Japanese hotel, spa launches own land-based shrimp farm
Hotel Mikazuki, a resort hotel in Japan, has launched a land-based shrimp farming operation to raise 50,000 kuruma shrimp and vannamei combined
Pollock A season winds down in US, Russia
For the 2024 A season, Alaskan harvesters have taken 94% of the quotas in the Bering Sea, while major fishing zones in the Sea of Okhotsk, Russia finished on April 9
Former North Pacific, Eastern CEO Miki shifted to Marubeni’s sugar refining division
Much-traveled seafood veteran Tom Miki has been moved out of seafood to become the next president of the Japanese conglomerate's sugar refining division
Minh Phu’s newly opened shrimp plant ups processing capacity to 91,000t
Minh Phu Seafood's CEO also claimed that using probiotics has almost halved shrimp production costs in some ponds, while improving survival rates to nearly 80%
Mitsubishi replaces top Princes exec as sale process drags on
Japan's Mitsubishi has replaced the top executive at UK-based Princes, with one PE player reportedly left in the long-running sale process
Alaska roe herring season ends with 90% of quota still in water
With no fisheries expected to be seen in Kodiak and Togiak for the 2024 season, Alaska's sac roe herring fishery ended with a total harvest of 13,300 short tons in Sitka
Japanese restaurant giant to buy US sushi supplier
Watami, one of Japan's biggest restaurant operators, has acquired Las Vegas, Nevada-based Sonny Sushi Company for $6 million
Over 450 seafood prices from world’s largest market added to Undercurrent portal
Undercurrent News has launched a new dataset tracking the prices of over 450 seafood products at the Tokyo Central Wholesale Market in Toyosu, Japan
In charts: Decades-long fall in sales at world’s largest seafood wholesale market
An exclusive analysis by Undercurrent News shows that seafood sales at the Tokyo Central Wholesale Market in Japan have plummeted by 57% in volume over the past two decades
Japanese scallop exports to US, Vietnam, Thailand continue to soar
Japan's export of marine products in February totaled 34,262t valued at JPY 29.9 billion ($202 million), down 3% by volume and 6% by value year on year