Jason Holland

Bergen, Norway-headquartered salmon-farming firm Mowi harvested around 133,500 metric tons (MT) of gutted weight (GWT) farmed salmon in the last quarter of 2024, which was over 4,000 MT more than in the corresponding period of the previous year and 1,400 MT ahead of the forecast the company made for the period in Q3 2024.

The Q4 volume contributes to a record full-year harvest of 502,000 MT, overhauling Mowi’s previous best of 475,000 MT,

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Norwegian seafood exports enjoyed an incredibly successful 2024 by setting a new trade value record in excess of NOK 175 billion (USD 15.3 billion, EUR 14.9 billion).

While most sectors in the country’s seafood industry reaped the rewards of the successful year, the nation’s cod sector struggled to keep up – a struggle experts predict will persist this year.

Significant quota cuts and reduced landings challenged cod supply

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Norwegian salmon-farming firms Lerøy, Grieg, and SalMar, as well as Faroese firm Bakkafrost, have released trading updates for the fourth quarter of 2024 that provide abridged financial results before each firm releases its full financial results later in the winter.

According to its latest trading update, Bergen, Norway-headquartered Lerøy Seafood Group (LSG) harvested approximately 56,800 gutted weight tons (GWT) of Atlantic

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Scotland’s fishing and processing communities urgently need the protection and commitment of U.K. government policies, according to the Scottish Seafood Association (SSA). “Food security is paramount for the nation, and to achieve this, a fair and balanced strategy is required – one that prioritizes sustainable practices and the well-being of coastal communities,” the trade group said in a recent statement.  Representing more than 70… Read More

Rates of overfishing in both the Mediterranean and Black seas are continuing to fall, with the percentage of stocks deemed overexploited now falling below 60 percent in the region for the first time, according to the General Fisheries Commission for the Mediterranean (GFCM).

According to a recent GFCM publication titled “The State of Mediterranean and Black Sea Fisheries (SoMFi) 2023,” that fishing pressure is still twice the level

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If U.K. citizens were to buy more domestically produced seafood, it could help the nation better meet dietary recommendations and climate goals, according to a new study conducted by the Rowett Institute at the University of Aberdeen in Scotland.

The research – funded through Scotland’s Rural and Environment Science and Analytical Services Division (RESAS) – mapped U.K. seafood production, trade, purchases, and consumption

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Last year presented several challenges to the Scottish smoked salmon sector, including high prices for raw materials and cost-of-living issues squeezing the wallets of consumers.

However, Aberdeen, Scotland-based smoked salmon producer John Ross is entering the new year positively by announcing plans for expansion and having recently been granted the Royal Warrant of Appointment as Fish Merchant and Curer to King Charles III.

The firm has a

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The European Market Observatory for Fisheries and Aquaculture Products (EUMOFA) recently released its annual report on E.U. seafood trends, focusing on and analyzing finalized data for 2023, which found fish prices rose across the E.U. in 2023.

According to the report, titled “The EU Fish Market – 2024 Edition,” E.U. household expenditures on seafood reached EUR 62.3 billion (USD 65.4 billion) in 2023, representing a 6 percent

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Rabobank’s RaboResearch unit is forecasting an increase in global aquaculture production in 2025, with increases seen in both farmed fish and shrimp volumes.

While increasing tariffs and trade restrictions may bring uncertainty or impede the industry, lower feed prices and rising demand should benefit producers, according to “Global Aquaculture Outlook 2025,” published by Rabobank’s Global Animal Protein Sector team. The

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Despite tightening transparency regulations across the globe and increasing demand from consumers for accountability, traceability in seafood supply chains is far from being as robust as it should be, according to a new report from London, U.K.-based investor network FAIRR Initiative.

The report, “Tracing Risk and Opportunity: The Critical Need for Traceability in Today’s Seafood Supply Chains,” analyzed the material business

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