By Barb Dean-Simmons Mar 28, 2025 05:18pm

'How do we keep using a process that creates pure turmoil each and every year to try to set fish prices? ... The people we have running this industry wouldn't run a garden party!!!!' -- Facebook post by a Newfoundland crab harvester

By Neil Ramsden

Spot prices for Norwegian farmed salmon are dropping for week 14, with the volumes of large fish still an issue; Chilean fresh salmon fillet prices to the US have also eased in price, and Scottish are down

By Jacob Resneck

'When salmon are in the marine phase of their life cycle, they can occupy areas where the pollock aggregate, leading to the incidental catch' -- Caitlin Yeager, At-Sea Processors Association

By Lorin Castiglione

Offers are being made more aggressively, though uptake remains slow as many buyers adopt a cautious or margin-protective stance

By Barb Dean-Simmons

At the request of the union that represents snow crab harvesters, a meeting of the Standing Fish Price Setting Panel has been rescheduled for April 7

By Amanda Buckle

Undercurrent News spoke to SeaD Consulting fisheries scientist and founder David Williams and chief operations officer Erin Williams about the company's contract with the Southern Shrimp Alliance

By Lorin Castiglione

One of the most pressing issues in the current market is tilapia, where the total tariff rate on Chinese-origin product has now ballooned to 45% following an additional 20% imposed earlier this year

By Cliff White

As Trump's trade war heats up, the cold storage firm is offering bonding as a cure for market volatility

By María Feijóo

Brazil's aquaculture sector is being transformed by a surge in mergers, acquisitions and strategic investments

By Gary Morrison

Regardless of the price setting panel and trade war results, upward pressure on prices is being driven by short supply

Don't miss a new installment of Amanda and Lorin's fictional soap opera, The Crabby and the Canadian

By Neil Ramsden

'I can only speak to the minister of fisheries' target, which is to begin the process for that this year, and I would say we're optimistic that will be possible' -- Marius Dalen of Norway's Ministry of Trade, Industry and Fisheries

The proposed legislative changes involve a redistribution of fishing quotas, a move that industry leaders claim could lead to company closures and job losses

By Neil Ramsden

For whole frozen mackerel, week 12's dip took prices further below the NOK 30.00/kg mark, which it hasn't been below since week six

By Masahiko Takeuchi

'The 10% reduction was automatically triggered by the Scientific Committee's recommendation based on stock status and catch performance' -- a Japan Fisheries Agency official

Vietnam's tuna exports reached nearly $73m in February, jumping 41% year-on-year to a five-year high for the month

Icelandic land-based salmon producer GeoSalmo is progressing on multiple fronts as it seeks additional funding for its ambitious aquaculture project

By Masahiko Takeuchi

'Despite a steady flow of shipments due to expanded catch quotas starting this year, producers at the source remain bullish, driving up market prices' -- Toyosu wholesaler

Atunlo is set to enter liquidation following its inability to secure 65% approval from creditors for a debt restructuring plan

Undercurrent News presents a recap of the top daily seafood stories from Thursday, March 27

By Masahiko Takeuchi Mar 27, 2025 11:06pm

Cobia farming is 'part of our efforts to respond to the rising sea surface temperatures around Japan' --  Maruha Nichiro spokesperson

By Masahiko Takeuchi

Joo, who currently holds the position of chairman at Sajo Group, previously led Sajo Industries as CEO for 25 years before stepping down in June 2004

A 2025 survey by Maruha Nichiro Corp. found that salmon remains the most popular topping among Japanese conveyor-belt sushi diners for the fourteenth consecutive year

By María Feijóo

Argentina's red shrimp freezer fleet is facing an impending economic collapse as rising costs, falling prices and labor disputes cause vessels to remain docked, sources told Undercurrent News

The plant will take the Lithuanian company from an 18,000t to 50,000t-per-year processing capacity; part of a goal to become one of the top five salmon processors in Europe

By Barb Dean-Simmons

The Fish Food and Allied Workers says officials from St. Anthony Seafoods walked away from contract negotiations on March 18 and, 48 hours later, posted "closed for business" signs and locked the gates to the factory

By Barb Dean-Simmons

'We've got a scale proposed for an opening price and a final price, very similar to what happened last year' -- Jason Sullivan, Fish Food and Allied Workers

By Cliff White

'We're not going to lift the sanctions, it's much too early' -- French president Emmanuel Macron

By Cliff White

A trade war initiated by US president Donald Trump is heating up as the European Union and Canada formulate retaliation plans

'Alaska is speaking with the voice that is -- in one sense pleading between our two greatest powers, our government -- the United States -- and the Canadian government, to come together, to work together amicably' -- Chuck Kopp, Alaska state representative