ANALYSIS: Scallop Markets Navigate Supply Challenges as Domestic Shortcomings Meet Import Declines

The domestic scallop sector continues navigating a challenging supply landscape, despite recent Gulf of Maine landings providing temporary market relief. While these increased landings have offered some larger sizing availability that had been particularly scarce, industry participants view this boost as short-lived against broader domestic harvesting shortcomings that have characterized much of the current season. Market observers suggest that domestic landings, now reaching approximately 97% of the APL...

Ryan Reynolds Deadpans on 'Endless Shrimp' in New Red Lobster MNTN Campaign

Actor Ryan Reynolds appeared with Red Lobster CEO Damola Adamolekun in a new spot for MNTN, the performance marketing TV platform, using ‘Endless shrimp’ humor to sell targeted advertising.

In the short ad, Reynolds deadpans, “That’s enough shrimp, though. We get it, endless shrimp.” The pair trade barbs before Adamolekun pushes back, clarifying that Red Lobster’s current offer is a SPENDLess shrimp promotion, not its former infamous “endless” deal.

The tongue‑in‑cheek clip riffs on the long‑running cultural conversation...

ANALYSIS: Canadian Whole Fish Influx Creates Ripple Effects Throughout US Salmon Markets

Over the past few weeks, an influx of Canadian whole fish has made its way to US markets. This development appears notable, as typically at this time of year some farms are not harvesting fish and have limited availability from certain sites or regions.

However, the start of this year appears different, with most Canadian producers and sites on both the East Coast and West Coast reportedly having availability and offering product to the US market. With increased supply, competition looks intense, and lower prices...

Maine Lobster Harvest Drops 8M Pounds in 2025, Value Down More Than $75M

Maine’s lobster fishery softened in 2025, with preliminary state data showing landings down by roughly 8 million pounds and total value falling by more than $75 million year‑over‑year.

The Maine Department of Marine Resources (DMR) reported lobstermen landed 78.8 million pounds last year, generating just over $461 million at the dock. The average boat price was $5.85 per pound — the third‑highest on record — but higher per‑pound returns did not offset the volume decline...

New Bill in AK Senate Bans Trawls or Dredge Gear; Kodiak Whitefish Trawlers Oppose 

A new bill, SB161, introduced by Tok, AK Republican Mike Cronk, would ban the use of  “…any trawl or dredge fishing gear that makes substantial bottom contact with the seafloor while in use, as determined by the department, in the water of the state.” 

The bill also calls for a comprehensive study to assess the “…health of seafloor ecosystems and fish habitat in state water.” That study, to be done by the Alaska Department of Fish and Game, would be due by January 1, 2027...

Korea’s Japanese Seafood Imports Recover to Pre-nuclear Power Plant Accident Levels

According to import and export statistics from the Ministry of Oceans and Fisheries of South Korea, imports of Japanese seafood reached $247 million in 2025, up 27% from the previous year. This increase was primarily driven by significant growth in live fish such as yellowtail and sea bream, which helped imports return to levels seen before the Fukushima Daiichi nuclear accident in 2011. 

After the accident, South Korea continued to ban seafood from eight prefectures, including Fukushima. Imports stagnated at around $100 million from 2012...

Nomad Foods Introduces New Recipe and New Leadership

Nomad Foods' brand, Birds Eye, is relaunching its iconic Fish Finger product after consumer testing showed a preference for the new recipe. This updated recipe features a crunchier coating and flaky 100% white fish fillet. It will be rolled out across Birds Eye's Breaded Omega 3, Cod, and Haddock Fish Finger ranges, with a new packaging design aimed at capturing attention in the freezer aisle.

To celebrate this refresh, the company has launched a multi-million-pound marketing campaign featuring TV, outdoor...

ANALYSIS: Rising Middle East Tensions Cast Uncertainty Over Growing US Seafood Imports

Middle East and North African seafood exports to the United States totaled approximately 95.3 million lbs. in 2025, advancing from 91.3 million lbs in 2024. Normally, this steady growth would indicate healthy demand and resilient supply chains. Now, however, the numbers are being scrutinized in a new light as an intensifying regional conflict threatens to derail trade flows and disrupt maritime logistics. 

War threatens key shipping routes 

Israeli and US strikes on Iran, followed by Iranian retaliation, have forced shutdowns of oil and gas facilities across...

US-Israel War on Iran Enters Seventh Day Amid Ongoing Strikes and Regional Fallout

The US-Israel war on Iran has entered its seventh day, with strikes continuing across the Middle East. 

