February 10, 2026
Trump Order, US‑India Statement Lock in 18% Tariff on Indian Shrimp Imports
Further details of President Trump's announcement of a US-India trade deal were revealed through a February 7 Executive Order and a joint statement confirming the removal of the 25% ad valorem tariff on India‑origin goods and an Indian reciprocal tariff of 18%.
In the EO, US President Donald Trump confirmed that, effective February 7, 2026, products imported from India will no longer be subject to the additional 25% ad valorem tariff, which was imposed on India for purchasing Russian oil...
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Trump Order, US‑India Statement Lock in 18% Tariff on Indian Shrimp Imports
Further details of President Trump's announcement of a US-India trade deal were revealed through a February 7 Executive Order and a joint statement confirming the removal of the 25% ad valorem tariff on India‑origin goods and an Indian reciprocal tariff of 18%.
In the EO, US President Donald Trump confirmed that, effective February 7, 2026, products imported from India will no longer be subject to the additional 25% ad valorem tariff, which was imposed on India for purchasing Russian oil...
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ANALYSIS: A North–South Comparison of Shrimp Import Patterns in the EU-UK
Shrimp consumption and sourcing patterns in the EU‑UK region differ noticeably between Southern and Northern Europe. These differences largely reflect historical sourcing and cultural cooking habits, which in turn shape species preferences, product forms, and supplier choices. When focusing on the major importing countries (each exceeding 10,000 MT in 2025), clear contrasts emerge between the two regions...
Full Story »Norway H1 Seafood Exports Decline 1% as China Surpasses US in Market Rankings
Norwegian seafood exports fell 1% by value to NOK 84.5 billion ($8.6 billion) in the first half of 2026, with CEO Christian Chramer of the Norwegian Seafood Council citing a combination of domestic quota cuts and international market disruption.
"Here at home, low quotas for several wild-caught species have resulted in record-low export volumes and record-high export prices, whilst geopolitical unrest in the markets has made global trade even more challenging," Chramer said...
Full Story »Sustainable Scalloping Fund Applauds Trump's National Scallops Day, Northern Edge Opening
The Sustainable Scalloping Fund (SSF) applauded President Trump's declaration of National Scallops Day, marking NOAA Fisheries' move to open the Northern Edge of Georges Bank to the scallop fleet.
According to the SSF, the decision now allows for Scallop Permit Stacking, a move the group has pushed for since its inception. This will allow scallop permit holders to see several benefits, including operational consolidation, cost-cutting, and safer fishing, per the SSF.
"We are grateful to President Trump and his team...
Full Story »DNR's Proposed Water Rules Sharply Criticized, Constitutional Protection of Salmon at Risk
Alaska's Department of Natural Resources (DNR) wants to change regulations that guide the state's water reservation process, an arcane but critically important procedure that guarantees enough water in salmon streams and rivers to support wild salmon populations.
Last August, DNR's Division of Mining, Land, and Water announced its intent in an online public notice and a legal ad in the Anchorage Daily News. The agency identified four regulations for potential changes and opened a scoping period that ran from August 1 to November 29, 2024...
Full Story »Eunha Fisheries Recalls Korean Sashimi Products Over Undeclared Allergens
South Korea-based Eunha Fisheries Co. has recalled certain Sliced Korean Halibut and Flounder Sashimi products due to undeclared allergens, according to a July 1 notice published on the US Food and Drug Administration (FDA) website.
The products included accompanying soy sauce and vinegar red pepper paste packets containing wheat, soy, and sesame that were not declared in English on the individual condiment packets, the FDA said.
The affected products were distributed in the US through WOOLTARI USA Inc. and JAYONE FOODS, Inc., reaching consumers through retail stores, direct delivery, and...
Full Story »Ecuador Launches Executive Board to Boost Tuna Sector Competitiveness
President Daniel Noboa's administration has launched Ecuador's first Productive Executive Board for the tuna sector, a move aimed at strengthening one of the country's most important seafood industries through closer public-private collaboration.
The initiative forms part of Ecuador's Productive Development Strategy and Competitiveness Policy, led by the Ministry of Production, Foreign Trade and Investment. The permanent forum will bring together industry, government and international partners to identify bottlenecks and implement practical solutions to improve productivity and competitiveness.
The inaugural meeting brought together representatives from across...
