Norwegian, Chilean salmon suppliers see strong gains in Chinese market
Wholesale salmon prices surged across major Chinese markets during Christmas week -- Dec. 23-29, driven by tight supply and strong seasonal demand, with some varieties reaching new highs for recent months
US aquaculture sales grew 38% to $1.57bn in latest census
Explosive gains in mollusk and crustacean shored up sales, while catfish remained the US aquaculture industry's most lucrative species in 2023
Salmon, other ‘higher fat fish’ now can be labeled ‘healthy’ in US, FDA says
The 318-page rule is to be published on Dec. 27 in the Federal Register
Norway salmon prices see typical Christmas week surge, Chile flat, Scots up
Spot prices for farmed Norwegian salmon to be delivered in week 52 are jumping as usual ahead of a two-day work week
Nasdaq delists Blue Star after stock price falls below minimum threshold
The US crab importer and operator of a land-based salmon farm said it will not appeal the decision and trade instead on the over-the-counter market
CapVest’s Lakeview puts US smoked salmon buyout on ice after inking yogurt brand deal
The UK-based PE firm's US roll-up vehicle has at least temporarily put its talks to acquire a salmon processor on hold, having inked a deal for a yogurt company
Weaker seafood prices weigh on Italian MARR’s Q3 revenue, margins
Seafood, a key product category for Marr, faced reduced prices per kilogram throughout the summer, dampening revenue growth. However, the group saw an increase in October sales
Norway ministry proposes caveat for traffic light system
The proposal means that fish farmers whose capacity has been adjusted down under the traffic light system can still use this capacity in facilities with zero-emission technology
Tsar Nicoulai acquires Sterling Caviar, consolidating California operations
Ali Bolourchi, Tsar Nicoulai's president, described the acquisition as an opportunity to compete with larger producers and to emphasize the company's commitment to sustainability
Newfoundland salmon farmers criticized for abandoning plastic gear in ocean
The Atlantic Salmon Federation says sea-cages and gear from salmon farms have been abandoned for more than 13 years