By Dan Gibson Nov 21, 2024 08:56am

Undercurrent News is reporting live from the Arctic Securities Seafood Investor Conference, which brings together many of Norway's largest companies in Oslo

Undercurrent News presents a recap of the top daily seafood stories from Wednesday, Nov. 20

By Jason Huffman and Liza Mayer Nov 20, 2024 06:10pm

Donald Trump's choice to head the Department of Commerce will have a lot of say over commercial fishing and is expected to also lean heavily into trade policy

'These hires are important to our next growth phase in becoming the leading pure-play seafood price reporting agency' -- Tom Seaman, Undercurrent News

The Fisheries Council of Canada is urging swift action to address backlogs and stabilize port operations

By Liza Mayer

Consumer optimism, paired with shrimp and salmon’s strong performance, signals a promising outlook for seafood as the holiday season approaches -- Anne-Marie Roerink, 210 Analytics

By María Feijóo

The total volume of Peru seafood landings fell by 22.2% in volume and 14.6% in value to 78,500 metric tons worth PEN 156.5 million in September

By María Feijóo

Peru's seafood sector saw a remarkable surge in exports during September, with total shipments reaching 111,800 metric tons worth $273.5 million

A complaint was filed against Vietnam's Golden Shrimp Seafood Joint Stock Company after a consumer got histamine poisoning from a yellowtail tuna product

By Tom Seaman

More processing consolidation is being mooted in Alaska, with acquisitive industry giant Silver Bay in talks to take control of OBI's 10 plants and buying stations in the US state

By Amanda Buckle

The USDA awarded contracts for 920,000 lbs of four different types of Alaska pollock products to Trident Seafoods and Channel Corporation

By Suisan Keizai

Mitsui & Co. Seafoods, the seafood division of Japan's conglomerate Mitsui & Co., is targeting a JPY 10bn increase in annual revenue over the next few years through its global expansion

By Amanda Buckle

More sentencing in the conspiracy to misbrand seafood is expected when wholesaler Quality Poultry and Seafood and two of its managers return to court on Dec. 11

By Masahiko Takeuchi

The Japanese seafood giant is accelerating its domestic aquaculture production, including tuna, salmon, and yellowtail, as part of a strategic push to increase export revenues

By Louis Harkell

Avanti's processed shrimp business recorded substantial gains in EU market share, which jumped to 19% in Q2 fiscal 2025 from just 4% a year earlier

By Matilde Mereghetti

Brazilian processor Produmar aims to strengthen its sales in the US seafood market and resume shipments to the UK after a six-year hiatus

By Barb Dean-Simmons

LeBreton Fisheries, in New Brunswick, might be the biggest Canadian lobster company seeking a buyer at the moment, but it's not alone

By Tom Seaman

In week 46, Undercurrent News has kept its price assessments for frozen, trawl-caught H&G from Russia and Norway stable at record levels amid growing market panic

By María Feijóo

As the sector faces increasing pressure to meet environmental standards and improve the health and well-being of its fish, the question of whether further expansion is prudent comes again to the forefront

By Neil Ramsden

Harvest guidance for 2024 is 15,000t, but it said it is on track to double that with an ongoing investment program

By Neil Ramsden

Vietnam's exports of pangasius were back up at 90,000t in October, with EU prices rising strongly into November and Chinese prices improving slightly

By Lewis Hu

'Price increases will lead to a reduction in China's imports, and the market is clearly feeling the impact of rising Atlantic cod prices, prompting the search for alternatives' -- Dalian Haiqing's boss

By María Feijóo

Nordic Halibut has seen modest revenue growth in its third-quarter 2024 financial results, though the company incurred losses as it continues to invest heavily in its long-term expansion plans

A new variety of whitefish could soon be making its way to Australian households, with the potential to generate over AUD 1bn for the nation's economy

Industry leaders in Europe are calling for stronger action on monitoring and compliance to ensure fair competition and sustainable fishing practices

Shareholders in Mowi, the world's biggest salmon farmer, have approved the appointment of Orjan Svanevik as new board chair

By Louis Harkell

Indian shrimp processor Apex Frozen Foods reported a quarterly loss as higher costs and supply constraints weighed on margins, though it forecast improving market conditions ahead for the sector

By Tom Seaman

A new UK seafood company that has inked a pre-pack administration deal for a processing plant is connected to Alistair Ramus, a man with a history of fraud in the industry

Undercurrent News presents a recap of the top daily seafood stories from Tuesday, Nov. 19

By Tom Seaman

The largest US at-sea pollock processor, American Seafoods, has promoted long-time executive Inge Andreassen to CEO