Processing news

Trident completes sale of Kodiak operations to Pacific Seafood

The deal, first announced in October, includes three processing plants -- Star of Kodiak, Alkod and Kodiak Near Island -- as well as the Plaza bunkhouse apartments for worker housing

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

Acon has closed its long-awaited buyout of the downstream division of US scallop giant Atlantic Capes with its Atlantic Sustainable Catch company, which also owns Northern Wind

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Seamark Ibco shrimp

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

UK’s NH Case reports profit recovery despite revenue drop

Russian H&G pollock price fall continues ahead of early Chinese New Year

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

Nasdaq delists Blue Star after stock price falls below minimum threshold

Japanese sushi restaurant chain targets Texas for US relaunch

CapVest’s Lakeview puts US smoked salmon buyout on ice after inking yogurt brand deal

Honey Smoked Fish Co

Nissui financial muscle allows UK’s Three Oceans to up stock levels amid whitefish uncertainty

Coated fish products from Three Oceans Fish Company. Credit: Three Oceans' website
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Latest news

Vietnamese shrimp. Credit: Seabina Group

Vietnam’s shrimp exports slow as main markets cut purchases

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Dongwon launches new ‘tuna beef’ sashimi

Tsar Nicoulai acquires Sterling Caviar, consolidating California operations

Maersk shipping giant confirms Alaska exit in February 2025

Ammonia leak at Pacific Seafood facility prompts hazmat response, closures

Japan’s Ichimasa Kamaboko to expand surimi stick capacity by 20%

Major Japanese surimi manufacturers announce price hikes on soaring raw material costs

Chinese tilapia raw material, US wholesale prices stable in December ahead of expected tight H1 2025 supply

Turnover at UK’s Andrew Marr drops below £1bn, but profits stay strong

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Vietnam’s tuna exports fall short of expectations in November

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Indonesia eyes shrimp side-stream use in cosmetics

Ecuador tuna firm Eurofish strengthens ties in Italy, Spain

Newfoundland snow crab processors, union agree on final prices for 2024

Chilean salmon output drops in 2024, price surge expected to continue in 2025

NSC data shows eye-watering price paid by EU for frozen cod as UK, China share grows

China, US lower Vietnamese pangasius purchases, but demand remains stable

Thai Union braces for 15% global minimum tax rate

Popular stories

Russian cod processor loses appeal over $2.4m fine

An appeals court has sided with the government in litigation seeking to fine Russian Cod for not fulfilling its investment quota scheme obligations

Newfoundland fisheries minister stands by snow crab inspection protocols

'When buyers know that there are regulations in place and that the rule of law applies, and is enforced, and we take action, that creates confidence in a product' -- NL fisheries minister Gerry Byrne

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aquaculture

Spanish RAS farmer expands sole business amid huge EU supply deficit

Indonesia’s eFishery suspends CEO, exec over financial investigation

US consumers deliberately kept in dark about domestic, imported shrimp, trade panel says in explanation of duties ruling

prices

Russian H&G pollock prices tumble while sellers anticipate increase in PBO fillets  

Skipjack tuna prices show signs of decline in Bangkok

Hokkaido spat shortage threatens Japan’s scallop future, global supply chain

companies

Florida startup NovoMar to liquidate $15m processing plant, inventory

Nissui CEO targets global growth, innovation ahead of new business plan

UK smokery sees profit bump amid drop in costs

people

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

New $50m Ecuador shrimp plant picks up commercial director ousted in Lamar Venezuela takeover

Senior Venezuelan gov’t figure in charge at shrimp producer Lamar after Rincon ousting

m&a

Former American Seafoods CEO Gustafsson lines up consortium bid for company

Kyokuyo launches $24m surimi stick plant in US with 3,000t annual capacity

Changes at top continue for Espersen as CFO, senior finance exec move on

retail

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

Channel Fish aims to hit 1m lbs in annual skin pack production within year

China’s shrimp industry eyes holiday season market recovery

processing

Pelagia to open new mackerel filleting factory in 2025 as part of value drive

EU shrimp market on ‘knife edge’ after Venezuelan Lamar takeover; French, Dutch most exposed

Japan’s Hokkaido chum salmon roe prices soar to record highs amid 21% production decline

fishing

Circle Seafoods pays premium for Alaska pink salmon, looks ahead to expansion in 2025

Japan likely to maintain current pollock surimi import quota levels despite record Russian shipments

Newfoundland moves toward allowing crab harvester strikes, processor lockouts