US pollock sector dodges $400m bullet as American Seafoods settles Bayside railway litigation
American Seafoods has reached a 'global settlement' of just under $10m with US government over its use of the 100-foot Bayside Canadian Railway
Canada closes Gulf of Saint Lawrence’s winter, yellowtail flounder fisheries indefinitely
The winter flounder stock has been in decline since 2004, and yellowtail in a similar state since 2009, according to Canada's Department of Fisheries and Oceans
Kingfish increases farmed yellowtail production, raises funds for further expansion
Dutch land-based yellowtail farmer The Kingfish Company saw its production nearly double in 2022, and is now fundraising for its next growth phase
American Seafoods CEO hopes to ink acquisition in 2023 assuming more ‘reasonable valuations’
American Seafoods Group hopes to close an acquisition this year, but the company's new CEO noted valuations of target companies are too high
NFI’s DeHaan optimistic about seeing end to tariffs on Chinese seafood in 2023
'The bottom line is, yes, I do have some hope' -- Robert DeHaan, National Fisheries Institute
Canada adds 62 fish stocks to rebuild requirement list
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
American Seafoods plans ‘next-generation’ pollock new-builds, eyes fishing M&A
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
Morey’s Seafood International gets into flounder with new dish
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
Judge quashes injunction stopping US gov’t fines over pollock firms’ 100-foot railway
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
Study: Grey seals severely depleting yellowtail flounder in Gulf of Saint Lawrence
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