Commerce Initiates Administrative Reviews for Shrimp AD/CVD Orders Covering Thousands of Importers

The Commerce Department has initiated administrative reviews of antidumping and countervailing duty orders on frozen warm-water shrimp from China, India, Thailand, and Vietnam, affecting thousands of importers.

The March 31 Federal Register notice covers the period from February 1, 2025, through January 31, 2026, and includes extensive lists of importers and exporters subject to review across all four countries. The administrative reviews will assess whether current duty deposit rates remain appropriate given recent import activity and pricing data...

Coast Guard Seizes $65K in Unreported Pollock Roe from American Seafoods Vessel

In a collaboration between the US Coast Guard and NOAA Fisheries office of Law Enforcement (OLE), federal officers seized 5.4 metric tons of unreported pollock roe, valued at over $65,000, from the catcher-processor Northern Eagle, owned by American Seafoods, in late March. 

The Northern Eagle was approximately 15 nautical miles north of Dutch Harbor, AK on Thursday, March 26, when the crew of the US Coast Guard Cutter Waesche boarded the trawler/processor. 

In a statement yesterday, the Coast Guard described the boarding as being...

Champagne China Visit Accelerates Trade Momentum with Canada's Seafood Sector in Prime Position

Canadian seafood exports to China are poised for continued growth following Finance Minister François-Philippe Champagne's productive visit to Beijing, building on tariff relief secured earlier this year that has already benefited lobster and crab shipments.

Champagne concluded his China visit on April 3, emphasizing the importance of diversifying trade partnerships with Canada's second-largest trading partner. The trip builds on Prime Minister Mark Carney's January visit, which the government called "a turning point" in bilateral relations and secured significant tariff reductions for Canadian seafood exporters...

Coast Guard Rescues Crew From Grounded Fishing Vessel Near Unalaska Island in Bering Sea

Last Thursday afternoon, a US Coast Guard Jayhawk helicopter from Kodiak Island hoisted a crew of five from the 58-foot F/V Ocean Bay, which was taking on water after grounding near Umnak Island’s north shore, just southwest of Unalaska Island. 

The incident began at 4:45 that day, when the Ocean Bay called for help after running aground and taking on water. 

The Coast Guard sent an MH-60 Jayhawk helicopter aircrew and an HC-130 Hercules airplane crew from Kodiak’s air station...

Russia-Japan Salmon Agreement Points to Expanded Fisheries Cooperation

Russia and Japan plan to continue cooperation in fisheries in the coming years, despite existing political tensions between the countries.

In late March, the two sides reached an agreement on salmon fishing quotas for 2026, and further expansion of their fisheries cooperation is possible.

Representatives from Japan and Russia agreed on salmon fishing quotas that will apply to Japanese fishermen in Japan's 200-mile exclusive economic zone in 2026...

ANALYSIS: India’s Five Year Black Tiger Shrimp Export Surge

According to the Indian Directorate General of Commercial Intelligence and Statistics (DGCIS), Indian exports of black tiger shrimp (Penaeus monodon) have expanded rapidly: volumes have grown on average about 60% per year since 2021. Indian customs recorded 6,059 MT in 2020 for HS codes 03061740 / 03063640 / 03096013; that figure doubled in 2021 and then rose by a further 80% in 2022. Growth moderated to a 59% year‑on‑year increase in 2023, then to 23% in 2024, and accelerated to 36% in 2025, bringing total exports to 58,221 MT...

AquaBounty Eyes Final Asset Sale After Exiting Salmon Operations

AquaBounty Technologies has received a non-binding purchase offer for its incomplete Ohio recirculating aquaculture system facility, marking a potential conclusion to the company's transformation from salmon farmer to asset liquidator.

The genetically modified salmon pioneer disclosed in its annual report that it received a Letter of Interest to purchase its Ohio subsidiary, which houses the company's last significant asset after systematically divesting all operational farms. The $145 million Ohio facility has sat incomplete since construction was paused in June 2023 due to escalating costs...

