Undercurrent News

Demonstrated cashflow now essential for seafood companies seeking investment, international panel agrees

Tue, 28 Apr 2026 14:03:45 +0000


'[Now] your project has to achieve much higher returns to really attract capital and to be successful' -- Fawaz Habel, Northcore Capital

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PanaPesca sales manager returns after 2-year stint with specialty Italian food distributor

Tue, 28 Apr 2026 13:12:55 +0000


Daniel Serio, who is based in Denver, Colorado, will serve as PanaPesca USA's newest regional sales manager

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Week 18 farm-gate shrimp roundup: Indian harvest looms over fragile market; Ecuador weakness spreads

Tue, 28 Apr 2026 10:34:48 +0000


Vannamei shrimp prices in Andhra Pradesh, India, held broadly flat for a third straight week, but Ecuadorian farm-gate prices accelerated their multi-week slide in week 18, according to Undercurrent's latest global roundup

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Belgium’s Salty John expands again with deal for processor

Tue, 28 Apr 2026 10:33:23 +0000


Salty John's founder said the deal -- the second in as many months -- strengthens the backbone of the firm ahead of more M&A to come

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Sea Harvest’s record year may represent hake’s peak, with high fuel costs, TAC cuts ahead

Tue, 28 Apr 2026 10:30:23 +0000


Feverish EU whitefish demand saw South Africa’s largest fishing group deliver its strongest annual results yet for 2025, but fuel prices and a quota cut mar the outlook for this year

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EU pollock processors, Russian suppliers meet in Barcelona to discuss EU license ‘crisis’

Tue, 28 Apr 2026 10:19:49 +0000


EU pollock buyers billed the situation as a 'crisis' during the SEG show, where prices for fillet blocks are rocketing and lower volumes are available for the European market

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Russia pollock surimi prices to rise 15% as shift to PBO, H&G cuts output

Tue, 28 Apr 2026 09:53:23 +0000


'Fillet prices at around $4.30-$4.40/kg FOB Busan would normally serve as the benchmark, but given the current supply-demand balance, it will be difficult to lift surimi prices to that level' -- a Russian sales executive

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VC-backed Indonesian aquatech firm plans UK frozen shrimp brand launch

Tue, 28 Apr 2026 09:44:18 +0000


'We have innovated in farming, so it's a natural evolution to look to innovate on the shelf,' said Alex Farthing, CCO of Indonesia's Delos of plan to launch Naughty Prawns brand in UK retail

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Karavela moves from Pacific to jack mackerel as Atlantic prices soar

Tue, 28 Apr 2026 09:32:14 +0000


High Atlantic mackerel prices have driven downstream players to source alternative species, which now face their own supply-side issues

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Norway’s Sinkaberg grows salmon output despite weak prices, backed by newly listed Bewi

Tue, 28 Apr 2026 09:31:14 +0000


Norway’s Sinkaberg lifted harvest volumes and maintained strong biological performance in 2025 despite weaker salmon prices, shareholder Bewi Invest said

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