IntraFish | Latest seafood, aquaculture and fisheries news

Buying farmed salmon from Norway is 'like playing Russian roulette' US seafood market 2023: Shrimp is in chaos, salmon continues to soar, whitefish is confused Insect feed company Protix hires new CFO This week's quiz: 3D printed salmon; people trafficking across Europe; and trouble in Blubberhouses. Are you on top of your seafood news? Camanchaca ramps up drive to push farmed coho into US market Ukraine war keeps Europe's largest shrimp farm in limbo America's $550 million in whitefish imports from China giving unfair back door to Russia, groups argue 'The final straw': UK smokehouse closes doors, leaving string of seafood suppliers unpaid French retail chain recalls Icelandic smoked salmon line in listeria scare Whole Foods rolls out plant-based sushi in flagship stores

America's $550 million in whitefish imports from China giving unfair back door to Russia, groups argue

Buying farmed salmon is 'like playing Russian roulette'

Move over, Ecuador: This country could be the 'most interesting' new shrimp producer in the Americas

'The final straw': UK smokehouse closes doors, leaving string of seafood suppliers unpaid

Former owner of seafood processing business arrested in crackdown on European trafficking network

Marine ingredients group questions study linking chemical compound PFAS with fishmeal

With a key factory bombed out, Ukraine's largest salmon processor finds creative ways to carry on

This week's quiz: 3D printed salmon; people trafficking across Europe; and trouble in Blubberhouses. Are you on top of your seafood news?

Camanchaca ramps up drive to push farmed coho into US market

US seafood market 2023: Shrimp is in chaos, salmon continues to soar, whitefish is confused

Ukraine war keeps Europe's largest shrimp farm in limbo

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Shrimp

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Nutreco, Klaas Puul and novel feed suppliers crafted a plan to put a new kind of shrimp into retail stores. Here's how it came together.

Indian shrimp farmers need a safety net. Could domestic consumption help cushion the falls?

This biotech startup says it has the solution for building a new freshwater shrimp farming industry: get rid of all the males

Thai Union-backed plant-based seafood company raises $5 million in seed funding

With a new round of funding under its belt, this startup sets sights on India's breakneck growth in seafood

Violent start to 2023 costs Ecuador farmed shrimp producers heavily as organized criminals wreak havoc

Ukraine war keeps Europe's largest shrimp farm in limbo

Move over, Ecuador: This country could be the 'most interesting' new shrimp producer in the Americas

Editor's Picks: Ecuador shrimp violence, American M&A, why Canada lobster is getting a pass on sustainability scrutiny

Can shrimp farmers learn lessons from salmon growers? This top genetics executive is not so sure

Ecuador shrimp suppliers say Brazil market remains 'high-risk'

Farmed shrimp prices to slump amid weakening demand, Rabobank warns

Honduran exports to key market under pressure from cut-price Ecuador shipments

Southern Shrimp Alliance urges US consumer boycott of Indian farmed shrimp because of antibiotics

INTERVIEW

'This was a sinking boat and it was sinking fast': This executive's out-of-the-box thinking helped reimagine shrimp farming in Asia

'You need good nerves': It's still early days for Europe's land-based shrimp farms, but this Austrian player with billionaire owners is slowly finding success

Brazil farmed shrimp production forecast to climb 20% as domestic sales boom

2022 was a rough year for US retail seafood sales; will there be a rebound in 2023?

Monterey Bay Seafood Watch upgrades some Vietnamese black tiger shrimp ratings

As COVID cases surge in China, seafood processing sector braces for impact

Whitefish

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Troubled founder of Norcod, Maine salmon farming project escapes $2.6 million bankruptcy at last minute

Norebo's Vitaly Orlov transfers majority ownership in European arm to son

Trident Seafoods fined for oil spill following vessel fire

America's $550 million in whitefish imports from China giving unfair back-door to Russia, groups argue

Crew restrictions returning following end of China’s zero-covid policy, says GMF

Portugal's Brasmar Group acquires UK seafood importer

UK seafood processor enters administration

Norwegian cod farmer Statt Torsk scales back harvesting plans

Whitefish industry veteran joining Alaska pollock marketing group

Russia’s parliament OKs measure to allow new round of investment quota program deals

'If anyone wants answers, it's us': Farmed cod escape puts company in the crosshairs, but the culprit remains unknown

