ANALYSIS: Tracking the Widening Cod Price Divide - Atlantic vs. Pacific Trends (2023–2025) 

Atlantic cod has traditionally commanded a price premium over Pacific cod, a distinction attributed to its lower moisture content, firmer texture, and subtle, sweeter flavor. This analysis explores the evolution of the price differential between Atlantic and Pacific cod from 2023 to date, identifying three distinct stages...

ANALYSIS: Scallop Market Sees Imports Surge as New Domestic Season is Underway

With the 2025/2026 Atlantic sea scallop season well underway, market conditions remain unsettled for both domestic and imported product. The previous season was characterized by reduced landings and a notable shortage of larger sea scallops, particularly U/10s, which drove prices to near-record highs. Some price relief has emerged, primarily in the fresh market, as the new season progresses and supply shows modest improvement. However, supply gains remain limited. Current harvest projections...

Wild Bluefin Sales at Toyosu Market Surged by 70% in April

According to a Jiji Press survey, the number of domestic tunas arriving at the fresh tuna section of Toyosu Market in April was 2,407 fish, up 40.8% from the same month last year. Wild and farmed bluefin tuna increased, but the number of bigeye and yellowfin tuna was lower than the previous year.

Minato Shimbun reported that the total number of bluefin tuna that arrived was 2,228 fish, up 67.3% from the same month last year, of which 2,021 were wild, up 69.3%. The majority of tuna was...

Feeder Vessel Transfers Disqualify Cargo from In-Transit Tariff

Exemption Under IEEPA
The US Customs and Border Protection (CBP) has provided clarification regarding the application of the in-transit tariff exemption under the Reciprocal Tariff Executive Order, with specific implications for feeder vessel operations. In guidance released on May 15, CBP confirmed that cargo transferred from a feeder vessel to a US-bound vessel after April 5, 2025, will not qualify for the in-transit exemption.

Under the International Emergency Economic Powers Act (IEEPA), cargo that was loaded before April 5 and remains...

Mowi Launches New Atlantic Salmon Product at the 2025 National Restaurant Association Show

Seafood giant MOWI recently launched its new product, “MOWI Signature” into the U.S. food service market at the 2025 National Restaurant Association (NRA) Show in Chicago, Illinois.

MOWI Signature offers 4-8 kg packages of fresh, premium, and accessible salmon sourced from Mowi’s farms in Norway and Scotland and tailored for the professional kitchen.

The new product is fresh, never frozen, and all trimmed, cleaned, de-scaled, and de-boned for easy preparation in high-paced kitchens.

“We're excited to bring the Mowi Signature line to market..."

New Japanese Scallop Processing Plants Start Running One after Another, Aiming at Overseas Markets

Following Japan's release of treated water from the Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean, China has banned importing all Japanese seafood products since August 24, 2023. In September 2024, the Chinese and Japanese governments agreed to open negotiations toward lifting the import ban. The two governments negotiated on April 10, 2025, but the Chinese government has kept silent about when to lift the ban.

About 50% of Japan's scallop exports were to China, reaching a record high of 91.1 billion yen in 2022...

OPINION: Seafood Producers Cooperative Responds to WFC Lawsuit Against NOAA On Chinook ESA Listing

On behalf of the nearly 400 members of Seafood Producers Cooperative, who are very dependent on the wild Chinook fishery for a large part of their livelihoods, and as such, are very supportive of conservation efforts regarding Chinook, I would like to respond to the recent news of another attempt by the Wild Fish Conservancy, in their typical fashion of accusations and demands via litigation, to sue the National Marine Fisheries Service for not listing Alaska Wild King Salmon stocks under the Endangered Species Act...

ANALYSIS: Unprecedented Surge in Shrimp Imports Signals Market Imbalance Risk

The US shrimp market remains in flux as April import estimates reveal substantial year-over-year growth, potentially creating inventory imbalances similar to those experienced in 2022. Based on current U.S. Customs data, our April projections indicate imports will reach approximately 162.5 million pounds, representing a remarkable 45.5% increase from the previous year (see table 2). But before diving into any conclusions, let us provide some context...

GSA Board of Directors Announces New Member: Comepesca President Citlali Gómez Lepe

The Global Seafood Alliance (GSA) recently announced a new addition to its Board of Directors: Citlali Gómez Lepe, President of Comepesca.

