Chris Chase is the Portland, Maine-based associate 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.
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The minority owners of Nova Scotia, Canada-based recirculating aquaculture system (RAS) company Sustainable Blue have requested the company be placed into receivership.
"An application for receivership has been filed. Beyond that, I can’t comment further at this stage as the matter is before the court," Sustainable Blue CEO Kirk Havercroft said.
The failure of its aquaculture systems due to filtration problems in November 2023 resulted in
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Cape Town, South-Africa based Oceana Group posted a 13.2 percent increase in revenue for the five months ending on 25 February 2024, the company said in a voluntary trading update.
The company said record prices for fish oil and fishmeal during the period benefited its subsidiary, Daybrook, which was the main driver behind the higher revenue. The subsidiary was carrying higher opening inventory levels from the end of the October 2023 fishing
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The Newfoundland and Labrador Standing Fish Price Setting Panel has settled on the minimum price that the Canadian province’s snow crab harvesters will be paid during the season, selecting the processors' suggested price over the Fish Food and Allied Workers Union's (FFAW) preferred price for the third year in a row.
The price-setting panel has chosen a pricing formula created by the Association of Seafood Producers (ASP), which sets
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Russia’s catch across its fisheries is averaging ahead of 2023's numbers.
Russia’s Federal Fishery Agency (Rosrybolovstvo) is reporting fishermen have, as of 28 March, caught 1.38 million metric tons (MT) across multiple species – 2.3 percent ahead of 2023.
The current catch volume, according to Rosrybolovstvo, is largely thanks to the amount caught by fishermen in Russia’s Far East. So far, fishers in the Far East
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