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Undercurrent News - Seafood news from beneath the surface
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Silver Bay in takeover talks for OBI’s Alaska plants
Nov 20, 2024 · More processing consolidation is being mooted in Alaska, with acquisitive industry giant Silver Bay in talks to take control of OBI's 10 plants and buying stations in the US state
Icelandic land-based salmon farm orders €20m next module from …
Jan 15, 2025 · AKVA said the contract was subject to Laxey ‘obtaining the necessary financing,’ suggesting it has scheduled its planned fund-raising for March 2025
Canada’s food producers meet in Ottawa to confront US tariff threat
Jan 13, 2025 · A Canadian flag is propped up in front of lobster traps in Prince Edward Island. Lobster is Canada's most valuable seafood export to the US at CAD1.5 bn, followed by farmed Atlantic salmon at more ...
Kodiak fleet forces higher prices for shrinking Tanner crab stocks
Jan 15, 2025 · Kodiak harvesters in the US state of Alaska's crab fishery have banded together to force processors to compete with each other over the rapidly diminishing Tanner crab stocks, Undercurrent News ...
Nordic Aquafarms abandons Maine salmon project after series of …
Jan 18, 2025 · Norway-based land-based aquaculture company Nordic Aquafarms has abandoned its long-planned US East Coast salmon farming project in Belfast, Maine, following years of legal challenges and ...
Tuna transshipments plunge in Marshall Islands
Jan 14, 2025 · Majuro, a key hub for tuna transshipment in the Pacific, recorded its lowest transshipment numbers in over a decade in 2024
US wholesale: Initial release of November Ecuador shrimp exports ...
Jan 3, 2025 · Initial estimates show Ecuador exported 118,000t of shrimp in November 2024. This would be 37% more volume than in October 2024 and nearly 21% more year-on-year, based on preliminary data
Kodiak Tanner crab deal goes through with processor paying …
Jan 22, 2025 · A cooperative of Kodiak harvesters in the US state of Alaska's Tanner crab fishery have made good on their promise to deliver the majority of their catch to the processor paying the highest price ...
Russia agrees $280m new vessel subsidy plan - Undercurrent News
Jan 21, 2025 · The move comes after the government in 2024 decided to accept the WTO Agreement on Fisheries Subsidies despite objections by domestic industrial lobbying groups