Gómez Lepe, who has more than two decades of experience in commercial and rural aquaculture, is the founder of the sustainable fishing and aquaculture awareness movement Pesca con Futuro. In 1992, she and her family also founded the multi-species aquaculture facility Neminatura, where since then, they have been farming rainbow trout and developing small-scale aquaculture and agriculture projects in Central Mexico...

Russia May Face a Flounder Shortage This Year

This year, due to a significant reduction in flounder catch and a high share of export products (up to 25%), Russia may be facing a flounder shortage and a coinciding price surge to match.

According to the latest data, flounder prices in Russia have already grown by more than 30% since the beginning of the current year, with growth still ongoing.

According to the Fish Union, 2025 flounder catch in the Far East has decreased by 25% year-on-year, though the “high season,” for flounder catch is still underway, falling in the...

Norway Reports One Million Fish Mortalities in Production Areas 9 and 10

Today, the Norwegian government announced that the algal bloom in production areas 9 and 10 has led to approximately one million fish mortalities for several farms in Nordland and Troms. Of these mortalities, 250,000 are smolts.

The highest mortality was reported between May 10-12 in production area 10, particularly in the area around Astafjorden, with four companies being affected to varying degrees. However, fish mortalities decreased throughout the week after the peak mortality period.

This comes after the government announced the harmful algal bloom on May 13...

ANALYSIS: Norwegian Haddock, Export Patterns and Price Adjustments

Haddock prices in Europe, particularly in the United Kingdom and Norway,  increased toward the end of 2024. However, in March, the price of Norwegian haddock fell by 7.2% compared to the previous month. In the United Kingdom, the price for gutted haddock measuring 41.5–49.5 cm decreased by 16.15%.  This drop may be linked to a decline in demand from China...

Wild Fish Conservancy Sues NMFS for Missing Deadline on Alaska Chinook ESA Decision

The Wild Fish Conservancy, an organization based in Duvall, Washington, filed a lawsuit against the National Marine Fisheries Service (NMFS, or NOAA Fisheries) on May 8, 2025, for missing a deadline under the Endangered Species Act (ESA) to submit a full review on the status of Chinook salmon in the Gulf of Alaska.

The review, a massive endeavor, as the Gulf covers 600,000 square miles and includes Chinook salmon rivers from Southeast Alaska across to the Aleutian Chain, is ongoing.

National Marine Fisheries Service Assistant Administrator for...

Russia to Increase Fish Exports to Vietnam

Russia plans to increase its fish exports to Vietnam this year thanks to the ever-growing demand from local processors.

According to German Zverev, President of the All-Russian Association of Fish Producers, Vietnam is actively expanding its processing capacities and becoming a key player in the global market. In 2024, the country almost liquidated its gap with China in terms of fish exports.

At present, Vietnamese processors mainly work with local raw materials, such as pangasius and tilapia, but its taste is inferior to wild fish. Thus, Russia can become an important...

StarKist® Joins Forces with the Busch Family to Fuel a Healthy Lifestyle On and Off the Track

StarKist Co., America's favorite tuna brand, is proud to announce a dynamic new partnership with two-time NASCAR Cup Series Champion Kyle Busch, his wife, wellness advocate Samantha Busch, and their youth racer son Brexton. The collaboration brings together StarKist's commitment to fueling healthy, active lifestyles with the high-energy world of motorsports and the everyday hustle of family life.

"We're thrilled to launch this partnership with Kyle, Samantha, Brexton, and their incredible family," said Michael Merritt Jr., Head...

ANALYSIS: Argentine Red Shrimp Supply Disruptions Expected Amid Mild Q1 Export Decline

According to official census data, Argentine shrimp exports experienced a slight decline in the first quarter of 2025 compared to the same period in the previous year. Total export volumes fell from 38,147 metric tons (MT) in Q1 2024 to 36,544 MT in Q1 2025. However, it is important to note that export figures for Russia have not been reported this year, which may result in...

Mowi Q1 Financial Results Indicate Strong Year So Far

Yesterday, Mowi ASA held its earnings call for the first quarter of 2025, noting another strong quarter for the company, both operationally and biologically.

According to Mowi CEO Ivan Vindheim, the salmon company stayed on track this quarter, working towards its annual farming volume target of 530,000 tonnes for the quarter. With Nova Sea now on board, he said the company aims to achieve a farming volume target of 600,000 tonnes in 2026 and 650,000 tonnes by 2029.

Vindheim offered some insights into the quarter that was, stating that Mowi’s harvest...