March 19, 2026
FMI Shares Insights from 'The Power of Seafood 2026' Report
The Food Industry Association (FMI) unveiled a new report at this year's Seafood Expo North America (SENA), made possible by the Alaska Seafood Marketing Institute.
"The Power of Seafood 2026" report highlights that a relatively small, yet highly valuable group of frequent seafood shoppers plays a significant role in sustaining sales in the category.
"Just 10% of shoppers account for 40% of all seafood purchases, making frequent seafood consumers the primary driver of category performance" said Steve Markenson Vice President of Research and Insights...
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FMI Shares Insights from 'The Power of Seafood 2026' Report
The Food Industry Association (FMI) unveiled a new report at this year's Seafood Expo North America (SENA), made possible by the Alaska Seafood Marketing Institute.
"The Power of Seafood 2026" report highlights that a relatively small, yet highly valuable group of frequent seafood shoppers plays a significant role in sustaining sales in the category.
"Just 10% of shoppers account for 40% of all seafood purchases, making frequent seafood consumers the primary driver of category performance" said Steve Markenson Vice President of Research and Insights...
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ANALYSIS: The Expana Shrimp Demand Index Returns to Steady Territory — What the Data Shows
When prices fall and more shrimp moves through the market, it can appear that demand is strengthening. The distinction matters: more consumption at a lower price is a price effect. Genuine demand growth requires either more consumption at the same price, or higher prices holding alongside higher volumes. Those are different mechanisms, and they resolve differently. The current environment reflects the former.
The Expana Shrimp Demand Index reached 95.95 in June–July, returning to the Steady band after an extended period in contraction territory...
Full Story »40,000 Pounds of Squid Spill Onto Rhode Island Roadway After Tractor-Trailer Rollover
A tractor-trailer hauling approximately 40,000 pounds (roughly 18 metric tonnes) of squid overturned at the intersection of Point Judith Road and Galilee Escape Road in Narragansett, Rhode Island, on Sunday, August 17, spilling its entire load onto the roadway and triggering an hours-long cleanup operation.
Narragansett police said the fully loaded trailer was en route to a processing plant when the truck failed to negotiate a turn onto Point Judith Road. The trailer tipped onto its side, blocking all lanes of travel...
Full Story »New Civil Liberties Alliance Wants WA State to End Electronic Monitoring of Crab Fleet
Last week, the New Civil Liberties Alliance sued the Washington Department of Fish and Wildlife for its Electronic Monitoring Program, claiming it “violates the Fourth Amendment of the U.S. Constitution and its counterpart in the Washington Constitution, which prohibit unreasonable and warrantless searches,” according to a statement released by the NCLA on August 14, 2026.
NCLA’s clients are three crab vessel captains, Sarah Franey, Brent Young and Mark Young, who claim the program does not protect wildlife and costs the fishermen too much...
Full Story »86-Year-Old New Brunswick Seafood Co-op Seeks Creditor Protection With Nearly CAD $25M in Debt
Island Fisherman's Co-operative Association Limited, one of the largest snow crab and lobster processors on New Brunswick's Acadian Peninsula, has filed for protection under Canada's Companies' Creditors Arrangement Act (CCAA). The Lamèque-based co-operative — founded in 1940 — obtained a temporary protection order effective August 12, 2026, granted by a Saint John judge, shielding its assets from creditors for an initial ten-day period while it works to stabilize its finances, CBC News reported...
Full Story »Conservation Groups Sue NOAA Over California Longline Permits, Alleging Buried Data on Sea Turtles
Two conservation organizations have filed a federal lawsuit challenging the Trump administration's decision to grant longline fishing permits for California waters, alleging NOAA used a cherry-picked dataset that made the permits look far safer for endangered sea turtles and marine mammals than the agency's own data warranted.
The Center for Biological Diversity and the Turtle Island Restoration Network filed the complaint on August 14 in the US District Court for the Northern District of California (Case No. 3:26-cv-08429)...
Full Story »Suempol Breaks Ground on 50,000-Tonne Salmon Plant That Would More Than Double Capacity
Suempol, Poland's oldest and one of the world's largest producers of smoked salmon, has announced plans to build a new fish processing center in the Pełczyce municipality of West Pomeranian Voivodeship. The facility is expected to become operational in Q4 2027 and will employ approximately 300 people.
The company said the investment is part of its long-term growth strategy, with the new center set to significantly expand Suempol's production capacity. Trade reports indicate the plant could handle up to 50,000 tonnes of salmon annually, more...
