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Hokkaido chum return expected to hit record low at 17.03m salmon

By June 24, 2024 2:24 PM

Largely due to reduced returns of four-year-old salmon, the primary targeting age, the fall chum salmon return to Japan's Hokkaido for the upcoming season is projected to see a 25% reduction year-on-year

Supply
US gov’t allocates $12m for Alaska salmon fishery disasters

June 24, 2024 2:07 PM

The US secretary of commerce previously approved the requests for fishery disaster designations in April

Companies
Nissui-backed Sasaya Syouten regains top spot as Hokkaido’s largest seafood processor

By June 21, 2024 5:08 PM

According to the revenue rankings for Hokkaido's seafood processing industry by Japan's Teikoku Databank, combined net sales of the top 100 companies reached a record high of JPY 544.6bn

M&A
NESI parent set for 2024 sales, profit growth as big UK whitefish retail wins bed in

By June 18, 2024 11:07 AM

The parent company of UK's New England Seafood is on track to hit around £250m in turnover in 2024, having grown both top and bottom line in its last reported results

Trade
Chilean coho farmers seek over $1/kg price hike in Japanese H&G markets

By June 7, 2024 3:21 PM

Following an anticipated harvest reduction of coho salmon for the upcoming season in Chile, farmers are looking to set their fixed cost-and-freight prices at over $7/kg or JPY 1,150/kg for Japan-bound H&G products

North America
APICDA, Silver Bay in deal talks for Trident False Pass plant

By June 6, 2024 11:14 PM

US processing giant Silver Bay and APICDA are reportedly in deal talks to acquire Trident plant in False Pass, Alaska, sources told Undercurrent News

Supply
Russia starts Far Eastern salmon season, grants Japan quotas after two-year break

By and June 4, 2024 10:34 AM

The salmon fishing season in the Far East has officially started, and the total wild catch is expected to reach 320,000t in 2024

Fishing
Canadian wild salmon conservation group contributes CAD 1.45M to 113 community projects

June 3, 2024 2:08 PM

The program's primary funding source is the salmon conservation stamp, purchased by anglers with a saltwater fishing license

Analysis
US lawmakers’ bottom trawl bill has implications beyond pollock, opponents warn

By May 23, 2024 4:54 PM

Harvesters of Atlantic scallops, groundfish in NewEngland and on the West Coast, and shrimp on both coasts and in the Gulf of Mexico also should be concerned, opponents warn

Vannamei
Japan’s Nichirei focuses on eco-labeled seafood for higher profits

By May 17, 2024 10:35 AM

The food giant has set a negative growth target for the seafood unit's revenue of JPY 50bn for the year 2024 in an effort to reduce the handling of low-profitability products

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