Undercurrent News

Atlantic Sapphire says phase 2 expansion won’t likely happen in 2026

Mon, 04 May 2026 20:55:13 +0000


'With today's capital markets and availability of funding for phase two, we consider it to be more likely that the company continues without completing phase two' -- Gunnar Aasbo-Skinderhaug, chief financial officer

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Ecuador shrimp processors move upstream, seek outside investors in response to trade dynamic shift

Mon, 04 May 2026 17:10:15 +0000


'It will be difficult for us to be number one [in the US market] for a very long time, because India is going to fight really hard' -- Jose Antonio Camposano, Ecuador's National Chamber of Aquaculture

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Indian shrimp face new US headwind with preliminary antidumping ruling

Mon, 04 May 2026 17:01:22 +0000


The US Commerce Department issued new AD rates based on dumping margins for Indian shrimp producers ranging from 2.36% to 4.30%.

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NOAA to award $99m in grants to protect Pacific salmon

Mon, 04 May 2026 16:48:56 +0000


'Habitat is our savings account -- it's our bank account that supports the salmon we rely on' -- Butch Smith, Pacific Fishery Management Council

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Republicans fail in effort to weaken US Endangered Species Act

Mon, 04 May 2026 16:26:46 +0000


Intra-party squabbling resulted in the scrapping of a bill watering down the landmark conservation act

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Former Hofseth exec Ponce de Leon joins St. James Smokehouse

Mon, 04 May 2026 16:05:38 +0000


Ponce de Leon left Hofseth North America in March

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Chilean salmon prices to Brazil rise above $8/kg in tense negotiations ahead of May bank holiday

Mon, 04 May 2026 15:52:17 +0000


The prices for week 19 strengthened sharply week-on-week, causing tension between buyers and sellers

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IPHC expresses alarm over unguided boat fleet’s toll on Pacific halibut

Mon, 04 May 2026 15:40:50 +0000


The unguided charter industry allows visitors to Alaska to rent small boats and take as many as two halibut per person each day

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Chinese Labor Day demand fires live shellfish rally but snow crab left behind

Mon, 04 May 2026 15:39:14 +0000


Labor Day demand has fired a broad rally in Chinese live crustacean prices during week 19 of 2026, with nine of 11 benchmarks gaining and snow crab the lone exception

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US wholesale: Week 19 ‘market pulse’ updates available on key seafood commodities

Mon, 04 May 2026 15:27:18 +0000


Undercurrent's week 19  'market pulse' updates on US wholesale markets for various key commodities are available on our new platform 

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