Norway salmon prices drop on plentiful supply, Chilean firm, Scots stable
Spot prices for Norwegian farmed salmon look to be easing again for week 10, while Chilean salmon fillets continue to firm on the US market, and Scottish prices look stable
Atlantic Canadian fish farms charged with safety violations after worker’s death
The charges follow an investigation into the July 2023 fatality at Nova Fish Farms' Newfoundland site
US take-out, snacking boom may be leaving seafood behind
A rise in the percentage of restaurant sales coming from delivery or takeout poses a challenge to the seafood industry, as many consumers fear ordering seafood to-go
Catch the Current episode 6: Phone a Canadian friend snow crab update; Company highs and lows
The Canadian snow crab season is nearly upon us and Undercurrent News' very own Barb Dean-Simmons has the latest news out of Newfoundland and Labrador
Puerto Montt, in Chile’s south, launches salmon ‘route’ to boost tourism, local economy
AquaChile's Alvaro Varela said the initiative is a way to promote the region's innovation and connect people to the salmon industry
Atlantic Sapphire delays schedule for breaking even
Atlantic Sapphire has shifted its production to larger fish sizes as it moves into the second phase of its Florida farm build-out
Grieg raises $177m with green hybrid bond issue
The bond, classified as equity on the company's balance sheet, will enhance the Norwegian salmon farmer's liquidity and financial flexibility
Weakness in global shrimp markets weighs on Benchmark’s turnover, margins
However, the recently launched shrimp diet tailored to the Ecuadorian market sold out in its first period of sales, and the European marine fish sector showed strong performance
Leroy ups Q4 earnings despite lower salmon prices as new tech cuts lice treatments 85%
Norway's Leroy reported a hike in Q4 earnings despite lower salmon and trout prices, as volumes increased and the company dramatically cut lice treatments and other production costs
Losses widen for Japan land-based salmon farm amid rising costs, operational challenges
'With little revenue, costs were a huge burden this time, and the losses were significantly higher than we predicted,' -- Mindaugas Cekanavicius, an analyst at Norne Securities