Chris Chase is the Portland, Maine-based executive editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
Author Archive
Published on
February 9, 2026
Japanese seafood company Nissui posted a double-digit percentage increase in its operating and ordinary profit in Q3 2025, or the three-month period ending 31 December 2025.
Nissui posted net sales of JPY 689.7 billion (USD 4.4 billion EUR 3.7 billion), marking a year-over-year increase of 4 percent compared to Q3 2024. That increase in revenue came with a significant increase in profit, with the company posting an operating profit of JPY 31.4… Read More
Published on
February 6, 2026
Fortune International subsidiary Boston Sword and Tuna (BST) has reached a settlement agreement with Vikenco over prior litigation that alleged the latter company stole confidential business information.
The lawsuit, launched in April 2025 by Fortune and BST, alleged Vikenco North America CEO Christopher Marchese breached contractual obligations and misappropriated “significant amounts” of confidential and proprietary information from BST.… Read More
Published on
February 6, 2026
Denmark-based feed company BioMar has acquired all outstanding shares in BioMar Ecuador, a move it announced soon after it posted preliminary results indicating flat revenue and earnings in FY 2025.
BioMar reported revenue of DKK 16.5 billion (USD 2.61 billion, EUR 2.21 billion) for the full year, which was within the narrowed revenue guidance it adopted in Q3 2025. If finalized in its official FY 2025 results, it would be a slight decline from… Read More
Published on
February 6, 2026
The National Fisheries Institute (NFI) is participating in a new coalition that aims to keep the United States-Mexico-Canada Agreement (USCMA) in place as the trade deal approaches its first major joint review in July 2026.
The new coalition, titled the Agricultural Coalition for USMCA, is working to advocate for maintaining the trade agreement – with some targeted adjustments to benefit agricultural industries. NFI is joined on the coalition… Read More
Published on
February 5, 2026
Mitsubishi-owned salmon-farming company Cermaq reported slightly lower net income in the nine months ending 31 December 2025, soon after it acquired several assets from fellow salmon farmer Grieg, as low prices suppressed earnings despite higher harvests.
Mitsubishi reported Cermaq’s net income slid to JPY 7.1 billion (USD 45 million, EUR 38 million), down from the JPY 8.1 billion (USD 51 million, EUR 43 million) it posted in the same period… Read More
Published on
February 5, 2026
Norway's seafood export value shrank in January 2026 compared to the same period of 2025, as the U.S. market contracted heavily and lost its position as the country's largest market.
Norway exported NOK 14.8 billion (USD 1.53 billion, EUR 1.30 billion) worth of seafood in January 2026, down 3 percent, or NOK 416 million (USD 43 million, EUR 36 million), over the same period of 2025, according to statistics shared by the Norwegian Seafood Council… Read More
Published on
February 4, 2026
The Canadian province of Newfoundland and Labrador has withdrawn from a memorandum of understanding (MoU) that would have established a national marine conservation area (MCA).
The MoU was signed between the government of Newfoundland and Labrador, Miawpukek First Nation, Qalipu First Nation, and the town of Burgeo in June 2023 to determine whether the conservation area was feasible. Newfoundland and Labrador Minister of Environment,… Read More
Published on
February 4, 2026
The U.S. Coast Guard helped coordinate the rescue of 27 people from a Venezuela-flagged fishing vessel that sank roughly 500 miles northwest of the Galapagos Islands.
According to a release from the Coast Guard, the 240-foot fishing vessel La Pena issued a distress call at 3:51 p.m. Pacific Standard Time on 31 January, reporting that the vessel had caught fire and sank. All 27 crew members on the vessel at the time managed to evacuate onto an… Read More
Published on
February 3, 2026
The Federal Court of Appeals in Canada has denied an attempt by salmon-farming company Mowi Canada West to appeal the denial of aquaculture licenses for its salmon farms in the Discovery Islands, located in British Columbia, Canada.
In its decision released on 29 January, the court of appeals upheld a June 2024 decision that found former Canada Minister of Fisheries, Oceans, and the Canadian Coast Guard Joyce Murray operated within her… Read More
Published on
February 3, 2026
Chilean salmon aquaculture company AquaChile posted increased earnings and profits in FY 2025 despite what it called a challenging pricing environment throughout the year.
AquaChile posted an increase in revenue over FY 2025, bringing in USD 1.88 billion (EUR 1.59 billion) during the year, up from the USD 1.65 billion (EUR 1.39 billion) it posted in the same period of 2024. The company also reported that its cost of sales increase at a slower… Read More
