Undercurrent News

SalMar’s high price for Masoval hinges on $35m annual synergy prospects, say analysts

Thu, 09 Jul 2026 10:51:25 +0000


While at first glance SalMar has agreed a steep price for Heimsto's 70% stake in Masoval, sector analysts believe the deal should pay off in the long-run

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NZ gov’t backs iwi mussel nursery to tune of $2.5m

Thu, 09 Jul 2026 10:44:32 +0000


The Te Hiku Aquaculture Mussel Spat Project in Houhora Bay, Northland, is progressing through the government's fast-track consenting process

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Nordic Halibut brings first fish into new juvenile facility

Thu, 09 Jul 2026 10:37:21 +0000


The facility is the centerpiece of the firm's long-term expansion strategy, a purpose-built, land-based juvenile unit that will receive its first fish in July, ahead of becoming fully operational in 2027

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Greek bream at record highs in Milan, bass prices steady

Thu, 09 Jul 2026 10:35:08 +0000


Large seabream from Greece reached record highs in week 28, while seabass prices remain above last years levels

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Norwegian ex-vessel prices for male king crab drop, females remain flat

Thu, 09 Jul 2026 10:21:00 +0000


Male king crab ex-vessel prices saw a decrease in Norway during week 27, while female prices show barely any changes, according to auction data

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US clears final permit for Gulf of Mexico offshore aquaculture trial after 8-year process

Thu, 09 Jul 2026 10:14:22 +0000


The US has issued the final permit for the Velella Epsilon offshore aquaculture trial, clearing the project to proceed after an eight-year process

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Cabo Virgenes buys Argentine shrimp plant, freezer trawler with US growth in mind

Thu, 09 Jul 2026 10:03:03 +0000


Argentina's Cabo Virgenes has completed the acquisition of a rival, adding a processing plant focused on red shrimp and a freezer trawler, as it seeks to grow sales in the US market

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Peru jumbo flying squid prices continue to fall in China, Argentine illex steady

Thu, 09 Jul 2026 09:57:37 +0000


Peru has increased its jumbo flying squid quota by another 50,000 metric tons

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World’s largest independent broker hires Aon specialist to lead aquaculture push

Thu, 09 Jul 2026 09:51:09 +0000


The world's largest independent insurance brokerage has hired aquaculture specialist Didrik Smith from Aon to lead its global push into the fast-growing sector

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Japan seeks 25% boost in large Pacific bluefin tuna quota

Thu, 09 Jul 2026 09:45:43 +0000


Tokyo pushes harvest strategy proposal as negotiations begin at WCPFC meeting in Nagasaki, Japan

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