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Prices
Shortage of single-frozen coldwater shrimp drives shift in trade

By Sept. 5, 2024 10:47 AM

One source estimates Canada has imported more than 4,000t of coldwater shrimp from the Barents this year, a new development, as single-frozen raw material runs short and rises in price

Prices
Recap GSF: Indian shrimp farm area drops, volume could remain stable, says Aqua Exchange CEO

By , and Sept. 3, 2024 9:32 AM

Undercurrent News was reporting live from the Global Shrimp Forum, held Sept. 3-5 in Utrecht, the Netherlands

Prices
Polar’s Iceland investment about securing Barents shrimp as Greenland quotas slide

By Aug. 30, 2024 10:55 AM

Polar Seafood's purchase of an undisclosed share in Icelandic processor Kampi gives it access to the growing Barents Sea fishery and free trade access to the UK

Europe
Polar Seafood to buy stake in Icelandic shrimp firm

By Aug. 28, 2024 6:16 PM

The largest shareholders in Denmark's Polar Seafood and coldwater shrimp processor Kampi have agreed a deal for Polar to acquire a stake in the Icelandic firm

North America
Premium Brands builds seafood deal pipeline, still in talks for CAD 325m player

By Aug. 9, 2024 1:54 PM

'Although we did not close any acquisitions during the quarter, we're pleased to report that we're in the advanced stages of due diligence on a number of deals and we hope to close a few in the near future' -- George Paleologou, CEO

Analysis
US shrimp imports finish first half down by 3% after rough month of June

By Aug. 8, 2024 3:16 PM

The US imported 351,025 metric tons of shrimp worth $2.7 billion during the first six months of the year, 3% less volume and 10% less value than the first half of 2023

Japan
Whitecap appoints former Stavis Seafoods exec as new sales manager

July 15, 2024 3:43 PM

Canada's Whitecap International Seafood Exporters has appointed Ethan J. Gerber as its new sales manager

Analysis
US shrimp imports climbing again, though prices remain low

By July 9, 2024 3:40 PM

'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

Fishing
Harbour Grace acquisition gives Canadian Innu more shrimp, groundfish quota

By July 8, 2024 2:48 PM

The Innu fishing company Ueushuk Fisheries now owns one of the 17 commercial shrimp fishing licenses off Canada's east coast

Supply
Norway, EU set new shrimp quota amid conservation concerns

June 21, 2024 10:33 AM

Norway and the EU have agreed on a new combined quote for shrimp in the North Sea and Skagerrak

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