Undercurrent News

Trident finalizes sale of Ketchikan plant to Silver Bay Seafoods

Wed, 24 Apr 2024 17:34:28 +0000


The deal for Ketchikan expands Silver Bay's current canning capacity, as was previously reported by Undercurrent News

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High Liner ‘well prepared’ for expanded Russia ban, may still bring in some haddock

Wed, 24 Apr 2024 14:58:43 +0000


High Liner is prepared for the expanded US ban on Russian seafood processed in third countries, scheduled to take effect on June 1, CEO Paul Jewer told Undercurrent News at Seafood Expo Global

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Cousins Maine Lobster adds 65th unit in Rhode Island

Wed, 24 Apr 2024 14:52:14 +0000


Todd Nelson is having his son and daughter join him as owners of his three-unit lobster truck franchise

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ISV announces retirement of Dennis LaPorte

Wed, 24 Apr 2024 14:39:19 +0000


LaPorte, who most recently served International Seafood Ventures as its vice president of sales and purchasing, will continue to provide consulting services to the company

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Kroger, Albertsons to sell more stores as part of US mega grocery chain merger

Wed, 24 Apr 2024 14:04:24 +0000


The expanded selloff to C&S Wholesale Grocers is the latest attempt by the US grocery retailers to ease regulators' concerns over the proposed $25 billion deal

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Canadian salmon farmers point to historic production drop in call for policy shift

Wed, 24 Apr 2024 14:02:55 +0000


Canada's farm-raised salmon production plummeted from its peak of 148,000 metric tons in 2016 to a mere 90,000t in 2023

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Fishery disasters declared in US states of Washington, Alaska

Wed, 24 Apr 2024 13:55:29 +0000


The US commerce secretary last week issued disaster determinations for three salmon fisheries spanning from 2021 to 2022

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Canada could see local salmon prices rise by $30/kg by 2026 as a result of BC farm closures, study warns

Wed, 24 Apr 2024 13:50:14 +0000


Canada's farmed salmon imports rose by 20,000 metric ton to 86,387t in 2022 due to reduced local production, says study

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AquaBounty secures $10m loan, using both US farms as collateral

Wed, 24 Apr 2024 13:12:49 +0000


As the land-based salmon producer's debt mounts and revenues dwindle, the next several months will serve as a pivotal juncture in its high-stakes battle for survival

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Support continues for Canadian northern cod improvement project

Wed, 24 Apr 2024 12:22:48 +0000


'Nobody wants to repeat what we had 33 years ago' -- Alberto Wareham, Icewater Seafoods

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