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
US FTC petitioned to investigate BAP for certification of Indian shrimp
'In practice, BAP certification is little more than a marketing tool' -- Charity Ryerson, Corporate Accountability Lab
Japanese surimi producer to launch new scallop plant amid growing global demand
Hirose Suisan Co. is building a new facility in Hokkaido to double its scallop processing capacity amid rising international demand
NOAA survey wants insights on marine mammal deterrents
The initiative aims to evaluate deterrents used to manage marine mammal interactions across the US fishing and coastal sectors
Marubeni targets overseas growth with Proximar’s RAS-raised Atlantic salmon
The Japanese conglomerate plans to expand its sales of Fuji Atlantic Salmon, produced by Proximar Seafood, with a focus on overseas markets and premium positioning in Japan
Canadian fish harvester cooperative lands permit to buy lobsters
The Cooperative des pecheurs des Iles-de-la-Madeleine acquired the assets of La Renaissance when that company went bankrupt in February 2023