Espersen makes ‘contingency plans’ for possible Russian sanctions over Ukraine
One of the largest seafood processors in Europe is planning for a worst-case scenario for the sector stemming from a Russian invasion of Ukraine
25 NGOs call on Kerry to realign US against IUU fishing
According to US navy secretary Carlos Del Toro, illegal, unregulated and unreported fishing has replaced piracy as the global maritime security threat
Sky-high Chinese tilapia prices to rise further before falling back in summer
The CEO of California-based Lotus Seafood told Undercurrent that Chinese tilapia processors are quoting prices 3-5% higher for post-Chinese New Year departures
Bill reintroduced by oceans panel chair Huffman to protect wild US salmon
HR 6491, the Salmon FISH Act, has just four cosponsors so far
Delayed RAS salmon farmer confronts contractor lawsuit, ballooning costs
Emergent Holdings, the parent firm behind Whole Oceans in Maine, faces a lawsuit filed by the owners of Pranger Enterprises, a contractor well known in the RAS space
Norwegian fresh salmon export value keeps on rising, volume stable in week three
The average export value of fresh Norwegian salmon during the third week of the year was NOK 72.91 (€7.27/ $8.21) per kilogram, a new record high since early 2020
Trade insights: China’s shrimp imports recover by 12% in 2021
China imported 611,000t of frozen warmwater shrimp in 2021, according to Chinese customs data; Ecuador supplied 62%
2021 seafood M&A passes $6.5bn after explosion of outside investment
A remarkable 43% of all buyouts, mergers, investments and capital raises in the seafood sector were led by investment funds and private equity during 2021
Argentina’s hake sales hit record volume, value in November
Argentina's fisheries saw hake exports rising to 14,564t worth $34.8m in November, new record highs as data from the country's ministry of agriculture, livestock and fisheries show
Pangasius prices to China, EU lift strongly in December
Export prices to the US market remained steady for the final month of 2021, but they rose on the Chinese, European, and Mexican markets