ANALYSIS: US Groundfish Market Holds Full Steady Amid Tightening Supply and Shifting Trade Dynamics

The US frozen groundfish market continues to hold a steady-to-firm tone, with supply-side constraints providing a durable price floor even as an evolving trade policy backdrop adds uncertainty. Sellers are well-supported by high replacement costs and limited raw material availability, while buyers are largely purchasing to cover immediate needs rather than building forward...

Bumble Bee Foods to Shutter Santa Fe Springs Plant by 2027, Cutting More Than 230 Jobs

Bumble Bee Foods is closing its fish canning facility in Santa Fe Springs, Calif., with the plant expected to shut down "sometime in 2027, most likely in late March 2027," according to a Worker Adjustment and Retraining Notification letter the company filed with the state, as first reported by the Los Angeles Times.

The San Diego-based canned seafood giant will lay off 197 workers on Nov. 19, 2026, with an additional 36 positions eliminated when the facility finally closes...

Malaysia's SBH Marine Returns to Profit in Q2 as Shrimp Supply Stabilizes

Malaysian vertically integrated shrimp producer SBH Marine Holdings Berhad swung back to profitability in the second quarter of its 2026 financial year, reversing a loss-making Q1 as operating conditions improved and foreign exchange headwinds faded.

The Kuala Lumpur-listed company posted profit before tax of RM0.63 million and profit after tax of RM0.51 million for Q2 FY2026, compared with a loss before tax of RM2.38 million in Q1. Revenue rose 9.49% quarter-on-quarter to RM42.94 million, supported by a 32.76% jump in merchant trade revenue...

Chile Brings Fisheries Sector into Early Talks on High Seas Treaty Implementation

Chile’s fisheries authority is taking part in the country’s early discussions on implementing the BBNJ Agreement, or High Seas Treaty, signaling that fisheries governance will be a key part of how the pact is rolled out domestically.

The Undersecretariat of Fisheries and Aquaculture (Subpesca) recently participated in a national workshop tied to the treaty’s ratification and implementation. For seafood industry stakeholders, the main takeaway is that Chile is aiming to integrate the agreement with existing fisheries management systems, including regional fisheries management organizations (RFMOs), rather than build a separate framework around it.

Ace Aquatec Debuts AI A-HARVESTCAM for Real-Time Harvest Weight and Quality Data

Ace Aquatec has rolled out an AI-enabled harvest monitoring system it says gives fish processors real-time visibility into incoming fish weight, quality and yield, while also generating “ground-truth” data to improve in-pen biomass estimates ahead of future harvests.

The company’s A-HARVESTCAM uses computer vision to automatically count and weigh fish and assess weight distribution, quality and harvest performance. Ace Aquatec said earlier insight into stock variation can help plants adjust production, optimize yield and allocate product...

Ninth Circuit Rejects Oceana's Gulf of Alaska Seafloor Habitat Challenge, Finding No Legal Standing

The US Ninth Circuit Court of Appeals has ruled against Oceana's challenge to federal management of seafloor habitats in the Gulf of Alaska, finding the conservation group lacked the legal standing necessary to pursue its claims.

In a ruling issued last Thursday in Anchorage, a three-judge panel found that Oceana, represented by Earthjustice, "failed to show that any injury to the organization's members is traceable to the challenged [NMFS management plan] amendments." As one example, the court rejected Oceana's contention that, if required to redo...

The 2026 Alaska Symphony of Seafood Product Entry is Now Open!

The time is now for seafood innovators who want to debut their products this year. The Alaska Symphony of Seafood, a premier platform for showcasing innovative, market-ready products made with Alaska seafood, starts now.

Submissions for the contest are now open and the deadline is October 16th to enter your best ever offerings.

The Alaska Symphony of Seafood is a series of events that bring national and international media coverage, feedback from expert judges on each product, and multiple opportunities to connect with industry professionals at the Seattle event.

Peru Reopens Jumbo Squid Fishery With 82,000-Ton Additional Quota Through Year-End

Peru's Ministry of Production (PRODUCE) has ordered the reactivation of the giant squid — or jumbo squid — fishery after scientific studies by the Peruvian Marine Institute (IMARPE) confirmed sufficient biomass availability to support additional harvesting. The move raises the Maximum Allowable Catch Limit (MACCL) for 2026 to 709,659 tons, with 82,321 tons made available for extraction between August 30 and December 31.

The additional quota is split into two equal fishing periods — August 30 through September 30, and October 1 through December 31 — and is distributed by vessel...

Mowi Tops Global Seafood Rankings as WBA Benchmark Finds Industry Progress Offset by Persistent Gaps

The World Benchmarking Alliance's 2026 Ocean Benchmark has found that the seafood industry is making incremental progress on sustainability, but significant shortfalls remain — particularly on ecosystem and biodiversity indicators — with the sector averaging just 21 out of 100 across 22 major companies assessed.

