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Nissui hits record revenue of $5.5bn on processed food expansion

The Japanese seafood giant reported the strongest financial performance in its history for the fiscal year of 2023, of JPY 831bn in revenue and JPY 29.6bn in operating income

Global fishmeal output down 27% before Peru’s good anchovy fishing

IFFO reports that fishmeal production from January to March 2024 dropped by about 27% worldwide

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Report: US seafood sales down 2.8%

US West Coast coho salmon stock restored to healthy levels, NOAA reports

Trade insights: Ecuador’s shrimp exports fall in Q1 on China weakness

Russian pollock surimi price dives 20%, torturing Asian producers

Loss of Canadian operations would be ‘big blow’ to Cermaq’s global business, warns sustainability director

free read Recap UCN’s SEG Barcelona 2024 coverage

Russia eyes increased seafood exports to new markets

Norwegian, global salmon supply growth turns positive after two years of negatives

Vietnamese pangasius exports stable for first quarter of 2024, prices up in March

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Norway’s DNV assumes full ownership of UK-based Ocean Ecology

Barcelona 2024: Smaller sizes, low coho prices pressure Chilean salmon in US; JP Klausen to process Kiwi H&G in Peru for Europe

Conservation group Oceana names James Simon as new CEO

Canadian salmon tech firm speeds up global plans due to BC license doubts

free read Recap UCN’s IFFO Miami coverage

IFFO Miami: Initial Peruvian landings, yields offer fish oil price relief

free read New EUMOFA pollock fillet, Indian shrimp prices data on Undercurrent portal

Skretting CEO Bergjord to step down in summer

FAO: Fisheries, aquaculture production hit new global record in 2022

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In charts: Decades-long fall in sales at world’s largest seafood wholesale market

EJF: Korea makes progress on protecting migrant crew, but more needed

Global tuna stocks show slight sustainability improvement, says ISSF

doog tuna china processing factory chinese

Major customer exodus at Chinese tuna giant after Dolphin Safe label loss, EJF report

Consumers can be won over for fish farming, study suggests

Trade insights: Ecuador shrimp exports continue decline in February

Aquaculture Stewardship Council gears up to unveil unified global farm standard

Nissui targets 50% increase in European sales to $1.6bn by 2030

Popular stories

Nissui looks to Africa expansion via investment in French PE funds

Through Nissui Europe, the Tokyo-based group has invested in two different PE funds managed by Amethis, a French firm specializing in Africa and Europe

Alarm bells ring as research unveils spike in global farmed fish losses

Salmon farms worldwide are grappling with a surge in mass die-offs with incidents becoming more frequent since 2011, according to a study led by the University of Victoria in Canada

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aquaculture

Norwegian seafood federation urges gov’t to postpone resource tax, rethink model

Cermaq to cull 900,000 salmon at Norway farm

Marubeni’s domestic trader ready to forge an export path, promote land-based salmon

prices

Global shrimp prices to go on declining in H1 2023, depend on China market recovery

Wheat, soy prices will drop further still in 2024, says Rabobank expert

Trade insights: Ecuador shrimp exports start 2024 down due to lower shipments to China

companies

US swimming crab import pioneer Steve Phillips ready to shake up Canadian shellfish game

Norway salmon the ‘lucky winner’ as poke bowls go global

Report: Tuna caught by Chinese vessels that netted penguins, whales linked to Bumble Bee

people

Cargill promotes 31-year veteran of firm to CEO

Long-time finfish RAS industry pillars prepare to launch ‘Farm in a Box’

US’ biggest shrimp breeder slams sale of genotyping tool to farmers as invitation to steal

m&a

Merck to acquire Elanco’s aquaculture business for $1.3bn

Bass, bream giant Kilic signs deal for Agromey

Single-cell protein ready to shape aquaculture after half century of research

retail

Shrimp sales decline as lower-priced crab takes spotlight in US supermarkets

free read Bremen 2024: Recap UCN’s coverage from Fish International

Fish International 2024: Norway ‘skrei’ season launches with higher prices

processing

Asian shrimp industry poised to lose more market share with automation, say experts

Watch: Ecuador’s Gabriel Luna gives insight on shrimp stats, forecast for 2024

US trade commission rejects tariffs on tin from Canada, China, Germany

fishing

World’s largest distant water fishing fleet caught 2.25m metric tons in 2022

WTO talks on fisheries subsidies fall through without consensus

WTO close on fisheries subsidies agreement as ministerial kicks off