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Fishing
Maine island identified as preferred hub for floating offshore wind development

Feb. 22, 2024 5:44 PM

Janet Mills, governor of the US state, announced this week that a 100-acre site on Sears Island is its preferred site for the assembling of floating turbines and components

Analysis
Red swimming crab prices poised to climb, reduce gap with blue

By Feb. 22, 2024 5:01 PM

The red swimming crab season in Vietnam is 'basically done and won't even start coming back until May,' and 'the new season won't start in China until August' -- Troy Turkin, Supreme Crab

Prices
Japan’s top crab processor to market 5,000t of Russian kings globally in 2024

By Feb. 22, 2024 4:40 PM

The amount is likely to include both raw and cooked crab, of which 4,000t should sell domestically and 1,000t head to such overseas markets as Dubai, Hong Kong and Taiwan

Products
High Liner working to find replacement for Russian whitefish

By Feb. 22, 2024 4:31 PM

The Canadian seafood processing giant revealed in its Q4 report that it's facing a shortage of raw material in the short term as a result of the expanded US sanctions against Russian seafood

Trade
Ecuadorian exporters face consumer backlash in China over sulfite shrimp

By Feb. 22, 2024 10:27 AM

A Chinese blogger and 'professional anti-counterfeiter' found shrimp sold on a popular e-commerce platform contained execessive preservatives

Prices
Morocco increases octopus quota amid rising prices, shortage concerns

By Feb. 22, 2024 10:08 AM

Morocco has announced a sudden increase in its octopus quota as prices rise due to a scarcity of larger sizes, particularly in demand in Spain, Portugal, and the US

North America
Santa Monica plans market share grab with new plants, restructured foodservice team; M&A on backburner

By Feb. 21, 2024 4:17 PM

'I see seafood activity right now as grabbing market share from others. There's not a lot of additional business out there since seafood consumption has been flat for years' -- Roger O'Brien, Santa Monica Seafood

Prices
Newfoundland crab processors must open books if they want compensation for holdout, harvesters say

By Feb. 21, 2024 4:14 PM

'If they truly expect us to believe that they suffered losses when they were able to get crab for so cheap, they must produce the paperwork to prove it' -- Greg Pretty, Fish Food and Allied Workers

Companies
Watch: Rising security issues in Ecuador pose shrimp production challenges

By Feb. 21, 2024 2:38 PM

Ecuador is grappling with a complex conundrum as security challenges escalate, posing a significant threat to the country's shrimp production capacities, too

Trade
Washington state leads US shellfish sales, preliminary data show

Feb. 21, 2024 2:08 PM

The US Department of Agriculture's census report points to the Pacific Northwest state as leading US sales of farmed shellfish in 2022

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