Proximar Seafood's 2025 Results Highlight Steady Operational Progress and Stability

Proximar Seafood reported its fourth quarter and preliminary full-year 2025 results, pointing to continued operational improvements, stable biology and normalized feeding across its facility.

The report highlighted significant performance improvements after AI fish cameras were brought into use in December, verifying standing biomass and monitoring growth performance, which is showing solid gains. The company ended the year with close to 2,000 tonnes in standing biomass, providing a strong base for higher harvest weights and better price achievement in 2026.

Iceland Seafood International Achieves Notable Success in 2025 Across All Divisions

Iceland Seafood International announced its fourth-quarter and full-year 2025 financial results late Thursday afternoon, showcasing robust performance across all divisions and surpassing projected profit expectations.

"The year 2025 was a strong operating year for Iceland Seafood, building on the turnaround achieved in the previous year. All divisions within the Group delivered strong results during the year despite various external challenges, highlighting the business's resilience and competitiveness. This performance strengthens my belief that there are opportunities ahead that...

Mowi Amplifies Presence at Expo West 2026 with Innovative Salmon Offerings

Mowi is gearing up to attend Expo West for the second year, an industry event that brings together natural and organic professionals. The conference takes place at the Anaheim Convention Center from March 3rd through the 6th.

"Expo West is the perfect opportunity for Mowi to connect with retailers, buyers, and key partners across the natural and organic food industry while continuing to strengthen our position as a food company first. As salmon consumption continues to grow in the U.S., this food...

Salmon Evolution Scaling Up to a 2.8 Million Smolt Release in 2026 at Indre Harøy

Salmon Evolution’s Q4 financial results reflect revenues of 98.7 NOKm ($10.3 million) and a group EBITDA of -8.4 NOKm (-$878,226), following harvest of 1,203 tonnes HOG. Net of ramp-up costs in relation to phase 2, farming operations were breakeven in the quarter. 

High supply growth costs in late 2025 continued to pressure market prices. 

“While the quarter was affected by pressure on market prices, the underlying financial development was in line with our expectations,” said Trond Håkon Schaug-Pettersen, CEO of Salmon...

Norwegian Seafood Council Unveils Insights On Protein Consumption in Italy

A recent report by the Norwegian Seafood Council unveils key insights into protein consumption in Italy, with a special focus on increasing the appeal of salmon, stockfish, saltfish, and clipfish. Italy represents a crucial market for Norwegian seafood, particularly for salmon, which commands over a 90% market share, and stockfish with a full 100% share. The market share for saltfish and clipfish varies significantly, fluctuating between 13% and 85% based on the specific product type.

Country Director Tom-Jørgen Gangsø, based...

Cooke-Owned Kelly Cove Granted Expansion at Liverpool Bay After Week‑Long Public Hearing

Cooke Aquaculture-owned Kelly Cove Salmon was granted approval to expand its Liverpool Bay salmon farm in Nova Scotia, the company announced Feb. 17.

The Nova Scotia Aquaculture Review Board (ARB) approved changes at the site located offshore from Coffin Island in Liverpool Bay. The decision allows Kelly Cove to add six cages at the site, bringing the total to 20.

Kelly Cove has operated the farm for roughly 15 years in compliance with government regulations, Cooke said...

Sernapesca Says Invermar Mass Mortality Tied to Oxygen Depletion in Quinchao, Chile

Last Thursday, Chilean salmon farmer and processor Invermar S.A. activated its emergency response to a mass mortality event due to low oxygen levels in the ocean at their Traiguén 2 farming center at Quinchao near Chiloé Island.  

Inspectors from the National Fisheries and Aquaculture Service (Sernapesca) are on the ground, confirming that all activities outlined in the contingency action plan are being adequately addressed. 

So far, 283 tons of salmon have been reported affected, equivalent to 10% of the biomass at the farming facility...

Wild Alaskan Company Acquires Kasilof Buying Station, Moves to Improve Alaska’s Working Waterfronts

Wild Alaskan Company, an industry leader in direct-to-consumer sales, announced its acquisition of the Kasilof Buying Station yesterday, noting that it gives vessels a direct offload point during the summer salmon season.  

