Undercurrent News

Week 32 farm-gate shrimp roundup: Ecuador sees uptick as high feed costs create int’l shortage of large sizes

Tue, 04 Aug 2026 11:05:51 +0000


There were some minor improvements on prices for medium-sized Ecuadorian shrimp in the latest week, but they, like the rest of the industry, are struggling with production costs at these levels

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Umios posts record April-June revenue as overseas growth offsets weaker Japan

Tue, 04 Aug 2026 10:31:50 +0000


The world's largest seafood company by revenue posted record April-June revenue as North America, Europe and pet food offset weaker domestic operations

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Pharmaq’s fish health business helps lift 2025 earnings as revenue nears $255m

Tue, 04 Aug 2026 10:25:10 +0000


The Norwegian fish health specialist increased revenue by almost 29% in 2025, while operating profit and net earnings each climbed by more than 50%

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Aussie businessman, majority owner of Yumbah, ups stake in Hofseth Biocare

Tue, 04 Aug 2026 10:24:05 +0000


The Anthony Hall Family Trust is a private Australian investment trust controlled by the current 23rd richest billionaire in the country

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NewPrinces revives GS brand as flagship retail identity following Carrefour Italy acquisition

Tue, 04 Aug 2026 10:20:32 +0000


Following the rebranding announcement of a redesigned GS logo, over the coming months, NewPrinces will begin rebranding its Carrefour stores

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Cromaris earnings surge in H1 despite volume drop after 2025 overhaul

Tue, 04 Aug 2026 10:09:04 +0000


Cromaris delivered a sharp increase in first-half earnings after a 2025 restructuring drive boosted efficiency and margins, offsetting a double-digit drop in fish sales volumes

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Russia’s 7-month catch slips as domestic fish prices continue to firm

Tue, 04 Aug 2026 09:57:22 +0000


By the end of July, Russia's total wild catch reached 2.78 million metric tons, according to the federal fishery agency Rosrybolovstvo, down from 2.95m a year earlier

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UK frozen fish supplier has stark warning on affordability as it returns to profit

Tue, 04 Aug 2026 09:44:33 +0000


The firm has been shedding unprofitable business, aiming to halve its revenue from almost £60m in 2024

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Akva group secures board approval for subsidiary merger

Tue, 04 Aug 2026 09:09:51 +0000


Norwegian aquaculture technology supplier AKVA has moved to fully integrate its digital capabilities by approving the merger of its subsidiary Submerged

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NZ parties back octopus farming ban ahead of election

Tue, 04 Aug 2026 09:05:47 +0000


The Green and Labour parties support prohibiting commercial octopus farming before the industry is established

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