SalmonChile Represented in Chilean Capitol Hill Delegation to Advance Trade Talks

SalmonChile, a Chilean salmon industry association, visited Capitol Hill in the United States to discuss trade relations, tariffs, and other issues with US representatives.

The Chilean delegation was led by the Industrial Development Association (SOFOFA), and its president, Rosario Navarro, and its secretary general, Rodrigo Yáñez. The group met with the Office of the United States Trade Representative (USTR), where parties discussed the negotiation of a free trade agreement and the current tariff status. The delegation was also received at a reception by the Chilean ambassador to Washington...

Chile’s Seafood Exports at Risk as Russia Threatens Restrictions for Documentation Violations

Russia's Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) warned Chile's National Fisheries and Aquaculture Service (SERNAPESCA) that Chile may be barred from importing seafood into Russia due to various violations.

"The Service has repeatedly recorded discrepancies in the accompanying documentation for these products from Chile," Rosselkhoznadzor said in a statement. "Discrepancies have also been noted in the information indicated on the labels and stated in the veterinary certificates...

Global Seafood Faces "Perfect Storm" of Tariffs and Risk, Rabobank Warns

The global seafood industry is amidst a period of profound disruption, according to the latest Rabobank report.

Seafood producers and exporters are being impacted by tariffs and geopolitical tensions, notably in Asia. Meanwhile, consumers in the Western part of the globe are facing increased prices and reduced availability of seafood staples.

“The seafood industry is navigating a perfect storm of trade barriers, geopolitical risk, and supply chain fragility,” said Gorjan Nikolik, Senior Global Specialist Seafood at RaboResearch. “Strategic diversification—both in sourcing and market access—is no longer optional...

Cermaq Canada Completes Full Salmon Cycle in Ahousaht Territory with Zero Mechanical Lice Treatments

Cermaq Canada said its operations in Ahousaht First Nation territory completed a full salmon production cycle without a mechanical sea lice treatment.

Cermaq Canada, the Canadian arm of major salmon farmer Cermaq, said it conducted 56 mechanical sea lice treatments in 2022 to keep a 1.93 annual lice level. In the past 12 months, the company has conducted zero treatments with a lice level of 0.30.

David Kiemele, Managing Director, Cermaq Canada said:

“This phenomenal result has been the culmination of joint efforts... 

Blue Star Foods Q2 Revenue Jumps 85% as Losses Narrow

Blue Star Foods reported a return to growth, marked by a strong revenue increase and a 68% reduction in net loss during the second quarter of 2025.

John Keeler, Chairman and CEO of Blue Star Foods, commented, “Over the past several months, we have right-sized our operating expenses to match our revenue levels, resulting in a reduction in losses. We have re-positioned and re-focused our sales team with new hires who have assisted in our return to revenue growth..

Grieg Streamlines Around Rogaland, Names Nina Willumsen Grieg as CEO

Grieg Seafood, a Norway-headquartered salmon farmer, appointed Nina Willumsen Grieg as permanent CEO and unveiled its financial results for Q2 as the company began a new chapter after it sold a large amount of its assets to Cermaq in July.

Since March 30, Willumsen Grieg has worked as Grieg’s interim CEO. After leading the way with the nearly $1 billion deal with Cermaq, Willumsen Grieg now holds the role permanently. In July, Grieg sold its operations in Finnmark, Norway, and British Columbia and Newfoundland, Canada, to Cermaq...

Fraser River Salmon Return Now at 9.1 Million Sockeye, 27M Pink Salmon

No one yet knows why, but the predicted return of sockeye salmon in British Columbia’s Fraser River rose from 2.94 million in early July to 10.2 million sockeye on Tuesday, August 19, and is now down to 9.1 million as of last Friday, August 22. This is the largest return to the Fraser, which has historically been Canada’s most productive watershed, since 2018. 

Catches as of August 22 for the Fraser alone are 651,626 sockeye landed in Canada and 298,587 sockeye landed in the US. Of those, US...

USDA Picks Silver Bay for Canned Salmon Contract

Silver Bay Seafoods won a US Department of Agriculture (USDA) contract for 100 metric tons of canned pink salmon for $877,000.