Located just upriver from the mouth of the Kasilof River, the station is on Alaska’s road system, enabling seamless integration into Wild Alaskan Company’s national DTC supply chain and improving speed, coordination, and market connectivity. The investment reflects the company’s long-term commitment to improving Alaska’s working waterfronts and seafood infrastructure...

Mowi Sees 8.3% Growth in Harvest Volume for 2026, Reaffirms Outlook Despite Market Pressures

Mowi closed 2025 with record-high revenues of EUR 5.73 billion ($6.80 billion) and harvest volumes of 559,000 metric tons (MT), capping a year of consistent operational gains despite industry-wide supply pressures that depressed salmon prices throughout the year.

“I am delighted that we are delivering on our strategy and am impressed yet again by the way this whole organisation constantly strives for both record volumes and record revenues throughout the value chain. It is also pleasing to see that costs...

SalMar Achieves Record Harvest and Cost Efficiency in Q4 2025 Amid Strong Operational Performance

SalMar delivered strong operational performance in the fourth quarter, setting a record harvest of 300,900 tonnes and achieving lower costs across its value chain, driven by continued solid operational and biological performance in Norway. Results were partly offset by a weak contribution from Scottish Sea Farms.

In the fourth quarter of fiscal year 2025, Norway achieved an operational EBIT of NOK 1,843 million with a harvest of 80,300 tonnes, resulting in an operational EBIT of NOK 23.0 per...

Proximar Seafood Projects Solid 2026 Outlook Amid Initial Q1 Size Distribution Challenges

Proximar Seafood said it has seen “positive biological developments” across most of its production, with the company expecting increased harvest weights and a solid 2026 outlook, according to a February 9 production update.

Proximar is a Norwegian land-based salmon farmer with a production facility in Japan. The company estimated harvest volumes of 3,500-4,5000 metric tons HOG in 2026.

“We are encouraged by the performance we are seeing, and the improvements we have made are clearly showing positive effects on growth...

Norway's Annual Salmon Mortality Rate Dips Below 15% for First Time in Several Years

The annual mortality rate (mortality risk) for farmed salmon in Norway finished 2025 at an estimated 14.2%, down from 15.4% a year ago and 16.7% in 2023, according to the Norwegian Veterinary Institute. This marks the first time the rate has fallen below 15% in several years.

The calculations were based on monthly records of the number of dead and live fish that farmers reported to Norwegian authorities, the institute explained.

“Several players have reported lower loss figures in 2025 and the Veterinary Institute's calculations support...

Japan: 2025 Fishery Product Imports Fell by 3% in Volume; Pollock Surimi up 36% from Russia, Down 11% from the US 

According to trade statistics released by the Ministry of Finance on January 29th, the volume of marine product imports in 2025 (preliminary figures, including seafood and seafood preparations, fishmeal, and seaweed) decreased 3% from the previous year to 2,024,014 tons, while import value increased 4% to 2,381,400,000 yen ($15,175,740.60). Fresh and frozen tuna increased 6% to 186,362 tons, fresh and frozen salmon and trout remained the same as the previous year at 219,397 tons, and sea urchin...

P.F. Chang's Unveils Limited-Time Valentine's Day Prix Fixe Menu

P.F. Chang's is embracing the spirit of love with a special Valentine's Day offering, a limited-time prix fixe menu available from February 12 through February 16 at participating locations nationwide.

For $89.99, guests can savor a five-course dinner for two, combining P.F. Chang's beloved classics with exciting new dishes. (Note: Pricing at New York City's Union Square and Honolulu, HI locations is set at $99.99).

"P.F. Chang's is a place where great food sets the tone for a...

US Market Challenges Push Norwegian Salmon Fillet Exports Down 37%, Poland and China Surge

Norwegian seafood exports fell 3% in value at the start of 2026 compared to January last year, as the US market faced “unpredictable tariffs,” a weaker dollar, and rising competition, the Norwegian Seafood Council reports. CEO Christian Chramer pointed to lower salmon prices, reduced quotas for several wild species, and challenging market access as key factors behind the decline.

At this point last year, the US was the largest single market for Norwegian seafood. Today, the value of exports destined for the US has declined...

Russia's 2025 Salmon Catch Up 100,000 Tons Year‑on‑Year

Russia remains the world’s largest producer of Pacific salmon, according to recent statements from experts at the Russian Federal Agency for Fisheries (Rosrybolovstvo).

