Spanish court limits recovery for Pescanova investors to 2.5% of €187m claims

Wed, 03 Dec 2025 11:26:15 +0000


A Spanish commercial court has dealt a major blow to six investment firms seeking to recoup losses from the collapse of Pescanova, ruling they will recover only 2.5% of their €187m in claims

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Serial Norwegian aquaculture investor arrives in Iceland

Wed, 03 Dec 2025 11:24:59 +0000


The investor referred to in Norwegian media as the 'anonymous rental king' has investments in seven of the country's young aquaculture firms, and now has one in Iceland too

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Russian H&G pollock prices rise close to all-time high for week 49

Wed, 03 Dec 2025 11:24:44 +0000


As for large volume contracts for early 2026, there are already reports of deals done for levels that are some $220-$270/t over the average levels for the first quarter of 2025

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Bottom fishing alliance presses Brussels to hold line on trawling restrictions

Wed, 03 Dec 2025 11:24:12 +0000


The European Bottom Fishing Alliance used its first meeting with EU fisheries commissioner Costas Kadis to push for stable, science-based rules over what it called politically driven closure

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Norway’s seafood exports decline in November as salmon surge tails off

Wed, 03 Dec 2025 11:23:45 +0000


Norway's total seafood exports in the latest month fell by 4% y-o-y, with even record prices unable to compensate for the loss of wild catch volumes and weaker salmon sales

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Russian H&G Atlantic cod, haddock prices keep rising with Norway stable

Wed, 03 Dec 2025 11:21:41 +0000


Undercurrent News adjusted its week 49 CIF China price assessment on frozen/trawled 1-2kg Russian Atlantic cod up by $150/t week-on-week, or 2%

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Irish fish processor closes amid escalating operating costs

Wed, 03 Dec 2025 11:19:16 +0000


The shutdown results in the loss of about 30 jobs

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Revenue drops, losses widen for Barramundi Group in delayed 2024 earnings release

Wed, 03 Dec 2025 11:14:09 +0000


The Singaporean firm, which farms barramundi in Brunei, is in a significantly different financial position at the end of 2025 than it was a year ago

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UK shrimp processor Libra’s profits surge after buyout by trading firm

Wed, 03 Dec 2025 11:09:08 +0000


Libra Seafood was acquired in December 2023; the first financial report under the new ownership shows a business with good momentum

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Environmentalist calls for UK’s King Charles to drop Scottish salmon smoker

Wed, 03 Dec 2025 11:01:56 +0000


Scottish Salmon Watch -- which was founded by environmentalist Don Staniford -- claimed that Scottish smokehouse Inverawe continued to source salmon from Mowi, which has recently lost its own royal endorsement 

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