Outlook 2023

'Costs, costs and costs': Seas are still choppy, but New Zealand seafood giant Sanford is positive its 'realignment' will make for smoother sailing

Profile

'Everyone in the room told me I was a time waster': This Marine Stewardship Council executive is used to fighting the odds

Recession be damned: Expect these groups to make M&A plays in 2023

Exclusive

'We must have something to live on after oil': For salmon farming magnate Gustav Witzoe, the future is full of uncertainty

Bering Sea crab group takes shot at Alaska pollock fishery in criticizing NOAA decision on harvest closures

European buyers unlikely to see relief on Alaska pollock prices with US market strong

Criminal case against Icelandic Samherji is dropped after settlement with tax authorities

Santa Bremor plans to move surimi production to Russia

Outlook 2023

'I am concerned for the value-added industry in Norway': Nordic CEO Morten Jensen reflects on a challenging 2022

Rabobank: Farmed salmon prices to remain high in 2023 as species ignores economic macro-trends

Chile farmed salmon exports suffer contrasting fortunes in key markets in 2022

Shipping & Logistics

Researchers say this chilling method could save the processing sector millions in costs and emissions

Portuguese group acquires UK seafood importer

Court to decide if EU fisheries can catch snow crab in Norwegian waters

UK seafood processor enters administration

People

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Novel feed company Protix hires new CFO

Portugal's Brasmar Group acquires UK seafood importer

Global Sustainable Seafood Initiative executive director departs after 10 years

Young's parent Sofina appoints former Hilton, Big Prawn exec to sustainability role

Exclusive

'We must have something to live on after oil': For salmon farming magnate Gustav Witzoe, the future is full of uncertainty

Petuna executive returns to salmon farming giant Cermaq as Chile finance director

Ex-Bumble Bee CEO hits the bottle in new executive role

Whitefish industry veteran joining Alaska pollock marketing group

Red Lobster procurement veteran joins Slade Gorton

Fortune expands executive team following year of major growth

Harry Frisch, key architect of US seafood giant Beaver Street Fisheries, dies

Friday Interview

The $6 billion man: Meet the executive that has helped supercharge Ecuador's farmed shrimp exports

Samherji CEO’s son acquires all foreign operations of Icelandic giant

UK group Wildwaters Seafood appoints former Espersen executive as procurement director

Director of Nutreco's venture arm takes on chief strategy officer role

Thai Union appoints John West exec to head up Marine Proteins business in Europe

Spain's Angulas Aguinaga appoints former Bolton exec as new CEO

Tesco sustainable aquaculture and fisheries manager departs

People Moves: Here are the seafood executives that changed roles last month

Salmon farming giant Mowi loses fight with former managing director over stock option payout

Mowi loses $100,000 stock option fight with former managing director

Shares in land-based salmon farmer Atlantic Sapphire make surprise 20% leap

Young's parent Sofina appoints former Hilton, Big Prawn exec to sustainability role

Honduran exports to key market under pressure from cut-price Ecuador shipments

Despite difficult market conditions, private equity seafood deals saw solid increase last year

Troubled founder of Norcod, Maine salmon farming project escapes $2.6 million bankruptcy at last minute

In Case You Missed It

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Outlook 2023

More value-added production, capital investment coming for Peter Pan, says executive Rodger May

Outlook 2023

Scale and logistics changes offered silver linings during challenging year, Regal Springs CEO says

Outlook 2023

CEO of US smoked salmon giant Acme: 'We have experienced material price fluctuations, but never this extreme'

High inventories, cost-of-living crisis challenge US shrimp market

Outlook 2023

CEO of seabass farmer Kefalonia says industry should prepare for 'permacrisis'

Outlook 2023

Land-based fish farming should look to SpaceX for inspiration, says Kingfish Company founder

Outlook 2023

Santa Monica Seafood planning to open new facilities, add $100 million in sales in 2023, says CEO Roger O'Brien

Red Lobster seafood procurement executive joins Slade Gorton after 30 years at restaurant giant

Outlook 2023

Despite 'a very nasty cocktail' of events in 2022, aquaculture feed group Biomar starting the year with optimism

As COVID cases surge in China, seafood processing sector braces for impact

2022 was a rough year for US retail seafood sales; will there be a rebound in 2023?