An agency spokesperson said that during the last salmon fishing season, Russia’s catch totaled approximately 335,500 tons, about 100,000 tons higher than in 2024. The bulk of the catch traditionally comes from Kamchatka.

As a result, Russia is currently fully self‑sufficient in salmon and caviar, though it continues to import Atlantic salmon, primarily from Chile...

Scottish Salmon Eyes £130M India Opportunity After India-UK Trade Deal

Salmon Scotland, an advocacy group focused on the nation’s farmed salmon industry, said Scottish salmon exports to India could add £130 million to the economy ($176 million) over the next decade.

The group said producers in Scotland are prepping for improved market access to India following the recent India-UK trade agreement. At the moment, Scottish salmon faces a 33% import duty, but that barrier is expected to disappear this year when the agreement comes into force.

“This paves the way for...

Biosort Secures NOK 100 Million to Transform Salmon Farming with Advanced Lice Control Technology

Innovation in salmon farming is set to take a leap forward as Biosort secures over NOK 100 million from a consortium of notable aquaculture and technology investors. With contributions from Grieg Kapital, Hatch Blue, IVC, Farvatn, and Futurum Ventures, alongside existing owners, the funding aims to propel the commercial launch of Biosort's cutting-edge lice control system.

Biosort's new technology targets lice at early stages, curtailing population surges and minimizing the need for traditional pen treatments. "This funding bridges the...

Salmon Farming Innovation Drive Nears £200 Million

Innovation in Scotland’s salmon farming sector has surged to almost £200 million, an independent review has found.

In total, 268 publicly supported projects worth more than £183 million have been delivered since 2018 by salmon producers, supply chain businesses, universities, and public funders working in partnership.

The figure excludes projects funded entirely by companies, meaning overall spending on new technology is likely to be significantly higher.

The review, conducted by research consultancy Frontline and commissioned by the Sustainable Aquaculture Innovation Centre (SAIC) and trade body...

Echo Falls to Showcase Smoked Salmon Party Slices and On‑The‑Go Salmon Bites at SENA 2026

With one month to go before the seafood industry converges on the Boston Convention Center, Echo Falls Seafoods is gearing up to unveil new products at Seafood Expo North America 2026.

Echo Falls will introduce Smoked Norwegian Atlantic Salmon Party Slices at the show. The item is described as suitable for appetizer bases and comes in three flavors: Pepper, Traditional, and Dill.

The company will also showcase Smoked Atlantic Salmon Bites, a product it calls “game-changing” in the retail snack category...

Iceland Foods Expands ASC-Certified Frozen Seafood Range to 15 SKUs with Salmon, Sea Bass and More

UK retailer Iceland Foods has expanded its Aquaculture Stewardship Council (ASC)-labeled seafood range with new products launched earlier this month.

The expansion supports the company's goal to increase its ASC-certified products to 25 by the end of 2026, offering consumers a wider selection of sustainable seafood options.

Stuart Lendrum, Director of Product, Process & Sustainability at Iceland Foods, said: “Our customers want reassurance that the products they choose support a healthier planet, and by growing our responsibly sourced seafood range...

FDA Issues Warning Letter to Maui Seafood Over Listeria Contamination, HACCP Violations

The US Food and Drug Administration (FDA) has issued a warning letter to Maui Seafood LLC of Las Vegas, NV, citing the presence of Listeria monocytogenes in its ready‑to‑eat (RTE) seafood processing facility and multiple violations of federal seafood HACCP regulations.

The inspection, conducted from April 28 to May 16, 2025, found L. monocytogenes on several food contact surfaces, including salmon cutting boards, staging area curtains, and processing room drains. Whole-genome sequencing linked the strain detected at the facility to clinical cases from previous years...

Smoked Fish Producer Big O’Smokehouse Partners With Meijer for Local Endcap Program in Michigan

Michigan-based smoked fish and sausage producer Big O’Smokehouse has partnered with major US retailer Meijer through a local endcap program.

Big O’Smokehouse is a third-generation family-owned business based in the Grand Rapids area. It produces summer sausage, salmon jerky and whitefish dip.

Grandpa O’ and his son, Keith Osterhaven, started Big O’ Smokehouse in 1997, and Keith’s son, Bruce, now leads the company. Bruce’s daughter Ellie manages the operations, and Kendra Higgins leads sales and marketing, Meijer noted in a press release...