Full Story »Eastern Hokkaido Sardine Fishery Faced No Landings After the Season Opened Two Months Ago
The Minato Shimbun reported an unusual situation regarding the Japanese sardine fishery conducted by purse seine vessels off the coast of eastern Hokkaido: even by mid-August, two months after the season opened, no landings had been recorded.
The fishing season runs from June 16 to the end of October. In recent years, fleets have typically begun operations immediately after the season opens, landing their catches at Kushiro Port or Tokachi Port in Hiroo Town. This season, one fleet scouted the...
Full Story »Lerøy Posts Lower Q2 Earnings on Harvest Shortfall, but Raises Wild Catch Guidance
Lerøy Seafood Group reported a 16% year-on-year decline in operational EBIT to NOK 574 million in the second quarter of 2026, as lower harvest volumes and downstream margin pressure outweighed improving biological performance and a sharp uptick in Wild Catch profitability.
Group revenue fell 11% to NOK 7.9 billion, reflecting both the volume shortfall and a stronger Norwegian krone. Operating cash flow rose to NOK 1.35 billion from NOK 1.03 billion a year earlier, with year-to-date free cash flow...
Full Story »Russia Eyes India as a Top Growth Market for Fish and Seafood Exports
Russia is increasingly looking to India as one of its most promising future seafood markets, with Russian industry leaders pointing to rising local fish consumption and the country's growing potential as a processing hub.
Herman Zverev, head of the All-Russian Association of Fish Producers (VARPE), said in an interview with Russian business newspaper Rossiyskaya Gazeta that fishermen and processors see significant opportunity in expanding into the Indian market. Zverev noted that India — now the world's most populous country...
Full Story »Pink Salmon Surge Gives Alaska's Statewide Salmon Harvest a Boost — But Season Remains Below Pace
Through August 17, Alaska's statewide salmon harvest continues its lackluster performance, with total catch at 72.14 million fish — led by sockeye at 36.63 million and pink salmon at 26.13 million.
The numbers got a boost roughly ten days ago when pink salmon surged during Statistical Week 33 (August 9–15), with nearly 13 million fish landed that week. Almost half came from Kodiak, where the cumulative harvest is now up 63% from the 2024 benchmark...
Full Story »Mowi Posts Record Revenues and Volumes in Q2 2026
Salmon farming giant Mowi delivered record-high revenues of EUR 1.6 billion ($1.9 billion) and operational EBIT in the second quarter of 2026, driven by strong biological and operational performance and record harvest volumes.
Operational EBIT reached EUR 231 million ($268 million), up 23% from Q2 2025, supported by lower costs across the business.
"Farming operations continue to deliver very strong biological and operational results. In particular, our Norwegian and Scottish operations are performing strongly, with record volumes and reduced costs, which is very encouraging," said Mowi CEO...
Full Story »RAS Company Oceanloop Raises Up to $44.8M to Build Europe's First Commercial Giant Grouper Farm
German aquaculture technology company Oceanloop has secured up to €38.5 million ($44.8 million) to scale its recirculating aquaculture system (RAS) platform and expand production of Giant Grouper—a species it has already begun selling commercially, making it the first company to farm the fish in Europe.
The financing combines new equity from Hatch Blue's Blue Revolution Fund and Stolt Ventures, the venture arm of Stolt-Nielsen, with a €32 million venture-debt facility from the European...
Full Story »NOAA Increases Bluefin Tuna Quota Following Historic ICCAT Negotiations
NOAA is moving to increase US bluefin tuna quotas following what the agency described as historic negotiations at the 2025 annual meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT). The move is expected to dramatically expand opportunities for US fishermen.
The move boosts the US quota for Atlantic bluefin tuna while also providing additional quota for several other key fisheries. Negotiations at the ICCAT meeting also secured increases for North and South Atlantic swordfish and North Atlantic albacore.
Full Story »ILO, Thai Union Launch Pilot to Strengthen Seafood Sector Supervisory Skills
The International Labour Organization (ILO) and Thai Union Group have launched a pilot training program aimed at strengthening frontline leadership across Thailand’s seafood processing industry, with a focus on workplace communication, labor practices and decent work.
The two-day Supervisory Skills Essential Training, held June 24–25 in Samut Sakhon, brought together supervisors from Thai Union Group, along with representatives from the Thai Tuna Industry Association, the Thai Frozen Foods Association and their member companies.
The pilot is part of the...
Full Story »Hofseth Appoints Olav Holst-Dyrnes as CEO
Vertically integrated sustainable seafood producer Hofseth has appointed Olav Holst-Dyrnes as its new Chief Executive Officer (CEO).
