Latest news
Spain leads Falklands squid stock assessment after 2024 season suspension
Spain has sent a scientific expedition to assess squid stocks in the Falkland Islands, following the suspension of the region's second fishing season last year
Fishing body backs new EU commissioner’s pledge amid sector crisis
Europeche welcomes Commissioner Kadis' commitment to supporting the EU fishing sector, as representatives warn that the European fleet is at a crossroads
Norway male king crab prices decline, but stronger sales volumes offer relief
In week five, Norwegian ex-vessel prices for male king crabs continued their downward trend; however, the industry saw volumes surge, offering some relief despite the price declines
Spanish firm, Japanese tuna fleet partner to launch Canary Islands base for European incursion
The construction of a -60°C cold storage facility comes as part of an effort by Japan's fleet to push more top-end tuna into Europe, with prices in existing markets worryingly low
US tariffs on EU would hit $1.4bn in seafood imports
Salmon, octopus, fresh bass and bream and cod fillets -- four seafood categories the European seafood industry is fretting about as US president Donald Trump flirts with levying more tariffs
Among seafood’s 150 largest firms, salmon farmers edge out Japanese giants
Undercurrent News' newly released 'Seafood Titans 150: The Sector's Largest Firms, First Edition' reveals significant shifts in the industry
Koral to be included in Captain Fresh, Sekkingstad salmon JV, with ‘more to come’
Captain Fresh's Polish salmon smoking plant will be included in the formal JV between the Indian firm and the owner of Norway's Sekkingstad with "more to come,' said the JV's CEO
Daily recap: Russian H&G, pollock fillet prices out of kilter; Chile salmon upbeat about year ahead
Undercurrent News presents a recap of the top daily seafood stories from Thursday, Feb. 6
Late surge of US shrimp imports in 2024 not enough to make up for earlier deficit
'The industry entered the year in an oversupply situation, further pressured by uncertainty regarding antidumping and countervailing duties' -- Gary Morrison, head of growth and strategy for UCN's price reporting agency
Fishing groups laud Trump’s choice for NOAA administrator, Neil Jacobs
US fishing groups are praising US president Donald Trump's choice to lead the National Oceanic and Atmospheric Administration
US shrimp sector leverages Trump’s ‘America First’ agenda to hurt import rivals
Southern Shrimp Alliance requests an end to taxpayer funding backing shrimp aquaculture outside the US
US wholesale: Risk of tariffs pushes warm-water lobster tails higher
The remaining uncertainty over the paused Canadian tariffs led warm-water lobster tails higher in response to the news and headline risk
US wholesale: Crab prices jump even in the face of elevated levels
Limited inventory positions drive Norwegian-origin red king crab and snow crab prices higher, significantly in the case of the former
Pearl doubles down on ambitious US shrimp farming plans after regaining AMI’s helm
'This is a complete paradigm shift in how we approach shrimp farming, and that excites me' -- Robin Pearl, CEO of American Mariculture Inc
Louisiana faces oyster recall amid NFL Super Bowl-linked restoration efforts
Oysters in the US state of Louisiana are being recalled just days before the Kansas City Chiefs and Philadelphia Eagles go head-to-head in Super Bowl LIX in the city of New Orleans
US pollock regulators take hard look at capping salmon bycatch in Bering Sea
'We need to craft our approach to specifically addressing minimizing Western Alaska chum salmon, taking into account those times and areas of when they occur' -- Trent Hartill, American Seafoods
US wholesale: Big waves, oil spill dampen Peru’s resurgent scallop supply
A tsunami-like event that hit Peru's northern coastline in late December, affecting Lobitos, Mancora and Cabo Blanco, may jeopardize the country's recently renewed scallop export surge
Pacific Seafood hires Cathy DuPuis to handle sales from Kodiak plant bought from Trident
American Seafoods veteran Cathy DuPuis has been hired by Pacific Seafood as a sales and category manager for the company's recently acquired Kodiak, Alaska, facility
Captain Fresh CEO says India’s new budget can boost export values
India's recently announced sustainability framework for its fishery industry could be a 'game changer' for the country's seafood sector, feels Utham Gowda
Americold to invest $75m to build cold storage facility at Canadian port
The facility will primarily serve to connect central and eastern Canada and Europe, South America and the Asia-Pacific region
Texas retailer VP Jason Driskill named chair of Seafood Nutrition Partnership board
Driskill and new vice chair Gustavo Lara will lead efforts to expand consumer outreach and industry collaboration on seafood and nutrition issues, says the nonprofit
Peru bonito tuna exports hit record high with sales to Ivory Coast, Spain leading the charge
Peru’s bonito tuna industry reached a major milestone in 2024, with exports soaring to a record high in the first 10 months of the year, fueled by robust demand from Spain and the Ivory Coast
Chilean farmers cautiously optimistic on 2025 salmon outlook following ‘stagnant’ year
A rebound in salmon prices across significant markets suggests a brighter year ahead for the Chilean industry. However, regulatory uncertainty remains a significant challenge
Current Russian H&G pollock pricing out of kilter with single-frozen fillet levels
'In all my years of dealing with pollock, I have to yet to understand the correlation between H&G and double-frozen prices,' said Russian seller
Farmed cod hits highest ever share of Norway’s fresh exports as wild-caught supply tumbles
According to the NSC, skrei export volumes were down 30%, wild-caught fresh cod down 19%, and frozen cod down 52% as supplies slumped in January
Researchers claim tuna packaging breakthrough reduces mercury
Researchers at Chalmers University of Technology in Sweden developed a tuna packaging method that reduces mercury levels by up to 35%
Waitrose’s Scottish salmon supplier Aquascot posts £644,000 loss
The employee-owned company saw sales volume decrease by 12.8% compared to the previous year, though turnover increased 9.6% to £68.7m
Big jump in salmon exports to US headlines Norway’s impressive start to year
The US was the largest single market for Norway in January, as the country sold more fish and shellfish there than any other month on record
Russian landings of Pacific herring strengthen y-o-y in January
The Russian Far East's catches of Pacific herring increased year-on-year in January despite difficult weather conditions, according to Rosrybolovstvo
Norway’s salmon producers want UK price-inflation case thrown out
The UK lawsuits, filed by various retailers, are based on an ongoing European Commission probe; but EU infringement decisions are not something a UK tribunal can rule on, lawyers argued