NASCAR's Busch Family Reignites Successful StarKist Partnership for a Second Year

In a partnership renewal, the NASCAR family- Kyle, Samantha, and Brexton Busch- is once again joining forces with StarKist, building on a highly successful collaboration last year.

"It's going to be another great year with our friends at StarKist. I grew up with the brand, and I'm a big fan," expressed Kyle Busch. "Daytona sets the tone for a long season with nonstop momentum, and racing 500 miles requires serious focus and energy behind the wheel. I never slow down, so I rely on StarKist's great-tasting...

Icelandic Salmon Finishes 2025 With Q4 Operational Profit, Full-Year Loss Narrows

Icelandic Salmon reported improved operational performance in Q4 2025, delivering an operational EBIT of EUR 2.6 million ($3.1 million) on a harvest of 3,800mt (gwt), helping the group finish the quarter in positive territory after a challenging year. Harvest for 2025 totaled 12,700 mt, versus guidance of 13,000 mt (300 mt moved into Jan 2026). Full‑year EBIT remained negative at EUR -18.1 million.

Operational cost cuts implemented in Q3 helped reduce cost levels in Q4, while biomass in sea reached an all‑time high of about 18,000mt...

Bakkafrost Reports Financial Pressures in Q4 2025 Linked to Salmon Oversupply

In the fourth quarter of 2025, Bakkafrost demonstrated solid operational resilience despite confronting unsatisfactory financial results driven by a substantial increase in the global salmon supply. This oversupply affected market prices, further complicating financial performance. The group's focus on biological control and strategic investments has strengthened its operational groundwork, allowing it to weather these challenging market conditions.

Performance across regions indicated mixed results. The Faroe Islands saw notable financial growth with revenues reaching DKK 1,544 million, a significant increase from the previous...

Atlantic Sapphire Seeks Up to $25 Million to Sustain Phase 1 Turnaround Toward EBITDA Breakeven

Atlantic Sapphire ASA outlined a financing plan to support its ongoing Phase 1 turnaround and target EBITDA breakeven, according to a February 5 update. The company says it is evaluating funding options of roughly USD 15–25 million to underpin continued execution across production, processing and commercial operations and to ensure liquidity headroom through the planning horizon.

Over the last 18 months, Atlantic Sapphire has pursued a broad-based operational overhaul, reporting tangible gains in harvest biomass (4,365 tons HOG in 2024 to...

Boston Sword & Tuna, Vikenco Settle Litigation, Confirm Ongoing Partnership

Boston Sword & Tuna (BST) resolved its litigation against the Norwegian salmon company Vikenco AS, the companies announced in a joint statement on February 5.

The resolution will see the long-standing partnership between the two firms remain in place. The settlement will resolve all claims between the parties, with no admissions of liability or wrongdoing by either party.

In April 2025, BST and its parent company, Fortune International, filed a lawsuit against a former employee and Vikenco North America.

The legal complaint, filed on April 29, 2025...

Rabobank: Salmon Supply Growth to Stall, Tariffs, Trade Shifts to Drive Shrimp Volume

Resilient consumer demand is keeping prices firm across major aquaculture species as 2026 gets underway, even with constrained supply, shifting trade flows, and geopolitical uncertainty continuing to test seafood markets around the world, according to Rabobank’s latest Global Aquaculture Update.

“While inflation has eased in major economies, supporting demand, the industry still faces headwinds from macroeconomic uncertainty, evolving tariff regimes, and climate‑related pressures,” said Novel Sharma, Seafood analyst at RaboResearch.

Farmed salmon input is expected to largely stall in 2026, with a potential...

StarKist Launches ‘Fuel Good, Feel Good’ Campaign Featuring Former Bachelorette, US Hockey Hero

Staple US seafood brand StarKist launched its latest campaign, ‘Fuel Good, Feel Good,’ which is designed to show how fueling up with protein helps consumers accomplish their everyday goals, both big and small.

To bring its new campaign to life, StarKist partnered with a group of creators who will showcase how StarKist’s ready-to-eat products support energy and help people feel good. Partners include former Bachelorette Becca Kufrin, Savannah Bananas star Jackson Olson, and former US Olympic hockey hero TJ Oshie...