SeafoodSource - Latest News and Information
The International Atomic Energy Agency has launched a five‑year research initiative to combat seafood fraud using nuclear and related technologies. The project will develop isotopic and molecular fingerprint databases that enable participating nations to verify species, origin, and processing claims. Techniques such as stable isotope ratio analysis, nuclear magnetic resonance spectroscopy, and high‑resolution mass spectrometry will form the analytical backbone. Upon completion, the data and methods will be freely shared with scientists and regulators across member states.
European Fisheries Commissioner Costas Kadis called for a swift shift of EU commercial fishing fleets away from fossil fuels as global fuel prices surge amid the Iran conflict. Spain pledged €25 million and France offered a €0.20‑per‑liter fuel rebate to ease...
The Newfoundland and Labrador Standing Fish Price‑Setting Panel announced a minimum snow crab price of CAD 5.30 per pound for the 2026 season, up from CAD 4.97 in 2025. The decision proceeded despite the Fish Food and Allied Workers Union (FFAW) abandoning...
Atlantic Sapphire, a land‑based salmon farmer, secured a $10 million bridge loan split into two $5 million tranches to alleviate a cash‑flow crunch. The company continues to pursue EBITDA breakeven, targeting its first positive EBITDA by the end of 2026 and a...
The Fifth Circuit Court of Appeals ruled that the Gulf of Mexico Fishery Management Council’s pocket‑veto authority is unconstitutional, but it left Amendment 54 – which sharply reduces commercial amberjack quotas in favor of recreational anglers – intact. The decision follows...
Ecuador’s shrimp farming sector posted a record $7.47 billion in export revenue last year, shipping 3.07 billion pounds of product. While China, Europe and the United States absorb over 90 % of shipments, sales to Japan rose 35.6 % in volume and 48.6 % in...
U.S. Representative Tim Walberg introduced the Responsible Cormorant Management and Control Act to establish a science‑driven, regional framework for culling double‑crested cormorants that threaten Great Lakes fisheries. The bill would task the Interior Secretary with working alongside Regional Flyway Councils...
ThayerMahan successfully completed an 18‑day anti‑IUU fishing demonstration with NOAA Fisheries in the Gulf of Maine, using its uncrewed Outpost floating platform. The system detected and classified vessels, including those with disabled AIS, and streamed data to the U.S. Naval...
U.S. seafood retail volume slipped 2.8% during Lent as high gas prices and grocery inflation squeezed household budgets, yet dollar sales rose 4.4% thanks to a 6.6% price‑per‑unit increase. Shelf‑stable products, especially tuna and salmon, posted double‑digit dollar growth, while...
Portugal’s NOVA.ID.FCT has launched the AERO2cycle consortium to convert fishery by‑products—scales, skin, bones—into biochar‑based aerogels that capture carbon dioxide. Funded by the national science foundation and partnered with universities in Portugal, Spain, and Italy, the initiative targets a pilot‑scale technology...
Newfoundland’s Fish Food and Allied Workers Union (FFAW) has again denounced the provincial snow‑crab price‑setting process as inadequate, accusing the Association of Seafood Producers (ASP) of offering a price below last year’s level despite a stronger market. After 13 hours...
Escalating fuel costs have forced more than 40% of Thailand’s commercial fishing fleet to dock. Fuel prices jumped nearly 120% in a month, making trips financially unsustainable. The government responded with a seven‑point aid package, including a discounted biodiesel subsidy,...
Vietnamese shrimp farms are turning to AI to curb rising production costs and protect thin profit margins. ESG uses weather stations, satellite data and underwater cameras to automate feeding and prevent waste, while RYNAN’s TOMGOXY system balances dissolved oxygen and...
AquaChile, Chile's largest salmon farmer, will power its 270‑truck transport fleet with renewable BioLNG starting in 2025. The BioLNG, produced by partner Lipigas from agricultural waste, can run on existing LNG equipment, enabling a seamless transition. The switch is projected...
Norwegian farmed Atlantic salmon prices slipped again ahead of Easter, marking a second consecutive weekly decline. The Sitagri Salmon Index reported a 5.4% week‑over‑week drop for the 3‑6 kg category, with the average price falling to NOK 91.01 per kilogram (≈ USD 9.41). The...
Pure Salmon Japan has secured an additional USD 180 million, raising total project funding to USD 640 million for its land‑based salmon farm in Tsu, Mie Prefecture. The facility, designed as a recirculating aquaculture system, will have a 10,000‑metric‑ton capacity, making it Japan’s largest...
ClientEarth and Oceana have taken their lawsuit over alleged illegal fishing by Spanish‑owned vessels off Senegal and Guinea Bissau to Spain’s Supreme Court after the Madrid High Court dismissed the case. The NGOs allege the vessels routinely switch off AIS and...
Richard Wright, a former oil‑and‑gas geophysicist, founded Ocean Advisor to apply four‑dimensional seismology and probability modeling to commercial fishing. The California‑based startup delivers daily, AI‑driven species probability maps that help fleets locate high‑catch zones while cutting tow time. Early adopters...
The U.S. Gulf menhaden fishery has been recertified to the Marine Stewardship Council (MSC) standard following a comprehensive audit by SCS Global Services. First certified in 2019, the fishery undergoes five‑year recertification cycles with annual surveillance audits. The recertification addresses...
High Liner Foods announced on March 31 that it will lay off 35 office employees, roughly 9% of its North American office workforce, to better align its cost structure with current market conditions. The cuts follow a disappointing fiscal 2025,...
Red Lobster, the Orlando‑based seafood chain, has shuttered two underperforming restaurants – one in Michigan and another in Texas – as part of its post‑bankruptcy turnaround. The company, which filed for Chapter 11 in May 2024, has rolled out new menu items,...
Updated Dietary Guidelines for Americans now place seafood at the top of an inverted food pyramid and recommend three servings per week, up from two. Pacific Seafood, the Wild Alaska Sole Association, and the National Fisheries Institute are mobilizing to...
Virginia has awarded a $248,000 grant to Wanchese Fish Company to expand its blue catfish processing capacity in Suffolk. The funding, part of the Governor’s Blue Catfish Processing, Flash Freezing, and Infrastructure Grant Program, aims to increase annual purchases from...
Maine regulators mandated minute‑by‑minute GPS devices on every commercial lobster vessel in 2023, enabling 24/7 location tracking even when boats are docked. Five lobstermen, led by Frank Thompson, sued, claiming the rule violates their Fourth Amendment rights and constitutes invasive...
Japanese seafood giant Nissui will rename its salmon subsidiary Yumigahama Suisan to Nissui Salmon Co. effective 1 April 2026. The rebrand supports the group’s Good Foods 2030 strategy, specifically the second‑stage Good Foods Recipe 2 focused on supply‑chain resilience. Nissui aims to produce...
