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Analysis March 11, 2022 11:41 PM
Alaska senator believes Biden order will stop Russian seafood processed in China

By Jason Huffman

'So if it goes to China for processing, which a lot of it does, that is still subject to these tariffs and this blockade' -- Alaska senator Dan Sullivan

Vessels March 11, 2022 5:34 PM
Boat-based researchers spot 21 right whales off Massachusetts coast

There has been very little boat-based right whale research in southern New England, and none in the winter months until now

Prices March 11, 2022 5:21 PM
Russian frozen fish prices keep rising, ruble keeps declining

Russian frozen fish spot prices increased across all Russia's regions in week 10, against a backdrop of continued economic crisis

Products March 11, 2022 4:06 PM
Clearwater’s resource access is ‘nice’ inflation hedge for Premium

By Jason Smith

'As a harvester, they benefit from inflation because their harvesting costs tend to be relatively fixed. So that gives us a nice hedge as well with regards to runaway inflation' -- George Paleologue

US China trade spat hit seafood March 11, 2022 4:00 PM
Biden to ban import of Russian seafood, seek to strip ‘most favored nation’ status

By Jason Huffman

US president Joe Biden announced Friday that he will ban the import of Russian seafood while simultaneously pursuing removal of Russia's 'most favored nation' status

Prices March 11, 2022 3:23 PM
Norway salmon prices tumble, while Chilean, Scottish fairly stable

By Neil Ramsden

Market turmoil is causing Norwegian salmon prices to fall; for the time being, Chilean and Scottish do not seem to be succumbing to the pressure

North America March 11, 2022 2:17 PM
Daley’s PE owner eyes more shellfish M&A, taps RBC to run sale process

By Tom Seaman

The US PE backer of Canadian shellfish processor Daley is looking at more add-on acquisitions but also planning to run a sale process for the company later in the year

Europe March 11, 2022 12:08 PM
Norway’s blue whiting, capelin seasons go on after weak February for herring exports

By Neil Ramsden

Bad weather and the purse seine fleet's focus on capelin fishing in Iceland were important reasons for lower herring volumes last month

Trade March 11, 2022 10:15 AM
Seafood trading site appoints former Grobest, Nomad exec as CEO

The seafood trading site Seafoodportal.com announced the appointment of Kristin Veriga as its new CEO, tasked with accelerating the group's expansion

Whitefish March 11, 2022 10:15 AM
UK processors brace for 30% price hike in fallout from Ukraine conflict

By Dan Gibson

'Margins are already tight across the processing sector and many businesses (likely SMEs) will not be able to absorb these costs' -- Seafish

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