Cooke invests $40m in value-added expansions for Canadian salmon, Spanish bass
Around $35m has been invested in the plant in Canada, with the expansion in Spain likely to cost around $5m, executives with the company told Undercurrent News
Trident adds more CPG big hitters to lead marketing, R&D
One new hire comes from Simplot, the other from KFC after a long spell at Hershey, where Trident's chief commercial officer worked
Russian seafood ban will hit US industry hard, SENA speakers say
The US Food and Drug Administration and US Customs are already tracing shipping worldwide in search of illegal activity as seafood producers reroute Russian traffic
NFI: Russian fish processed in China shouldn’t be subject to import ban
US seafood companies should still be able to import Russian fish processed in China after ban goes into place, according to a note from NFI seen by Undercurrent News
Greenland Seafood launches new range of fish burgers
The range includes burgers of Alaska pollock, cod provencale and salmon with green vegetables
Editor’s choice: Fallout as UK retailers, US president say no to Russian seafood
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Expect shrimp prices to decline due to coming glut, Sedacca says
Much of the shrimp that will help drive down prices is literally out to sea, on cargo ships, ordered when demand was high and shipping uncertain
With Sedacca at the helm, Sterling Caviar plans series of US aquaculture acquisitions
Sterling Caviar is looking at a series of acquisitions and is exploring the purchase of US striped bass, tilapia, black bass and catfish farmers, among other possibilities
Trident ‘reads’ US executive order as stopping Russian fish processed in China
Does Joe Biden's executive order banning Russian seafood cover double-frozen fillets from China? 'That's the way we are reading it,' Trident CEO Joe Bundrant told Undercurrent News
Galletti: Seafood firms need to embrace plant, cell-based protein products
Sam Galletti, president of US importer and processor Southwind Foods, sees only downsides from the seafood sector ignoring the demand for plant and cell-based alternatives