The product will be destined for Sri Lanka via the McGovern-Dole International Food for Education and Child Nutrition Program that supports education, child development, and food security in low-income, food-deficient countries around the globe.

The rest of the contract included corn-soy blend, lentils, vegetable oil and rice to go along with the canned salmon...

Chilean Salmon Council Strengthens Ties With Australian Retailers and Importers

The Chilean Salmon Council (Consejo Del Salmon) held a two-day visit to Australia as it looks to boost the presence of Chilean salmon in one of the largest consumption markets in the world.

The council, which partners with some of the major salmon farmers like Australis Seafoods, Cermaq and Mowi, met with retailers, importers and authorities to discuss trade and sustainability.

Pablo Barahona, International Director of the Salmon Council, accompanied by Juan Pablo Julio, Director of ProChile in Australia, visited top retailers Woolworths, Coles, and ALDI...

SalMar’s Second Quarter Hurt By Lower Salmon Prices, Boosts Harvest Outlook

Norwegian salmon farmer SalMar said lower market prices impacted its second-quarter financial results compared to the same time last year.

According to SalMar, the price of salmon averaged NOK 73.1 per kg ($7.17/kg), down from NOK 110.9 per kg in the second quarter of 2024.

The company noted that its farming segments in Norway experienced good biological developments during the quarter, notably in Northern Norway. “But the share of downgrades affects the price achievement in the period, especially in the Central Norway segment...

Salfjord Wins Approval For 43,000MT Land-Based Salmon Farm in Norway

Norwegian land-based salmon farmer Salfjord announced that in May, it received approval for aquaculture licenses and a zoning plan for its facility at Tjeldbergodden.

The company’s new facility will produce 30 million smolt and 43,000 metric tons of salmon, trout, and rainbow trout per year.

“We now have all the key prerequisites in place to realize the project. This is a strong signal to investors, partners, and the local community that Salfjord is delivering as planned,” said Chairman Jan Harald Hauvik...

Scottish Salmon Exports on Track to Hit Record £1 Billion on Strong US, Asian Growth

Scottish salmon exports could reach the £1 billion ($1.4 billion) mark for the first time ever by the end of the year, according to Salmon Scotland.

Salmon Scotland noted that the latest data shows that salmon exports rose by 33% to £941 million in the rolling 12 months through June.

The group, which represents the farmed salmon sector in Scotland, said the data comes just as the country will be able to tap into the Indian market following...

Record Survival Rates for Scottish Farmed Salmon Drive Export and Domestic Sales Growth

Salmon Scotland, a body representing the Scottish farmed salmon sector, said survival rates of farm-raised salmon in the country have hit record highs.

The increased survival rates follow a significant technological investment from producers.

New figures show monthly survival averaged 99.12% between January and June – the best start to a year since data was first voluntarily published in 2018, per Salmon Scotland. The group said the sector has invested over £1 billion since 2018 in veterinary care, technology and stock management...

Normex Secures Breakthrough Deal with South Korea’s Mirae Aquafarm for RAS Technology

Norwegian aquaculture technology firm Normex has signed a large supply contract with Mirae Aquafarm, a South Korean land-based aquaculture company.

Normex called the agreement a “breakthrough” as it marks the company’s first venture into the Asian market.

The contract includes the delivery and installation of the Razone water treatment system throughout the facility. Once completed, the farm will have a production capacity of 10,000 tons of salmon annually, Normex shared in an update.

“This is a strategic milestone for us...

Russian Fish And Seafood Exports Surge 13% Through Seven Months

Russian fish and seafood exports increased by 13% in value terms in the first seven months (Jan-July) of the year, exceeding $3 billion. The increase in shipments is observed after a steep decline caused by sanctions. Positive changes are explained by the growth of production in the Far East and the expansion of the geography of deliveries.  

According to official data of the Russian analytical center "Agroexport," Russian fishermen in January-July exported 1.2 million tons of fish and seafood for a total of $3.1 billion, which...

The Retail Rundown: Summer’s Last Stretch Drives Seasonal Promotions

August has arrived, bringing a sense of urgency to make the most of summer’s final weeks. With Labor Day fewer than four weeks away and just seven weeks remaining until the season’s official end, retailers are already diving into back-to-school promotions.

