By María Feijóo Jan 03, 2025 04:43pm

Spot prices for farmed Norwegian salmon to be delivered in the second week of the new year have dropped notably, reflecting a post-holiday market slowdown

By Barb Dean-Simmons

The Labrador Fishermen's Union Shrimp Company has closed a deal worth close to CAD 100m, or $69m, to gain 100% ownership of a shrimp fishing and cold storage operation

By Gary Morrison

Initial estimates show Ecuador exported 118,000 metric tons (260.1 million pounds) of shrimp in November 2024. This would be 37% more volume than in October 2024 and nearly 21% more year-on-year, based on preliminary data

By Lorin Castiglione

The market remains guarded heading into the new year, with limited forward visibility and ongoing logistical challenges adding to the unpredictability

'If Proposal 156 were to pass, there is no evidence to support that there would be any benefit to wild salmon, but it would significantly harm all the users of the resource' -- DIPAC in a statement opposing the proposal

Researchers at the University of British Columbia say they discovered a 70% mortality rate in coho eggs that were exposed to salt pulses for 24 hours

'From the beginning of statehood, the state owned our municipal harbors, but in 1996 the state decided to get out of the harbor business' --  Glorianne Wollen, harbormaster in Petersburg, Alaska

North Atlantic right whales (NARWs) should live to 100 years or more, but their lives are being cut short because of fishing gear, vessel strikes and climate change, a recent study says

By María Feijóo

The export volumes of fresh Norwegian salmon amounted to 9,160 metric tons in week 52, down 12% year-on-year, according to the latest data published by the NSC

By Gary Morrison

US wholesale prices in week 1 for imported, farm-raised white and black tiger shrimp saw isolated premiums develop in the holiday-shortened trading weeks; Argentine red shrimp remained in the established trading channel 

The certification, awarded after a six-month assessment by SCS Global Services, encompasses more than 130 independently owned vessels operating as small, medium and micro enterprises based in South Africa's Western Cape province

By María Feijóo

The new tariff quotas allow a wide variety of Icelandic fish and seafood products, including frozen herring, redfish fillets, and Norway lobsters, to be imported into the EU without customs duties

South Australian rock lobster exports to China resumed on Friday for the first time since 2020, marking the complete restoration of trade relations that were disrupted by restrictions imposed four years ago

By Masahiko Takeuchi

Japan's Kushiro Port in Hokkaido retained its status as the nation's top fishing port in 2024, with total landings reaching 173,000t a value exceeding JPY 11.7bn 

By Dan Gibson

'In a blue-sky scenario for 2035, we can speculate that over 400,000t is possible if 25% of the numerous projects in the concept phase materialize' -- Gorjan Nikolik, Rabobank

It was a landmark year in 2024 for Greenland's Nutaaq cod fishery, with an unprecedented 10,000t purchased between April and October

Undercurrent News presents a recap of the top daily seafood stories from Thursday, Jan. 2

By Lewis Hu

China's imported shrimp, primarily Ecuadorian shrimp, did not see a big price increase during the New Year holiday; however, the rise in import tariffs has made importers more concerned

By Gary Morrison Jan 02, 2025 06:08pm

US wholesale prices for frozen, warm water and cold water lobster tails and meat remained sideways in week 1, according to UCN's assessment published on Tuesday, Dec. 31

By Jacob Resneck

'NEFSA is pleased that the court agreed there are constitutional problems with the council' -- Jerry Leeman, New England Fishermen Stewardship Association

By Barb Dean-Simmons

The Innuksuk II sailed out of the Tersan Shipyard in Turkey on Jan. 1, 2025, headed for the port of St. John's, in the Canadian province of Newfoundland and Labrador

The Danish shipping company is developing contingency plans to minimize the impact if a strike occurs

Mexico president Claudia Sheinbaum 'could turn to Washington's biggest economic rival at a time when Beijing is seeking to assert more influence across Latin America' -- Scott Morgenstern, University of Pittsburgh

Negotiations on a new longshore union contract at US East Coast and Gulf of Mexico ports will resume on Tuesday (Jan. 7)

By Amanda Buckle

The US Department of Agriculture issues open purchase requests for seafood every year through domestic food distribution programs

By Masahiko Takeuchi

Japan's scallop exports surged 85% y-o-y to 3,365 metric tons in November, driven by rising demand from the US and Southeast Asia amidst global supply challenges

UCN's week 1, 2025 price assessments and market wrap-ups for US wholesale prices for various key commodities are available on our new platform

By Neil Ramsden

EMEA editor Neil Ramsden brings you a roundup of the most-read stories of the past year

By Neil Ramsden

Inventories reached their lowest levels since the start of 2024 in November, with some factories holding off on quoting for Q1 2025 orders

By María Feijóo

European plaice prices experienced a notable decline during the final week of the year, while common sole prices surged dramatically at Pefa’s year-end auctions