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Aquatech
Kingfish increases farmed yellowtail production, raises funds for further expansion

Jan. 19, 2023 10:21 AM

Dutch land-based yellowtail farmer The Kingfish Company saw its production nearly double in 2022, and is now fundraising for its next growth phase

M&A
American Seafoods CEO hopes to ink acquisition in 2023 assuming more ‘reasonable valuations’

By Jan. 17, 2023 4:07 PM

American Seafoods Group hopes to close an acquisition this year, but the company's new CEO noted valuations of target companies are too high

Analysis
NFI’s DeHaan optimistic about seeing end to tariffs on Chinese seafood in 2023

By Jan. 3, 2023 4:38 PM

'The bottom line is, yes, I do have some hope' -- Robert DeHaan, National Fisheries Institute

Companies
Canada adds 62 fish stocks to rebuild requirement list

Nov. 2, 2022 2:56 PM

Most of the stocks added to the list are healthy, but three are struggling, including Atlantic cod and herring fisheries south of Nova Scotia and yellowtail flounder in the Gulf of Saint Lawrence

North America
American Seafoods plans ‘next-generation’ pollock new-builds, eyes fishing M&A

By Oct. 19, 2022 5:37 PM

American Seafoods has engaged a Nordic naval architect to design a 'next-generation' pollock and Pacific hake factory trawler, while also looking at upstream acquisitions, executive advisor and incoming CEO Einar Gustafsson told Undercurrent News

Vessels
Morey’s Seafood International gets into flounder with new dish

Aug. 18, 2022 6:19 PM

Founded in 1937 by Ed Morey, Morey's operates a plant in Motley and a seafood processing and distribution center in Plymouth, also in Minnesota

Legal
Judge quashes injunction stopping US gov’t fines over pollock firms’ 100-foot railway

By July 8, 2022 2:22 PM

Starting July 8, the day after the order, the US government is no longer prohibited from issuing fresh penalties against American Seafoods' transport firms or anyone working with them

Analysis
Study: Grey seals severely depleting yellowtail flounder in Gulf of Saint Lawrence

June 22, 2022 5:36 PM

There is a 100% probability the yellowtail population will remain in the critical zone where serious harm occurs whatever the level of commercial fishing, a report states

Trade
Harvester group suggests NAFO kick Russia out of Canadian offshore waters

By Feb. 28, 2022 6:28 PM

'Offshore trawlers from the Russian Federation have access to thousands of tons of quota a year in the NAFO zone, including redfish, turbot and skate' -- Ryan Cleary, SEA-NL

Analysis
Trident Seafoods to fight Democrats’ proposed MSA changes in Congress

By Nov. 16, 2021 3:46 PM

'Rather than empower the councils, [HR 4690] contains prescriptive mandates that will consume council time, divert resources...'-- Shannon Carroll, Trident Seafoods

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