Norway, EU set new shrimp quota amid conservation concerns
Norway and the EU have agreed on a new combined quote for shrimp in the North Sea and Skagerrak
Polar Seafood in talks over raw materials, with Greenland reform to take 30% of quotas
Polar Seafood is in the process of mapping what is needed to try and keep its Aasiaat factory open, after positing a plan to close the facility in three years' time
US expands ban on Chinese seafood over forced labor concerns, includes Argentinian red shrimp
The Southern Shrimp Alliance estimates that roughly 32% of the Argentinian red shrimp imported by the US in 2023 was processed in China
Former OCI sales exec Spicer joins Nissui-owned Nordic
Steve Spicer, who served as sales manager and general manager at UK distributor Ocean Choice International for 15 years, has now taken a similar role with Nordic Seafood
US imports of Ecuador shrimp cut in half by CVD rate scare
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
Inuit shrimp harvesters in Canada cry foul over quota shares
A group of harvesters say a relatively new policy, adopted in 2021, is pushing them out of the fishery
Polar Seafood sees profits slip again in 2023, forecasts 2024 recovery
After a 2022 dive in profit following the discontinuation of its Russian operations, profits slipped again in 2023, with a potentially tumultuous period of business ahead
US West Coast groundfish traders eye UK, EU gap amid soaring cod prices
After making some headway with sales of Pacific whiting to UK fish and chip shops last year, WUSATA is now looking to enter the Dutch market, where groundfish has never been dearer
Red Lobster lays much of bankruptcy blame on former CEO Kenny, Thai Union
'Certain operational decisions by former management have harmed the debtors' financial situation in recent years' -- Jonathan Tibus, CEO of Red Lobster Management
Greenland passes fisheries reform
The new Fisheries Act -- which aims to allow greater freedoms for fishermen but is likely to cause a structural shift in the coldwater shrimp sector -- enters into force at the beginning of 2025