By Ben Fisher Feb 05, 2025 05:27pm

Jon Mitchell, the mayor of New Bedford, Massachusetts, insists the Vineyard Wind 1 project will be completed, despite a White House memorandum pausing offshore wind energy project development

By Barb Dean-Simmons

Uncertainty over a tariff threat has leaders in Canada's seafood industry talking about the need to reduce dependency on the US market

UCN's week six price assessments and market wrap-ups for US wholesale prices for shrimp, frozen lobster, groundfish, farmed whitefish, scallops, crab and salmon are available on our new platform

By Tom Seaman

Undercurrent News has confirmed the identity of importers and distributors on either side of the US that Captain Fresh is in talks to acquire; both are complementary bolt-ons to CenSea 

By Cliff White

The company laid off approximately 300 of its 1,800 employees last month, though the trade union representing the workers is challenging the move

By Liza Mayer

Crucial feed and raw material exports to the US remain at risk as the tariff dispute is still not settled

By María Feijóo

Peru's aquaculture sector faced a challenging year in 2024, with a decline in production attributed to adverse climatic conditions

Recent testing has again uncovered instances of foreign shrimp being falsely marketed as local

By Cliff White

US secretary of state Marco Rubio visited Panama following president Donald Trump's request to have it return control of the Panama Canal

By Suisan Keizai

Strong market demand and a supply shortage across Hokkaido have driven scallop prices in Japan's Funka Bay to triple from the previous season following a market collapse caused by China's import ban

'This is an incredibly important study that provides positive proof that official statements don't capture the whole picture of harassment rates' -- Emily Menashes, NOAA Fisheries

By Jacob Resneck

Federal fisheries employees say science-based management is a casualty of power politics in the US capital

Nova Scotia father and son, Eric and Zacharie Thibault, were arrested and charged with extortion

By Gary Morrison

Ecuador exported 1.2 million metric tons of shrimp worth roughly $6.1 billion in 2024, nearly flat on volume year-on-year but 3.5% less value, based on the final year data from Camara Nacional de Acuacultura

By Tom Seaman

Undercurrent News' new trade portal tool allows you to understand the implications of all of this on global seafood trade

By Louis Harkell

'After experiencing a 14% compound annual growth rate from 2010 to 2023, growth is projected to slow to 2% in 2024 and 3-4% in 2025,' Rabobank told Undercurrent News

By Dan Gibson

Prices for fresh and frozen cod were largely stable on the Norges Rafisklag auction in the latest week, but there were clear increases for smaller sized fish

By Neil Ramsden

ASC-certified salmon has been singled out in a new Price Council proposal, subject to an additional NOK 2.00/kg; however, Norway's coalition has split, so matters are up in the air

A maritime piracy attack occurred on the night of Jan. 31 in Gabonese waters, highlighting ongoing security concerns in the Gulf of Guinea

Herde Kompositt, the Norwegian company behind the innovative 'Eggett' closed-containment unit, has ceased operations, resulting in the loss of some 63 jobs

By Masahiko Takeuchi

Wholesale prices for fresh bluefin tuna at Tokyo's Toyosu Market fell 12% w-o-w, while those for frozen bigeye tuna caught in the eastern Pacific declined by up to JPY 800/kg

The Fishing Industry Association of Papua New Guinea has disclosed non-conformities identified during a crew welfare certification process in hopes of helping other organizations

By María Feijóo

Camanchaca has announced the closure of its abalone farming division in the Atacama region of northern Chile

Grieg Seafood announced Atle Harald Sandtorv, who served as chief financial officer for over 15 years, will step down from his role

Vietnam's fish paste and surimi exports declined slightly in 2024 despite a strong fourth-quarter rebound driven by rising demand in key markets

By Neil Ramsden

Ode is carefully but rapidly expanding its aquaculture business amid useful macroeconomics, with plans to grow its licenses by 10,000t per year

Undercurrent News presents a recap of the top daily seafood stories from Tuesday, Feb. 4

By Barb Dean-Simmons Feb 04, 2025 07:18pm

'I hope history shows that I was wrong in pushing for this proactive measure. But if I was right and the industry is wrong, there could be many lobster boats for sale in the coming years' --  Patrick Kehiler, commissioner with Maine's Department of Natural Resources

South Korea’s Dongwon has a new CEO of its US StarKist canned tuna subsidiary 

By María Feijóo

Brazil's aquaculture trade deficit surged to nearly $1 billion in 2024, driven by a sharp increase in imports, particularly of salmon