Canadian halibut hatchery files for bankruptcy
Halibut PEI voluntarily filed for bankruptcy on Jan. 14, saying that it owed CAD 9.5 million to its creditors
Tradex reports Alaska’s Pacific cod, pollock A seasons slow out of gate
Just 9,000 metric tons of pollock has been harvested in Alaska so far, compared to 35,000t by the same point last year and 99,000t by this time in 2020
IOTC cuts Seychelles’ tuna quota due to overfishing
The Seychelles' 13 fishing vessels had been granted in June 2021 an increase in yellowfin tuna for 2022 by 7% in 2022, following an IOTC interim resolution
Rabobank: Farmed seafood prices to climb in H1 as demand emerges from under COVID
The latest report from Rabobank expects good demand to support high prices with salmon supply set to be tight and shrimp supply increasing in the first half of 2022
Long-time New Bedford ship supply store to be replaced by seafood restaurant
Kruger Brothers Ship Supply was mainly a purveyor for commercial fishing boats, including those going on long scallop trips, before it closed in 2019
NTS shareholder group withdraws offer in face of higher Mowi bid
The shareholder group's initial offer of NOK 105 per share was conditional upon no higher bid coming in; Mowi's bid of NOK 110 per share made the group's bid redundant
Fish Factor: Alaska lawmakers want action on US seafood trade inequities
Undercurrent News is featuring 'Fish Factor', a weekly column featuring the reporting and perspective of Alaska seafood journalist Laine Welch
SPRFMO fails to agree on new squid rules
Among the rejected proposals: having ships carry observers and unload only in ports instead of at sea to giant refrigerated vessels
Amended boundary at Cooke Nova Scotia salmon farm protects 80% of production
The ruling addresses an aquaculture site that had been operating outside of its earlier boundaries for at least 18 years without penalty
Sale process underway for $500m Canadian shellfish supplier
The company, which has a turnover of around $500 million and is highly profitable, has tasked Antarctica Advisors with running a sale process, sources told Undercurrent News