Skills: Chilean salmon prices lift to US, China, fall back to Brazil in week 39
Prices for Chilean salmon shipped to the US and China ticked up slightly in week 39 of 2024, but slumped back to Brazil after surging the week prior
US seafood firm rebrands to take bigger bite of New York’s gourmet market
'Our business is still 90% seafood, and we've been able to leverage that expertise to grow our specialty foods offerings' -- Ian MacGregor, CEO, LP Seafood & Specialty
Leroy’s Q3 salmon, trout volumes drop after heavy Q2 harvest bump
Norwegian seafood company Leroy Seafood Group said that its total harvest volume of salmon and trout dropped by 4.6% y-o-y in the third quarter of 2024
Chinese salmon dealers lose out during ‘worst Golden Week in history’
The 2024 National Day holiday in China (Oct. 1-7) failed to boost the imported salmon market; instead, dealers reported losses due to unfavorable market conditions.
Norway’s Gaia Salmon opens post-smolt site as Traena operation takes shape
Gaia Salmon, a small-scale Norwegian land-based salmon producer based south of Bodo in Nordland county, has opened a new post-smolt facility on the Traena islands
Atlantic Sapphire raises $60m as rights issue concludes
The land-based RAS salmon farmer has also raised a further $20m through a convertible loan from a US investor as it looks to cover its ongoing operational losses
UK’s CapVest in talks to buy US salmon smoker
CapVest is thought to be the final party left at the table for a smoker backed by a US private equity group
Aquatic veterinary group urges Canadian gov’t to pause ban on open-net pen salmon farming
The 15,000-strong Canadian Veterinary Medical Association claims the 2029 ban ignores scientific assessments and calls for further consultation with experts
US East Coast port worker strike ends with deal
Dock workers and port operators struck a tentative deal on Oct. 3, bringing to an end the three day standoff that has had huge knock-on impacts for seafood importers
Canada’s ReelData signs three-year deal with Iceland’s Samherji for AI feeding software
The Nova Scotia-based AI firm is expanding its presence in Iceland following a successful trial at Samherji's land-based aquaculture sites