Undercurrent News

Alaska, Washington governors’ preferred US North Pacific council nominees nixed

Mon, 29 Jun 2026 17:45:50 +0000


US commerce secretary Howard Lutnick sidestepped the first choices of Washington and Alaska state governors and removed a vocal Bering Sea crab industry leader

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US Senate bill would set tariff-rate quotas on shrimp, pangasius, catfish, crawfish

Mon, 29 Jun 2026 17:31:40 +0000


'Whether it is crawfish, shrimp, rice, or catfish, America cannot let foreign competitors flood our markets and push our producers out of business' -- US senator Bill Cassidy

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US reduces trade barriers by reclassifying squid, cuttlefish, octopus as shellfish

Mon, 29 Jun 2026 17:21:17 +0000


Resolving the issue could save affected small businesses at least $2.8 million, according to the US Small Business Administration

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After ‘Endless Shrimp,’ Red Lobster looks to hook customers with return of ‘Crabfest’

Mon, 29 Jun 2026 17:14:30 +0000


The 2026 promotion leans heavily on the "Crab Your Way" entree, which offers a pound of snow crab legs and sides for $34.99

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Alaska wild salmon fishing opens across Bristol Bay

Mon, 29 Jun 2026 17:05:59 +0000


The 32-foot drift net fleet is harvesting sockeye salmon across Bristol Bay as managers have begun opening all districts to commercial fishing

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US wholesale: Week 27 ‘market pulse’ updates available on key seafood commodities

Mon, 29 Jun 2026 16:10:11 +0000


Undercurrent's week 27 'market pulse' updates on US wholesale markets for various key commodities are available on our new platform 

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Red Lobster creditors sue Thai Union, say shrimp giant engineered collapse

Mon, 29 Jun 2026 16:00:19 +0000


'Instead of considering the interests of Red Lobster and all its stakeholders during this critical period -- as its control over the company obligated it to do -- Thai Union doubled down on a campaign to squeeze out every drop of value that it could...'

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China wholesale shellfish prices: Dungeness hits fresh year-low, American lobster rise

Mon, 29 Jun 2026 14:56:15 +0000


Every Monday, UCN publishes a market assessment of imported live crustaceans on Shanghai's wholesale markets, covering various species of crab and lobster

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Chilean bank holiday supports salmon prices to Brazil

Mon, 29 Jun 2026 14:06:53 +0000


Supply conditions have reportedly improved following the return of additional volume from two Chilean farmers

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Argentina moves toward adoption of red shrimp quota system as part of big fisheries overhaul

Mon, 29 Jun 2026 13:56:34 +0000


Government authorities are already working on technical models to determine how fishing rights would be distributed across the fleet, using criteria set out in the Federal Fisheries Law

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