Record Snow Crab Imports Mask Growing Market Volatility

The US seafood industry is entering a period of significant uncertainty, driven by new tariffs from the Trump administration and a weakening US dollar. These developments are reshaping supply chains, driving up prices, and placing imported seafood at a growing competitive disadvantage.

While king and snow crab represent smaller volumes compared to major categories like shrimp, they remain a vital, high-value species. Through June 2025, the U.S. market received approximately 3.8 million pounds of golden and red king crab and 103 million pounds of snow crab, including domestic landings from Alaska...

Ag Sec Rollins Announces $6M in Grants to Rid Chesapeake Bay of Invasive Blue Catfish

US Secretary of Agriculture Brooke L. Rollins yesterday announced the US Department of Agriculture (USDA) is making $6 million in grant funding available for seafood processors to expand operations, transform the food supply chain and create new and better markets for the processing of invasive, wild-caught catfish.  

USDA, in partnership with the Maryland Department of Agriculture, is also launching a one-year pilot program to purchase up to $2 million through Section 32 of Chesapeake Bay...

USCG Rescues Four Crew From Sinking Vessel in Gulf of Alaska

Last Tuesday, US Coast Guard rescued four crewmen from a 110-foot vessel described as a “tug” about 130 miles south of Cordova, AK. The four crew, brought by helicopter to Cordova’s medical facilities, sustained no injuries.  

The Coast Guard’s first radio communication was received at around 10:17 a.m. on August 5 that the 110-foot “tug” Sea Ranger was taking on water. Rescue teams were dispatched immediately and reached the vessel by early afternoon. The crew initially reported no immediate danger, and a pump was delivered...

DoorDash Reports Record Results for Q2 FY2025

DoorDash delivered record performance in the second quarter of its fiscal year, achieving new highs in total orders, Marketplace GOV, and revenue. Total orders climbed 20% year-over-year (YOY), while Marketplace GOV increased 23% to $24.2 billion. Revenue surged 25% YoY to $3.3 billion.

Net revenue margin improved compared to both last year and last quarter, driven by more efficient logistics, higher advertising revenue, and fewer credits and refunds issued.

Adjusted EBITDA reached $655 million in Q2 2025, a...

Russian Fishing Sector Struggles With Soaring Debts and Sluggish Growth

The Russian fishing industry is grappling with major challenges as a deteriorating business environment and increased government pressure have led to a sharp slowdown in growth. Mounting debts now threaten to trigger a wave of bankruptcies within the sector, according to the country’s leading fisheries association.

German Zverev, President of the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE), recently highlighted that ballooning loans and credit obligations present the most serious obstacle to industry advancement. In 2024, the sector’s total debts reached...

US Aquaculture Groups Praise Bipartisan MARA Act, Citing Boost for Domestic Seafood Production

A pair of US aquaculture advocacy organizations applauded the recently introduced bipartisan Marine Aquaculture Research for America (MARA) Act of 2025.

The bill would advance the development of commercial-scale open ocean aquaculture in US federal waters, which would pave the way for increased domestic seafood production.

“The bipartisan consensus is clear: Congressional action is needed to build a robust American open ocean aquaculture industry, and the MARA Act lays the groundwork towards that goal,” said Drue Banta Winters...

Jayone Foods Recalls Frozen Oyster Meat Following FDA Advisory on Korean Imports

California-based Jayone Foods initiated a recall of frozen oyster meat, citing the recent US Food and Drug Administration advisory published last month in relation to frozen oyster products from Korea.

The company recalled ‘Frozen Oyster Meat Lot Code: B250206,’ on July 31, per a notice published on the Interstate Shellfish Sanitation Conference (ISSC) website.

The FDA advisory warned food establishments and consumers in Arizona, California, Colorado, Montana and Utah not to consume frozen, raw, half-shell oysters with lot code: B250112...

Ecuador Pioneers in the Use of Eco-Friendly FADs for More Sustainable Tuna Fishing

The TUNACONS Foundation is leading a transformation in purse seine tuna fishing in the Eastern Pacific Ocean, based on the highest sustainability standards of the Marine Stewardship Council (MSC). It was the first organization in the region to develop a research program to evaluate the use of drifting Fish Aggregating Devices (FADs) built with 100% biodegradable and non-entangling materials, known as EcoFADs.

These innovative devices are designed to continue attracting tuna schools while eliminating any negative impact on the marine ecosystem. Since the 1990s...

US Foods Delivers Strong Q2 Results, Raises 2025 Outlook

In its quarterly results, US Foods' strong performance showed steady progress across key areas of the business.