Regional impacts are mounting. In Kuwait and Bahrain, missile attacks from Iran were intercepted, with a fire contained at a Bahraini oil refinery. The UAE and Qatar faced multiple missile and drone strikes, while Tel Aviv was targeted in Iran’s attacks.

Israel intensified its bombardment in Lebanon, and Azerbaijan suspended cross-border traffic following drone attacks...

Import Cargo Volume Expected to Be Down in First Half of 2026, But Too Soon to Tell Impact from Iran

Imports at major U.S. container ports are expected to remain below last year’s levels for the first half of 2026 amid ongoing tariff uncertainty, but it is too soon to gauge the impact of the conflict in Iran, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The Supreme Court has struck down IEEPA tariffs but other tariffs have already been announced and others will be coming, so uncertainty continues for retailers...

Global Crab Trade is Repricing Power - Here's Where It's Concentrating

The global crab market now operates on two pricing centers: frozen in the United States, live in China.

As outlined in last month's report, the global crab trade is becoming increasingly concentrated. The central question for 2026 is how that concentration reshapes pricing power across the major markets.

Full-year 2025 data across all major producing and consuming regions confirm a meaningful expansion in global trade flows. The United States imported 140 million pounds of frozen king and snow crab, reinforcing its role as the dominant pricing center...

Regal Springs Launches King Tilapia as Whitefish Alternative Amid Supply Constraints

Regal Springs CEO Graham Ellis unveiled the company's new King Tilapia product at the North Atlantic Seafood Forum (NASF), calling it a “significant step forward” for the whitefish category.

The launch comes as Regal Springs positions tilapia as a key fill-in amid ongoing supply constraints and quota reductions for other whitefish species.

The firm said King Tilapia is part of a broader push to align the industry around a formal tilapia standard. The initiative includes size and grading specifications...

Crude Oil Set for Record Daily Surge as Iran War Enters Tenth Day

On Monday, the United States and Israel continued their attacks on Iran during the tenth day of the war, with Israeli strikes on oil facilities in Iran causing toxic smoke across Tehran. 

Meanwhile, Iranian forces sustained their retaliatory strikes on US military assets and other key infrastructure in Kuwait, Qatar, Saudi Arabia, and the UAE. The latest Iranian attacks on Bahrain have damaged a water desalination plant.

More than a week after the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei in US-Israeli strikes...

GCCA Joins Forces with Food Industry FSMA 204 Collaboration to Enhance Food Safety Awareness

The Global Cold Chain Alliance (GCCA) has joined the Food Industry FSMA 204 Collaboration to increase awareness of the United States (US)  Food And Drug Administration's (FDA's) Food Traceability Rule, a key part of the Food Safety Modernization Act (FSMA) focused on improving food tracking systems.

FSMA Rule 204 requires thorough tracking of high-risk foods on the FDA's Food Traceability List (FTL) to enhance outbreak response and supply chain transparency. With supply chains growing complex, the cold chain sector plays a vital role in ensuring not...

Shellfish Recall Initiated in Washington State Over Norovirus Concerns

In a proactive move, Washington State has initiated a recall of shellstock due to reports of Norovirus-like illnesses linked to the consumption of raw oysters.

This recall impacts all species of shellfish harvested by Drayton Harbor Oyster Company (WA-1723-SS) and Manila clams harvested by the Lummi Indian Business Council (WA-0098-SS).

The affected shellstock was distributed to several regions, including Arizona, California, Nevada, New York, Oregon, and even Canada.

Distributors have reported contacting retailers to mitigate further...

Seafood Excellence Award Finalists Unveiled for Seafood Expo North America 2026

The finalists for the Seafood Excellence Awards have been announced ahead of Seafood Expo North America in Boston.

Diversified, producer of the continent’s largest seafood trade show, said 12 finalists were chosen from the New Product Showcase long list of market‑ready products launched or due to launch in North America in the past 18 months. The finalists were selected from 108 entries and will compete for two honors: Best New Foodservice Product and Best New Retail Product.

An expert panel will evaluate entries on product uniqueness and market...

Save Our Shrimpers Act Clears Key House Committee, Aims to Block Fed Financing of Foreign Farms

The House Financial Services Committee passed Congressman Troy E. Nehl’s (R-TX) Save Our Shrimpers Act on March 4.

The bill would ban federal funds from being made available to international financial institutions to finance foreign shrimp farms, as Expana covered when it was first introduced in 2024. It was reintroduced in March 2025.

“Shrimpers across the country, including shrimpers in my district, are struggling to stay afloat due to an excess of foreign shrimp flooding our markets,” Nehls said...