Russia news

Russian crab giant continues fleet renewal amid Asia pivot

One of Russia's largest crab fishing companies in western Russia is reporting strong growth in Asian markets and continues to modernize its fleet, despite Western sanctions

Russian H&G pollock price fall continues ahead of early Chinese New Year

Prices for frozen H&G Russian pollock in the 25cm-plus size fell sharply in week 51, following the typical seasonal pattern

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Former American Seafoods investor Coastal Villages involved in Gustafsson’s bid for pollock giant

Coated fish products from Three Oceans Fish Company. Credit: Three Oceans' website

Nissui financial muscle allows UK’s Three Oceans to up stock levels amid whitefish uncertainty

Fishing quota talks for Kuril Islands stalled again amid Japan-Russia tensions

Russian cod processor loses appeal over $2.4m fine

Russian fishmeal exports lift 9% in 2024

Russia formalizes Northern crab, Atlantic cod, haddock quota distribution for 2025

Norwegian H&G cod, haddock prices push deeper into new territory ahead of Christmas

Russian fleet on course for highest Pacific sardine catch in three decades

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Japan likely to maintain current pollock surimi import quota levels despite record Russian shipments

New Espersen CEO fleshes out plan to mitigate 2025 Atlantic cod price, supply ‘crisis’

Canned Russian crab

Russian canned seafood products begin digital ‘honest labels’ scheme

Russian Crab Company takes direct route to Chinese consumers

US wholesale: Competitive pressures, logistical hurdles, seasonal dynamics underscore Chilean salmon market

Fresh salmon fillet on ice. Credit: Ostancov Vladislav/Shutterstock.com

Norwegian, Russian H&G haddock prices rise with cod stable

Russian firm finally snaps up crab quotas at auction

Council approves 6% TAC increase for US Bering Sea pollock, 5% drop in Gulf of Alaska

Russian Pacific salmon landings finish 2024 well below forecasts

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Russian pollock industry calls for another 30% cut to West Bering Sea TAC

Russia gets lower Faroese mackerel, herring quotas in 2025

Credit: Dalian Haiqing Food Co. company video

Norwegian, Russian H&G cod, haddock prices stable at record levels

ASMI meeting: Recap all the news out of Alaska

Saint Basil's cathedral in Moscow. Credit: Reidl/Shutterstock.com

Russian officials say exporters can benefit from ruble’s crash

Russia cuts cod quotas for both Atlantic, Pacific fisheries in 2025

Japan-Russia fishing talks fail to agree on 2025 quotas

Russian H&G pollock prices tumble while sellers anticipate increase in PBO fillets  

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Russia likely to lower pollock TAC to 2.39m metric tons, keep Bering Sea at 2024 level

Russia is likely to revise its 2025 pollock quota down to 2.39m metric tons, reflecting scientific recommendations from the recent Far Eastern Scientific and Fisheries Council meeting

China whitefish buyers worry with H&G cod, haddock prices stable at record levels

In week 46, Undercurrent News has kept its price assessments for frozen, trawl-caught H&G from Russia and Norway stable at record levels amid growing market panic

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aquaculture

Russian gov’t backs new $85m aqua-feed plant

NOAA details plans to include ‘country of harvest’ in SIMP expansion

High Liner hopes to launch Norwegian farmed cod before year-end as wild volumes drop, prices rocket

prices

Russian pollock producers ink A season 2025 surimi deals with China at higher prices 

Japan’s salmon roe prices soar to record highs amid global supply shortages

Prices keep rising on Norwegian, Russian H&G Atlantic cod, haddock

companies

Bumper whitefish prices see Kangamiut Group’s profit rocket, turnover pass $700m

Survival of Alaska’s ranked choice voting good news for seafood champion Murkowski

Former American Seafoods CEO Gustafsson lines up consortium bid for company

people

Longtime Greenland Seafood operations head follows former top exec out-of-door

Peltola defeat, Golden win among 11 US election results that matter to seafood

Russian Crab Company appoints new CEO

m&a

American Seafoods sale on ice until pollock markets rebound

Norebo launches $41m investment in Murmansk port upgrades

Russia announces latest crab quota auction, this time for Barents Sea

retail

Tesco to cut Russian fish from frozen supply chain as cod price pressure increases

Surging Atlantic cod prices prompt China to seek alternatives

Snow crab wholesale prices rise weekly as US imports slow to trickle

processing

Russian Fishery CEO more bullish on H&G pollock price outlook with fillet output down

H&G Russian pollock prices stable for Chinese processors, for now

Russian courts turn away more appeals in crab asset seizure cases

fishing

Russia to target more fishing volumes from African waters

More auction records smashed by Norwegian whitefish as price spiral goes on

Russian Pacific salmon catches ‘worst in 20 years’