Published July 7, the benchmark evaluated the world's largest seafood companies across 47 indicators in four areas: Governance, Ecosystems and Biodiversity, Social Responsibility, and food and agriculture core metrics. Scores were highest in...

NOAA Opens 60-Day Scoping Period on Potential Changes to Atlantic Large Whale Take Reduction Plan

Maine lobster fishermen have until Oct. 16, 2026, to submit public comments as NOAA Fisheries launches a scoping period for potential modifications to the Atlantic Large Whale Take Reduction Plan (ALWTRP), according to an advisory from the Maine Department of Marine Resources (DMR) Commissioner issued Sept. 1.

NOAA's announcement is not a notice of proposed rulemaking — rather, it is a request for public input on the scope of potential regulations. Comments gathered during the scoping period will inform discussions in 2026...

ASMI Showcases Wild Alaska Seafood at SproutsCon in Nashville

The Alaska Seafood Marketing Institute (ASMI) recently brought wild Alaska seafood to the floor at Sprouts Farmers Market’s annual convention, SproutsCon, in Nashville, Tennessee.

The event brings together key players from across the Sprouts organization, including store and department managers, corporate leadership, and vendor partners. Along with a vendor showcase, SproutsCon gives attendees a chance to take part in training, networking and education sessions while gaining insight into company priorities for the year ahead.

For ASMI, the convention offered a valuable opportunity to connect directly with the retail teams...

Multi X Adds Chile’s Largest Wellboat to Operations Under Five-Year Deal

Multi X has signed a five-year agreement to take exclusive use of the 4,000-cubic-meter wellboat Grip Discovery, which the companies described as Chile’s largest wellboat.

The vessel is owned by Gripship SpA, part of Trident Aqua Services, and will operate across Multi X’s farming regions in Los Lagos, Aysén and Magallanes. Multi X said the Grip Discovery has roughly twice the capacity of the vessels it has previously used, which should reduce vessel movements during harvests and provide greater flexibility...

Aquamar Brings New Convenience Seafood Lineup to Retail

Aquamar is moving its latest seafood push from the trade show floor to supermarket shelves, rolling out a refreshed brand identity and a lineup of convenient products aimed at making seafood an easier choice for everyday meals.

The rollout is underway in the Southeast, with West Coast and Midwest distribution expected to follow in the coming weeks. The products were first introduced earlier this year at Seafood Expo North America and include Pan-Seared Pacific Cod varieties, Crispy Scallop Bites and Salmon Wellington with Cheddar...

Fortune International Expands Boston Footprint With Steve Connolly Seafood Acquisition

Fortune International is expanding its presence in the Northeast through the acquisition of Boston-based Steve Connolly Seafood Company, adding an established seafood customer base to its national importing, processing and distribution operation.

Beginning Aug. 31, customers previously served by Steve Connolly Seafood will transition to Boston Sword & Tuna, the Fortune International company based in Boston. Fortune said the integration is designed to maintain continuity in supply and service while giving customers access to its broader sourcing network, logistics capabilities and product...

Japan’s July Seafood Export Volume Fell 35%, Value Rose 15% as Yellowtail Jumped and Scallops Slid

According to trade statistics released by the Ministry of Finance, exports of fishery products (including seafood, prepared seafood products, and fish meal) in July totaled 38,597 tons in volume, down 35% year-on-year (YOY), and 30.532 billion yen ($191.15 million) in value, up 15%. Scallop exports declined in both volume and value, falling 33% to 3,849 tons and 10% to 6.145 billion yen ($38.47 million). Yellowtail exports performed strongly, rising 45% to 2,727 tons and 68%...

USDA Opens Applications for December Trade Mission to Singapore

The US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) is accepting applications for its upcoming Agribusiness Trade Mission to Singapore, set for Dec. 7-9, 2026. The mission will connect U.S. agribusinesses with buyers in Singapore, Malaysia and Thailand as USDA looks to expand market access and export opportunities across Southeast Asia. Current and prospective exporters must submit applications through the official online form by 11:59 p.m. ET on Sept. 8.

"Expanding our footprint in Southeast Asia is critical as we work to...

Research Vessel Eventide Arrives at St. Paul Island, Anchoring the Pivot to a Research Economy

The small community of Saint Paul Island gathered at the harbor on August 15 to welcome the 50-foot research vessel Eventide — the latest and most visible sign of the island's ongoing transition toward a research-based economy.

This October marks four years since the sudden closure of the Bering Sea snow crab fishery, which had been the primary economic driver for the island's roughly 400 residents. Two years after the closure, the Alaska Department of Fish and Game reopened a limited fishery...