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Landings of blue whiting in Norway pick up, herring continue
Week five saw deliveries of blue whiting to Norwegian ports pick up after a slow start, while spring-spawning herring fishing continues
Norway mackerel export prices see sharp upturn, herring slide
Mackerel prices had been sliding, but January's export value was up 93% y-o-y; herring export volumes were down 10% for January, but value was up 3%
Rising EU demand pushes Norwegian fresh salmon prices, sales up in week 5
In week five, the Norwegian fresh salmon market experienced a rebound, driven by increased demand from the EU, with both sales and average prices seeing a rise
Minh Phu’s Q4 losses widen to $4m as shrimp farms strain profitability
Vietnamese shrimp firm Minh Phu Seafood reported a loss of over VND 100 billion for Q4 2024, nearly a VND 90bn increase compared to the same period last year
Nissui set to hit record $580m revenue, driven by weaker yen, strong European sales
The Japanese seafood giant has raised its full-year revenue forecast to a record $580m for the fiscal year ending March 2025, citing a weaker yen and strong performance in Europe
Portuguese body accuses Norway of anti-competitive use of Russian cod
The Cod Industries Association, AIB, has accused Norway of creating artificial inflation in EU cod prices through duty-free imports of Russian cod
Former Mowi salmon health expert joins Skretting
Gordon Ritchie has joined Skretting as global product manager for salmon health
Aquascot, Flatfish partner on ready-to-cook range for UK’s Waitrose
Scottish salmon and trout supplier Aquascot has partnered with Flatfish to support the launch of Waitrose's new 'Simply Bake & Serve' range
China shrimp market prices rebound as farmers cut stocking rates
A spokesperson for Tongwei Group, the nation's second-largest aquaculture feed producer, told Undercurrent that more favorable market conditions could persist until the Qingming Festival in April
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