NOAA Rescinds Fishing Ban in Northeast Marine Monument, Restoring Commercial Access

On April 3, the National Oceanic and Atmospheric Administration (NOAA) rescinded a regulation prohibiting commercial fishing within the Northeast Canyons and Seamounts Marine National Monument boundaries under the Magnuson-Stevens Fishery Conservation and Management Act (Magnuson-Stevens Act).

This action is intended to align fishing regulations with the proclamation President Trump signed on Feb. 6, which restored commercial fishing access to all 4,913 square miles of the Northeast Canyons and Seamounts Marine National Monument, located off the New England coast, according to Expana's report...

ANALYSIS: Crab Meat Market Faces Perfect Storm of Supply Constraints and Pricing Pressures

The US crab meat market is navigating a confluence of factors that are compounding pricing pressures as the industry enters the critical summer demand season in the Mid-Atlantic region. Firm pricing has become the market baseline, driven by a complex web of supply constraints, regulatory uncertainty, and cost pressures that show no signs of abating in the near term.

Raw Material Scarcity and Production Slowdowns

The recent completion of Ramadan in Indonesia, historically a major supplier, has not yet translated into accelerated production...

Northern Cod Stock Surges 20% in Single Year, Reaches 'Healthy Zone' Status

Canada's Northern cod stock has grown by approximately 20% in a single year and now sits firmly within the "Healthy Zone" under Fisheries and Oceans Canada's precautionary approach framework, according to the latest science assessment released April 1.

The milestone marks a dramatic turnaround just two years after the commercial fishery returned following a 32-year moratorium. At 540,000 tonnes, the Northern cod stock now represents the largest spawning stock biomass of any cod stock globally.

The assessment, covering the stock off the northeast coast of Newfoundland and Labrador...

Ventisqueros Joins Chile’s Salmon Council Strengthening Industry Collaboration

Productos del Mar Ventisqueros S.A. announced that it has accepted an invitation to join Chile's Salmon Council, an assembly of the country’s main producers—representing nearly 60% of the industry in Chile.

The company is recognized both nationally and globally as a leading producer in the industry. It is made up of nearly 1,300 workers and is part of a European holding company with an international presence. Its inclusion strengthens the Salmon Council as a space for unions to help shape long-term government policy supporting sustainable aquaculture.

Russia Eyes African Waters Expansion After First Research Mission Since 1980s

Russia plans to significantly increase fish catch volumes in Africa in the coming years, based on results from the Great African Expedition conducted by the Russian fishing fleet in territorial waters of several African states.

Russia's Great African Expedition, which began in August 2024, was completed this year. Research was conducted in waters of six coastal countries in Northwest and Southeast Africa: Morocco, Mauritania, Guinea-Bissau, Guinea, Sierra Leone, and Mozambique. The expedition used two research vessels, the Atlantis and the Atlantiro, to assess fish stock status in Africa's...

ANALYSIS: US Shrimp Retail Prices Drop as Market Enters Recalibration Mode Amid Lent Season

Consumer shrimp prices have declined noticeably over the past week, reflecting what appears to be a market recalibration rather than a fundamental collapse in demand. While some of this softening aligns with typical Lent promotional activity — evident in historical seasonal patterns, see the blue line in the chart below — the broader dynamics suggest inventory and cost pressures are finding a new equilibrium after months of elevated pricing...

Peru Opens First 2026 Anchovy Season with 1.91 Million Metric Ton Quota

Peru's Production Ministry has authorized the start of the first 2026 anchovy fishing season in the North-Central zone with a total allowable catch of 1.91 million metric tons (MT), down 36% from the 3.0 million MT authorized for the first 2025 season.

The significant quota reduction reflects current stock conditions and aligns with scientific recommendations from the country's marine research institute, IMARPE. The season for anchovy (Engraulis ringens) and white anchovy (Anchoa nasus) was approved based on hydroacoustic surveys conducted between February 16 and March 23 using...

Erling Haaland Renews Norwegian Seafood Ambassador Deal Until Autumn 2028

Norwegian football (soccer) star Erling Haaland has signed a new contract, and no, not for a new team in the Premier League.