Outlook 2023

American Seafoods CEO sees growth on the horizon, but supply chain and currency remain concerns

Silver Bay CEO: 'It was time for us to shift our focus to getting more value out of the fish'

Outlook 2023

'The foods on consumers plates are slowly changing but we do not yet know how,' says Skretting CEO

Outlook 2023

AquaBounty plans 'conservative approach' with rising interest rates

Outlook 2023

Cheaper protein has become our main competitor, says Pittman Seafoods CEO

Outlook 2023

Impatience with the status quo will push Alaska pollock marketing forward in 2023, says GAPP exec

Outlook 2023

Ecuador's farmed shrimp producers gear up for another challenging year

No money, no food, no way home: Migrant workers at salmon factory 'sat crying in their rooms'

Unexpected holiday splurging could boost lobster sales in US market

Trident Seafoods fined for oil spill following vessel fire

Norway's snow crab prices plummet as global supply chain shocks from Ukraine war continue to take toll

Profile

'Everyone in the room told me I was a time waster': This MSC executive keeps beating the odds

Norebo's Vitaly Orlov transfers majority ownership in European arm to son

Nutreco, Klaas Puul and novel feed suppliers crafted a plan for a new kind of shrimp. Here's how it came together.

Thai Union-backed plant-based seafood company raises millions in funding

Markets

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Santa Monica Seafood expands to US East Coast with Maryland facility

High inventories, cost-of-living crisis challenge US shrimp market

Indian shrimp farmers need a safety net. Could domestic consumption help cushion the falls?

Inland Seafood's latest acquisition is part of group's steady march into new markets

Camanchaca ramps up drive to push farmed coho into US market

French retail chain recalls Icelandic smoked salmon line in listeria scare

Whole Foods rolls out plant-based sushi in flagship stores

Court to decide if EU fisheries can catch snow crab in Norwegian waters

Move over, Ecuador: This country could be the 'most interesting' new shrimp producer in the Americas

Marine ingredients group questions study linking chemical compound PFAS with fishmeal

Wildtype founders say cell-based salmon could be in US restaurants later this year

Portugal's Brasmar Group acquires UK seafood importer

Young's parent Sofina appoints former Hilton, Big Prawn exec to sustainability role

Moving salmon is nearly twice as profitable as growing it, research shows

Rabobank: Farmed salmon prices to remain high in 2023 as species ignores economic macro-trends

Thai Union-backed plant-based seafood company raises $5 million in seed funding

UK seafood processor enters administration

Norebo's Vitaly Orlov transfers majority ownership in European arm to son

Norwegian cod farmer Statt Torsk scales back harvesting plans

Retail giant Costco to face lawsuit for labeling canned tuna 'dolphin safe'

Shipping & Logistics

Pakistan’s container shipments under threat as dollar reserves dry up

Shipping & Logistics

Crew restrictions returning following end of China’s zero-covid policy, says GMF

'Are we about to screw it up?': Some fear salmon tax could cost Norway its lead in aquaculture technology

Outlook 2023

'Costs, costs and costs': New Zealand giant Sanford says its 'realignment' will make for smoother sailing

Editor's Picks: Betting on seafood deals; an executive in trouble; a new frontier for shrimp

Santa Monica Seafood expands to US East Coast with Maryland facility

Land-based salmon

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Land-based salmon farming group AquaCon pulls key permit application, forcing it to find new location for project

This company's land-based salmon are growing surprisingly fast

'It cannot be led from a distance': CEO of land-based farmer Salmon Evolution steps down

UPDATES

'This was the last thing the company needed': Analysts react to Atlantic Sapphire's latest news as share price crashes

Small towns and land-based salmon farms don't seem to be mixing very well

Japan land-based salmon farm Proximar kicks off production

'We are all losing out': Land-based salmon executives slam Norway's new tax proposals

GM salmon producer AquaBounty considering move into shrimp farming sector

Land-based farmer Salmon Evolution announces third successful smolt release

'The government is setting sea against land': Norway land-based salmon farmer Gigante voices shock at tax news

Mount Cook Alpine Salmon building New Zealand's first land-based salmon farm for king, sockeye salmon

Atlantic Sapphire's shares sink to historic low as investors get spooked by high mortality at land-based salmon operation

