US commerce secretary: NOAA doesn’t have power to delay lobster gear compliance
'NOAA is not permitted on its own to change the date from May 1st to July 1st' -- Gina Raimondo, secretary of commerce
Royal Greenland CEO upbeat over strong post-COVID markets
'I think foodservice will always be a very strong source of demand; hopefully retail will become stronger, but as an industry, we need to educate consumers to understand that seafood is easy'
Recap Undercurrent’s coverage of the Global Seafood Market Conference
Undercurrent reporters were on the ground in force at the US National Fisheries Institute's GSMC held recently in the US city of Orlando, Florida
Six US harvesters charged with catching, selling 2.6m lbs of unreported herring
The men allegedly sold their catch to five fish dealers and three lobster boat captains
OCI jumps into Boston show as Beaver Street, Multi X, PanaPesca, 11 Taiwanese firms exit
'We decided to go because many of our customers are going, and we hope to have good discussions about the upcoming season' -- Martin Sullivan, Ocean Choice International
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
Sky-high valuations make organic growth more tempting than M&A for Royal Greenland
'The way we do our spreadsheets, we have not been able to match, in any way, some of the prices which have been obtained in the M&A market recently' -- Mikael Thinghuus
Flight limits spoil big Chinese New Year lobster opportunity for US, Canada exporters
'We diversified pretty well, and we have other clients in other areas of the world, but China is always a big customer' -- Bill Bruns, the Lobster Co.
Cell-cultured lobster startup acquired by UPSIDE Foods
Cultured Decadence will adopt UPSIDE Food's brand and remain in Wisconsin as part of its Midwest hub
Indonesia’s Aruna raises further $30m in effort to expand global presence
The digital platform has now raised $65m over two successive funding rounds in the space of six months