Undercurrent News

Japanese surimi giant Kibun targets sales doubling with M&A, new plant, overseas push

Wed, 10 Dec 2025 23:02:03 +0000


Despite a shrinking domestic market, the Japanese surimi giant aims to reach about $1.6bn in sales by 2038, with 30%coming from overseas sales

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Vietnam renews IUU crackdown in ongoing bid to lift EU yellow card

Wed, 10 Dec 2025 22:34:05 +0000


Vietnam has stepped up its year-end IUU crackdown as the prime minister orders a decisive final push to lift the EU's yellow card in 2025

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Big Chinese-owned Canadian lobster processor’s lawsuit against former managers for launching rival drags on

Wed, 10 Dec 2025 17:49:34 +0000


Atlantic Chican Seafood seeks CAD 5 million from rival Independent Fisheries in its recently amended lawsuit

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Week 50 US wholesale prices: Farmed salmon complex firms; sluggish demand dunks frozen tilapia

Wed, 10 Dec 2025 17:44:40 +0000


UCN's week 50 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, lobster, groundfish, farmed whitefish and scallops are available on our new platform

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Entangled whale off US state of Georgia declared ‘serious injury’ case

Wed, 10 Dec 2025 17:43:05 +0000


The North Atlantic right whale, identified as a juvenile male, is the 168th individual documented by NOAA in the ongoing Unusual Mortality Event

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Ecuadorian shrimp price declines continue in China as weak demand persists

Wed, 10 Dec 2025 17:38:47 +0000


Every Wednesday, UCN publishes price assessments for Ecuador vannamei shrimp, CFR China, then also in the Chinese wholesale market

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US shrimp RAS pioneer pleads not guilty to fraud, money laundering, theft charges

Wed, 10 Dec 2025 16:01:44 +0000


Now that the plea has been entered, the case moves into the discovery phase

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Fast-acting local agreement salvages imperiled Alaska red king crab catch

Wed, 10 Dec 2025 16:01:15 +0000


'We needed to get some agreement in place within like 12 hours' -- Vince Tutiakoff Sr., City of Unalaska, Alaska

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Massive fire devastates Icelandic Iberica shrimp processing plant in Argentina

Wed, 10 Dec 2025 15:43:09 +0000


A fast-moving fire ripped through the Icelandic Iberica–owned Achernar shrimp plant in Puerto Madryn late Friday, destroying key facilities and forcing a rapid evacuation of workers

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Mark Foods, Bristol Seafood join growing parade of US businesses to file suit against Trump tariffs

Wed, 10 Dec 2025 15:35:24 +0000


The two companies join tuna giant Bumble Bee, importer Netuno USA and roughly 100 other large businesses across the US in taking legal action against the Trump tariffs ahead of an expected US Supreme Court decision

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