Category: Seafood

Japanese yesso scallop exports increased by 2% year-on-year to 6,465 metric tons in July, marking the first annual growth in five months, according to the latest trade data from Japan’s Ministry of Finance […]

Reunimer-Pecherie du Sud, a major integrated producer and exporter of Indian Ocean seafood to France, has been acquired by a European private equity for an undisclosed sum […]

Wholesale prices for imported shrimp in China increased in September ahead of the Mid-Autumn Festival on Sept. 17 and National Day holidays from Oct. 1-7, according to leading online seafood platform Huacai Zhaoyu. […]

Norwegian aquaculture company Akvafuture is set to establish its first closed-containment salmon farm in British Columbia, Canada, having secured an agreement with the Quatsino First Nation to assess a potential site for the project […]

Southwind Foods has opened a new state-of-the-art processing and distribution facility in Salt Lake City, Utah, creating 35 new jobs and investing $30 million in the local economy.

The family-owned and operated company, based in Carson, California, has over 5,000 customers nationwide but, with its new facility, is looking to serve over 1,000 customers across the Intermountain Region, including Montana, Idaho, Nevada, Utah, Colorado, Wyoming and New Mexico.

CEO Sam Galletti previously told Undercurrent News that the company was planning to open its skin-pack expansion in Salt Lake City to supply the US Intermountain Region. Initially 10,000 square feet, the facility has grown to 40,000 square feet.

In the Intermountain Region, “shoppers are looking for better seafood options; their consumption is growing,” Galletti explained. “We want to have the opportunity to serve that.”

Southwind, which trades as Great American Seafood Imports Co. and has been in business for 25 years, added in its latest press release that the strategic location will “help reduce food costs” for customers and end consumers through things like increased shelf life and reduced spoilage; as well as a reduction in packaging waste; significant decrease in CO2 emissions through streamlined transportation; local production of products in high demand; and greater product selection for consumers. 

The new plant comes with high hopes as the company aims to get past $600 million in turnover and 120m pounds of product volume by the end of the year. Turnover and volume fell about 10% in 2023 due to “various pain points” that hit the seafood sector.

Here’s a recap of the top daily seafood stories from Monday, Sept. 9: […]

Farm-gate vannamei shrimp prices in Ecuador have increased 4-7% in week 36 (Sept. 2-8), finally following the levels seen in Asia, where supply is said to be short.  […]

UTRECHT, NETHERLANDS — Omarsa’s farm acquisition team has been operating in overdrive over the past 18 months, according to CEO Sandro Coglitore, as Ecuador’s second-largest shrimp exporter ventures into the new frontier of open-air, low-salinity recirculating aquaculture system (RAS) farming […]

Russia’s invasion of Ukraine in 2022 and the resulting US sanctions against Russian crab among other seafood items have forced an Alaska-based seafood processor, importer and wholesaler to seek Chapter 11 bankruptcy protection […]