Undercurrent News

Royal Greenland expects coldwater shrimp ‘over-demand’ to keep prices high

Thu, 30 Apr 2026 10:21:17 +0000


Company executives told Undercurrent the situation requires constant attention to product mix, as demand in various shrimp markets climbs

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Norcod decides on $11m fundraise, targets upscaling, H2 profitability

Thu, 30 Apr 2026 10:12:32 +0000


A NOK 100m private placement will come alongside NOK 170m of new debt financing and a loan from Innovation Norway of NOK 50m

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Aker BioMarine Q1 revenue jumps 13% on record krill oil sales

Thu, 30 Apr 2026 10:11:27 +0000


Krill oil sales hit an all-time quarterly high of $29.3m, up 26%, lifting Human Health Ingredients revenue 22% to $31.8m

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UK tribunal rejects $510m collective suit against salmon ‘cartel’ as consumer benefit too low

Thu, 30 Apr 2026 10:01:06 +0000


The UK Competition Appeal Tribunal believes the appeal, on behalf of 35m-44m British consumers, would not provide sufficient payout to justify continuing the case

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Norway restricts power to new aquaculture in north, worrying seafood sector

Thu, 30 Apr 2026 09:54:18 +0000


Industrial reservation for a modern land-based fish farming facility would consume the energy equivalent of 1,500-2,000 Norwegian households, according to state-owned Statnett

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NZ King Salmon’s new wellboat arrives, will deliver first fish to pilot offshore site

Thu, 30 Apr 2026 09:44:50 +0000


The first salmon are anticipated to be delivered to the Blue Endeavour open-ocean pilot farms via the Ronja King wellboat in late May/early June

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Spain’s Galician fleet nears end of Falklands campaign with strong loligo squid haul

Thu, 30 Apr 2026 09:42:37 +0000


Spain's Galician fishing fleet is nearing the end of its first Falklands campaign with a haul exceeding 42,000t of loligo squid

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EU-Mercosur deal cuts tariffs on Argentine seafood after 25 years of talks

Thu, 30 Apr 2026 09:40:34 +0000


The EU has begun cutting tariffs on key Argentine seafood exports as the long-delayed EU-Mercosur trade agreement enters into force on May 1

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Iceland’s Kaldvik appoints new CFO

Thu, 30 Apr 2026 09:35:01 +0000


Thorunn Ragnarsdottir, previously at the European Free Trade Association, inherits a balance sheet under pressure after weak performance at the company's salmon farms in Iceland's eastern fjords

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Russia allocates higher South Pacific jack mackerel quota for 2026

Thu, 30 Apr 2026 09:32:28 +0000


The increase follows a decision by the South Pacific Regional Fisheries Management Organisation to raise Russia's jack mackerel quota by 7.9%

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