Undercurrent News

Daily recap: US investor eyes partial sale of UK seafood firm; Ecuador shrimp prices steady as China’s soar

Wed, 24 Dec 2025 08:18:00 +0000


Undercurrent News presents a recap of the top daily seafood stories from Tuesday, Dec. 23

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Norebo, Murman vessels will be fully banned from Norway’s EEZ from Jan. 1

Wed, 24 Dec 2025 07:45:24 +0000


Licences issued before the Norwegian sanctions on Russia's Norebo and Murman to catch in its EEZ remained valid in 2025; from Jan 1, 2026, no new ones will be issued

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Alaska cuts Sitka roe herring quota for 2026 amid size mix pressures

Tue, 23 Dec 2025 23:19:09 +0000


Regulators in the US state of Alaska have reduced the Sitka Sound sac roe herring fishery's guideline harvest level by 5% y-o-y to 35,015 short tons, despite market-led harvests remaining far below biological ceilings

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Russian supplier to ship first 700t of air-blast frozen Barents king crab to Japan

Tue, 23 Dec 2025 23:04:39 +0000


Russian Crab Company Group will begin supplying air-blast frozen Barents Sea king crab to Japan in 2025 through Nichimo, as Russian supply shifts toward Asian markets amid US restrictions

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South Korea to modernize largest fish market in $180m overhaul

Tue, 23 Dec 2025 23:02:41 +0000


South Korea has launched a KRW 242bn overhaul of the Busan Cooperative Fish Market, converting the country's largest fish auction hub into a closed, enclosed central wholesale market

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Japanese sushi chain taps regional wild fish with daily rotating urban menu

Tue, 23 Dec 2025 23:01:02 +0000


Osaka-based conveyor-belt operator Kura Sushi has begun offering one-day-only regional seafood selections at select Tokyo and Osaka outlets, leveraging its nationwide sourcing and logistics network to bring fresh local fish into city stores.

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Eastern Canada M&A update: Big deals to come in 2026

Tue, 23 Dec 2025 17:31:12 +0000


'While many have struggled, a few leaders will emerge, execute successfully and reap the rewards' -- Avi Suriel, GT Securities

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Mowi Chile loses legal battle over salmon escape, faces hefty environmental penalty

Tue, 23 Dec 2025 17:08:41 +0000


Chile's Supreme Court has rejected all appeals from salmon farming company Mowi Chile, upholding a fine of 8,913.5 annual tax units for the 2018 escape of more than 600,000 Atlantic salmon

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US trade court largely upholds Vietnam catfish antidumping rate

Tue, 23 Dec 2025 16:51:08 +0000


The Catfish Farmers of America had challenged an antidumping duty order issued by the US Department of Commerce

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California couple pleads guilty to selling sport-harvested seafood

Tue, 23 Dec 2025 16:48:41 +0000


Wildlife officials in the US state of California say they have uncovered a criminal enterprise in which a husband and wife received recreationally harvested seafood and sold it out of their home for more than a decade

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