Alaska senator believes Biden order will stop Russian seafood processed in China
'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
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
Clearwater’s resource access is ‘nice’ inflation hedge for Premium
'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
Biden to ban import of Russian seafood, seek to strip ‘most favored nation’ status
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
Norway salmon prices tumble, while Chilean, Scottish fairly stable
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
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
UK processors brace for 30% price hike in fallout from Ukraine conflict
'Margins are already tight across the processing sector and many businesses (likely SMEs) will not be able to absorb these costs' -- Seafish
NASDAQ: Norway salmon price eases again in week nine
Spot prices for Norwegian farmed salmon dipped for the second consecutive week in week nine of 2022, according to the NASDAQ Salmon Index
Airfreight costs double for fresh seafood sent to East Asia, though China largely unaffected
The cost of flying salmon from farms in northern Norway to Japan and South Korea has roughly doubled after Russia closed its airspace to European and Japanese airlines
Aussie gov’t expects dip in salmon prices before sector returns to medium-term growth
Australian fisheries and aquaculture production value is forecast to rise by 10% in 2021-2022, driven by strong growth in production value for salmonids, shrimp and oysters