Undercurrent News

Canada urged to allow commercial-scale mackerel fishery as US quota surges

Fri, 10 Jul 2026 13:05:59 +0000


'While Newfoundland and Labrador harvesters watch mackerel pass by, American harvesters are benefiting from Canada's closed fishery. This is not acceptable' -- FFAW president Dwan Street

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Proximar plans to borrow another $10m, engages bank to seek industrial investor

Fri, 10 Jul 2026 11:55:41 +0000


CEO Joachim Nielsen said he was 'pleased with the continued support from our banks and investors, which secures our near-term liquidity and allows us to keep full attention on operations'

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Ecuador shrimp prices for Europe soften amid China plant suspensions

Fri, 10 Jul 2026 10:24:31 +0000


Seasonal demand and a softer price trend in China -- Ecuador's key vannamei shrimp importer -- have been cited as drivers of European market

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Ecuador’s CNA backs China talks to resolve shrimp export restrictions

Fri, 10 Jul 2026 09:53:32 +0000


Ecuador is seeking talks with China after a fresh wave of shrimp import restrictions and plant suspensions added pressure on exporters, even as trade continues

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US seafood exporters get reprieve as EU prolongs catch certificate grace period

Fri, 10 Jul 2026 09:45:01 +0000


The EU has extended catch certificate flexibilities for US seafood exports to Nov. 30, easing pressure from its new CATCH traceability system

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Blumar, Vimar ordered to pay fine to deceased diver’s family as appeal upheld

Fri, 10 Jul 2026 09:43:32 +0000


The original court ruling for the incident, which took place in 2017, found the diver's death was directly related to a breach of depth restrictions, as he had descended to 38m

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Aker BioMarine wins major new customer for krill oil brand as sales climb

Fri, 10 Jul 2026 09:38:04 +0000


In Q2, the firm's overall revenues were up 5% year-on-year to $57.9 million, driven by a 21% lift in krill oil sales

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Iceland salmon CEOs call for gov’t framework, warn competitiveness, investments already waning

Fri, 10 Jul 2026 09:13:18 +0000


'Investments have decreased significantly and major projects such as the development of fry farming, processing and packaging production have been put on hold' -- farming CEOs

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Russian processor’s quotas transferred after tsunami-hit plant closes

Fri, 10 Jul 2026 09:07:19 +0000


Rosrybolovstvo has transferred the company's quotas to JSC North Kuril Seiner Fleet Base, including 22% of the cod quota and 24% of the scallop quota in the North Kuril subzone

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World’s ‘most technologically advanced’ astaxanthin plant to seek funds before 2027 groundbreaking

Fri, 10 Jul 2026 07:42:57 +0000


Myskopun's energy-intensive use of LED stacks makes for very high productivity, with the company's designs aiming for 4.0 metric tons of the pigment annually

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