Holst-Dyrnes brings executive experience from Havfisk ASA, Ekornes ASA, Insula AS and, most recently, Kverva AS.
In his new role, Holst-Dyrnes will lead the continued development of the Hofseth Group, building on the company's integrated value chain and its long-term ambition to become the world's most sustainable seafood company.
"It is great to finally get started. I have genuinely been looking forward to joining Hofseth and working together...
Full Story »Salmon Evolution Posts Q2 Loss on Weak Prices as Phase 2 Ramp-Up Gets Underway
Norwegian land-based salmon farmer Salmon Evolution delivered continued operational progress in the second quarter of 2026 but posted a Group EBITDA loss of NOK 11.1 million as weak salmon prices weighed on results.
Farming EBITDA came in at negative NOK 3.0 million for the quarter, with year-to-date farming EBITDA at NOK 14.6 million. Farming costs were approximately NOK 71/kg in Q2, slightly down from Q1 and 13% lower year over year — a sign that operational improvements are...
Full Story »ANALYSIS: Chilean Salmon Market Driven by Fewer Arrivals, Higher Costs, and Stiffer Competition
Fresh Chilean Atlantic salmon fillet prices have established themselves at meaningfully elevated levels through 2026, with multiple structural shifts converging to push pricing well above recent seasonal norms. The current mid-price for 3-4 lb fillets of about $6.50/lb represents a gain of roughly $1.22/lb — or about 23% — versus the same period one year ago, when the market traded near $5.28/lb. The current level also sits approximately 15% above the three-year seasonal average for this time of year, suggesting...
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Oregon Adopts Electronic Monitoring Rule for Commercial Dungeness Crab Fleet
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Oregon’s Fish and Wildlife Commission has approved new rules for the commercial Dungeness crab fishery, including mandatory electronic vessel monitoring starting Feb. 1, 2027, as the state steps up efforts to reduce whale entanglement risk.
Under the rule, commercial crab vessels must install devices that transmit location and other data at set intervals. The Oregon Department of Fish and Wildlife (ODFW) said the system will improve near-real-time tracking of fishing activity, help identify overlap with whales and support enforcement of season openings, area closures...
Full Story »Bumble Bee Adds Single-Serve Tuna as On-the-Go Demand Grows
As the season shifts and demand for convenient meal solutions ticks up, Bumble Bee Seafoods is leaning further into portable protein options with the recent launch of Bumble Bee Snackers, a new line of single-serve, wild-caught tuna products positioned for lunches, snacks and other on-the-go eating occasions.
The rollout ties into the company’s broader “Bee You” campaign, which encourages flexible, personalized use occasions for tuna as consumers look for easy, mindful meals and snack options that fit increasingly busy...
Full Story »Multi X and BioMar Launch Chile's First Regenerative Agriculture Pilot for Salmon Feed Supply Chain
Chilean salmon producer Multi X and aquaculture feed company BioMar have signed a collaboration agreement to launch Chile's first regenerative agriculture pilot linked to the salmon value chain. The 24-month project, which began in August 2026, will assess regenerative farming practices in wheat and pea crops — two locally sourced raw materials with potential applications in salmon feed — across farms in the Los Ríos and Los Lagos regions...
Full Story »Seagrove Alaska Recalls Pacific Oysters Over Wet Storage Water Quality Deviation
Ketchikan, Alaska-based oyster producer Seagrove Alaska (AK-16111-SS) has issued a voluntary recall for two lots of Pacific oysters after elevated total coliform results were detected in its wet storage water.
The affected oysters were held in the company’s Ketchikan System 2 wet storage operation during a period when the water treatment system was not operating according to the facility’s approved wet storage operating plan. Total coliform results exceeded the applicable operational limit or acceptance criteria.
As a precaution...
Full Story »Dongwon F&B Taps BTS’s Jin to Pitch Tuna as “Sea Protein” in New Global Campaign
Dongwon F&B, led by CEO Kim Sung-yong, announced on Aug. 13 that it will unveil a new brand campaign for Dongwon Tuna featuring BTS’s Jin.
The campaign centers on positioning tuna as a premium "blue protein" (or seafood protein) with the tagline "The real high-protein is in the ocean" and the wordplay slogan "Sea Protein, Receive," designed to underscore seafood’s role in meeting rising protein demand.
In the spot, Jin is shown swimming alongside...
