Global wild whitefish supply projected to drop 100,000t in 2025
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
Live from Groundfish: Recap all the news from Copenhagen
Undercurrent News was live from the 2024 Groundfish Forum, being held Oct. 15-17 in Copenhagen, Denmark
Global H1 surimi output down 11% to 384,000t on pollock, tropical declines
According to a presentation by Angel Rubio of Expana at the annual Genuine Alaska Pollock Producers meeting, the overall surimi output reduction was driven by lower production from critical species, including pollock, Itoyori and ribbonfish
Nissui says filleting can improve profits in Alaskan pollock, Chilean trout biz
The Japanese seafood giant aims to expand filleting operation in its subsidiaries, UniSea and Salmones Antarctica, says Nissui's directors
Maruha snaps up 10% stake in Japan’s largest surimi producer for $19m
Japan's Maruha Nichiro has acquired a minority stake in Kibun Foods with a capital alliance to collaborate in manufacturing at home and developing offshore surimi product markets
Sanford’s improved H2 salmon, mussel profits offset weak squid season
Despite a 23% y-o-y EBIT improvement, Sanford's annual earnings remain 24% lower than pre-COVID performance, however
Groundfish Forum projects increased global pollock catch, sharp drop for cod in 2024
Global Atlantic cod catches are anticipated to drop by 14% to 791,000t, the lowest level in over a decade, while Alaskan pollock supply is set to climb again
Norway-backed Argentine whitefish firm seeks investor ‘partner’ to finance M&A in other species
Norway's Ocean Harvest, which owns Argentine fishing firm Estremar, is looking for an investor 'partner' to help finance M&A in new species, seeing an opening in the Latin American country after the upcoming election
CEO of NZ’s largest seafood firm follows top sales exec out door
New Zealand's largest seafood company, Sanford, has parted ways with its CEO not long after its top sales executive also left
High prices to drive NZ’s export revenue up 8% despite volume drop
New Zealand's seafood industry is experiencing growth for the second consecutive year, with export value expected to reach NZD 2.1bn for the year ending June 30, 2023