London-based seafood writer and communications consultant Jason Holland has been a contributing editor to SeafoodSource.com since January 2010. Jason has more than 25 years of experience as a B2B journalist and editor – a career that has taken him all over the world. He believes he found his true professional calling in 2004 when he started documenting the many facets of the international seafood industry and he’s particularly proud of the strong, collaborative relationships he has formed at all stages of the supply chain.
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According to new research from Dutch banking and financial services firm Rabobank, escalating trade disputes and geopolitical tensions are battering the global seafood industry, and the long-established supply chains for shrimp, salmon, tilapia, pangasius, and groundfish are facing unprecedented disruption.
The Rabobank report, “Caught in the Current: Geopolitics Threaten the Global Seafood Industry,” advises that some seafood
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Reykjavik, Iceland-headquartered Iceland Seafood International (ISI) has reported strong results for the first half of 2025, including a doubling of its year-over-year normalized profit before tax (PBT) to EUR 2.3 million (USD 2.7 million).
CEO Ægir Páll Friðbertsson attributed the solid six-month performance to strong demand and record-high prices for cod.
In a statement accompanying ISI’s H1 2025 results, Friðbertsson
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Faroe Islands-based salmon-farming firm Bakkafrost delivered “exceptionally strong” biological performance in its Faroese operations during the second quarter of this year, but low global salmon prices dragged on earnings and continued biological issues in Scotland forced the firm to put its U.K. operations under Faroese control moving forward.
Delivering the group’s Q2 2025 results, CEO Regin Jacobsen said he was dissatisfied
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Bergen, Norway-headquartered salmon-farming firm Grieg Seafood underwent big changes in the second quarter of 2025, a period in which the firm made the decision to sell its operations in Canada and Finnmark, Norway, to the Cermaq Group for NOK 10.2 billion (USD 1 billion, EUR 862 million).
Though the deal was not announced until mid-July, Grieg said in its Q2 2025 financial report that the firm’s board made the decision to sell off those
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Bíldudalur, Iceland-headquartered Icelandic Salmon, which owns fish-farming firm Arnarlax, was forced to conduct an accelerated harvest in the second quarter of 2025 in response to an outbreak of bacterial kidney disease (BKD) at two farming sites.
This resulted in a Q2 harvest of 4,000 gutted weight tons (GWT), compared to 700 GWT in the same period a year prior. Because the need to harvest quickly came at the end of the three-month
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Frøya, Norway-headquartered salmon-farming firm SalMar posted large decreases in operational EBIT in the second quarter of 2025, largely due to the downgraded quality of harvested fish in Central Norway and lower market prices that companies across the sector faced in the period, according to CEO Frode Arntsen.
SalMar Group posted operational Q2 2025 EBIT of NOK 524 million (USD 51.5 million, EUR 44.2 million), down compared to the NOK
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Klepp, Norway-based aquaculture technology firm AKVA group achieved record revenues and EBIT in the second quarter of 2025, along with an order pipeline that allows it to maintain its growth projections for the rest of the year and beyond.
AKVA recorded 15 percent higher revenues in Q2 compared to the same period last year – posting a record NOK 1.17 billion (USD 114.1 million, EUR 97.9 million). The firm also recorded an all-time high in
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Bergen, Norway-headquartered Lerøy Seafood Group’s integrated value chain and robust business model helped it weather industry headwinds in the second quarter of 2025, according to CEO Henning Beltestad.
Delivering the group’s Q2 results on 20 August, Beltestad said the three-month period featured solid operations across all three of Lerøy’s business segments – Farming, Wild Catch, and VAP, Sales, and
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Bergen, Norway-headquartered salmon-farming firm Mowi has increased its harvest guidance for the full year of 2025 after recording yet another record harvest in the second quarter of the year.
Delivering Mowi’s Q2 results on 20 August, Mowi CEO Ivan Vindheim said the firm has increased its harvest guidance for the year by 15,000 gutted weight tons (GWT) to 545,000 GWT. Beyond that, the target for 2026 is a harvest of 600,000 GWT, and the
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Despite its reputation as one of the most sustainable sources of tuna globally, pole-and-line fisheries are falling short when it comes to animal welfare, according to Carefish/catch, a research initiative backed by an international consortium of fishery stakeholders and research groups that focuses on studying animal welfare issues in fisheries around the world.
A new Carefish/catch report titled “Welfare assessment in pole and line
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