Alaska Crab Takes Center Stage for the Holiday Season. Norway Sets Up for a Bigger 2027

All eyes turn to Alaska in November. As some vessels complete their Bristol Bay red king crab quotas and move on to Tanner crab, buyers have more domestic crab to work with for the holidays. The immediate question is how much consumers will buy at current prices. The next is how much inventory will carry into early 2027, when Norway’s larger quotas could bring additional king and snow crab to market...

ANALYSIS: September US Shrimp Imports Land Near Estimate, Up 12.1% YOY

Expana's by-type model for September US shrimp imports came in at 156.2 million lbs against a midpoint estimate of 158.8 million lbs, well inside the estimated range. The composition followed the pattern flagged in advance. Peeled printed near the upper bound of its range (83.3 million lbs against 84.6 million lbs) and shell-on near the lower bound (38.8 million lbs against 36.2 million lbs), and the two variances offset. The aggregate is the figure that clears through US warehouses, and at that level the estimate held...

LA, Long Beach Port Labor Talks Extended to Friday Amid Strike Concerns

The Pacific Maritime Association (PMA) and ILWU Local 26 have extended their contract through midnight Pacific Time Friday, Nov. 6, as negotiations continue to avert a potential disruption at the Ports of Los Angeles and Long Beach.

The talks, involving approximately 250 watchmen, are continuing with assistance from the Federal Mediation and Conciliation Service. Although the workers represent roughly 2% of the ILWU workforce, PMA says the terminals where they work handle about 85% of cargo at the Port of Long Beach and 33% at the...

Catfish Processor Delta Pride Joins USDA's Product of USA Label as Federal Programs Back Seafood

Delta Pride Catfish of Mississippi is the only seafood company among eight meat and poultry businesses that USDA says have adopted its voluntary Product of USA label. Agriculture Secretary Brooke Rollins announced the additions on October 30, saying more than 30 companies have now committed since the campaign launched earlier this year.

The label shows that products are "born, raised, harvested, and processed in the United States." Rollins framed it as a holiday-season consumer choice...

Norway's Salmon Exports Hit Record, but US Sales Slip 11%

Norway's salmon exports reached a record value in October, even as shipments to the US fell. Salmon exports totaled 159,810 tonnes, worth NOK 13 billion, up 6% in value and 9% in volume from the previous year, according to the Norwegian Seafood Council (NSC). October set a record monthly salmon export value, NOK 264 million above September's record.

The US did not share in that growth. Norway's exports to the US fell 11% in October, to NOK 1.2 billion, driven by...

Japan's September Seafood Exports Plummeted 46% to 32,700 Tons, but Value Fell 1%

According to trade statistics released by the Ministry of Finance, exports of marine products—including fish, shellfish, processed seafood, and fish meal—fell 46% year over year in September by volume to 32,700 metric tons, while value slipped 1% to JPY 31.559 billion ($199.47 million), according to Minato Shimbun.

Scallop exports declined in both volume and value, falling 32% to 4,368 tons and 25% to JPY 8.853 billion ($55.95 million), respectively. Yellowtail exports, meanwhile, rose 1% to 2,055 tons...

Nordlaks Breaks Ground on New Onshore Base in Vågan

Norwegian aquaculture company Nordlaks broke ground on Nov. 2 on its long-awaited new onshore base at Pundslett in Vågan, with completion expected in spring 2028.

The NOK 70 million investment will replace the company’s current facility, which Nordlaks describes as its main base for equipment and maintenance supporting operations in Lofoten, Lødingen and Tysfjord. The company employs 25 people at the site.

Nordlaks said it has been the region’s largest salmon producer for more than 30 years.

"Now we have finally started...

Chubut Delays Langostino Season as Survey Falls Short of Opening Thresholds

Chubut's shrimp (langostino) season will not open on schedule. The provincial Secretaría de Pesca postponed the start after an exploratory survey that began on October 26 did not show enough stock to support a commercial opening. Revista Puerto reports that the authority is holding off until a new two-day survey on November 10 in the Northern Zone, with a possible opening from November 12 depending on the results...

Europêche Turns to Member States to Translate Fisheries Strategies into Concrete Policy Action

Europêche met yesterday with EU fisheries attachés to discuss the future of EU fisheries policy, including the 2028-2034 budget, 2027 fishing opportunities, trade and regulatory challenges. Europêche urged Member States to help turn repeated evaluations and policy discussions into practical legislative action.

