Alaska slashes Bering Sea snow crab quota by 40%
Alaska Department of Fish and Game responds to a decline in the mature male biomass of Bering Sea snow crab by cutting the quota by 40% for the 2015/2016 season
Macduff’s Beaton gets £27m incentive to continue growth under Clearwater
Clearwater deal structured so Beaton family stay involved with financial incentive to continue growth, with managing director Roy Cunningham also committed to stay on
Clearwater’s ‘transformative’ Macduff deal will take turnover close to $500m
Canadian shellfish firm’s turnover for 2016 will increase 27% and earnings by 34%, according to analyst’s assessment of Clearwater deal
Clearwater to acquire UK’s Macduff in £98m deal
Canada's Clearwater Seafoods to acquire Macduff Shellfish Group, a UK-based wild shellfish business, in £98m deal
Vietnam crab exports for August show increase in Asian markets, decrease in West
The most recent data on Vietnamese crab exports shows demand in Asia has been strong in August, but has wavered in the US and the EU
Japanese red king crab buyers brace for high prices with Alaska TAC flat
The red king crab quota in Bristol Bay, Alaska for the 2015 season is set at 9,974,000 lbs or 4,524 metric tons, down only by 6t from a year earlier
Seafood’s largest operators in rough waters
US tuna's big three in legal trouble; Pacific Andes under regulators' scrutiny; High Liner's shares in free-fall; Young's on ropes: the last 12 months have been turbulent for some of seafood’s largest companies, with the outlook for the next year not looking much different
Visir-owned firm files legal action against OCI alleging mismanagement
The company controlling the 49% Iceland’s Visir owns in Canadian firm Ocean Choice has filed a legal action, alleging mismanagement and demanding control
Official: US-Russia IUU agreement about information sharing
A recently signed agreement between the US and Russian governments that aims to combat illegal crab fishing in the Bering Sea will allow the countries to work together on investigations and prosecutions of cases
Domoic acid on US west coast continues to hamper shellfish economy
The dangerously high levels of domoic acid caused by an abnormally early algae bloom along the US west coast are slowly starting to come down, however the decline has been slight and the shellfish economy continues to suffer