Canadian shrimp fishery under threat from high costs, falling stocks
The St. Lawrence estuary northern shrimp fishery in the province of Quebec is facing a variety of existential threats, from high expenses to declining stocks
Premium Brands in talks with BC First Nations to establish ‘Clearwater West’ acquisition vehicle
Canada's Premium Brands is in talks with First Nations groups in the West Coast province of British Columbia to establish a venture akin to its Clearwater in the Maritimes
Clearwater reports Q1 loss due to snow crab inventory sell-off, delayed arrival of newbuild
Canada's Clearwater reported a loss in the first quarter, partly due to sales of lower margin sales of 'excess' snow crab inventory from 2022 and the late arrival of a new trawler
China hints Canada diplomatic row may impact seafood trade
Chinese seafood importers with Canadian connections may seek new partners following Canada's expulsion of a Chinese diplomat
Coldwater Seafood cancels inaugural event over Norway salmon tax
'The market response since the announced...taxation has led to several cancelations, and as a new trade show we would rather wait until the whole market is ready to join in for the first time in Amsterdam'
Newfoundland processors agree to buy lobster, end price-related holdout
'The move is a positive signal for harvesters who have remained steadfast in their determination to stand up for a fair market share of their fisheries' -- Fish Food and Allied Workers
Newfoundland snow crab price war expands, embroils lobster, shrimp fisheries
'It's clear the system in Newfoundland and Labrador is broken when a handful of companies have our entire fishery held hostage' -- Greg Pretty, Fish Food and Allied Workers
Sykes sets sights on $600m turnover as new UK distribution hub opens
Sykes is aiming for as much as $600m in group turnover for its current financial year, with a new UK distribution center opening next week, its CEO told Undercurrent News
China’s shrimp imports to top 1m metric tons in 2023, says Rabobank analyst
China will import 1m metric tons of shrimp worth as much as $7 billion in 2023, according to Rabobank's chief seafood analyst, Gorjan Nikolik
US shrimp imports continue swoon with volumes, prices still falling
The US has now seen 10 straight months of y-o-y volume decreases, dating back to April 2022