Latest news
Newfoundland panel picks snow crab harvesters’ price
The first snow crab from the species' largest fishery will soon land on the processing lines in factories in the Canadian province of Newfoundland and Labrador and it'll come with the price tag that harvesters picked
Peruvian fishmeal producer signs deal to acquire rival
This acquisition marks a significant move for Exalmar as it continues to grow its position within the Peruvian fishing and seafood processing industry
Tariffs deal big disadvantage to seafood in proteins’ battle for US consumer dollars
Trump's global tariffs have an unequal impact on seafood, disadvantaging it against other proteins, such as chicken, pork and turkey
Chinese squid fishing vessels near Peru again as local prices fall
A new law mandates foreign vessels in Peruvian waters install the SISESAT tracking equipment, but none have done so, according to Calamasur. Instead, several ships have opted to dock in Chile
US wholesale: Live lobster prices unchanged with low supply, tails lower on inventory clearing
Appetite for holding frozen lobster is waning, and cash seems more valuable with the new season approaching
ASMI board member faces felonies over Kodiak salmon permit swapping scheme
Duncan Fields has been an Alaska commercial fisherman since the 1960s. He's also a former North Pacific Fishery Management Council member and sits on the state's seafood marketing board
US wholesale: Buyer demand for limited inventory accelerates gains in the red king crab market
Competition for available offerings combined with tariff premiums drives bidding higher for crab
US domestic shrimp industry continues to back Trump tariffs, even at lower rate
The US domestic shrimp industry continues to stand by Trump, even after he lowered tariffs on its biggest international competitors
Lienholder asks US authorities to seize freezer barge ahead of Alaska salmon season
A welding firm has invoked maritime law enabling lienholders to "arrest" Northline Seafoods' vessel berthed in the Bellingham Shipping Terminal so it can be sold to settle a debt
Fire damages Massachusetts pier, vessel
The town of Wellfleet, Massachusetts, had no insurance on the wooden pier, which had already been in rough shape
US shrimp processor faces permit suspension over foul odor
Louisiana-based Gulf Island Shrimp & Seafood, a subsidiary of Big Easy Foods, could potentially have its permit suspended
Vessel collision suspected in disappearance of Chilean fishing crew
The vessel Bruma, which departed from Constitucion, in southern Chile, on March 30, was later found partially submerged, with no sign of the crew or its emergency raft
Newfoundland fisheries minister plans legislative change following crab ruling
'Ministerial authority will be amended to the point where I can use that good judgment, which I've already displayed' -- Gerry Byrne, Newfoundland fisheries minister
Vendors in New York’s famed Fulton Fish Market ticketed for multiple undersized fish violations
The Fulton Fish Market, in the Bronx, New York, is one of the oldest and largest seafood wholesalers in the nation
Canada’s aquaculture stagnation prompts call for marine biotech strategy
The plan, released Wednesday, envisions transforming marine resources into food, feed, cosmetics, pharmaceuticals, biofuels and other sustainable products
Recap day 2 from Blue Food Innovation Summit
The Undercurrent News team reported from the Blue Food Innovation Summit, held April 8 and 9 in London, the UK
US wholesale: Salmon markets face new crosscurrents amid shifting tariff landscape
For now, Canadian product remains a tariff-safe option in a market full of geopolitical noise. Still, uncertainty around long-term policy direction continues to cloud the sourcing outlook for US buyers
NOAA layoffs disrupt hatchery oversight, could impact future salmon harvests in Washington
The release of millions of hatchery-raised Chinook salmon in Washington is on hold after a key NOAA staff member was terminated under recent federal workforce cuts, The New York Times reported
US startup launches AI tool that automates crab measurement, sorting
SeafoodAI's flagship product, CrabScan360, uses AI-driven biometric scanning to automate crab measurement and sorting, replacing manual methods prone to error
China 84% tariffs on US won’t hit Alaskan salmon, whitefish raw material for re-export
According to data from Undercurrent's trade portal, China imported over $1bn worth of seafood from the US in 2024, a large share of which was processed and re-exported
Watch: Ecuador’s Gabriel Luna breaks down shrimp exports, weighs impact of US tariffs
Gabriel Luna, owner of GLuna Shrimp, offered key insights into Ecuador's shrimp sector, highlighting early 2025 export trends and addressing recent challenges, including new US tariffs
Icelandic roe capelin prices hit record high on tiny supply
'This is an unprecedented pricing structure, entirely different from historical norms' -- Tokyo-based seafood buyer
Tuna prices hold firm in Bangkok amid US tariff flip-flop
However, since the announcement of new tariffs on April 2, there has been a lack of liquidity in the market
Scottish pelagic fishermen criticize mackerel downgrade in sustainability guide
The Scottish Pelagic Fishermen's Association described the move by the Marine Conservation Society to downgrade northeast Atlantic mackerel in its latest seafood sustainability ratings 'headline grabbing'
Russia gives investment quota scheme users more time to build new vessels
Russia has again altered the terms of its investment quota scheme to make them more forgiving for companies involved
Thai shrimp farm-gate prices dive in week of US tariff chaos
Farmgate prices out of Thailand for 60-count shrimp slipped by $0.20/kg in the week that US president Donald Trump announced a tariff of 36% on Thai import
Hilton’s seafood division makes ‘significant progress’ in strong year
'The performance of our seafood business has improved and was a significant contributor to the improved profitability of the UK and Ireland' -- Hilton Food Group
Aquaculture companies flock to Iceland’s geothermal seafood production hub
An aquaculture park in Iceland is attracting more seafood producers drawn by its geothermal resources to cultivate warmwater fish species, company officials said
Daily recap: White House flip-flops on Canada, Mexico tariffs; Recap the UK Blue Food Summit
Undercurrent News presents a recap of the top daily seafood stories from Wednesday, April 9
Chinese tilapia raw material prices plunge as US takes tariff to 150%
The new 125% US tariff on China puts tilapia at 150%, as the fish had 25% in place from Trump's first term as US president - US wholesale prices on the rise