Latest news
Eastern Fish’s Bloom sees value in retail, sushi for Storm Seafood’s salmon
The Teaneck, New Jersey-based company confirmed recently that it was taking over sales and marketing in the US for Storm Seafood's Norwegian-origin Atlantic salmon
Peru’s fleet to compete with Asian fleet on high seas amid giant squid shortage in EEZ
150 Peruvian artisanal squid-fishing boats have been formally registered with the South Pacific Regional Fisheries Management Organization, granting them legal access to fish in international waters beyond 200 nautical miles
China, UK bought lion’s share of Norway’s frozen cod in week before Christmas
The latest data from the NSC shows that China has accounted for nearly a third of all frozen cod exports from Norway this year, with the UK also growing its share to 25%
Sitagri index: Norway salmon spot prices inch up for larger sizes in week 51
Spot prices for Norwegian farmed salmon inched up in week 51 of 2024, according to the Sitagri Salmon Index
Large Indonesia shrimp prices dip, smaller sizes hold steady in week 52
Indonesian vannamei shrimp prices showed a mixed performance as week 52 began, with larger shrimp sizes experiencing a dip while smaller sizes remained largely stable
Drop in Norway fresh salmon sales as Western markets are well-stocked for Christmas
Sales of fresh salmon from Norway have taken a hit as Western markets enter the holiday season with ample stockpiles
Proximar’s land-based salmon facility in Japan suffers second filter breach
The incident, which occurred on Dec. 24, affects approximately 620t of biomass in the facility's B module; no fish mortality has been reported
Russian exports to China have disappointed in 2024
Russian seafood exporters to China have reported soft numbers despite expectations of an increase in 2024 in both volume and value terms
EU whitefish sector ‘not in crisis’ but cod shortage poses serious challenge for 2025
While there may be an opportunity for farmed products to fill the gap, rising cod prices are likely to hit EU consumption hard next year, according to processing body AIPCE-CEP
Parts of missing fishing vessel found near Manta, Ecuador
Ecuador's Navy has located debris from the Patricia Lynn, a fishing vessel that vanished with 21 crew members on Dec. 22
Madagascar port expansion threatens coral reefs, NGO steps in with rescue effort
Madagascar's largest port expansion project will destroy 25 hectares of coral reefs containing 15 different species, environmental assessments show
Vietnam’s seafood exports hit $10bn
Vietnam’s seafood exports achieved a record $10 billion in 2024, a 13% increase from the previous year
Daily recap: Captain Fresh closes Koral deal; Indian shrimp prices rebound
Undercurrent News presents a recap of the top daily seafood stories from Tuesday, Dec. 24
US wholesale: SE Asia crab meat market firming quickly
US wholesale trade is firming amid lower import expectations
Modern challenges prompt revision of NOAA’s aquaculture plan after 40 years
The US' revised National Aquaculture Development Plan lays a roadmap for fully integrating aquaculture into the nation's seafood supply chains
Argentina enforces precautionary measures for hake, crab; Limits shrimp bycatch in new fishing plan
In its final session of the year, Argentina's federal fisheries council has approved a set of precautionary measures aimed at ensuring the long-term sustainability of the country's fisheries
Week 52 US wholesale seafood price assessments live
UCN's week 52 price assessments for US wholesale prices for various key commodities are available on our new platform
Japan’s Hokkaido chum season ends with record-low catch at 46,000t
The 2024 Japanese fall chum salmon fishing season has concluded in major districts in Hokkaido, with a record-low catch of 46,000t, marking one of the most challenging years
USDA recalls Vietnam catfish products not eligible for export to the US
Approximately 1,635 pounds of catfish products imported from Vietnam and shipped to retail stores in the US states of Arizona, California and Iowa are a part of the recall
Nova Scotia opposes DFO’s proposal on eel quota for Atlantic Canada
The Nova Scotia government said adding up to 150 new participants in the eel fishery would make it harder to monitor illegal activities
Louisiana crawfish farmers report high prices, early sales as season starts
The live shellfish, also known by their local nickname, mudbugs, are selling for as much as $8.99 per pound
Jeff Bolton named president of $500m PE-backed shellfish platform after Atlantic Capes deal closes
US PE Acon has named industry veteran Jeff Bolton president of its shellfish platform, having closed the long-awaited deal for the processing and sales divisions of Atlantic Capes
High mortality rates to hit Japan’s Mutsu Bay scallop production recovery
Mutsu Bay, Japan's second-largest scallop-producing region, is grappling with high mortality rates among juvenile scallops, jeopardizing hopes for a production recovery next season
DFO confirms 37 people charged with elver poaching in 2024
Officers arrested 169 people this year and seized 396.3 kilograms of elvers, Canada's Department of Fisheries and Oceans reported
Southern Oregon dungy crab fishery to remain shut for now
The Pacific Coast crab fleet remains months behind schedule, with managers pushing back most of the commercial harvest into 2025
Mowi reports salmon escape at northern Norway site, full scale unclear
Mowi has reported a fish escape incident at its Kviteberg site in Troms county, which occurred over the weekend of Dec. 21-22.
European plaice prices continue decline, common sole follows suit at Pefa auctions
European plaice prices have continued to decline in recent weeks at Pefa auctions, a trend now affecting common sole, which is following suit
Week 52 farm-gate shrimp roundup: Indian prices rebound, though supply concerns persist
Indian shrimp prices have rebounded at the start of week 52, while other major producing regions showed a range of movements in the final week of the year
In pictures: Christmas rush at London’s Billingsgate fish market amid uncertain future
Billingsgate Market, the UK's largest wholesale market for seafood, was a hub of activity on Monday as buyers flocked to secure fresh and frozen seafood ahead of Christmas
EU police forces break contaminated shellfish smuggling ring
Roughly 30t of mollusks and 6t of glass eels illegally fished in polluted waters have been seized by law enforcement authorities in Portugal, France, and Spain