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Foodservice
Red Lobster CEO debuts new menu on NBC’s Today Show

By Nov. 12, 2024 3:54 PM

'Relevant, compelling and exciting is what we want Red Lobster to be' --  Red Lobster CEO Damola Adamolekun

Whitefish
Strong Ecuador shrimp feed sales offset Q3 volume falls elsewhere for BioMar

By Nov. 12, 2024 3:42 PM

BioMar's Q3 saw a decline in sales volumes year-on-year but strong earnings once again, meaning it is still heading for a strong full-year result

Feed
BioMar’s owner to look at separate listing for feed firm

By Nov. 12, 2024 1:42 PM

If Schouw & Co. eventually decides to pursue a separate listing of BioMar, it intends to remain the majority shareholder and will continue to support its development, said the feed company's CEO

Companies
Aussie gov’t pledges $18m for Macquarie Harbour as retailer grilled on salmon supply

Nov. 12, 2024 11:00 AM

On research institute insisted a sustainable aquaculture sector in the harbor simply isn't possible, while almost 40% of Coles' shareholders supported a resolution that calls on the company to address sourcing impacts

Europe
Mowi’s Irish license applications to be reconsidered after 13 years

Nov. 12, 2024 10:53 AM

A judge said it would be wrong to ask Mowi to submit all-new applications and will ask the relevant bodies to reconsider applications first made in 2011 for an €8.9m farm

Salmonid
South African investor buys out remaining stake in Lesotho trout farm

Nov. 12, 2024 10:41 AM

Mergence has bought the remaining 51% stake in Sanlei, a firm in which it bought an initial 49% stake back in 2019

Prices
Indian Ocean skipjack tuna prices fall as Bangkok, Manta climb

By Nov. 12, 2024 10:39 AM

Prices for skipjack tuna in the Indian Ocean lost some value since levels in Bangkok, Thailand, recently started to rise

Analysis
Farmed cod on path to 70,000t but no replacement to wild catch shortfall

By Nov. 12, 2024 9:57 AM

Although interest in farmed cod is blossoming as the wild-caught sector looks ahead to years of limited supply, Norway's largest cod farm stresses that the species is still just a drop in the ocean

Europe
Icelandic salmon farmer’s CEO steps down after seven years

Nov. 12, 2024 8:47 AM

Arctic Fish has announced that CEO Stein Ove Tveiten will step down from his role after seven years at the helm

Companies
Daily recap: Norway gains coldwater shrimp share, Greenland shrinks; US seafood consumption dip tied to artificial high

Nov. 12, 2024 8:31 AM

Undercurrent News presents a recap of the top daily seafood stories from Monday, Nov. 11

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