Hello all --
First, a quick plug for a new feature that will ensure you're staying up to date on the industry: see how you do on our weekly News Quiz, which rolls out each Friday.
Lobster -- usually a relatively quiet, steady industry -- was all over the headlines last week after sustainability ranking group Seafood Watch placed the fishery under the "red" section of its traffic-light system. A red light means just what you might think: stop.
That decision put the lobster and broader seafood industry in an uproar, which may be exactly what the group wanted. If so, success.
While some buyers dropped lobster from their product mix as a result, most will likely keep selling it, and simply spend a bit more time fielding questions.
Week's Must-Reads
- Editor Rachel Mutter weighed in on the shrimp sector, offering a sobering view of what the industry will need to truly succeed.
- The armed services, liquor and the law: Sealord's CEO tried, and failed, to stay out of seafood
- Smoked salmon showed surprising strength at US retail, bucking seafood downtrend
- Worried yet? Look at the ever-growing list of alternative seafood companies battling for investment
Reader favorites
- Ranked: Here is how much the biggest salmon farmers made for every kilo harvested in Q2
- Six months after Ukraine invasion, Danish feed supplier still struggling with new reality
- Former top executives at Nordic Aquafarms announce new land-based salmon farming concept
- New round of Russian government quota program would lead to mass fishing company bankruptcies, critics warn
New: Shrimp Newsletter
The farmed shrimp sector is big and getting bigger, and our coverage is growing as a result. Sign up for our free weekly newsletter, curated by IntraFish Editor Rachel Mutter. Sign up here.
Sept. 29! Investors and executives come together in London
Don't miss the Seafood Investor Forum in London on Sept. 29th. We have a fantastic lineup of speakers and panels including representatives from Mowi, Atlantic Sapphire, Leroy Seafood, Nutreco, Aqua-Spark, S2G Ventures and more.
Have a great week.
Read more
- Shrimp specialist CenSea restructures, naming three co-presidents as part of succession plan
- Danish seafood giant Espersen completes sale of Russian subsidiary, fully exits the country
- Retail prices for fish fingers surge dramatically in Germany as inflation hits 40-year high
- Closing Norwegian ports to Russian fishing vessels would do more harm than good, says former head of Norway's ministry of fisheries