Seafood claims the top spot among protein features again this week, making up 30.3% of all retail ads, followed by beef at 26.2%, pork at 20.8%, and chicken at 18.9%. Egg promotions remain minimal, comprising less than 1% of features—consistent with last week’s light showing. The Midwest led in egg advertising, while the Northeast and South Central regions showed more moderate activity...

Landslide Disrupts Norway’s Salmon Supply Chain

A landslide in Norway has led to disruptions in salmon shipments, according to Norwegian broadcaster NRK Nordland. 

The landslide occurred earlier this month in the town of Levanger in Trøndelag county. 

The publication reported that the landslide would have “major consequences” for businesses that transport goods to and from Northern Norway.

Daniel Bjarmann-Simonsen, director of communications for salmon farmer Nova Sea, which is majority-owned by salmon farming giant Mowi, explained the landslide has thrown a wrench in its logistics.

Bjarmann-Simonsen explained...

Alaska Salmon Landings Now at 84 Percent of Forecast, Due to Lower Pink and Chum Harvests

In an odd but true moment, the only species of Alaska salmon that is currently exceeding pre-season predictions is the extremely scarce Alaska Chinook salmon. As of earlier this week, Chinook landings statewide were nearly 15% above forecasts of 165,000 fish.  

Total landings as of September 2 were 180 million fish, compared to a pre-season estimate of 214 million. 

Actual landings include 52.06 million pounds of sockeye, less than .9 million pounds of the 52.9 million predicted...

Norway’s August Seafood Export Value Falls; US Values Decline Amid New 15% Tariff

The Norwegian Seafood Council said Norway's seafood exports witnessed a 2% decline in value in August, compared to the same month a year ago. The council highlighted a drop in exports to the US amid increased tariffs of 15% on seafood from Norway and its European Union neighbors.

"The summer of 2025 has been marked by considerable turmoil in the markets. Changes in customs duties on exports to the US are affecting Norwegian seafood exports and posing challenges for the global seafood trade. In addition, increased competition...

Bakkafrost Sees Q2 Earnings Pressure Amid Rising Global Salmon Supplies

Bakkafrost CEO Regin Jacobsen said the company was “not satisfied” with its second-quarter financial results. He added that a “significant increase” in salmon supplies globally led to lower prices, impacting its earnings.

The company reported its operational EBIT for its Faroe Islands operations at DKK 211 million ($32.8 million), slightly below the Q2 2024 mark. However, its operational EBIT for its Scottish operations fell into the red, to DKK -146 million, compared to DKK 113 million seen last year...

The Retail Rundown: Labor Day Protein Promotions at a Glance

Seafood leads Labor Day protein promotions, accounting for 27.1% of total ad volume. Pork follows at 23.2%, with beef and chicken each capturing about 22%. Retail buying opportunities for turkey held steady at 3.5%, while promotional activity for shell eggs remained limited.

Back-to-school demand has provided fair to fairly good retail support for eggs, according to Expana, with shelf prices holding mainly steady across most areas in the past month. Last week, white large Grade A eggs were advertised at $4.49 per dozen discounted, nearly $1...

Chile’s Environmental Agency Forces Cooke to Shutter Salmon Farms Over Production, Permit Infraction

Chile’s Environmental Superintendency (SMA) ordered Cooke Aquaculture SA, seafood giant Cooke Inc.’s aquaculture segment, to shut down a pair of its salmon farms located inside a Chilean national park, citing various violations on August 22.

The SMA’s sanctions will force Cooke to shutter its facilities at Huillines 2 and Huillines 3, both located in the Laguna San Rafael National Park. The SMA said its closure decision will now head to the Environmental Court for consultation.

Cooke was hit with eight environmental violations at three of...

Atlantic Sapphire CEO Announces Clear Line of Sight to Profitability

The CEO of land-based salmon farmer Atlantic Sapphire said the company has a “clear line of sight to profitability” in the company’s H1 2025 operational and financial update on August 20.

The company, known for its Bluehouse land-raised salmon farming method, said it harvested 2,486 tons (HOG) in the first half of 2025, up from 2,384 tons in H1 2024. Harvest weights almost doubled compared to the same period last year, reaching 2.86kg in H1 2025 and 3.1 kg in Q2 2025...

