Recap day 1 from ComFish Alaska
The Undercurrent News team is reporting from ComFish Alaska, taking place in the city of Kodiak from April 15-17
‘Saturday Night Live’ roasts Alaskan halibut in ‘Weekend Update’ White House dinner sketch
Alaska seafood got a shout-out on the popular NBC sketch comedy show
Nordic Halibut closes subsequent offering, secures $159,000
Nordic Halibut has successfully concluded the subscription period for its subsequent offering, raising approximately NOK 1.67m
Canada initiates dispute at World Trade Organization over Chinese tariffs
Meanwhile, the US has accepted Canada's request to use the WTO consultation mechanism to review tariffs but does not accept Canada's view that this is a case of urgency
US issues Pacific halibut IFQ permits on time, tariffs loom over fishery
Constrained supply due to a shrinking biomass has also pushed prices to potentially record levels. But tariffs between the US and Canada could frustrate supply chains
US issues regs for sablefish harvest; Pacific halibut still in limbo
'Wouldn't it be something if (Canada's) halibut fishery opened but the US fishery didn't?' -- anonymous federal fisheries employee
Canadian seafood industry group urges federal government to action on Chinese tariffs
'This is no longer just about economic losses—it's about immediate survival' -- Fisheries Council of Canada chair Alberto Wareham
Masoval grants Nordic Halibut option to purchase processing, sales division
Nordic Halibut has entered into an agreement with Pure Norwegian Seafood to use its processing facilities in Averoy, which also includes an option for the firm to purchase 100% of its shares
Nordic Halibut achieves revenue growth in Q4, struggles with negative earnings
Nordic Halibut's Q4 results showcased significant revenue growth; however, the company continued to face challenges with its profitability
US gov’t dysfunction threatens Alaska halibut, black cod seasons
'We will inform fishery participants if we anticipate a delay in issuing individual fishing quota or opening the commercial halibut or sablefish fishery' -- Andrea M. Wasilew, NOAA Fisheries spokesperson