Latest news
US scallop season even worse than expected with little relief on horizon
There's good reason to believe there are few additional scallop landings left to be made in the last three months of the season thanks to conditions and rule limits
Rihanna, Trump among seafood’s five most viral moments in 2024
In a year when the industry faced numerous struggles, it was also nice to see some unexpected viral wins on social media
Skills: Chilean salmon prices to US stable, China dips, Brazil sees rise in week 51
Between Dec. 16 and 22, prices for Chilean salmon remained mostly flat in the US and dropped in China, while rising in Brazil, according to the latest data from Skills
Tantalizers restaurant chain poised to acquire Nigerian fishing company
The Tantalizers restaurant chain has signed a memorandum of understanding with DanBethel Marine Services, a marine and fishing enterprise based in Lagos, Nigeria
Canadian lobster, crab shell waste plant files for bankruptcy
Coastal Shell Products, located in the Canadian province of New Brunswick, reportedly owes nearly CAD 13 million ($9.06m)
Peru’s fishmeal, oil export boom masks deeper crisis in direct human consumption sector
Peru's seafood industry is facing a tough reality as 2024 draws to a close, with significant challenges in sectors key for direct human consumption
Right-wing activists use US fishing group to front anti-wind energy campaign, report says
'It's a six-alarm fire to see (right-wing activist Leonard Leo) involved in offshore wind. He has unlimited money and ruthless teams that will use anything to push their agenda' -- Charlie Spatz, Energy and Policy Institute
Oyster norovirus-related recall continues to expand in US, Canada
The FDA has expanded its oyster recall to include mollusks harvested by Taylor Shellfish Canada in British Columbia and Ruco's in Washington state
Anti-whaling activist Paul Watson freed from Greenland jail
The government of Denmark rejected Japan's request to extradite him to face criminal charges stemming from a 2010 incident involving a Japanese whale research ship
FDA finds ‘forever chemicals’ in samples of canned clams from China
The US Food and Drug Administration collected samples of processed clams from China between October 2022 and September 2024
Trade insights: China’s shrimp imports down 10% through November
China's frozen warmwater shrimp imports fell 7% year-on-year in November, with major suppliers Ecuador and India reporting significant volume declines
EU fishing sector profits rise to €1.7bn, despite aging vessels, workforce decline
The European Commission's 2024 Annual Economic Report reveals significant improvement in the profitability of the EU fishing fleet, with gross profits expected to reach around €1.7bn in 2024
Norcod escape saw up to 23,000 cod flee net breach
On Nov. 28, Norwegian cod farming firm Norcod reported a significant fish escape from its Labukta fish farm in Nesna, Nordland
South Korea’s first land-based RAS salmon farm opens
South Korea has opened its first land-based salmon farm, the 'Busan Smart Aquaculture Cluster,' marking a major step toward sustainable seafood production
Week 1 farm-gate shrimp roundup: Indian prices start new year on the rise, Chinese continue to plummet
Indian shrimp prices rose further at the start of the first week of the year, while other major producing regions showed a range of movements
Russia’s overall seafood catches down in 2024, prices firm
The Russian seafood sector's total landings have weakened year-on-year, while local seafood prices firmed, according to Rosrybolovstvo
Daily recap: China to raise import tariffs on key species; Pearl resigns from US shrimp breeder
Undercurrent News presents a recap of the top daily seafood stories from Monday, Dec.30
Chinese salmon wholesale prices robust in final week of year
Chinese salmon wholesale prices remained firm in the final days of 2024, but rising costs have made it challenging for many dealers to turn a profit
Week 1 US wholesale price ‘market pulse’ updates available on key seafood commodities
Undercurrent News' week 1, Dec. 30-Jan. 3 'market pulse' updates on US wholesale markets for various key commodities are available on our new platform
Shipping company plans surcharges if US port strike occurs in 2025
Germany-headquartered shipping company Hapag-Lloyd has warned customers in an email that it will be introducing new surcharges should port workers on the US East Coast decide to strike next month
Canadian conservation group raises concerns about herring stock data
Oceans North says Canada's Department of Fisheries and Oceans is still waiting for information from acoustic surveys conducted by the herring industry
Canada’s Premium Brands makes non-seafood acquisitions ahead of Trump inauguration
Canada's Premium Brands Holdings, the parent company of seafood brands like Clearwater and Ready Seafood, has acquired three companies for a total of $66 million
US scallop harvesters go light on landings during final week of 2024
The average paid for 10-20s climbed to $25.51 per pound during week 52 from the $24.17/lb seen during week 51, while 20-30s fetched $15.88/lb, down from the $17.22/lb seen earlier
Canadian court sides with lobster fisherman against DFO policy
A disabled fisherman challenged the DFO rule that dictates the owner of a fishing license must participate in the fishery on board the boat
Extreme waves hit northern Peru, leave thousands of fishermen stranded at sea
Extreme waves battering Peru’s northern coast have left over 3,000 artisanal fishermen in Tumbes and Piura stranded or without vessels
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
Shetland fisheries policy specialist Napier passes away
Dr. Ian Napier, the senior fisheries policy adviser for the University of the Highlands and Islands in Shetland, has died aged 58
Russia formally approves Far Eastern quota distribution for 2025
Russian authorities have approved the distribution of pollock, Pacific cod, Pacific herring and crab fishing quotas in the Far Eastern basin next year
Morocco lifts octopus fishing quota for upcoming season
Morocco announced its octopus quota for the 2025 winter fishing season on Dec. 27, with a marked increase of 23.6% over last year