Haaland has extended his partnership with the Norwegian Seafood Council (NSC), where he will continue to serve as an ambassador and partner for Norwegian seafood.

Haaland’s work alongside the council began in 2024, and the new agreement will see Haaland work alongside the council through autumn 2028.

“I’m very happy to continue the partnership with Norwegian seafood. It feels natural to me, and it’s something...

BSF Links Lenten Seafood Price Increases to Import Challenges

According to BSF (formerly Beaver Street Fisheries), in an interview with News4JAX, tariffs, shipping delays, and supply chain disruptions have led to higher-than-usual prices for frozen seafood in the southeastern United States.

BSF said current consumer prices for staples like cod and shrimp reflect global market conditions amid the spike in demand for Lent. 

The interview was framed around consumers noticing rising seafood prices amid the Lenten season in the southeastern US.

During the interview, Mark Frisch, the company's owner...

ANALYSIS: Pacific Halibut Market Enters 2026 Season With Firm Undertone

The 2026 Pacific halibut season opened on March 26 and will run through December 7, with the market once again entering the year under a tight supply backdrop. The new season follows a sharply reduced 2025 harvest, as commercial landings fell 12.9% year over year, according to IPHC data. That decline marked one of the lowest-producing seasons in recent years and helped drive record-high prices across both the fresh and frozen markets, as reduced landings limited fresh availability and left little opportunity to build meaningful frozen inventories...

NFI Report: US Sushi Market Reaches $22 Billion as Growth Spreads Beyond Coastal Markets

The US sushi industry has reached $22 billion in total value, with restaurant sales alone accounting for $16 billion, according to the first comprehensive market analysis released by the National Fisheries Institute Sushi Council.

The landmark US Sushi Industry Report, conducted by market research firm Spheric Research, reveals sushi's transformation from a niche coastal dining option to a mainstream seafood category driving consumption across diverse demographics and geographic markets.

"Sushi's growth in the US is one of the most compelling...

Brazil Pivots Tilapia Strategy to Latin America Amid US Market Concentration Risks

Brazil's tilapia sector is accelerating its push into Latin American markets as a strategic response to overwhelming dependence on US exports, which currently account for 92% of shipments despite the industry achieving record 1 million ton production in 2025.

The diversification drive comes as Brazilian producers grapple with trade uncertainties following last year's tariff impacts that caused a 28% export decline, highlighting the risks of single-market concentration, according to PEIXE BR president Francisco Medeiros.

"We are entering the golden years of national tilapia farming...

Ikura Price Reached a Record High in 2025 Amid a Drastic Reduction in Hokkaido

The record-low fall chum catch has led to an unprecedented decline in Hokkaido-produced ikura salmon caviar, driving prices to record highs. According to estimates by the Hokkaido Fisheries Cooperative Association, last year's supply of Hokkaido-produced ikura (salted, soy sauce-marinated, and green frozen) is projected at around 440 tons, a 70% decrease from the previous year.

"Domestic fall chum ikura, specifically soy sauce-marinated ikura, is ultimately trading at around 20,000 yen/kg ($125.33/kg). Imports...

Newfoundland Snow Crab Opens at CAD $5.30/lb as Pricing Dispute Threatens Season Start

Newfoundland and Labrador's Standing Fish Price Setting Panel has set the 2026 initial snow crab price at CAD $5.30/lb ($3.80/lb.), according to its April 2 decision, after accepting the Association of Seafood Producers' (ASP) pricing submission.

The price represents approximately a 5-cent increase over the 2025 end-of-season settlement of $5.25/lb, but falls well short of harvesters' expectations. FFAW-Unifor, representing the province's fishery workers and harvesters, boycotted the panel process and did not submit a...

Red Lobster Considers Bringing Back Ultimate Endless Shrimp Promotion

Red Lobster's Ultimate Endless Shrimp promotion, which played a role in sending the brand into bankruptcy, could return as soon as this month, according to a Bloomberg report.

