Japan’s Marubeni merges trading function into domestic wholesaler Benirei
Benirei is Marubeni's domestic seafood wholesale arm, which generated a revenue of JPY 90.7bn, or $605m, for the fiscal year ending March 2023
Japan’s largest surimi producers see earnings rocket on higher prices, cheaper raw material
Kibun Foods and Ichimasa Kamaboko posted strong performances for their financial results ending December 2023, driven by price revision and decreased costs of raw materials
Alaska Dutch Harbor officials balk at proposed pollock fishery bycatch restrictions
An emergency request to set Chinook salmon bycatch limits in the Bering Sea pollock fishery to zero has drawn sharp reaction from city officials in Unalaska, Alaska
Japanese surimi buyers hold firm on pollock price stability as US sellers push for hike
The world's largest surimi producers in Alaska and their traditional buyers in Japan have yet to agree on pricing for the coming year's surimi exports after the 2024 Alaska pollock A fishing season got underway in the Bering Sea
Surimi inventories bounce back in Japan after price drop
Japanese surimi demand is staging a tentative recovery with a bounceback in inventories and finished product output, according to Undercurrent News sources and Japanese industry data
Chinese surimi maker’s shares sink 15% on Hong Kong IPO plan
It follows a spate of derailed initial public offering efforts by Chinese seafood companies
GSMC 2024: Iceland haddock hike keeps supply stable; Pollock catches up in 2024
Undercurrent News was live from the annual Global Seafood Market Conference, or GSMC, which was held this year in Orlando, in the US state of Florida
China’s largest surimi company plans Hong Kong IPO to boost overseas expansion
Fujian Anjoy Food, China’s largest surimi company, has unveiled plans for a stock listing in Hong Kong to help finance an expansion of its overseas business
Trident ends membership with National Fisheries Institute over Russia position
Trident cited the trade organization's stance on seafood entering the US market from Russia as its reason to leave
Belarus’ Santa Bremor switches to Turkish trout, Russian pollock
The Belarussian food group has seen its assets in Ukraine seized and the supply of salmon from Norway and pollock from the US shut off, but it has found workarounds