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Dongwon, Starkist to own 12.5% in Silver Bay

Deal signed on Monday paves way for Dongwon F&B and its US subsidiary Starkist to own 12.5% in Alaskan fishing group

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Sullivan wins senate race in Alaska

Republican Dan Sullivan won Alaska's US Senate race, defeating incumbent Democrat Mark Begich

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Thai Union sees strong outlook on low tuna prices, gradual recovery on shrimp

After a record Q3 net profit, world’s largest tuna canner and major shrimp processor sees high consumption in skipjack on low prices, as well as low recovery in its now-profitable shrimp business

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Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV

Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business

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M&J deal has Fresh Direct CEO looking beyond sales target of £500m

Fresh Direct will be around £400m in turnover with addition of M&J and two other former Brakes companies, meaning CEO of enlarged group is looking to up five-year-plan turnover target

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SFP: Half wild salmon fisheries in need of ‘significant improvements’

48% of Pacific salmon's total volume comes from fisheries in need of significant improvements, according to Sustainable Fisheries Partnership

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SFP cites IUU, hatchery fish, as major problems in Pacific wild salmon...

Russia's illegal fishing trade and Alaska's hatcheries are the major issues cropping up to cause 48% of the world's Pacific salmon to fall under the 'area of concern' category in SFP's latest study

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Seafood Connection to sell Peter Pan products in Europe

Maruha Nichiro-owned companies to work together to grow sales of US-caught salmon and other seafood from Peter Pan in Europe 

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Thai Union vies with Mitsubishi for Bumble Bee, courts US investors

With announcement on sale expected before Christmas and Thai Union’s management just on a US investor tour, process is seen as being down to Thai firm and its minority shareholder, Japan's Mitsubishi

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Trident planning new freezer plant alongside Westward purchase

Trident's agreement to buy Western Alaska Fisheries assets means group will be able to process salmon from Gulf of Alaska, which until now has been tendered to Akutan

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Direct Ocean’s Barbe: We want to be part of a larger group

French salmon supplier will re-start efforts to find an investor that can increase integration and access to capital next year, after Marubeni talks ended in July

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Maruha Nichiro profit set to triple on $37m sale of Alaska plant to Trident

Maruha Nichiro increased its net profit estimate for the 2014 fiscal year to JPY 10bn, from the previous estimate of JPY 5bn, due to gain from sale of Alaska plant to Trident

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Russia issues 2014 salmon harvest results; 2015 forecast

Researchers expect harvest to reach 400,000-420,000t, roughly in line with the 405,500t caught in 2013, the last comparable year

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ADFG launches study on hatchery impacts on wild salmon

Alaska  Department of Fish and Game is carrying out a multi-year research project on hatchery salmon and its potential impact on wild populations

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CDQ groups seen as possible players in Icicle sale

Their purchasing power may be small in comparison to tipped frontrunner Pacific Seafoods, but Alaska’s community development quota groups are in expansion mode and at least some can’t be written off as...

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Silver Bay seals deal for Sitka land

US salmon processor Silver Bay Seafoods inked a deal to buy land from the Alaskan city of Sitka

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GSMC blog: Indonesia’s crab meat price drop may draw following; Gibson sees...

Keep coming back to Undercurrent News for all the news from the NFI Global Seafood Markets Conference in Las Vegas, Nevada

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Fishermen expecting settlement in case against Bristol Bay newcomer Extreme

Lawyer for two set netters says Extreme Salmon is likely to agree to settlement to make good on 2014 season

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Yihe launches ‘Alaska Jack’s’ salmon brand

US supplier Yihe is coming out with a new frozen salmon brand, Alaska Jack's, in the run up to the Boston seafood show 

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Russian salmon fishery enters MSC assessment

The Russian VA-Delta Western Kamchatka salmon fishery for pink, chum and coho has entered assessment for sustainability

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