US aquaculture sector hopes for boost from Trump’s ‘America First’ agenda
'I assume that the Trump administration's goal is to protect and create American jobs, not punish American consumers' – Marianne Naess, Great Northern Salmon
Maruha Nichiro posts record revenue on robust sales in processed seafood, pet food
The Japanese seafood giant posted a record JPY 532.7bn in revenue for H1 of 2024, driven by robust performance in processed seafood and North American pet food sales, despite continued weakness in its Alaskan pollock operation
Antarctica Advisors: Cooke’s Copeinca acquisition will reshape Peruvian fishing landscape
With the acquisition of Copeinca, Cooke surpasses Tasa to become the world's largest producer of fishmeal and fish oil, according to Undercurrent News sources
US city’s sushi restaurants, grocers mislabel salmon, overcharge diners $8.85/lb
In some cases, when Atlantic salmon is sold as wild Chinook, diners lose as much as $12 per pound, according to a study
Kyokuyo’s revenue hits record-breaking $914m on strong domestic sales
The Japanese seafood giant posted a record-breaking JPY 141bn in consolidated revenue for the first half of its fiscal year, driven by robust domestic seafood sales despite overseas market challenges
Nissui posts record H1 earnings with processed food expansion, weaker yen
The Tokyo-based seafood giant posted record-breaking first-half earnings, with consolidated revenue reaching $2.9bn and operating income hitting $112m, driven by strong growth in processed foods and yen depreciation
US shrimp processor expands retail footprint to 200 Whole Foods stores
Prime Shrimp says its move capitalizes on consumers' increasing demand for convenient seafood options
AquaBounty’s sales drop nearly 95% in Q3 as financial strain continues
The US land-based salmon producer's cash reserves fell to $500,434 by the end of September, down from $8.2 million in January amid rising costs and debt repayments
Nichirei to streamline US seafood ops in global food business overhaul
The Japanese food giant has announced a strategic overhaul to consolidate its food business by merging US-based Nichirei Seafoods into Nichirei Foods USA
Florida startup NovoMar to liquidate $15m processing plant, inventory
'We have a few offers on the table that we're evaluating. But I think probably in the next 30 to 60 days, it's going to get sold' -- Emil Andreassen, NovoMar