The infamous promotion may return as a limited-time offer as the brand continues to mount a comeback following its 2024 bankruptcy. The publication spoke with people familiar with the potential return of endless shrimp who were not authorized to speak publicly.

Red Lobster sent a statement to the Orlando Business Journal saying it has no announcements at this time and is listening...

Authorities Seize Nearly 4 Tons of Illegal Seafood in Lanco

Chilean authorities uncovered the illegal transport of marine species during an April 2 inspection.

"The controls we carry out in the region are strategic, in the sense that all the fishing that comes from the Los Lagos region passes through here to supply a large part of the country. In the context of Easter, we can report that we have inspected a total of 225,163 kg of seafood resources, of which 2.1% have been of illegal origin, that is, 4,774.6kg, in addition...

ASC Highlights Certification, New Label at Seafood Expo Global 2026

The industry is gearing up for the next major event: Seafood Global Expo, an annual conference of major players in the seafood space, set to run April 21–23 in Barcelona, Spain.

This year’s program will feature more than 20 educational sessions presented by top industry experts.

The Aquaculture Stewardship Council (ASC) is returning this year with a power-packed agenda at Hall 4, Booth A401. Experts will be on hand to help attendees understand certification requirements.

ASC local market specialists will...

Innovasea Offers Topian Initiative Sustainable Seafood with Cutting-Edge, Fully Submersible Net Pens

Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced today the success of using its fully submersible aquaculture systems to grow and harvest greater amberjack (Seriola dumerili) in the Red Sea. This project is part of Topian’s aquaculture initiative, the sustainable food component of the Kingdom of Saudi Arabia’s NEOM project.

In 2025, Innovasea’s revolutionary SeaProtean Pens were installed and stocked, marking the first time this pen was deployed in the region. Despite a summer...

FFAW Walks Out of Snow Crab Price Talks Days Before Season Start

FFAW-Unifor, the union representing crab harvesters in Newfoundland and Labrador, has walked away from price negotiations just days ahead of the scheduled start of the snow crab fishing season.

The union said no crab will be processed in the province "until a fair price is agreed upon," after 13 hours of talks failed to reach an agreement with processors.

FFAW rejected the Association of Seafood Producers' (ASP) latest offer of $5.22 per pound, which came in below the 2025 final price of $5.25 per pound...

Quinlan Brothers Plans Fish Waste-to-Value Facility at Bay de Verde Operations

Quinlan Brothers Ltd. wants to build a new facility at its Bay de Verde plant to convert crab shells, salmon scraps, and other seafood waste into fish oil and meal products, rather than dumping the materials at sea or sending them to landfills.

The Newfoundland processor plans to convert the waste materials into ingredients for fish feed, pet food, and human consumption products at the facility adjacent to its existing crab and salmon operations.

Construction would begin in fall 2026, with the facility expected to be fully...

Sernapesca Hosts FDA and Mattilsynet to Showcase Chile’s Salmon Farming Standards

The National Fisheries and Aquaculture Service (Sernapesca) recently carried out a series of initiatives, including meetings and field visits with international delegations, to showcase the high standards of Chile’s salmon farming industry.

The visit brought together representatives from Sernapesca, the US Food and Drug Administration, and the Norwegian Food Safety Authority.

"We held a series of meetings to strengthen our strategic alliances that go beyond our borders, such as the FDA of the United States and Mattilsynet of Norway, to learn about the high...

Navigating the Trump Tariff Turbulence: A Comprehensive Timeline

US President Donald Trump and his administration have paused reciprocal tariffs on most countries.

“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET. 

It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...

High Liner Slashes 9% of North American Office Staff Amid Tariff, Input Cost Pressures

High Liner Foods laid off roughly 9% of its North American office workforce in a move to "further align its cost structure with current market conditions," the company announced on March 31.

The value-added frozen seafood company said the 35 departures are part of a broader set of moves, including margin management, cost reduction, and supply chain efficiency efforts. The moves are aimed at mitigating the impact of inflation, tariffs and higher input costs and at improving its value proposition to customers and consumers...