Cut in Chilean mussel output to offset lost sales to Russia, Ukraine
Chile's mussel sector expects output to drop between 15% and 20% in 2022 due to reduced growth and mussel yield. This is set to offset sales lost by Russia's invasion of Ukraine
Viciunai suspends operations in Russia
Lithuanian surimi giant Viciunai -- which manufactures some of its products in the Kaliningrad region -- said it had suspended operations in Russia
India seafood platform doubles valuation to $500m in three months
Utham Gowda, a former investment banker, spent years tracking the seafood industry before launching Captain Fresh
Indonesian vannamei shrimp prices up, stable across main farming regions in week nine
Farm-gate prices for head-on, shell-on vannamei shrimp from Indonesia mostly rose in the country's main farming regions in week nine
Large Vietnamese shrimp sizes drop in price for week nine
Spot prices for farmed vannamei dropped in week nine of 2022, with the larger sizes dropping more steeply
Boston show exhibit numbers solidify days before event
A positive experience at the Fancy Food Show last month in Las Vegas, Nevada, has Fortune CEO Sean O'Scannlain thinking positively about the Boston seafood show
China’s Evergreen acquires country’s ‘biggest shrimp importer’, plans IPO
Quanlian, which was acquired by Evergreen for an undisclosed sum, was co-founded in 2019 by the Zhanjiang branch of CAPPMA, China's top seafood industry association
Thai vannamei shrimp prices hit their lowest level in 2022
Ex-farm vannamei shrimp prices in Thailand fell again across all main sizes in week nine as shown in data from the Talay Thai wholesale shrimp market provided to Undercurrent News
Coldwater shrimp sector sees little impact from European conflict, still expects price increase
Sources largely expect prices to remain stable or to gradually climb until spring fishing in the Barents Sea begins, with the Russia-Ukraine conflict not expected to impact the markets
Major Russian importer: Only domestic seafood will be on sale soon
The dive in Russia's currency and the impact of the sanctions on the country's economy means imported seafood could soon be priced out of the market