Undercurrent News

Dongwon eyes renewed $6.8bn bid for South Korea’s largest logistics firm

Wed, 17 Dec 2025 22:57:10 +0000


Dongwon Industries is weighing a renewed KRW 10tr bid for HMM, a move that could reshape cold-chain routes and give the tuna giant far greater control over the country's seafood transport networks

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Japan’s Okhotsk scallop harvest to finish at 7-year low with smaller sizes dominating

Wed, 17 Dec 2025 22:55:36 +0000


Japan's scallop harvest in Hokkaido’s Okhotsk region is set to end the 2025 season in the mid-250,000t range, as poor growth and storms leave processors with smaller sizes and sharply higher prices

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Week 51 US wholesale prices: Mahi mahi rides out partial US ban; Tightening holiday supply hoists up farmed salmon

Wed, 17 Dec 2025 17:12:32 +0000


UCN's week 51 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, lobster, groundfish, farmed whitefish and scallops are available on our new platform

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Ecuadorian shrimp prices to China fall again as buyers hold back

Wed, 17 Dec 2025 16:59:07 +0000


Every Wednesday, UCN publishes price assessments for Ecuador vannamei shrimp, CFR China, then also in the Chinese wholesale market

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US club giant Costco leans into sourcing shifts, Kirkland expansion to survive tariffs

Wed, 17 Dec 2025 16:50:34 +0000


Costco, in its first-quarter fiscal results, highlighted seafood as one of the specific food items being hit by higher inflation

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US holds sliver of $1bn Philippine seafood market, hopes Trump order will boost

Wed, 17 Dec 2025 16:47:35 +0000


The top products shipped to the Philippines in 2024 included frozen squid fillets, fish fats and oils, fish pastes and frozen sea bass

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Alaska pollock marketing agency taps Johnson to replace Desautel as board chair

Wed, 17 Dec 2025 16:31:34 +0000


Jim Johnson, president and CEO of Glacier Fish Company, was unanimously elected as GAPP's new chairman of the board

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Canadian fishermen call on Ottawa to maintain Atlantic Fisheries Fund

Wed, 17 Dec 2025 16:24:15 +0000


Concerns mirror those voiced last week by Atlantic premiers, who have also called on Ottawa to honour its pledge to renew the fund in 2026

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US Coast Guard rescues Oregon crabbers days before start of Dungy season

Wed, 17 Dec 2025 16:10:23 +0000


The fishing vessel the Valor III was setting pots for the opening of the commercial Dungeness crab season on Tuesday

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Major Ecuadorian tuna exporter shifts to finished goods, targets Europe, US

Wed, 17 Dec 2025 15:38:42 +0000


Tecopesca has evolved from a supplier of pre-cooked, frozen tuna loins for Europe's processing industry to a major exporter of finished, canned tuna products

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