Undercurrent News

Week 18 US wholesale prices: Norwegian salmon nosedives; Live lobster, tails tank; 2x cod, haddock keep rising

Wed, 30 Apr 2025 16:51:38 +0000


UCN's week 18 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, frozen lobster, groundfish, farmed whitefish, scallops, crab and salmon are available on our new platform

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Investor-backed Mexican bluefin rancher buys pelagic supplier

Wed, 30 Apr 2025 16:10:58 +0000


The investor consortium that bought Baja Aqua Farms in 2023 is strengthening its vertical integration with the purchase of the pelagic fishing firm, which also manufactures fishmeal and fish oil

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Big scallops dominate, landing prices jump in week 4 of new US season

Wed, 30 Apr 2025 16:05:27 +0000


'Volumes of larger sizes, most notably from the Gulf of Maine, contributed to a temporary flush of volume and easing prices on larger counts' -- Lorin Castiglione, UCN's head of price reporting for the Americas

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US Coast Guard finds $74m worth of cocaine on ‘suspicious fishing vessel’

Wed, 30 Apr 2025 15:56:15 +0000


The US Coast Guard reports that its cutter Calhoun apprehended five suspected smugglers and seized approximately 10,000 pounds of cocaine in international waters

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US lobster roll truck chain surpasses 85 units with continued growth plans

Wed, 30 Apr 2025 15:15:45 +0000


Cousins Maine Lobster, a food truck that found fame on 'Shark Tank,' has additional expansion plans for 2025

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Fortune accuses $500m Norwegian salmon giant’s new US entity of unlawfully going direct to Boston Sword customers

Wed, 30 Apr 2025 15:12:38 +0000


Vikenco used 'stolen information to set up a competing business and to engage in direct competition' with Boston Sword and to solicit its US clients, Fortune alleges in lawsuit 

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US state settles with Clearwater, two seafood distributors for nearly $400k over heavy metal contamination

Wed, 30 Apr 2025 15:09:32 +0000


The settlement stems from a 2020 lawsuit filed by the US state of California against five seafood companies

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Panama targets hidden vessel owners to combat illegal fishing

Wed, 30 Apr 2025 14:46:28 +0000


Global Fishing Watch CEO Tony Long praised Panama’s efforts, calling the move a model for effective ocean governance

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US judge weighs seizure of Alaska-bound freezer barge ahead of Bristol Bay salmon season

Wed, 30 Apr 2025 14:39:54 +0000


'The vessel is being prepared for the 2025 Bristol Bay salmon season in Alaska and needs to begin its journey north in about one month' -- Ben Blakey, Northline Seafoods

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Shifting sands cause problems for Canada’s Prince Edward Island lobster boats

Wed, 30 Apr 2025 14:24:59 +0000


Fishermen say the lack of sea ice during the winter has compounded the problem, and more harbors need to be dredged to clean up the sandy-bottomed channels to ensure clear passage for boats

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