NTS Q4 revenue hits $290m after acquisitions, but margins down
The farming and aquaculture service vessel group reported quarterly earnings of NOK 479m, up 178% year-on-year
2021 was ‘strong year’ for EU bass, bream production with up to 9% growth
2021 looks to have been 'a stronger year' in terms of EU farmed seabass and bream production, with a growth rate expected for the entire year of between 4% and 9%
NSC head resigns after six years
After six years as CEO of the Norwegian Seafood Council, Renate Larsen has made the decision to resign
Vietnam’s tuna export value up 108% in January on greater sales to US, EU
Vietnam's tuna exports saw a strong increase in January, amounting to $88m, up by 108% compared to the same month a year before
Editor’s choice: Russia sanctions would ‘devastate both sides’; PE puts US lobster firm up for sale
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Ecuador diverts Russia-bound shrimp to safer ports
The Ecuadorian shrimp sector plans to divert export containers bound to Russia to other ports until the market can be reached safely
Norway, Scottish salmon prices dip while Chile’s keep rising in week nine
There appears to have been a small price correction in Norway as a result of Russia's invasion of Ukraine, but prices remain historically high as the supply shortage continues
Russian fishing firm warns sanctions ‘would be devastating for both sides’
Business as usual, for now, say sources close to Norebo Holding, Russia's largest quota holder and major exporter of cod, haddock, pollock and pelagic fish
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
NGOs raise concern over rapid growth of Antarctic krill industry
In 2020, vessels caught 450,000t of krill, the highest volume in a decade, leading to fears it could very soon reach and push to increase the 650,000t cap