Undercurrent News

US seafood imports down 11%, exports up 10% in Q1 2026

Tue, 26 May 2026 17:06:31 +0000


Major declines of Indian shrimp and Norwegian salmon imports were recorded, while the US shipped out more lobster in the first three months of 2026

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US judge halts recreational Atlantic red snapper fishery on eve of season’s start

Tue, 26 May 2026 16:51:32 +0000


The ruling does not affect the commercial season, which is set to begin on July 13

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US lawmaker blames private equity for Red Lobster collapse as chain continues closures

Tue, 26 May 2026 16:49:36 +0000


The renewed interest in Red Lobster's 2024 bankruptcy filing comes as the restaurant closes additional locations

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Charges dropped against Canadian lobster dealer after witnesses fail to show

Tue, 26 May 2026 16:26:41 +0000


Canadian police failed to serve subpoenas forcing the judge to drop charges against a man accused of leading a criminal syndicate in the lobster industry

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‘Prolific poacher’ sentenced for selling untested shellfish to Alaska restaurant

Tue, 26 May 2026 16:06:05 +0000


The Alaska judge called Michael Duby a 'danger' to the community for selling untested shellfish to a restaurant

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Siggs leaves Global Seafood Alliance for global risk management firm

Tue, 26 May 2026 15:53:14 +0000


Siggs will lead LRQA's global seafood strategy across aquaculture, wild-capture fisheries and end-to-end seafood supply chains

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Brazil’s Noronha Pescados looks to grow Popeye brand in Middle East

Tue, 26 May 2026 13:28:31 +0000


The seafood processor, which does business in the US as Sailorman Foods, has opened a new Sailorman Trading entity in Abu Dhabi

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US scallop landings volume maintains sawtooth pace; price changes vary by size

Tue, 26 May 2026 12:47:53 +0000


'Seasonal landings have improved, though production remains concentrated in 10-20 and 20-30 counts, keeping more supply available across those categories and limiting broader upside' -- Lorin Castiglione, senior UCN price analyst

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NZ King Salmon again upgrades earnings guidance, ups FY28 salmon harvest

Tue, 26 May 2026 10:38:55 +0000


The New Zealand salmon farmer only lifted its EBIT range in April, but has done so again, while the 'progressive increase in harvest reflects a clear path to scale'

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Week 22 farm-gate shrimp roundup: Indian prices slide amid harvests as UCN global index falls to all-time low

Tue, 26 May 2026 10:31:16 +0000


Indian farm-gate prices slide for a second consecutive week as China's disease-driven rally deepens, according to UCN's latest global roundup

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