Full Story »SalmonChile Joins Chilean Trade Delegation Heading to Washington to Fight Proposed 12.5% Tariff
Chile's salmon farming industry will send representatives to Washington next month to argue that farmed salmon should be exempt from a proposed 12.5% tariff recommended by the Office of the US Trade Representative, joining a broader public-private coalition mobilizing ahead of USTR hearings scheduled to begin July 7.
The delegation took shape following a June 30 meeting at Chile's Ministry of Foreign Affairs, where the Chilean Industrial Development Association (SOFOFA), trade association Subsecretary Paula Estévez, and export groups including SalmonChile...
Full Story »Expana's Weekly Top 10
Last week's top headlines produced by in-house journalists highlighted the policy shifts, supply chain disruptions and demand signals shaping global commodity and food markets. From the US decision not to renew the USMCA and the collapse of a major low-carbon ammonia project in Louisiana, to Ecuador’s rapid rise in cocoa production and a significant cold storage fire in Los Angeles, the latest developments point to continued volatility across trade, agriculture, energy and food supply chains. We also track key weekly themes in retail and foodservice, where summer pricing...
Full Story »Sardine Fleet Experiencing No Landings in Eastern Hokkaido Despite Season Opening in mid-June
Although the Japanese sardine purse-seine fishing season off eastern Hokkaido began in mid-June, no landings have been recorded so far. This marks the first time since 2018, a span of eight years, that the initial landing has been delayed until July or later, raising concerns about the season's outlook, according to a report by Minato Shimbun.
The current fishing season runs from June 16 to the end of October, as is customary. In recent years, shortly after the season opened...
Full Story »Mowi Reports 14,500 Salmon Escape at Nordland Site
Mowi Seawater Norway AS has reported an escape of approximately 14,500 farmed salmon from its Brattholmen facility in Herøy municipality, Nordland, following the discovery of damage to a seine on May 7. The fish averaged over 4 kg each. The company has deployed a recapture net and recovered three fish so far.
Norway's Directorate of Fisheries has ordered Mowi to conduct a full count — which produced the 14,500 figure, though the company notes uncertainty around that estimate — and to carry out environmental monitoring and removal of escaped fish across 10 waterways spanning...
Full Story »Finnforel Appoints Mikko Karell as CEO
Finnish seafood compnay Finnforel Ltd has named Mikko Karell as its new Chief Executive Officer (CEO), effective immediately, as the company looks to accelerate growth and expand internationally.
Karell joins Finnforel with more than 25 years of experience in international food and consumer business, including leading growth companies, driving business transformations, building international brands and launching new food concepts.
The company said the appointment comes at a key stage in its development, following improvements in production quality, biological performance and operational reliability across its integrated value chain...
Full Story »ANALYSIS: Revised May and June Import Data Put US Shrimp Inventory Above Pre-Pandemic Trend
US May shrimp imports are tracking 9 to 10 million lbs. above the previous central estimate of approximately 150.5 million lbs. June is still being assembled, but early indications point in the same direction.
The model framework that informs these Expana estimates reads price movements in log terms as a forward signal for inventory accumulation. Prices began declining in April, ahead of the bulk of this volume being recorded, consistent with market participants pricing in expected supply before physical arrivals...
Full Story »Sen. Sullivan Introduces Updated Bycatch Bill with Alaska Stakeholder Backing
US Sen. Dan Sullivan (R-Alaska) has introduced an updated version of his bycatch legislation, aiming to strengthen oversight of trawl fisheries, reduce seafloor impacts and improve transparency in federal fishery management.
The Bycatch Reduction Act, introduced this week, builds on Sullivan's earlier proposal and incorporates feedback from Alaska fishing and conservation groups. It also advances recommendations from the Alaska Salmon Task Force, established under legislation Sullivan sponsored that was signed into law in December 2022.
According to Sullivan's office, the bill would...
Full Story »Japan's Surimi Products Exports Increase 5% YOY with Growing Global Demand
According to reports from the Minato Shimbun, consumption of Japanese surimi products is rising worldwide, including in North and Central America, Europe, the Middle East, and Southeast Asia.
The Ministry of Finance trade statistics show that the cumulative export volume of surimi products—such as kamaboko (steamed surimi), but excluding fish sausage—reached 4,186 tons between January and May, a 5% year-on-year increase.
Exports to the United States, the largest overseas market, performed well, rising 13% compared to the same...
Full Story »Cousins Maine Lobster Builds on Core Offering With New Lobster Roll Flight
After making a big splash on the hit TV show Shark Tank in 2012, Cousins Maine Lobster has continued to chart innovative paths for growth. According to Business Insider, Barbara Corcoran invested in the company after its October 2012 debut on the show because she believed real-life cousins and co-founders Sabin Lomac and Jim Tselikis had a strong operational plan and were well prepared.
