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Prices July 26, 2024 1:08 PM
Abundant catches, weaker Chinese demand put pressure on Argentinian shrimp prices

By Matilde Mereghetti

Shrimp catches were abundant throughout June, totaling 37,386 metric tons, and continued to be strong in July, with 18,670t recorded in the first two weeks

North America July 22, 2024 3:30 PM
Thai Union sends Red Lobster $21m bill for 15m lbs of shrimp

By Jason Smith

Red Lobster has listed its obligation to Thai Union under a 2019 supply agreement as '$0,' which the seafood supplier disputes

Supply July 15, 2024 4:02 PM
Boom in Argentina’s illex squid sales eases hake, red shrimp export slump

By María Feijóo

Argentina's seafood exports rose by 26.9% in volume and 9.7% in value to a total of 45,780t worth $145.5m in May

Analysis July 9, 2024 3:40 PM
US shrimp imports climbing again, though prices remain low

By Jason Huffman

'We hit bottom in 2023. I don’t expect prices to go below that level,  but certainly down to those levels' -- Donelson Berger, Stavis Seafoods

Analysis June 28, 2024 3:39 PM
New bill would empower US food safety agency to destroy rejected seafood, prevent ‘port shopping’

By Liza Mayer

The Southern Shrimp Alliance says the new bill would close a loophole that allows foreign exporters to ship rejected seafood back to the US

M&A June 17, 2024 4:05 PM
Red Lobster debt holder Fortress seen as most likely buyer after key creditor deal

US-based Fortress, which manages $48bn in assets, is seen as the most likely candidate to rescue Red Lobster from Chapter 11 bankruptcy

Argentine red shrimp June 11, 2024 5:07 PM
US expands ban on Chinese seafood over forced labor concerns, includes Argentinian red shrimp

By Barb Dean-Simmons and Jason Huffman

The Southern Shrimp Alliance estimates that roughly 32% of the Argentinian red shrimp imported by the US in 2023 was processed in China

Analysis June 10, 2024 3:14 PM
US imports of Ecuador shrimp cut in half by CVD rate scare

By Jason Huffman

The US imported just 9,881 metric tons of frozen warmwater shrimp from Ecuador, less than half (45%) the 21,754t imported the month before, based on NOAA data

Trade June 5, 2024 3:15 PM
Argentina’s seafood exports climb again amidst illex squid sale boom

By María Feijóo

Sales of hake and shrimp also saw an increase during the period, but to a lesser extent

Analysis May 21, 2024 6:08 PM
Red Lobster lays much of bankruptcy blame on former CEO Kenny, Thai Union

By Jason Huffman

'Certain operational decisions by former management have harmed the debtors' financial situation in recent years' -- Jonathan Tibus, CEO of Red Lobster Management

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