Whitefish news

NSC data shows eye-watering price paid by EU for frozen cod as UK, China share grows

EU countries paid NOK 96/kg on average for frozen cod exports in week 50 as the bloc's share of the market shrinks with each passing week

free read Week 52 US wholesale price ‘market pulse’ updates available on key seafood commodities

Undercurrent News' week 52, Dec. 23-29, 'market pulse' updates on US wholesale prices for various key commodities are available on our new platform

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Weak domestic demand pushed Brazilian farmed tilapia prices lower

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Turkish seafood exports gain US foothold through trade program

Cod, haddock prices rise on Scotland’s Shetland auction, yet Peterhead trends vary

Scotland’s Peterhead port breaks fish landings record, surpasses last year’s total

UK’s NH Case reports profit recovery despite revenue drop

free read Editor’s choice: Maersk to cancel Alaska service; Canadian snow crab processors, union agree final prices

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

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

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US aquaculture sales grew 38% to $1.57bn in latest census

China tilapia fillets
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US wholesale: Week 51 farmed whitefish prices hold steady amid emerging uncertainties

Sharp drop in Argentina’s red shrimp, squid sales offsets hake export increase

Clean Seas reduces yellowtail harvest guidance again as scale of year-class losses becomes apparent

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

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

Offshore Greenland halibut TAC remains steady for 2025

Greenland halibut

Weaker seafood prices weigh on Italian MARR’s Q3 revenue, margins

Maersk shipping giant confirms Alaska exit in February 2025

Japan’s Ichimasa Kamaboko to expand surimi stick capacity by 20%

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Major Japanese surimi manufacturers announce price hikes on soaring raw material costs

Chinese tilapia raw material, US wholesale prices stable in December ahead of expected tight H1 2025 supply

Vietnamese pangasius farm-gate prices continue to rise, fingerling shortage expected

Turnover at UK’s Andrew Marr drops below £1bn, but profits stay strong

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Murray Cod Australia raises $27m, buys land for expansion

Icelandic cod Gadus line-caught

Icelandic cod, haddock auction prices see sharp correction in last week before Christmas

Trident completes sale of Kodiak operations to Pacific Seafood

Week 51 US wholesale seafood price assessments live

Week 51 US wholesale seafood price assessments live

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Credit: Nejron Photo/Shutterstock.com

US seafood poised for strong holiday demand at retail after November growth

November gains across all categories of seafood reflect steady recovery and growing consumer demand, positioning the industry for a robust yearend, says the latest US retail sales performance review from 210 Analytics

free read Week 51 US wholesale price ‘market pulse’ updates available on key seafood commodities

Undercurrent News' week 51, Dec. 16-22, 'market pulse' updates on US wholesale prices for various key commodities are available on our new platform

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aquaculture

Spanish RAS farmer expands sole business amid huge EU supply deficit

Avramar sale should finalize in Q1, ties with Spanish ops to be maintained

Greek media reports UAE firm will invest €60m to rescue Avramar

prices

US Pacific cod prices buoyed by strong demand as biologists project 2025 fishery limits

free read Recap the 2024 International Coldwater Prawn Forum

European plaice prices slide as common sole surges at Pefa auctions

companies

Nissui’s Nordic invests to diversify Danish fresh firm to frozen after 2023 investment

Russian cod processor loses appeal over $2.4m fine

Maersk to cut services from Alaska’s Dutch Harbor, disrupting US pollock supply chains

people

Espersen makes more layoffs in UK with no end in sight for losses

New England council reduces overall groundfish quota nearly 5%

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

m&a

Former American Seafoods CEO Gustafsson lines up consortium bid for company

Kyokuyo targets 300% growth in US surimi stick production amid global expansion

Nissui CEO targets global growth, innovation ahead of new business plan

retail

US packaged seafood category sees growth in September amid hurricanes, port strikes

free read Editor’s choice: AquaBounty shuts down; Espersen fleshes out plan to mitigate cod supply ‘crisis’

Channel Fish aims to hit 1m lbs in annual skin pack production within year

processing

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

Germany, Spain strengthen as pangasius import markets

New Zealand opens Maori-owned seafood processing factory

fishing

Lackluster Pacific whiting season winds down off US west coast

Alaska pollock groups applaud rejection of trawl ban on Prince William Sound 

Bigger cod, haddock in high demand as prices rise, smaller fish fall in key Scottish auctions