EU Moves Forward on Trade Deal with US
The European Union announced on May 20 that it will implement tariff reductions agreed in the 2025 EU‑U.S. joint statement, eliminating duties on most U.S. industrial goods and granting preferential access for U.S. seafood and certain agricultural products. The deal also suspends tariffs on lobster imports, including processed lobster. A dedicated safeguard mechanism lets the EU re‑impose duties if imports threaten domestic producers. The agreement builds on the Trump administration’s 2025 trade proposal that set a 15% U.S. tariff on EU goods while the EU offered zero tariffs on many U.S. items.
Salmones Austral Opens New Commercial Office in Japan
Salmones Austral inaugurated a Tokyo commercial office, branded Japón Austral, to run direct operations across Asia (excluding China). The move aims to tighten client relationships, speed up the supply chain and capture growth in the region’s demanding seafood market. With...
Chile Relaxes Regulation to Clear Path for Multitrophic Aquaculture at Salmon Farms
Chile’s Undersecretariat of Fisheries and Aquaculture (Subpesca) is amending a 2021 resolution to allow macroalgae cultivation alongside salmon farming. The change removes the need for a technical concession modification, streamlining approval under the 2025 Framework Law on Sectoral Authorizations. Multitrophic...
BioMar Pursuing IPO with First Day of Trading on 28 May
Denmark’s BioMar Group A/S is launching an IPO on Nasdaq Copenhagen, with trading slated for 28 May. The offering price is set between DKK 100 and DKK 108 (approximately $15.55‑$16.79) per share, and cornerstone investors have committed DKK 1.35 billion (about $210 million). The float aims...
Port Moller Test Fishery Celebrates Scientific Achievements in Its 60th Year Examining Bristol Bay
The Port Moller Test Fishery (PMTF) celebrated its 60th year of salmon stock research in Alaska’s Bristol Bay, a program now run by the Bristol Bay Science and Research Institute (BBSRI). The fishery conducts daily water‑temperature and genetic tests each...
US Coast Guard Pays USD 15.5 Million for Drone Vessels to Patrol Great Lakes, Northeast and Detect IUU Fishing
Saildrone has secured a $15.5 million contract to deliver 16 Voyager unmanned surface vehicles to the U.S. Coast Guard. The autonomous 10‑meter USVs will be stationed in the Great Lakes and the Northeast Atlantic to boost border security and detect illegal,...
Chicken of the Sea Frozen Foods Expands National Broker Network, Appoints Drew Watts as Senior VP
Chicken of the Sea Frozen Foods announced a major expansion of its foodservice broker network, adding more than 200 in‑market representatives to cover all 50 U.S. states. The move targets key segments such as group purchasing organizations, multi‑unit operators, convenience...
Texas Shrimpers Ask Trump Administration for More H-2B Visas Amid Labor Shortage
U.S. Rep. Vicente Gonzalez has asked the Trump administration to exempt Texas shrimpers from the H‑2B visa cap, citing severe labor shortages as the commercial season starts July 15. NOAA reports an implicit daily wage of $215, which is low...
Monterey Bay Aquarium Names New CEO; Seafish Hires Director of Operations
Monterey Bay Aquarium announced Jenny Gray as its new CEO, succeeding founder Nancy Burgermeister. Gray arrives after a 19‑year tenure leading Zoos Victoria and serving as president of the World Association of Zoos and Aquariums, positioning her to deepen the...
With New Standards and New Logo, ASC Continuing to Push for Sustainability in Aquaculture
The Aquaculture Stewardship Council (ASC) unveiled a unified Farm Standard that consolidates 11‑12 species‑specific rules and previewed a Version 1.1 feed standard, both still in implementation. The new standards aim for greater consistency, animal‑welfare focus, and clearer human‑rights criteria while balancing...
US Lawmakers Request Broad Section 301 Investigation Into Foreign Seafood
U.S. Representatives Troy Carter and Clay Higgins have asked the U.S. Trade Representative to launch a broad Section 301 investigation into unfair practices across the global seafood supply chain. The request targets more than 20 exporting nations and is backed by...
Ecuador’s Aquaculture Chamber Looking to Attract More Investments in Nation’s Shrimp Industry
Ecuador’s National Aquaculture Chamber (CNA) is courting new capital to accelerate the country’s shrimp‑farming sector, positioning it as a consolidated, investment‑ready hub. The chamber highlighted a recent $360 million Mitsui stake in Santa Priscila as a proof point and noted that the...
S2G Investments Closes New USD 1 Billion Fund
S2G Investments announced the closing of its new Solutions Fund I, a $1 billion vehicle that will back growth‑stage companies in food, energy and ocean sectors across North America and Europe. The fund follows a 2020 $100 million ocean‑focused fund and already has...
Irish Wholesaler Warns Cod Prices Nearing Limit of What Buyers Are Willing to Pay
Irish wholesale firm Nick’s Fish says cod prices have surged to €26‑27 per kilogram (about $30.6‑$31.7), a multi‑year high driven by tighter quotas, rising fuel costs and transport surcharges. CEO Nick Lynch warns the price level may be the elasticity...
Fish Oil, Fishmeal Production Down in March Ahead of Lower Peru TAC
Global fishmeal production plunged 38% in March 2026 and was 28% lower in Q1 compared with the same period last year, according to IFFO. Fish oil output fell 12% in Q1 2026, with Denmark, Norway and Spain providing most of...