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North America
Bristol Seafood adds Thibodeau to lead business development

Feb 11, 2025 04:16pm

Jason Thibodeau joins US-based Bristol Seafood after roughly 10 years in the seafood industry

North America
Norwegian seafood processor makes key hire in effort to strengthen US presence

By

Norwegian seafood processor Mathias Bjorge has hired Erik McCoy, a former vice president at Sysco company Northstar Seafood, as it looks to increase its presence in the US market

Atlantic salmon
Nordic Aquafarms selling former land-based salmon farm site in Maine for $2m

By

The 53.9-acre site in Belfast, Maine, comes with extensive due diligence reports, including a Phase 1 environmental study, a geotechnical report and a wetlands survey

North America
How fast can shrimp run on a treadmill? DOGE goes after commercial fishing research

By

Research to discover how shrimp health is impacted by disease is begin targeted by the US Department of Government Efficiency

North America
Inland Foods loses two execs as Brad Yellock, Quinton Terrio depart

Two sales executives have departed from Tucker, Georgia, USA-based Inland Foods

Final details of Canada-EU free trade deal to boost to lobster, seafood exports
North America
Canada’s provincial premiers head to Washington to talk tariffs

The Team Canada mission will try to convince US lawmakers and labor leaders that the tariffs will be bad for both countries

Analysis
US scallop landings keep shrinking with 7 weeks left in season

By

'The US scallop market appears to face elevated price pressures, especially for U-10 sizes, which are pushing the boundaries of buyer willingness' -- Lorin Castiglione

Prices
Skills: Chile salmon prices to US, Brazil decline in week 5

Prices for Chilean salmon shipped to the US, and Brazil fell week-on-week in week 5, according to the most recent update from data gatherer Skills. 

Feed
Peruvian fishmeal producer Pesquera Diamante bounces back under new leadership

Peruvian fishmeal and fish oil producer Pesquera Diamante has successfully regained financial stability after a challenging 2023, and both it and Copeinca are planning big investments

Analysis
US wholesale: Brazil emerges as key supplier amid historic low fresh tilapia imports

By

The primary driver of this decrease was production disruptions in Central and South America, which impacted key exporters

World
Labor issues persist in India’s shrimp-processing sector, according to new report

By

Labor issues in India's shrimp-peeling sheds remain a big problem, according to a new report from CNN

IUU
US Coast Guard arrests 11, seizes 1,595 lbs of illegally caught red snapper in Gulf of America

The US Coast Guard caught 11 Mexican fishermen off southern Texas, with more than 1,500 pounds of illegally harvested red snapper 

Central America
Major US shrimp importers unite as Captain Fresh’s CenSea buys Ocean Garden

By

India's Captain Fresh confirmed the acquisition of US shrimp importer Ocean Garden Products, completed via its Illinois-based subsidiary CenSea

Prices
Week 7 farm-gate shrimp roundup: Asian prices mixed after holiday period

By

Chinese farm-gate shrimp prices staged a belated pre-holiday recovery after weeks of unseasonal price weakness, but other major producing regions saw mixed trends

Prices
Vietnam guides for lift in pangasius production, exports, aided by US tariffs

By

Vietnam faces increased competition from other producers, but expects to lift its export volumes and value based on its attractive prices, especially in the US

Analysis
Salmon Evolution’s Q4 earnings miss analyst targets, but growth plans keep outlook bullish

By

The largest land-based salmon farmer by volume is targeting 6,000-6,500t of production this year, with 1,100t targeted for the first quarter

Pacific sardine collapse leads to closure of upcoming fishing season
Fishing
Russia more than doubles allowed Pacific sardine catch for 2025

By

Researchers say landings can continue to increase in the coming years without adversely affecting stocks

Mackerel
Nowaco seals exclusivity deal for Irish pelagics

Danish food trader Nowaco has signed an exclusive supply arrangement with Ireland's Ward Fish, granting access to some 25,000t of fish in 2025

Supply
Japan’s major ports see 6% drop in 2024 landings, lowest on record

By

Landings at Japan's major fishing ports fell 6% in 2024 to a record low of 1.69m metric tons due to warming waters and shifting currents

Pelagics
Scottish fleet kicks off Atlanto-Scandian herring season in northern Norway

The Atlanto-Scandian herring season for the Scottish fleet has officially begun, with this year's quota seeing a slight 3% increase

Prices
Taiwan’s squid, tuna distant-water fleet at crossroads, report finds

By

Taiwan's fishing industry is trying to balance the need for economic viability with adherence to international conservation efforts, according to a new report

Products
Defective ‘easy-open’ pull-tabs results in Thai Union US canned tuna recall

Tri-Union Seafoods, owned by Thai Union, has issued a recall on a number of canned tuna products due to a defective pull tab

Europe
Kangamiut appoints former Espersen CEO to lead board amid merger phase

Kangamiut Seafood has announced the appointment of Klaus Nielsen as the new chair of the board of directors, effective Feb. 3

M&A
Gold mine-to-wine conglomerate eyes Cabo Virgenes’ Spain plant after Argentine buyout

By

Aisa Group, which owns a gold mine, energy, and real estate assets in Argentina, has said its acquisition of Cabo Virgenes is only the start of its plans in seafood

Companies
Daily recap: Royal Greenland fires CEO; Trident brings Costa Coffee exec back to seafood

Undercurrent News presents a recap of the top daily seafood stories from Monday, Feb. 10

Prices
US wholesale: Week 7 ‘market pulse’ updates available on key seafood commodities

Feb 10, 2025 04:54pm

Undercurrent News' week 7 'market pulse' updates on US wholesale markets for various key commodities are available on our new platform 

Seafood entrepreneurs
Tilapia, shrimp are losers in Super Bowl commercials, but oysters get a win

By

Seafood may have been the butt of the joke in two Super Bowl commercials, but one oyster harvester was able to benefit from the huge TV spotlight

Processing
Trident brings Costa Coffee exec back to seafood to run European operations

By

Naomi Matthews, who most recently served in a director position at Costa Coffee, is returning to a senior role in the seafood industry

Land-based
Amid fish-farming ban, Washington’s aquaculture industry weighs next move

By

Washington state's aquaculture industry is seeking clarity on why certain types of net pens are being held to different standards than commercial aquaculture operations

Policy
Canadian judge denies bail in lobster extortion case

Three men charged with extortion and and intimidation in Nova Scotia lobster fishery remain in jail as court case proceeds

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