The discussion highlighted that the Commission’s Vision for Fisheries 2040 lacks a clear pathway for delivery, with no defined timelines or concrete outcomes. Participants stressed that legislative work is missing to turn the Vision’s objectives...

Agrosuper Signs MOU to Buy Blumar's Salmon Business for Up to $540 Million

Agrosuper has put up to $540 million for Blumar's salmon business, but the deal remains a non-binding MOU subject to due diligence, regulatory clearance, and a shareholder vote.

Blumar's board approved the MOU on August 24, and the companies disclosed it to Chile's Financial Market Commission (CMF) on November 4, after the regulator asked Blumar about the deal, according to Diario Financiero...

US Seafood Production Volume and Value Dropped in 2024 But Ex-Vessel Price Rose

US fishermen landed 7.7 billion pounds (3.5 million metric tons) of edible and industrial species at ports in the 50 states in 2024, valued at $4.9 billion. That was a decrease of 775.3 million pounds, or 9.2%, and $177.8 million, or 3.6%, compared with 2023, according to the recently released Fisheries of the United States 2024 report from NOAA.

The report's introduction says the average ex-vessel price paid to fishermen in 2024 was 64 cents per pound, 4 cents more than in 2023...

For Second Year in a Row, No Tanner Crab Season in Kodiak, Chignik or South Peninsula Districts

The Alaska Department of Fish and Game (ADF&G) announced on Tuesday that, for the second year in a row, there will be no tanner crab (also called bairdi) fishery in the Kodiak, Chignik or South Peninsula districts in 2027.

The last year crab fishermen landed product from those areas was 2025. Surveys showed 560,000 pounds available for harvest in Kodiak and 210,000 pounds open in the South Peninsula. The Chignik area was closed...

Canada Extends China Market-Access Pact for Canola Meal, Peas, Lobster and Crab to 2028

Canada and China have agreed to a two-year extension of market access for Canadian canola meal, peas, lobster and crab, following talks at the Joint Economic and Trade Commission (JETC) meeting in Beijing.

Canada’s Minister of International Trade, Maninder Sidhu, met with China’s Minister of Commerce, Wang Wentao, to discuss bilateral trade and economic issues. According to an announcement following the meeting, the negotiations resulted in a pact extending market access for the four Canadian products...

Russia Keeps Raising Fish and Seafood Exports to Japan

Russia's fish and seafood exports to Japan are still rising this year and are close to record levels. Analysts at the Russian Fish Union, using Japanese customs data, report that exports exceeded $600 million in the first three quarters, with crab, pollock roe and sockeye salmon among the best-selling products.

Crab accounted for most of the exports. Frozen snow crab shipments totaled 7,000 tons, worth $132 million. Frozen king crab shipments rose 5% in volume and 15% in value from the same period in 2025...

The Kingfish Company Posts Quarterly Records in Sales, Revenue and Production

The Kingfish Company set new quarterly records for sales volume, revenue and production in the third quarter ended Sept. 30, driven by continued expansion in European markets and improved production performance.

Sales volume rose to a record 829 metric tons, up 14% year over year from 724 metric tons in Q3 2025. Revenue also reached a new high at €11.3 million, an increase of 12% from €10.1 million a year earlier. The data also showed production volume at 833 metric tons, supported by stronger feed efficiency. The company reported an economic feed conversion ratio (eFCR) of 1.39 for the quarter.

Canadian Seafood Farmers Welcome Food Security Designation in National Security Plan

Canadian Seafood Farmers welcomed the federal government’s recognition of food security as a Strategic Capability in its Plan for a Stronger Canada: National Security for Canadians, saying the designation could help support growth in domestic aquaculture production.

The plan commits to strengthening Canada’s food security through expanded domestic production, processing, and distribution capacity. The organization said the aquaculture sector could help meet those goals by increasing Canadian seafood production, supporting employment in coastal and rural communities, and reducing reliance...

The Kingfish Company CEO Vincent Erenst Extends Tenure as CFO Plans Departure

The Kingfish Company announced Tuesday that CEO Vincent Erenst will remain in the role following a request from the company's Supervisory Board. Separately the company's Chief Financial Officer Jean-Charles Valette informed the board of his intentions in stepping down.

The Netherlands-based yellowtail kingfish producer said Erenst agreed to extend his tenure to provide leadership continuity as the company continues executing its business strategy and commercial and operational priorities.

“I am pleased to continue leading The Kingfish Company and appreciate...