Undercurrent News

China moves 1.9bn abalone north to beat heat, lift survival

Thu, 07 May 2026 22:55:02 +0000


China is moving 1.9bn farmed abalone north each spring to avoid summer heat, doubling survival rates and cutting costs in a model that could reshape regional supply dynamics

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Iran war piles fresh pressure on Japan’s struggling surimi-based products sector

Thu, 07 May 2026 22:53:45 +0000


An emergency survey by a Japanese industry body shows the Iran war's impacts are spreading into Japan's surimi-based products sector, with raw material and packaging costs rising and pressure mounting across the industry

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US trade court rules Trump’s Section 122 tariffs also illegal

Thu, 07 May 2026 22:40:31 +0000


US president Donald Trump had turned to Section 122 after the US Supreme Court, on Feb. 20, ruled that the president's use of the International Emergency ​Economic Powers Act was illegal

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Clearwater, lobster prices tarnish Premium Brands’ otherwise sterling Q1 finish

Thu, 07 May 2026 16:32:18 +0000


Clearwater finished Q1 with CAD 57.6m in revenue, down 37% from the same period in 2025

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US lobster roll restaurant chain opens first food truck

Thu, 07 May 2026 16:29:07 +0000


The new venture for the Annapolis, Maryland-based chain comes as lobster roll-focused restaurant operators seek new ways to expand sales while managing elevated raw material costs

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Manta’s tuna price premium expands, while Thai canneries try to regain lost ground

Thu, 07 May 2026 16:24:47 +0000


Packers in Southeast Asia are pressuring for lower raw material prices to maintain competitiveness with Ecuador

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NMFS proposal used old data to lower California crab fishery whale entanglement risk status

Thu, 07 May 2026 15:39:51 +0000


Data compiled by the California Department of Fish and Wildlife show more than two dozen entanglements of humpback whales in California or with gear confirmed to originate from the state's fleet since 2023

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Pacific Seafood expands cod processing with Alaska plant deal

Thu, 07 May 2026 15:24:04 +0000


'This new chapter reflects our continued commitment to growth and innovation on the Kenai Peninsula' -- Ashton Meier, Pacific Seafood Group

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US wholesale: Live lobster prices continue to drift downward, but not enough to help processors

Thu, 07 May 2026 15:18:38 +0000


Bad weather in Canada has tightened the supply picture

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Diversification, cost control power Camanchaca through weak salmon prices

Thu, 07 May 2026 14:49:44 +0000


Camanchaca is navigating a difficult salmon pricing environment by leaning on other parts of its portfolio, where tighter supply and strong demand are helping to support overall performance

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