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
Chinese wholesale salmon prices dropped on week 44
Chinese wholesale salmon prices declined between Oct. 28 and Nov. 2 as more volume arrived in major cities during the latter half of the previous week.
Kontali: Global salmon production strong, but so are headwinds
2025's farmed salmon production looks similar to this year's, meaning supply is likely a little tight for H1 again, while productivity holds a reason to worry, said Kontali
Canadian RAS firm to borrow another CAD 8m to sustain 512,000 salmon
Deloitte Restructuring says the sought-after funds are essential for maintaining operations until at least Dec. 7, 2024
China’s Joyvio continues to bleed cash from Australis in Q3
Joyvio, which posted a net loss of $36.3m for Q3 continues to suffer from significant losses as its Chilean subsidiary Australis Seafoods
Norwegian fresh salmon sales see slight rise, average prices seem to recover
Norway's total fresh salmon exports rose 1% week-on-week to 25,583t between Oct. 14 and 20
Mowi chairman Ole-Eirik Leroy to step down after 15 years
Mowi's chariman, Ole-Eirik Leroy, is vacating his position at the head of the board, with Orjan Svanevik proposed as his successor
US seafood restaurant ordered to pay $105K for withholding tips
The US Department of Labor sued The Saucy Crab Grand Rapids and its owner for withholding employees' tips and denying them overtime pay
Hofseth North America management shuffle includes changes at top
Erik Nobbe is out as CEO after just four months, and James O'Sullivan, previously the chief financial officer, has been promoted to president
GSA summit day two recap: German RAS secures €35m funding, Rabobank gives shrimp outlook
Undercurrent News was reporting live in St. Andrews, Scotland for the 2024 edition of the Responsible Seafood Summit