Since then, the company has expanded to more than 70 locations across over half of the...
Full Story »Bristol Bay Harvest Now at 7 Million Sockeye of 32.2M Forecast, Few Bright Spots in Season So Far
Bristol Bay’s fleet has started reeling salmon aboard in some districts in Bristol Bay, but YOY comparisons are still significantly below last year at this time.
The latest harvest numbers from each of the Bay’s five river districts are:
- Nushagak: 2.8 million cumulative catch of sockeye as of the beginning of this week. In addition, 989,000 Chinook were landed in the district. ADF&G’s forecasted harvest for this three-river district is 13.9 million sockeye...
Full Story »EU Restores Zero-Duty Access for US Lobster, Expands Coverage to Processed Products
The European Union's Council of Ministers formally adopted two regulations on June 25 implementing the bloc's tariff commitments under the EU-US joint trade framework, restoring duty-free access for American lobster exports and opening new preferential market access for a range of US seafood products.
The most immediate development for the seafood industry is the reinstatement of the EU's zero-duty regime on US lobster imports, which had lapsed on July 31, 2025, when an earlier agreement — first struck between the US and EU in 2020...
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Vietnam Seafood Giant Godaco Suffers $6 Million Fire Loss at Value-Added Plant
A fire that broke out in the early hours of June 29 at Go Dang Joint Stock Company's (Godaco) value-added processing facility in Vinh Long province has caused damage exceeding VND 162 billion (USD 6.2 million), according to Vietnam's state broadcaster Voice of Vietnam (VOV).
The blaze ignited around 1 a.m. and quickly spread across the facility's main workshop — a nearly 9,000-square-meter plant commissioned in 2016 at a cost of over USD 30 million. Fire crews from the Vinh Long Provincial Police Department...
Full Story »Canada Raises Mackerel, Southern Gulf Fall Herring Catch Limits
Canada is increasing catch limits for Atlantic mackerel and Southern Gulf of St. Lawrence fall herring after updated stock assessments showed improved conditions, a move officials said will support harvesters and strengthen fisheries in Atlantic Canada and Quebec.
The Honourable Joanne Thompson, minister of fisheries, announced the new total allowable catch, or TAC, levels, citing peer-reviewed science, industry input and socioeconomic factors.
For Atlantic mackerel, the Department of Fisheries and Oceans said its 2026 stock assessment, completed ahead of the usual two-year cycle, found...
Full Story »White House Issues Sweeping Deregulatory Changes in Domestic Fisheries Management
At a hastily called press conference this morning, Peter Navarro, Senior Counselor for Trade and Manufacturing, announced which deregulatory projects the Department of Commerce's National Oceanic and Atmospheric Administration (NOAA) has prioritized and will collaborate with regional councils to implement immediately.
"Today, the Department of Commerce and NOAA have rolled out a bold step of regional priorities by partnering directly with regional councils," Navarro said. "These cost-cutting actions will reduce regulatory burdens, stabilize markets, improve access, enhance economic profitability, and make the American seafood industry a world leader...
Full Story »Southern Senators Press USDA for Emergency Catfish Purchase as Industry Marks Third Year of Losses
A coalition of five Southern US senators is pressing the US Department of Agriculture to deploy emergency purchasing authority on behalf of the country's farm-raised catfish industry, which has reported negative financial returns for three consecutive years amid persistent cost inflation.
Led by Sen. Cindy Hyde-Smith (R-Miss.), the group sent a letter on June 30 to Agriculture Secretary Brooke Rollins, urging approval of a Section 32 surplus commodity purchase for US farm-raised catfish. Joining Hyde-Smith were...
Full Story »Norwegian Seafood Council Pushes Provenance as Key Differentiator for UK Fish and Chip Operators
The Norwegian Seafood Council (NSC) is positioning verified origin and supply chain transparency as critical competitive tools for UK fish and chip shops, citing research showing 76% of UK consumers find dishes with clear provenance appealing.
The initiative comes as operators face increasing cost pressures and value-conscious customers, with NSC arguing that clear sourcing stories can help justify quality positioning and differentiate from competitors.
"Fish and chip shops have always been built on trust," said Bjørn-Erik Stabell, UK Director at NSC...
