Russia-Ukraine fallout: Japan panel advises law change to revoke Russian MFN trading status
Keep clicking back to this blog for updates on how the evolving crisis is impacting the seafood sector
Vietnam pangasius exports to China dive in January
The country's exports were down for the first time in four months, mainly thanks to the fact that sales to China fell by more than 50%
Bakkafrost shares drop 9% on Q4’s salmon deaths
But Fearnley Securities believes the market has overreacted and has upgraded Bakkafrost to a 'buy', adding that the Russian market should remain solid for the Faroese firm
EU prepares sanctions on Russia after invasion of Ukraine begins
EU president von der Leyen will outline a sanctions package being finalized by the European Commission, and which the Council will swiftly adopt, on Feb. 24
Russian salmon catches forecast to reach 264,000t in 2022
The year-on-year drop of 51% would be fairly normal, with Russia's odd-year fisheries often double the landings seen in an even year
Russian frozen fish prices mixed again in week seven
Spot prices for Pacific cod caught in the Far East firmed up while the in the country's northwest, cod, salmon and herring prices moved down
Editor’s choice: SalMar outbids Mowi for NTS; Beaver Street seeks investor
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Russian frozen fish rail transports double in 2022
In January 2022, the total volume of frozen seafood sent by rail freight from Russia's Far East reached 58,500t, according to railway giant RZD
Watch: Siam Canadian’s Gulkin talks shrimp outlook
Undercurrent News spoke with Jim Gulkin, CEO of Siam Canadian Group, on the outlook for the shrimp sector in 2022
US senators’ proposed ban on Russian seafood would hit crab sector hardest
'This is a perfect addition to a package meant to show Russia that undermining and disrupting global norms will not go unpunished' -- senator Lisa Murkowski