New US-EU Trade Agreement Removes Tariffs on US Seafood, Lobster

The United States and European Union unveiled a new trade agreement on August 21 that will eliminate EU tariffs on US industrial goods, including seafood, and expand market access for American seafood, agriculture and lobster products.

The deal will see the European Union eliminate all tariffs on US industrial goods and provide “preferential” market access to a “wide range” of US Seafood and agricultural goods. The statement also said the framework included an extension of a deal, which expired on July 31, that eliminated EU tariffs on US...

Lerøy Seafood Group Maintains Harvest Guidance After ‘Solid’ Q2 Performance

Norway-based Leroy Seafood Group (LSG) said it delivered “solid operations” across all its business segments in its second fiscal quarter of 2025, which resulted in an EBIT of NOK 680 million ($66 million).

“The quarter clearly illustrates the robustness of our business model with a fully integrated value chain in a diversified seafood company," said CEO of Lerøy Seafood Group ASA Henning Beltestad.

The company’s farming segment wrapped Q2 with a NOK 256 million operational EBIT. LSG said it had strong biological...

Bicameral Effort Urges Interior Secretary to Restore $1.28M For Salmon Habitat in Washington

On July 29, ten members of Congress from Washington state sent a strongly worded letter to Interior Secretary Doug Bergum urging him to restore funds for the Regional Fisheries Enhancement Groups (RFEGs).

“We write to express our deep concern regarding the U.S. Fish and Wildlife Service’s (FWS) elimination of $1,285,000 of Fiscal Year 2025 funding for Washington state’s Regional Fisheries Enhancement Groups (RFEGs),” the letter began, led by Senator Patty Murray, Vice Chair of the Senate Appropriations Committee and Representative Rick Larsen...

Icelandic Salmon Farmer Kaldvik AS Shuffles Leadership as CEO Departs

Icelandic salmon farmer Kaldvik AS announced that CEO Roy-Tore Rikardsen will step down from his role, effective immediately. The company said its board of directors and Rikardsen both agreed to the decision.

“I have been privileged to work with fantastic colleagues in Kaldvik AS and both the Company and the industry will have a great future in Icelandic business life in the coming years,” said Rikardsen.

Vidar Aspehaug will take the role of interim CEO while the Board initiates the search for a new permanent CEO, the company announced...

Record Return of Hatchery Chinook Expected to Whatcom Creek

More than 7,000 Chinook salmon are expected to return to Whatcom Creek in downtown Bellingham this season thanks to an ongoing collaboration between Bellingham Technical College, Washington Department of Fish and Wildlife, Northwest Indian Fisheries Commission and the Lummi Nation and Nooksack Indian Tribe. 

A few thousand fish may not seem like a lot in the grand scheme of Puget Sound and the West Coast, but successful returns of hatchery fish across multiple creeks could alleviate some concern over prey species for Southern Resident orcas and boost populations for tribal...

Japan: Industry Cautious Over High Ikura Prices Amid 36% Decrease in Hokkaido Fall Chum Forecast

The Hokkaido autumn salmon migration is predicted to be 11.41 million fish, a 36% decrease from last year. Based on average eye size in recent years, an unprecedented drop in catch volume of around 30,000 tons is expected.

According to a Minato Shimbun report, the Hokkaido Federation of Fisheries Cooperative Associations (DOGYOREN) revealed supply and demand trends at the National Salmon, Trout, and Fish Roe Trade Conference for major recipients and shippers held in Sapporo on August 5th. The conference was hosted...

AquaBounty Still Seeking “Strategic Alternatives” While Selling Ohio Farm Assets

In their latest financial statements covering 2025 2nd quarter results, AquaBounty Technologies, Inc. (NASDAQ: AQB) acknowledged a net loss of $3.4 million for the quarter ended June 30, 2025, compared to a net loss of $50.5 million for the quarter ended June 30, 2024.  

AquaBounty, a land-based aquaculture company that used technology such as genetic modification to enhance productivity and sustainability, ceased all farming operations last December after intense investment in a massive recirculating aquaculture system (RAS) in Pioneer, Ohio, that was closed down last year...