Chris Chase

The United Kingdom Marine Management Organisation (MMO) has begun installing Nemo I-VMS devices on the fishing fleet as part of its efforts to finally have monitoring for its under-12-meter fishing fleet. MMO announced new guidance on the I-VMS rollout in June, granting eligible fishermen the ability to register for a Nemo device from CLS UK (previously Fulcrum Maritime Systems) to replace existing Succorfish SC2 devices. Those devices needed to… Read More

Insula Seafood has sold its stake in First Seafood to the company’s management. In a post on its LinkedIn, Insula said the sale will be to First Seafoods’ management and to some external industrial investors. Insula has been the majority owner for ten years, owning 90.1 percent stake in the company. "First Seafood has developed into a strong and international seafood company during the ten years Insula has been the owner,” Insula CEO… Read More

The U.S. National Science Foundation (NSF) has awarded USD 15 million (EUR 13 million) to a program designed to bolster the maritime economy in New England. The NSF’s “Seafood Engine” is one of many of the foundation’s “Regional Innovation Engine” awards, which grants funding to teams that will build and scale innovation clusters to develop technology and prepare people for emerging jobs. This year, the NSF granted funding to 12… Read More

Tokyo, Japan-based Nichirei corporation reported it has been the target of a cyberattack which resulted in system failures at the company, causing issues for some of the foodservice operators it supplies. Nichirei, a food and logistics corporation that handles a range of products including seafood, said system failures it experienced were caused by an unauthorized attack, and that as of its announcement, there was no evidence personal… Read More

Global shipping rates continue to be high as the ongoing conflict between the U.S. and Iran drives up costs, and the latest attacks by Iran on vessels in the Strait of Hormuz could cause more issues. Trans-Pacific shipping rates appeared to moderate in early July, as spot rates for certain major routes stayed relatively flat after months of steady increases, according to shipping rate indexing and analysis firm Xeneta. “It is still a very… Read More

Hatch Blue has officially launched its Atlantic Canada Aquaculture Studio to support 10 early-stage aquaculture, aquatech, and marine biotechnology companies. Hatch Blue partnered with Oceans Advance in March to create the studio, and set the official launch for July 2026. The studio is the second of its kind launched by Hatch Blue in 2026, which announced a similar venue in Maine. The new studio will feature a nine-month program designed to… Read More

Land-based turbot and sole producer Stolt Sea Farm saw another quarter of increased revenue and profit in Q2 2026 and inaugurated a hatchery that completed construction. An earnings release by its parent company Stolt-Nielsen Limited indicated Stolt Sea Farm saw revenues of USD 35.2 million (EUR 30.8 million) in Q2 2026, up from the USD 29.7 million (EUR 26 million) it posted in the same period of 2025. Gross profit excluding fair value… Read More

Bengaluru, India-headquartered Captain Fresh has filed paperwork with Poland’s Office of Competition and Consumer Protection (UOKiK) to take control of seafood processing company Morex. Captain Fresh’s filing said it plans to acquire the company under its holding company Infifresh Foodtech, which is registered in Oslo, Norway. According to the filing, Morex produces a wide range of seafood products, with the largest sales volumes in… Read More

Canada’s Department of Fisheries and Oceans (DFO) said a routine patrol led to fishery officers seizing snow crabs. DFO reported officers from its Springdale detachment in Newfoundland and Labrador, while conducting a patrol, inspected a vessel and discovered roughly 860 pounds of snow crab that the department said was intended to be offloaded “without following the monitoring requirements as set out in the license conditions.” The… Read More

European media have reported the E.U. is considering a softer stance on Russian seafood after the bloc announced restrictions and bans in early June. European Commission President Ursula von der Leyen announced a new sanction package on Russia in June that included a total ban on cod and restrictions on other seafood goods. At the time, von der Leyen said the restrictions were intended to target fisheries, as it was one of the last major… Read More