Full Story »ANALYSIS: US Frozen Tuna Prices Hold Steady as Imports Tighten and Risk Builds
US frozen tuna fillet imports totaled about 42.7 million pounds through June, down 12.9% from 49.0 million pounds a year earlier and 4.0% below the five-year average for the same period. The data point to a tighter import pipeline heading into late summer, though not historically extreme.
The decline remains concentrated in the two largest suppliers. Vietnam shipped 18.3 million pounds through June, down 10.7% year over year, while Indonesia shipped 14.9 million pounds, down 15.8%. Together, they accounted for roughly 78% of total...
Full Story »UW-FRI Early Advisory Projects 44.2 Million Sockeye for 2027 Bristol Bay Run
The University of Washington Fisheries Research Institute's early advisory for the 2027 Bristol Bay sockeye run projects 44.2 million fish — a 2.7 million increase over the 2026 forecast. The actual 2026 run came in slightly above that projection.
The projected 2027 inshore harvest is 28.6 million sockeye salmon, or 158 million pounds, calculated using the average size of each age class expected at this run level.
"As this preliminary forecast is made prior to the release of finalized data for the 2026 run, this should be considered...
Full Story »Japan, China and Korea's Surimi Imports from Russia and the US Fell 12% in H1
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According to reports by the Minato Shimbun—based on trade statistics from Japan's Ministry of Finance as well as trade data from China and South Korea—the combined volume of frozen Alaska pollock surimi (including frozen pollock meat other than filletsen for China) imported from the U.S. and Russia by these three nations in the first half of this year (January–June) totaled 73,786 metric tons, a 12% decrease year-on-year. Of this total, imports from the US...
Full Story »Farm Groups' Letter Urges Farm Labor Reform as H-2A Costs Squeeze Growers
On August 10, a broad coalition of US agricultural groups urged lawmakers to swiftly pass HR 9535, the Securing Agriculture’s Workforce Act (or SAWA) which would overhaul the H-2A farm labor program through changes to worker eligibility, wage rules, and administrative requirements. The use of foreign labor is an aspect of farming closely tied to production costs, margins, harvest timing, crop acreage, and marketable supply.
Full Story »The Retail Rundown: Promotional Calendar Looking Towards Fall
Mid-August can be a quieter stretch in the grocery calendar, but the latest retail feature data suggest the lull may be short-lived.
Promotional activity is building across beef, chicken, and pork, while eggs and dairy are seeing strong year-over-year gains as retailers prepare for fall-driven demand, including back-to-school shopping and Labor Day celebrations.
Beef posted one of the sharpest week-over-week increases. The USDA national feature rate climbed to 96.0%, from 80.2% a week earlier and 88.8% a year ago. Retailers increased advertising for...
Full Story »Ever After Foods Acquires Belgian Cultivated Fish Startup Fishway, Secures $2M Investment
Ever After Foods has acquired Belgian cultivated fish company Fishway, bolstering its industrial protein manufacturing platform with aquatic cell biology expertise and a new European operational base.
The deal, announced August 17, gives the Haifa-based company access to Fishway's portfolio of aquatic cell lines, know-how in animal-component-free (ACF) media development, and its scientific team. Belgium will serve as EAF's European center of excellence for those capabilities — the company's first significant operational foothold outside Israel. Financial terms were not disclosed. Alongside the acquisition...
Full Story »StoneX Expands North American Feed Ingredients Platform with AMG Acquisition
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StoneX Group has announced the acquisition of Advanced Marketing Group, LLC (AMG), a merchandiser of protein-based feed ingredients, pet food ingredients, and organic fertilizer.
StoneX said AMG will be integrated into StoneX Supply & Trading’s feed ingredients capabilities.
Founded in 2010 and based in Wilsonville, Oregon, AMG employs approximately 20 trading and operations staff in four US states (Oregon, Kansas, Texas, and Virginia) and in Canada, and runs a network of trans-load and storage locations.
"AMG brings an established, well-run feed-ingredients business with supplier relationships
Full Story »Gigante Salmon Cuts Production Outlook Amid Fish Health Challenges
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Norwegian land-based salmon farmer Gigante Salmon is lowering its production expectations for two generations after fish behavior and fish health issues disrupted operations at its facility.
The company now expects 5,800 tonnes HOG from both its H2025 and H2026 generations, with a range of 5,000 to 6,200 tonnes. For H2025, Gigante estimates production costs of NOK 86/kg HOG at the 5,800-tonne base case, while H2026 is estimated at NOK 76/kg.
The revisions follow problems associated with newly installed fish barriers intended to...
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