Downstream news

Pacific halibut TAC slashed 18% to 19.7m lbs for US and Canada

The outlook for Pacific halibut in 2005 remains challenged as the 2024 biomass shrank by 17% and harvesters struggled to land three-quarters of their quota

US to go ahead with 25% tariffs on Canada, Mexico; 10% added to China

'These are promises made and promises kept by the president' -- Karoline Leavitt, the White House press secretary

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Red king crab prices falling on increased quota, slack demand, Russian supply

Bering Sea snow crabbers in brighter mood as global prices ratchet up

First of 3 new US Coast Guard cutters arrives in Alaska

Canada’s elver license holders bash DFO math, seek higher TAC

Alaska Seafood Task Force finalizes list of recommended reforms

Canadian seafood industry braces for Trump 25% tariff declaration on Feb. 1

US appeals court reinstates vertical buoy line limits impacting Massachusetts lobster fishery

‘We can’t absorb it’: BC seafood sector to need new markets if US tariffs hit

free read US wholesale: Tariff uncertainty looms over subdued tilapia, pangasius markets

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Ecuadorian shrimp from Expalsa
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US wholesale: Prices on shell-on shrimp, notably Latin origin, pressured lower

Silver Bay still in talks for lease-to-buy deal on OBI Alaska plants

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US land-based coho salmon closure leaves food bank 13,000 live fish to process

Norway salmon spot prices drop again with supply plentiful, Chile, Scots flat

Nordlaks salmon farms Norway

Limited supply puts Atlantic salmon in interesting spot as Trump tariff date approaches

Whole Foods’ latest seafood code update takes on labor standards, Wi-Fi access

free read Catch the Current episode 2: Industry shakeups, executive orders and salmon snack sticks

Anticipated Norwegian shortage prompts record surge in export value for fresh cod

Captain Fresh, Sekkingstad put together salmon JV

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Mysterious ‘Canadian’ investor behind Argentine shrimp deal is Spanish businessman

Analysts expect Norway salmon M&A to accelerate after Mowi Nova Sea buyout

King crabs captured in Kirkenes, Norway. Credit: Adele Heidenreich/Shutterstock.com

Norwegian ex-vessel prices for male king crab fall in week 4 after near-record surge

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Norway’s Arctic shrimp fishing trial could revive industry after decades-long ban

Indian shrimp giant acquires North American lobster supplier from industry veteran

Canadian aquaculture industry wants policy reversals as output drops 30% from peak

Red tape is costing US aquaculture nearly $900m in lost opportunities, NOAA-funded study suggests

Declining fishmeal, frozen exports hit Peru’s seafood sales, but canned tuna booms

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Sysco sees strong Q2 results, seems focused on oysters in H2 2025

The US-based foodservice distribution giant reported a 4.5% sales increase in its financial results for the second quarter of fiscal year 2025

Global salmon supply down in 2024 due to underperforming Alaska fisheries, GSMC attendees hear

Wild salmon is a shrinking share of global supply as farmed fish has long outstripped supply

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aquaculture

Washington state panel to vote on permanent fish farm ban

Canadian, Norwegian joint aquaculture venture ramps up wolffish, halibut plans

free read US wholesale: Positive market sentiments as Alaska pollock enters A season

prices

Vietnamese shrimp sector hopeful for continued market recovery after 2024 improvement

free read US shellfish dealers need to be ‘boxers and ballerinas,’ GSMC panel advises

free read US wholesale seafood price platform open to non-subscribers for extra week

companies

Captain Fresh eyes spot in seafood’s top 10, targets $1bn sales for next year

US tinned seafood company rebrands in direct-to-consumer shift

free read US Coast Guard detains three from Mexico for alleged illegal fishing near Texas

people

High Liner brings in sales director from Tyson to lead Walmart account

US seafood processor to construct major West Coast plant

free read Catch the Current Episode 1.5: How Ode is growing a niche product with farmed Norwegian cod

m&a

Mowi seals $655m deal to take control of fellow salmon farmer

Santa Monica CEO has three acquisitions in works, looks to correct 2024 profit drop

US conglomerate looks to sell wild shrimp supply division

retail

US packaged seafood category sees growth in September amid hurricanes, port strikes

Maruha Nichiro to raise surimi product prices by up to 14% 

Japanese rail firm expands into land-based trout farming

processing

Young’s, Greenland Seafood parent reports surge in earnings, passes £2bn in revenue

Spanish bluefin rancher Ricardo Fuentes aims to exploit strong Atlantic stocks

Salmon Scotland applauds UK gov’t decision to build third runway at London Heathrow

fishing

Russian crab giant continues fleet renewal amid Asia pivot

US senators push for country-of-origin testing for red snapper, tuna

Week 3 Japan tuna roundup: Fresh bluefin, Taiwan-caught frozen bigeye prices up