Nissui set to hit record $580m revenue, driven by weaker yen, strong European sales
The Japanese seafood giant has raised its full-year revenue forecast to a record $580m for the fiscal year ending March 2025, citing a weaker yen and strong performance in Europe
Vietnam’s surimi product exports see strong Q4 despite annual decline
Vietnam's fish paste and surimi exports declined slightly in 2024 despite a strong fourth-quarter rebound driven by rising demand in key markets
Maruha Nichiro to raise surimi product prices by up to 14%
The Japanese seafood giant will raise prices on 60 home-use surimi products, including fish sausages and chikuwa, by 4-14% starting with shipments on April 1
Maruha Nichiro names senior execs in global management reshuffle
The Japanese seafood giant has announced a comprehensive leadership reshuffle and strategic organizational reforms, effective April 1, to strengthen its global operations
Catch the Current episode 1: Trump tariffs, C-store seafood and more from GSMC 2025
Live from Palm Desert, California ... it's your new favorite podcast! Undercurrent News' team of reporters recap the seafood industry's big kickoff event of the year on the new weekly series Catch the Current
Nissui cuts plastic use with new surimi stick packs
The Japanese seafood giant announced a packaging overhaul for its shredded imitation crab surimi products, replacing plastic trays with pillow-style packaging to reduce plastic usage by up to 45%
Chinese surimi giant seeks overseas M&A, models strategy on Nestle
China's largest surimi maker, Anjoy Foods Group, will accelerate its internationalization strategy in 2025, stating that mergers and acquisitions are an 'inevitable step'
Russia’s Gidrostroy launches $31m pollock plants in Sakhalin amid record catches
Russian fishing giant Gidrostroy opened two new pollock processing plants in Sakhalin Oblast in 2024, with a total investment of RUB 3.2bn
Kushiro tops Japan in port landing volume for second consecutive year
Japan's Kushiro Port in Hokkaido retained its status as the nation's top fishing port in 2024, with total landings reaching 173,000t a value exceeding JPY 11.7bn
Former American Seafoods investor Coastal Villages involved in Gustafsson’s bid for pollock giant
Alaskan CDQ group Coastal Villages Regional Fund is involved in former American Seafoods CEO Einar Gustafsson's bid for the at-sea pollock and Pacific hake processing giant