“Our second quarter performance underscores the strength of our team's continued focus on execution and delivering value to our customers. This momentum has fueled further market share gains with independent restaurant, healthcare and hospitality customers, resulting in record Adjusted EBITDA of $548 million and a 40 basis point increase in Adjusted EBITDA margin to a record 5.4%,” said Dave Flitman, CEO. “Looking ahead, we have a long runway...

Blue Star Foods and KeHE Distributors Launch Partnership and Promotion for Crab Meat Pouch

Two major developments were announced yesterday by Blue Star Foods Corp., including a strategic national partnership with KeHE Distributors as its primary distribution partner and the launch of its flagship 6-ounce cab meat pouch, now available via KeHE’s broad retail network. 

KeHE Distributors is a leading distributor of natural, organic specialty and fresh products, with over 7,900 employee-owners, 18 distribution centers and service to 31,000+ retail and online outlets.

“Partnering with KeHE is a pivotal move in our growth strategy,” said...

Global Seafood Alliance Announces Keynotes, Full Program for Upcoming Responsible Seafood Summit

The Global Seafood Alliance (GSA) announced its keynote speaker lineup for its upcoming Responsible Seafood Summit, which will take place in Cartagena, Colombia, from September 29 to October 2.

“The seafood industry has a huge impact on hundreds of millions of people’s lives. The expert speakers we have convened will explore the ways in which seafood impacts global food security, human health, economies and the environment,” said Jamie Wright, Program Director for the Summit. “Our CEO Mike Kocsis will challenge attendees to think about the impacts that their...

Premium Brands Sets Q2 Sales Record, But Clearwater Seafoods Posts Loss

Canadian seafood firm Clearwater Seafoods reported a dip in revenue and earnings during the second quarter of 2025, while Clearwater’s parent company, Premium Brands Holdings, posted record revenues and an increase in EBITDA compared to the same quarter last year.

Clearwater Seafoods saw its revenue dip in Q2 2025 by CAD 8.2 million ($6.0 million). The company attributed the dip to the below-average harvesting conditions for Canadian scallops and clams due to “natural variability” of the species and a turbot catch landing after the quarter, compared...

AquaBounty Still Seeking “Strategic Alternatives” While Selling Ohio Farm Assets

In their latest financial statements covering 2025 2nd quarter results, AquaBounty Technologies, Inc. (NASDAQ: AQB) acknowledged a net loss of $3.4 million for the quarter ended June 30, 2025, compared to a net loss of $50.5 million for the quarter ended June 30, 2024.  

AquaBounty, a land-based aquaculture company that used technology such as genetic modification to enhance productivity and sustainability, ceased all farming operations last December after intense investment in a massive recirculating aquaculture system (RAS) in Pioneer, Ohio, that was closed down last year...  

Regal Springs Introduces ASC-Certified Tilapia Tenders at Midwest Grocery Chains

Tilapia producer Regal Springs debuted its new Aquaculture Stewardship Council (ASC) labeled Golden Delights Tilapia Tenders in retail stores in multiple US states in the Midwest.

Consumers in Illinois, Minnesota, and Wisconsin can now find Regal Springs’ new premium tilapia range at Mariano’s Fresh Market in Illinois, Metro Market and Pick ’n Save in Wisconsin and at Kowalski’s Markets in Minnesota as of August.

The new products can go from freezer to plate in 20 minutes, featuring whole tenderloin and whole muscle protein fish tenders...

FFAW-Unifor Secretary-Treasurer Jason Spingle Resigns After Two Decades with the Union

Last Friday the FFAW-Unifor trade union, representing 14,000 harvesters in Newfoundland and Labrador’s small-boat, in-shore fisheries, announced that their Secretary-Treasurer Jason Spingle will resign from his role as FFAW Secretary-Treasurer, effective immediately. 

Spingle has been a representative for Areas 4R, 2J and 3Pn for over 20 years and has served as Secretary-Treasurer since 2022. 

According to the trade union’s press release, Spingle decided to resign to spend more time with his family and pursue other endeavours...

UNFI Appoints David Best to President and CEO of Retail

United Natural Foods, Inc. (UNFI) announced the appointment of David Best to President and Chief Executive Officer of Retail effective August 17.

“I’m excited to join UNFI and accelerate the retail business during such a pivotal time for the Company,” Best said. “As a former UNFI customer and a Minnesota native, I have a great respect for the differentiated value UNFI is creating within our industry and for everything the Cub brand means to the community I call home. I’m energized by the opportunity to work with the...

Trump’s New 50% Tariff on India Threatens Shrimp Exports to the US

India, the United States' top shrimp supplier, now faces a 50% tariff.

President Donald Trump levied an additional 25% tariff on India, just days after he imposed a 25% tariff on the country, as Expana reported.

“I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” Trump said in an August 6 executive order.

The move serves as a penalty on India for purchasing Russian oil. It is now one of the highest rates of all US trading partners...