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Policy Jan. 30, 2025 5:32 PM
Red tape is costing US aquaculture nearly $900m in lost opportunities, NOAA-funded study suggests

By Liza Mayer

A new study provides the first comprehensive update in three decades, offering a clearer picture of the industry's current economic role and the constraints holding it back

Latin America Jan. 29, 2025 4:35 PM
Shrimp, anchovy shortages contribute to steep decline in Peru’s fishery landings

By María Feijóo

Peru's fishing industry faced a severe setback in October 2024, as landings plummeted by 77.1%, reaching just 73,200 metric tons, compared to the same period in 2023

Sustainability Dec. 20, 2024 5:06 PM
US aquaculture sales grew 38% to $1.57bn in latest census

By Liza Mayer

Explosive gains in mollusk and crustacean shored up sales, while catfish remained the US aquaculture industry's most lucrative species in 2023

M&A Nov. 22, 2024 4:28 PM
Red Lobster sees increased sales after new menu launch

Seafood restaurant chain Red Lobster debuted a new menu in the US after exiting bankruptcy

Companies Nov. 12, 2024 3:54 PM
Red Lobster CEO debuts new menu on NBC’s Today Show

By Amanda Buckle

'Relevant, compelling and exciting is what we want Red Lobster to be' --  Red Lobster CEO Damola Adamolekun

Mahi mahi Nov. 4, 2024 1:18 PM
US FDA lowers threshold level for histamine in fish

As many as 22 cases of scombrotoxin fish poisoning were reported in 2023

Supply Oct. 14, 2024 3:54 PM
Insolvency fears grow for AquaFoods as firm struggles with over $56m debt

By María Feijóo

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

Supply Oct. 11, 2024 4:39 PM
AquaFoods enters bankruptcy process four years after deal for AquaChile tilapia arm

By María Feijóo

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

Policy Oct. 8, 2024 1:21 PM
Fast-track permitting system for fish farming structures unlawful, says US court

By Liza Mayer

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

Supply Sept. 13, 2024 4:36 PM
Peru fisheries sector sees major jump in landings on back of anchovy catch surge

By María Feijóo

In June 2024, Peru's fishing sector recorded a 133.2% increase in landings, reaching 362,200 metric tons

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