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Louisana crawfish unphazed by snowstorm of the century

Jan 27, 2025 05:59pm

It's going to take more than a snowstorm to stop Louisana's mud bugs, said one crayfish farmer

Seafood entrepreneurs
Pacifico Aquaculture ceasing operations; CEO departs

By

CEO Per-Roar Gjerde, on his LinkedIn profile, lists November 2024 as the end of his tenure at the Ensenada, Mexico-based striped bass farmer

North America
US immigration agents raid New Jersey seafood plant, arrest 3

By

'I feel like we have to be a country of law, but we have to go after bad people, not working people' -- Ocean Seafood Depot co-owner Luis Janota

Prices
Skills: Chile salmon prices to US, Brazil continue to climb in week 3

The rise in Chilean salmon prices across key markets at the beginning of 2025 has sparked optimism among Chilean salmon suppliers

Prices
US wholesale: Week 5 ‘Market pulse’ updates available on key seafood commodities

Undercurrent News' week 5 "market pulse" updates on US wholesale markets for various key commodities are available on our new platform 

Groundfish
Pescanova brings in Keith Decker as part of larger US restructure

By and

The former CEO of American Aquafarms, Blue Harvest and High Liner has been brought in as a consultant for Pescanova USA following Chris Maze's exit

Prices
‘Market resistance is mounting’ to high scallop prices, though landing volumes remain down

By

'[M]arket resistance is mounting' -- Lorin Castiglione, UCN's head of price reporting for the Americas

Whitefish
Santa Monica Seafood sees LA-focused suppliers, restaurants hit hard by wildfires

By

The wildfires that devastated parts of LA have hit seafood distributors and their restaurant customers hard, said the CEO of Santa Monica Seafood, one of the largest players in California

People
Salmon industry veteran Arturo Clement to step down from SalmonChile at end of 2025

By

Clement, a pioneer in the Chilean salmon industry and founder of Multi X, shared with Undercurrent News some of his professional milestones as well as his efforts in positioning the salmon industry as a valuable economic and social contributor in Chile

Sustainability
Canadian First Nations reject Ottawa’s offer of CAD 260m to acquire lobster licenses

By

'DFO's approach reminded us of earlier initiatives from the 2000s, which failed to respect and uphold our inherent rights. Our Treaty Right to fish is not a commercial fishery' -- Wilbert Marshall, Chief of the Assembly of Nova Scotia Mi'kmaw

Icelandic cod Gadus line-caught
Prices
Icelandic auction prices for cod, haddock see sharp rebound in week four

By

After going through a modest downturn in the previous fortnight, prices for ungutted cod and haddock have both climbed sharply in the latest week

Trade
Parlevliet family takes sole control of Dutch fishing giant P&P

The Parlevliet family has assumed full ownership of fishing conglomerate Parlevliet & Van der Plas following the departure of the Van der Plas family

Prices
Vietnamese shrimp sector hopeful for continued market recovery after 2024 improvement

By

Vannamei shrimp exports were up 15% in volume and 9% in value for 2024, and the hope is that improved market demand, prompted by Asian national holidays, can see that continue

Russia
Russia granted access to Moroccan waters to harvest 10,000t of fish

Russia's Federal Agency for Fisheries, Rosrybolovstvo, has authorized its fleets to harvest 10,000t of pelagic fish in the Atlantic off Morocco’s coast

Trade
UK canned tuna producer Princes threatens job cuts in union dispute

Trade union Unite strongly criticized Princes Foods, one of the UK's biggest ambient food firms, for alleged union-busting practices and threats to offshore production

Tesco
Europe
UK’s Tesco deploys carbon tracking tool across seafood supply chain

The Seafood Carbon Emissions Profiling Tool, developed by UK public body Seafish, will help the company monitor carbon footprints for both wild-caught and farmed seafood

Atlantic salmon
Iceland proposes MAB for land-based salmon farm, but water concerns linger

A new land-based salmon farm in southern Iceland is a step closer to reality after food safety officials proposed a license for its facility to hold more than 12,000 metric tons of fish

Prices
Cod prices rebound on Peterhead, Shetland auctions, while haddock show mixed trends

By

Cod prices on Scotland's major auctions at Shetland and Peterhead saw an increase in week four of 2025, following a notable drop in the previous week

Trade
Ecuador tuna industry rejects Spanish proposal to increase EU ATQ

The Ecuadorian tuna industry has strongly opposed calls by Spanish trade association Anfaco to increase the EU's tariff-free tuna import quota

Alaska Pollock
Maruha Nichiro names senior execs in global management reshuffle

By

The Japanese seafood giant has announced a comprehensive leadership reshuffle and strategic organizational reforms, effective April 1, to strengthen its global operations

Prices
Chinese salmon prices jump $3/kg in week 5 as holiday demand spikes

By

Fresh salmon wholesale prices in China have surged ahead of the Lunar New Year holiday

Aquaculture
Editor’s choice: All the news from GSMC; Quin-Sea withdraws from Canada processors group

By

EMEA editor Neil Ramsden brings you a roundup of the main stories from the previous week  

Alaska pollock. Credit: American Seafoods Group
Companies
Daily recap: More from GSMC; Local Coho shuts down after 6 years; Strong Copper River sockeye forecast

Undercurrent News presents a recap of the top daily seafood stories from Friday, Jan. 24

North America
US salmon RAS farmer Local Coho shuts down after 6-year effort

By Jan 24, 2025 10:03pm

The land-based salmon producer will end operations on Jan. 31, says interim CEO Andre Bravo

North America
‘Excellent’ 2025 sockeye forecast for Alaska’s Copper River salmon fishery

By

'They are quite a bit larger than Bristol Bay sockeye salmon' -- Jenni Morella, Alaska Department of Fish and Game

Squid
New squid trawler for Falkland Islands headed for home port

The Hadassa Bay was built at the Armon shipyard in Spain for South Atlantic Squid, a joint venture involving Falklands-based Beauchene Fishing and Spain's Coepermar

World
Catch the Current episode 1: Trump tariffs, C-store seafood and more from GSMC 2025

Live from Palm Desert, California ... it's your new favorite podcast! Undercurrent News' team of reporters recap the seafood industry's big kickoff event of the year on the new weekly series Catch the Current

Prices
US wholesale: Shrimp prices in week 4 mixed, but gains continue in peeled, deveined

By

Price action for US wholesale prices in week 4 was mixed for imported, farm-raised white and black tiger shrimp, with easing in some categories but strength being maintained in peeled and deveined. 

Sustainability
Kingfish Maine manager says US project very much alive despite lack of visible progress

By

The company and its Dutch owner remain committed to plans despite project delays and legal hurdles, Tom Sorby asserts

Whitefish
Matching US bills reintroduced to stall red snapper fishery closure

By

'A recreational fishing closure would be devastating for coastal economies in the South Atlantic with widespread impacts on charter captains, anglers, and local businesses' -- US senator Rick Scott

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