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Latin America
Insolvency fears grow for AquaFoods as firm struggles with over $56m debt

By Oct. 14, 2024 3:54 PM

The Panamanian company, known for growing snapper and tilapia in Costa Rica, is struggling with a significant financial crisis

Supply
AquaFoods enters bankruptcy process four years after deal for AquaChile tilapia arm

By Oct. 11, 2024 4:39 PM

Panama-based AquaFoods, formerly known as Industrias Martec, has formally filed for precautionary measures in bankruptcy proceedings for itself and its subsidiary in Costa Rica, Terrapez

Seafood entrepreneurs
NOAA releases ‘how to’ guide on boosting US seafood resilience

Oct. 8, 2024 2:48 PM

The implementation plan details NOAA's five-year strategy to support the seafood industry through climate and economic challenges

Sustainability
Fast-track permitting system for fish farming structures unlawful, says US court

By Oct. 8, 2024 1:21 PM

The ruling on the federal permitting system dubbed Nationwide Permit 56 finds procedural violations under US environmental laws, but a final decision on its future is pending

Policy
Offshore aquaculture advocates hold Capitol Hill ‘fly-in’

May 16, 2024 3:53 PM

Stronger America Through Seafood is participating in meetings with US lawmakers, scheduled for May 15-16

North America
Circana exec lists five hottest specialty finfish in US market

By May 6, 2024 2:38 PM

Market data reveals five niche finfish species are gaining popularity among American home cooks, but they will remain niche until supply meets demand

Supply
AquaFoods CEO announces exit of US wild catch ventures to prioritize aquaculture

By April 23, 2024 1:42 PM

The announcement effectively dispels rumors circulated via local media that the company was halting all fish exports, irrespective of source, CEO and co-founder Patrick Roulet Bornhausen told Undercurrent News

World
Why Maruha Nichiro is taking cultivated seafood seriously

By Sept. 20, 2023 9:53 AM

Maruha Nichiro, the world's largest seafood company, has been in business for 140 years; it has mostly failed to increase revenue for the last 16 of them.

Sustainability
US South Atlantic snowy grouper harvesters say proposed NMFS change favors recreational anglers

By July 21, 2023 2:23 PM

'Amendment 51 is the latest example of the disparate treatment of the commercial and recreational sectors' -- K&L Gates law firm partner J. Timothy Hobbs

Grouper
New ‘Louisiana King of Seafood’ heads to US national competition

July 3, 2023 3:37 PM

Owen Hohl bested 11 other chefs in the state contest when he, with the help of his brother Oscar, created a plantain-scaled grouper

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