Undercurrent News

Japan’s Kibun names new president amid governance push, revised growth plan

Wed, 24 Jun 2026 22:23:17 +0000


New president Hiroshi Kunimatsu joins a leadership team led by Masayuki Ochiai and Hiroshi Tsutsumi as Kibun targets profit recovery through governance reforms and overseas growth

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Lawsuit against US federal geoduck farm permits to advance

Wed, 24 Jun 2026 17:20:15 +0000


The legal challenge is another escalation in a years-long effort to constrain streamlined permitting for commercial shellfish farming on the US West Coast

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Week 26 US wholesale prices: Wild-caught Alaska salmon softens as pollock firms; coldwater lobster tails continue climb

Wed, 24 Jun 2026 17:03:05 +0000


UCN's week 26 price assessments and market wrap-ups for US wholesale prices for crab, crabmeat, salmon, shrimp, lobster, groundfish, farmed whitefish and scallops are available on our pricing platform

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Alaska golden king crab TAC in Aleutian Islands up 13%

Wed, 24 Jun 2026 16:43:41 +0000


'This year’s TAC reflects the long-term stability of the resource' -- Mark Pedersen, Keyport

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First US West Coast buyers settle in class action Dungy price-fixing suit

Wed, 24 Jun 2026 16:22:14 +0000


'These ice breaker settlements from a couple smaller defendants well-position the plaintiffs to successfully prosecute their claims against the remaining defendants' -- Stuart Gross, plaintiffs' attorney

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Newfoundland snow crabbers eye early finish for 2026 season

Wed, 24 Jun 2026 15:49:15 +0000


'For the most part, people are looking at being finished up by June 30, or the first week in July at the latest' -- Lorelei Roberts, Association of Seafood Producers

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Red Lobster leaves Hawaii after three decades

Wed, 24 Jun 2026 15:46:02 +0000


'This closure reflected specific decisions tied to the unique operating conditions at this restaurant' -- Red Lobster spokesperson

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Bristol Bay sockeye season builds as Port Moller matches 2022 bumper-run pace

Wed, 24 Jun 2026 15:42:35 +0000


Bristol Bay sockeye harvest rates remain below levels often reached at this point during previous years

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Ecuador shrimp offers to China largely steady in week 26 amid logistical, regulatory pressures

Wed, 24 Jun 2026 15:32:37 +0000


Overall prices saw only marginal adjustments, as the sector dealt with record rejections for sodium metabisulfite levels in May and with congestion at the Tianjin port persisting 

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Alaska CDQ group brings back Weber for expanded sales role

Wed, 24 Jun 2026 15:25:59 +0000


'His familiarity with our longline customers and operations gives us a strong foundation to build on' -- Nick Souza, Coastal Villages Region Fund

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