'We like the macro trends we see': Here is why this $1 billion investment fund is investing in land-based aquaculture

Atlantic Sapphire warns of 'inflationary pressure' as it works to complete next stage of development

This land-based salmon farmer is moving mountains to transform a struggling coal region

'Projects starting up in the next 3-5 years will be a lot stronger from day one': Billund CEO sees new, more stable era in land-based aquaculture

Nordic Aquafarms confident to start Maine construction next year with more legal challenges dismissed

Nutreco-backed group says it can fetch a $15 per kilo margin for land-based salmon grown in China

Land-based farmer Salmon Evolution says fish are growing ahead of schedule, with no sign of off-flavor

With big-name backers and all-star talent, this land-based salmon farming project seems to have everything it needs. So why did its equipment supplier just remove the project from its books?

New forecast projects a sharply higher Copper River sockeye salmon catch

Bering Sea crab group takes shot at Alaska pollock fishery in criticizing NOAA decision on harvest closures

'A rubbish week': Salmon prices plummet amid fewer contracts, unsold fish

'If anyone wants answers, it's us': Farmed cod escape puts company in the crosshairs, but the culprit remains unknown

Iceland Seafood International's latest attempt to sell UK operations falls through

Iconic German salmon smoker closes, but brand will live on

Fisheries

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'It is impossible to plan': Russian seafood industry calls for pause on quota investment program, fearing billions of dollars in losses

Norway's cod suppliers lose customers over missing Marine Stewardship Council eco-label

Faroese pelagic group Vardin expects to lose half its sales after ending exports to Russia

Royal Greenland reports highest earnings in its 250-year history

Peru announces hike in anchovy quota

Buyers eager for Pacific hake in red-hot whitefish market

Labor market remains tough as Alaska pollock producers head in to lucrative "B" season

Norway bans Russian vessels from ports, but excludes fishing boats

Is China getting insider information on Peru's anchovy season? One top CEO has suspicions

Another top executive is leaving American Seafoods

Court to decide if EU fisheries can catch snow crab in Norwegian waters

Young's parent Sofina appoints former Hilton, Big Prawn exec to sustainability role

Trident Seafoods fined for oil spill following vessel fire

Norway's snow crab prices plummet as global supply chain shocks from Ukraine war continue to take toll

Norebo's Vitaly Orlov transfers majority ownership in European arm to son

Outlook 2023

'Costs, costs and costs': Seas are still choppy, but New Zealand seafood giant Sanford is positive its 'realignment' will make for smoother sailing

Bering Sea crab group takes shot at Alaska pollock fishery in criticizing NOAA decision on harvest closures

New forecast projects a sharply higher Copper River salmon catch in Alaska this year

Profile

'Everyone in the room told me I was a time waster': This Marine Stewardship Council executive is used to fighting the odds

Time is running out to catch full Peru anchovy quota

Recession be damned: Expect these groups to make M&A plays in 2023

Ex-Bumble Bee CEO hits the bottle in new executive role

Norwegian cod farmer Statt Torsk scales back harvesting plans

'We lack fish to supply to our clients': Land-based producer The Kingfish Company sold out despite doubling production

Indian shrimp farmers need a safety net. Could domestic consumption help cushion the falls?

Shipping & Logistics

Companies moving supply chains closer to home after spate of shipping disruptions, report says

Opinion

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Norway's contract stalemate is now hitting the world's largest salmon buyers

Salmon farmers can't get offshore fast enough

LETTER: NOAA’s aquaculture plan is 'more of the same old story'

Opinion

Poor little rich kids: Norway's salmon farm owners shouldn't be surprised by the resource tax

NOAA's new five-year aquaculture plan is 42 years in the making and still behind the times

Exclusive

Christy Walton: It's time to think differently about investing in aquaculture

McDonald's just gave the seafood industry something to chew on

There is a better and quicker way to create a national seafood marketing program

Is the seafood sector's pressure campaign to sustainably manage Atlantic pelagic stocks working?

'Imitation crab' is proof we have a major problem with plant-based seafood labeling

Podcast: Understanding the Norway salmon farming tax, plus what an eco-label really buys your seafood

You paid for an eco-label. Are you entitled to its protection?

Guest Commentary

Who farmed this fish?

How will we know if the seafood marketing in the US works?