Full Story »ASC Adds Stefanie Rog, Steve Philips to Board of Trustees
The Aquaculture Stewardship Council (ASC) has appointed Stefanie Rog and Steve Philips to its Board of Trustees, adding conservation and seafood supply chain expertise as it advances its responsible aquaculture mission.
Rog joined the board on July 1, 2026, while Philips joined on Jan. 1, 2026.
Rog brings more than 15 years of international conservation experience and a PhD in Conservation Biology. Her work has spanned ecosystems from Cambodia’s coral reefs and Ethiopia’s lakes to Australia’s mangrove forests. She is now based in Saudi Arabia...
Full Story »Russia Imposes Two-Year Greenland Halibut Restrictions in Far East
Russia is introducing a near-total ban on Greenland halibut fishing in its Far Eastern basin, effective July 7, 2026, through the end of 2027, in response to a steep decline in the stock that authorities say has worsened significantly in recent years.
Stocks off Kamchatka and in the northern Sea of Okhotsk have been among the hardest hit, with various estimates pointing to a three-to-fourfold decline compared to levels seen in the second half of the 2010s — a drop that had already prompted calls from...
Full Story »Salmon Scotland Comment on Shetland Tunnel Plans
Shetland Islands Council backed plans to progress proposals for a network of undersea tunnels linking the islands.
The council has approved work to develop proposals for tunnels connecting Shetland Mainland with Yell and Unst, with further fixed links to Whalsay and Bressay also under consideration.
Salmon farming is one of Shetland's largest private sector employers, contributing £91 million a year to the local economy and supporting around 1,000 jobs across the islands, including 390 directly on farms and processing sites.
Tavish Scott, chief executive of Salmon Scotland, said...
Full Story »US Declines to Extend USMCA, Putting $149 Billion in Agri-Food Trade on an Uncertain Path
The United States will not renew the US-Mexico-Canada Agreement, according to US Trade Representative Jamieson Greer, amid Wednesday's July 1 joint review deadline. Fox Business subsequently reported that President Trump will instead pursue separate bilateral trade deals with Canada and Mexico lasting up to 10 years. Both Canada and Mexico had pressed for a full 16-year extension. They did not get it.
The outcome was widely expected. Trump has floated withdrawing from the deal entirely, and US officials gave no...
Full Story »Two Buyers Seek Court Sign-Off on $2.25M Dungeness Crab Price-Fixing Settlements
Two seafood buyers named in a West Coast Dungeness crab price-fixing class action have filed separate motions to formalize exits from the litigation, with a combined $2.25 million in settlements and a July 31 hearing date set before US Magistrate Judge Alex G. Tse in San Francisco.
Caito Fisheries, Inc. and its owners filed papers on June 24 seeking court recognition of a $1.25 million deal. Pacific Dream Seafoods, Inc. of Anacortes, Washington, followed the next day with a parallel motion covering...
Full Story »EU Aquaculture Commissioner Convenes Industry Dialogue as Bloc Prepares Vision 2040 Framework
European Commissioner for Fisheries and Oceans Costas Kadis convened an implementation dialogue on EU aquaculture policy in Brussels on June 30, bringing together producers, trade associations, retailers, NGOs, and member state authorities to take stock of where the bloc's aquaculture framework is falling short — and where it can be improved ahead of a major policy reset.
The dialogue was framed around two parallel policy moments: the ongoing evaluation of the Common Fisheries Policy Regulation, which was published in late April and found progress...
Full Story »Shrimp Giant Thai Union Faces $295M Lawsuit Over Red Lobster's Collapse
Creditors of Red Lobster are suing former owner Thai Union Group, alleging the Bangkok-based seafood giant used the restaurant chain as a captive distribution arm for its own shrimp business, ultimately helping drive it into bankruptcy.
The complaint, filed in Florida's Ninth Judicial Circuit Court on behalf of creditors owed approximately $295 million, alleges that Thai Union — which held a controlling stake in the chain while simultaneously serving as its primary shrimp supplier — orchestrated a deliberate scheme to “squeeze every drop of value” from the company...
Full Story »Norwegian Seafood Takes the Spotlight as National Team Competes in the US
The news that the Norwegian national football team brought 500 kilos of seafood from Norway to the largest international soccer championship game in the US has travelled far beyond the pitch, quickly turning into a global talking point.
What began as a detail about the team’s diet has gone viral, with the story generating more than 120 news articles so far, according to a preliminary overview from media monitoring service Meltwater. International outlets including The New York Times, CNN, The Korea Times and...
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