Companies news

Objections lodged over $4.4m payout to Peter Pan’s receivership firms

'As this receivership winds down, a full picture of what actually happened has begun to emerge' -- Josh Rataezyk, attorney objecting to sale of Port Moller facility to Peter Pan's former owner Rodger May

Brazilian shrimp processor Carapitanga scales up, eyes retail expansion

Grupo Carapitanga, one of Brazil's three largest shrimp producers, is targeting new contracts in the emerging domestic retail sector, as well as exploring opportunities in international markets

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Shetland fisheries policy specialist Napier passes away

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Scottish seaweed start-up nets £300,000 to expand operations

UK fish, chip group sells sites to fund global expansion of Harry Ramsden’s brand

free read Anti-aquaculture campaign files complaint over Scottish industry lobbying

Robin Pearl resigns from American Mariculture after shareholder disagreements

free read Daily recap: EU whitefish sector not in crisis, 2025 challenge looms; Canada preps for snow crab season

Atlantic cod (Gadus morhua). Credit: Podolnaya Elena/Shutterstock.com

Wild salmon surge 140% in key Atlantic Canada river, revives aquaculture debate

Israeli-Singaporean collaboration works to scale 3D-printed fish for late-2025 launch

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US pollock booster Stephanie Madsen reflects as she retires at year’s end

Eastern Fish’s Bloom sees value in retail, sushi for Storm Seafood’s salmon

Peru’s fleet to compete with Asian fleet on high seas amid giant squid shortage in EEZ

China, UK bought lion’s share of Norway’s frozen cod in week before Christmas

Proximar’s land-based salmon facility in Japan suffers second filter breach

EU whitefish sector ‘not in crisis’ but cod shortage poses serious challenge for 2025

free read Vietnam’s seafood exports hit $10bn

free read Daily recap: Captain Fresh closes Koral deal; Indian shrimp prices rebound

US wholesale: SE Asia crab meat market firming quickly

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Modern challenges prompt revision of NOAA’s aquaculture plan after 40 years

Week 52 US wholesale seafood price assessments live

Week 52 US wholesale seafood price assessments live

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USDA recalls Vietnam catfish products not eligible for export to the US

Nova Scotia opposes DFO’s proposal on eel quota for Atlantic Canada

Seared sea scallops with orzo and vegetables. Credit: Northern Wind

Jeff Bolton named president of $500m PE-backed shellfish platform after Atlantic Capes deal closes

High mortality rates to hit Japan’s Mutsu Bay scallop production recovery

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DFO confirms 37 people charged with elver poaching in 2024

Southern Oregon dungy crab fishery to remain shut for now

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Mowi reports salmon escape at northern Norway site, full scale unclear

Mowi has reported a fish escape incident at its Kviteberg site in Troms county, which occurred over the weekend of Dec. 21-22.

free read Week 52 US wholesale price ‘market pulse’ updates available on key seafood commodities

Undercurrent News' week 52, Dec. 23-29, 'market pulse' updates on US wholesale prices for various key commodities are available on our new platform

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aquaculture

Icelandic land-based salmon farmer eyes early 2025 for €200m fundraise

Mitsubishi appoints new COO at marine products division

Atlantic Sapphire approves reverse split to streamline share structure

prices

Vietnam’s shrimp exports slow as main markets cut purchases

Small scallops get cheaper at US docks, while price tag grows for all others

free read Turkish seafood exports gain US foothold through trade program

companies

Maersk shipping giant confirms Alaska exit in February 2025

free read Daily recap: US investor Acon closes Atlantic Capes buyout; Russian crab giant continues fleet renewal

Captain Fresh closes deal for EU salmon processor Koral

people

Espersen makes more layoffs in UK with no end in sight for losses

Farquharson steps down as head of Canadian salmon farmer group

free read Former Dawnfresh chairman Alastair Salvesen passes away

m&a

Former American Seafoods investor Coastal Villages involved in Gustafsson’s bid for pollock giant

US investor Acon finally closes Atlantic Capes buyout to create $500m shellfish platform  

Kaldvik announces potential acquisition of Icelandic fish farming assets

retail

New England’s Aherne sees ‘very tough few months’ ahead on cod, haddock

Mississippi seafood labeling bill to be reintroduced after controversial restaurant findings

free read Editor’s choice: Maersk to cancel Alaska service; Canadian snow crab processors, union agree final prices

processing

Trident completes sale of Kodiak operations to Pacific Seafood

Ahmed family’s UK shrimp businesses report close to £5m combined loss

UK’s NH Case reports profit recovery despite revenue drop

fishing

Russian crab giant continues fleet renewal amid Asia pivot

Dutch land-based yellowtail farmer Kingfish announces €14m private placement

Oceana sues US gov’t over data on trawl bycatch of marine mammals