Editor’s choice: Fallout as UK retailers, US president say no to Russian seafood
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Expect shrimp prices to decline due to coming glut, Sedacca says
Much of the shrimp that will help drive down prices is literally out to sea, on cargo ships, ordered when demand was high and shipping uncertain
Galletti: Seafood firms need to embrace plant, cell-based protein products
Sam Galletti, president of US importer and processor Southwind Foods, sees only downsides from the seafood sector ignoring the demand for plant and cell-based alternatives
US issues orders to enforce Russian seafood ban, sets March 25 deadline
Imports must arrive by no later than '12:01 a.m. eastern daylight time, March 25, 2022'
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
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
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
Daley’s PE owner eyes more shellfish M&A, taps RBC to run sale process
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
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