China at higher prices
- UK salmon smoker faces closure after running into financial difficulties
- 'It's a GO,' harvesters told in Canada's largest lobster fishing areas
- Week 48 farm-gate shrimp roundup: India extends price gains while other Asian origins diverge
- Benchmark agrees to sell genetics division in deal worth up to £260m
- Prices keep rising on Norwegian, Russian H&G Atlantic cod, haddock
- Cooke closes bumper deal for Peruvian fishmeal giant
- Vietnamese farm-gate shrimp prices forecast to continue rise on short supply
- Bristol Bay sockeye forecast predicts fish size recovery in 2025
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