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Norway’s cod quota cut to be sharper for offshore fleet thanks to ‘trawl ladder’ rules

By Oct. 23, 2024 10:25 AM

Although the new cod quotas to be announced this week are expected to bring a sharp decrease in Barents Sea fishing volumes, the trawl fleet will carry more of that burden

Seafood entrepreneurs
High Liner hopes to launch Norwegian farmed cod before year-end as wild volumes drop, prices rocket

By Oct. 22, 2024 4:20 PM

Canada's High Liner Foods hopes to launch Norwegian farmed cod from a company it invested in earlier this year before the end of 2025 -- CEO Paul Jewer

Prices
Russian pollock CEO: Whitefish exports to EU could drop to zero if new vessels don’t get licenses

By Oct. 22, 2024 8:35 AM

EU customers will lose up to 100,000t of single-frozen Russian pollock fillets by 2028 as well as Pacific and Atlantic cod and haddock, if new EU import numbers are not issued, top CEO told audience at Groundfish Forum last week

Prices
H&G haddock prices surge during Groundfish Forum; cod also on rise

By Oct. 21, 2024 2:15 PM

Prices for H&G haddock from Russia and Norway increased sharply, and cod was also increasing as the top executives in the trade met in Denmark last week for the Groundfish Forum

Prices
Frozen H&G cod, haddock prices set firm ahead of likely big quotas cuts

By Oct. 16, 2024 3:55 PM

Prices for frozen H&G Atlantic cod and haddock are generally firming, with sources at the Groundfish Forum unsure of where the top of the market will be

Companies
Global wild whitefish supply projected to drop 100,000t in 2025

By Oct. 16, 2024 8:51 AM

The latest supply projections from this year's Groundfish Forum show a sharp reduction in Atlantic cod, with hake and hoki the only wild-caught species to see significant increases

Prices
Live from Groundfish: Recap all the news from Copenhagen

By and Oct. 15, 2024 2:23 PM

Undercurrent News was live from the 2024 Groundfish Forum, being held Oct. 15-17 in Copenhagen, Denmark

Prices
Alda, P&P’s UK JV frustrated by ‘political football’, sees sales drop after processor closure

By Oct. 15, 2024 10:48 AM

UK Fisheries noted that the rights settlement between the UK and Norway remains 'a huge disappointment,' while sales fell by £32m y-o-y after the closure of its Danish subsidiary

Prices
Tradex: Iceland haddock catch more than compensates for Norway, Russia decline

Oct. 14, 2024 2:58 PM

Iceland's current haddock harvest stands at around 62,000 metric tons, 27% (13,000t) ahead of the same period last year -- Tradex

Legal
Russian fishing body backs gov’t move to quit ICES ahead of bill vote

By Oct. 11, 2024 11:14 AM

A Russian industry group has questioned the 'value' of ICES in the North Atlantic as the country's authorities mull moving away from the advisory body

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