Companies news

Japan’s Miyagi farmed coho prices hit record $11/kg

The season's opening sale at the Ishinomaki Fish Market stunned auction participants, with some calling the prices 'unbelievable' and 'possibly the highest ever recorded'

Japanese eel industry off to slow start despite East Asia’s second-highest elver catch

Japan's eel industry is struggling to keep pace with East Asia's booming glass eel harvest despite the region recording its second-largest catch since 2003

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Week 16 US wholesale prices: Shrimp continues tariff-induced surge; Steep climbs on Iceland haddock, Norwegian salmon; Lobster tanks

US customs will make ‘case-by-case’ decisions on tariff exemptions for Alaskan fish coming back from China

Late Easter, tariff-related stockpiling boost retail seafood sales

US scallop landings rise but dock prices keep diving early in new season

Canadian First Nations lawyer hints at deal with DFO over lobster fishing in Nova Scotia

Mexican government arrests five involved in illegal totoaba fishing

New Jersey sushi restaurant owner seized by ICE after earlier Chinese spy conviction

Cooke seeks recusal of environmental judge over Chile salmon farm suspension

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President Donald Trump signing the Modern Fish Act on New Year's Eve.

Trump quietly renews ban on Russian seafood imports

David Carrington Sr dies, founder of Harbor Seafood partner Carrington Foods

UCN adds to US wholesale price reporting team with hire from Fastmarkets

Norwegian, Russian CIF China H&G haddock prices drop as US trade war causes processor panic

Atlantic haddock, via Kangamiut

Former CEO of eFishery details 6-year accounts fakery

Grieg Seafood’s chief strategy officer, head of quality depart

free read Nomad reaches 100% ASC or MSC coverage on Findus Italy’s seafood

Vertical Oceans installs robotic gantry to land-based Singapore shrimp facility

Dubai-based firm’s Avramar deal expected to close in April

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Japanese surimi industry braces for another potential Alaska pollock price hike

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Daily recap: US shrimp prices rise, Asian packers rush shipments amid tariff deadline confusion

China holds line on Japan seafood ban after latest technical meeting

Tariff-hit Asian packers scramble to make US shipments amid confusion over July 9 deadline

US shrimp wholesale prices rocket up amid buying surge in advance of bigger tariffs

Canadian research group Onda awarded grant to develop rapid test kits to detect fish disease

Latest US-China tariff escalation expected to push more live lobsters into processing

Cox’s Seafood refutes ‘us-versus-them’ attitude of US domestic shrimp sector

Popular stories

Cargill’s 8,000 job cuts don’t spare its seafood business

Layoffs at Cargill, which controls the PrimeWaters Seafood brand and the Chilean salmon firm Multi X, have impacted some of its employees working in its seafood operations, Undercurrent has learned

Zoneco reports $3m loss amid ‘complex economic conditions’

Zoneco Group, One of China's largest seafood companies, has reported a net loss of CNY 21.9m for 2024, marking a significant downturn from its profit of CNY 8.6m in the previous year.

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aquaculture

Norwegian salmon sector turns tide with contained pens, ‘precision’ aquaculture

Alaska House leaders oppose governor’s fish farm bill

UAE-based investor still seeks funding for Avramar acquisition

prices

Chile’s coho farmers eye markets beyond Japan with output increase forecast

Newly announced NL snow crab dock prices won’t move US wholesale rates

free read US wholesale: Week 16 ‘market pulse’ updates available on key seafood commodities

companies

Pacific Seafood closes deal for plant to expand in US Southeast

Newfoundland to spend CAD 3.5m to aid growing lobster industry

free read US shrimper sues Walmart in case linked to seafood mislabeling

people

Saudi shrimp giant NAQUA parts ways with former Pescanova exec Illingworth

Trump administration picks Eugenio Pineiro Soler to lead NOAA Fisheries

US squid firm Town Dock parts ways with father-son execs after buyout by Peru-backed group

m&a

Ecuadorian, European shrimp players eye stake in Spanish cooker up for grabs after owners’ Venezuela ouster

Italy’s Bolton reportedly sells another Via Ocean tuna vessel to Latin America

Yumbah’s acquisition of Clean Seas adjusted to include more minority shareholders

retail

free read UK retailer Morrisons to close 35 fish counters in cost-cutting effort

Ireland’s Keohane lands new retail deal with Lidl

US East Coast oyster growers sought Trump’s tariff help before ‘Liberation Day’

processing

Fathom Seafood, private equity investor work to secure Port of Tacoma site for US plant

Leroy UK adds ex-Espersen exec amid expansion of Vietnam whitefish re-processing

South Korea’s Dongwon Group to merge food units in push for overseas growth

fishing

US issues Pacific halibut IFQ permits on time, tariffs loom over fishery

Lobster issues dominate Canadian election in Atlantic province

free read Editor’s choice: US-China trade war intensifies; Creditors want Northline salmon barge seized; Cooke mulls Chile exit