These numbers could wipe the smiles off salmon famers' faces

Buyers of Chilean salmon need to play a role in improving diver safety on farms

Big agriculture is having a major FOMO moment about seafood

Here is why no British seafood brand will ever make it big in America

It happened in Canada's salmon farming sector. Will it happen in Chile's?

Are plant-based seafood labels really misleading? Judge for yourself.

Ecuador shrimp suppliers say Brazil market remains 'high-risk'

Canada minister faces pressure from First Nations as decision looms on key BC salmon farming area

Outlook 2023

High Liner CEO says company prepared to 'pivot and evolve' with economic uncertainty

Exclusive

'We must have something to live on after oil': For salmon farming magnate Gustav Witzoe, the future is full of uncertainty

Chile salmon industry hopes early warning updates can thwart damaging peak algal bloom season

Land-based farmer Proximar Seafood's first batch of Atlantic salmon juveniles successfully transferred

Salmon

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There is a new ranking of the world's 15 largest farmed salmon producers

Diseases and lice now cost salmon companies as much as feed, new report finds

Mowi completes tie up with UK retail giant Asda in time for festive season

Salmon farmers dominate top 10 ranking of sustainable protein investments, with Mowi on top

Moody's downgrades smoked salmon producer Labeyrie over concerns about consumer spending

Buying farmed salmon from Norway is 'like playing Russian roulette'

Camanchaca ramps up drive to push farmed coho into US market

'The final straw': UK smokehouse closes doors, leaving string of seafood suppliers unpaid

French retail chain recalls Icelandic smoked salmon line in listeria scare

Whole Foods rolls out plant-based sushi in flagship stores

Former owner of seafood processing business arrested in crackdown on European trafficking network

Chile farmed salmon exports suffer contrasting fortunes in key markets in 2022

Witzoe fears Norwegian government will have 'cunning' plan to tax offshore salmon farming

Wildtype founders say cell-based salmon could be in US restaurants later this year

Moving salmon is nearly twice as profitable as growing it, research shows

Researchers say this chilling method could save the processing sector millions in costs and emissions

Rabobank: Farmed salmon prices to remain high in 2023 as species ignores economic macro-trends

Land-based farmer Salmon Evolution in talks with Washington state tribe for new project

Shares in land-based salmon farmer Atlantic Sapphire make surprise 20% leap

'Are we about to screw it up?': Some fear salmon tax could cost Norway its lead in aquaculture technology

Washington state agency rejects claim that fish farming ban violates Native American tribe's treaty rights

updated

US closes price-fixing investigation into Mowi, Grieg Seafood, SalMar, Leroy

Jellyfish, diseases, parasites: Scotland's farmed salmon mortalities hit 15 million in 2022

Time is running out to catch full Peru anchovy quota

Seaweed group hires former land-based salmon COO, adds ex-Paine Schwartz execs to board

Norway's huge king crab advantage foiled by Russian glut in Asia

Finance

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Blazing seafood M&A streak on pace to beat last year

Key associates of Russian tycoon Roman Abramovich sell off pollock stake to Gidrostroy

There is great interest out there': M&A in the salmon sector is just getting started, say analysts

Aqua-Spark nearly doubled assets under management in 2021

Offshore yellowtail farmer acquires assets of Hawaii seafood distributor

'Where's the big money?' UN Ocean summit highlights aquaculture funding shortcomings

S2G Ventures leads $10.8 million funding round for cell-based seafood startup Avant

Nueva Pescanova reportedly close to making its first acquisition in a decade

Private equity's massive war chest puts seafood industry in the crosshairs

French seafood processing group Mericq acquires Irish lobster supplier

Cooke subsidiary acquires Canada trucking firm

Broodstock Capital-backed fish health group acquires consultancy firm

Maruha Nichiro's Seafood Connection acquires UK supplier

Former Mowi CEO, Bain executive invest in African tilapia farmer

Fund launched by Dutch banking giant on the hunt for aquaculture deals after Aqua-Spark investment

BioMar acquires shrimp feeding technology company

Australian barramundi firm acquires US production site

French venture capital firm's new fund targeting sustainable aquaculture, blue economy investments

Tilapia and shrimp distributor Tropical Aquaculture Products files for bankruptcy

Bluefront Equity takes majority stake in seafood refrigerant firm as ex-BioMar VP comes aboard

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