Chris Chase

The U.S. Food and Drug Administration (FDA) has sent a warning letter to Stavis Seafoods over regulatory violations at its Boston, Massachusetts, U.S.A.-based facility.  A warning letter sent by the FDA said an inspection in February found “serious violations” of Hazard Analysis and Critical Control Point (HACCP) regulations. Specifically, 21 CFR 123.12 – which requires companies to have importer verifications by either obtaining products… Read More

Iceland-based Kaldvik reported a drop in revenue and in earnings in Q1 2026 as the company was forced to harvest salmon early due to winter wounds. Kaldvik reported its revenue fell to EUR 36.5 million (USD 42.4 million) in Q1 2026, down from the EUR 48.4 million (USD 56.2 million) it posted in Q1 2025. Operational EBIT fell from a gain of EUR 9.8 million (USD 11.4 million) in Q1 2025 to a loss of EUR 26.4 million (USD 30.7 million) in Q1 2026,… Read More

Iceland-based seafood company Brim has sold its stake in Danish company Polar Seafood Denmark to Polar Seafood Greenland for DKK 925 million (USD 143.9 million, EUR 123.7 million), and has also finalized acquiring all shares in fish oil production company Lysi. Brim said it agreed to sell its 50 percent stake in the Polar Seafood Denmark, while its S-13 Holding subsidiary retained its stake in the company. Polar Seafood Greenland Chair Michael… Read More

Bay de Verde, Newfoundland, Canada-based Quinlan Brothers has filed a statement with the Supreme Court of Newfoundland and Labrador seeking damages related to the province’s seizure and destruction of snow crab. The Newfoundland Department of Fisheries levied charges against Quinlan for allegedly processing dead snow crab and moving snow crab while under detention in July 2024. At the time, the department claimed there were quality and… Read More

The Office of the United States Trade Representative (USTR) has announced plans for a new set of sweeping Section 301 tariffs against 60 separate economies. The USTR said it will impose duties on 59 different countries and the entire European Union for what it calls a failure to enforce prohibitions on the importation of goods produced with forced labor. In its publication to the Federal Register, the USTR said it will propose a tariff rate of… Read More

The administration of U.S. President Donald Trump is dismantling a deep-ocean observation system put in place over a decade ago, leaving gaps in scientific data that assists in everything from storm forecasting to fishery health. The Ocean Observatories Initiative (OOI) consists of six different underwater monitoring arrays that the U.S. National Science Foundation (NSF) said is the most advanced continuously-operated observing systems in the… Read More

The Future of Fish Feed (F3) has announced the latest contestants in its Fish Farm Challenge, which rewards companies that raise carnivorous finfish on feeds that are free of marine animal ingredients.  The F3 challenge has been running for over a decade, with past winners including Brazil-based BRF Ingredients, Veramaris, Star Milling Co., Empagran, and more. This year, the contest includes participants raising red sea bream, rainbow trout,… Read More

Nearly 20 years ago, a longstanding ice business based in Louisville, Kentucky, U.S.A., that was founded in 1904 branched into produce for the first time. Now under the name What Chefs Want, that small ice company is actively constructing new distribution facilities across a swath of U.S. states to keep up with demand for its specialty wholesale food delivery service, which covers everything from onions to specialty seafood species.  What… Read More

Aquaculture company Barramundi Group reported a profit in FY 2025 after a restructuring scheme approved by the Singapore High Court allowed it to write off some of its debt. The company reported a USD 1.84 million (EUR 1.58 million) profit for FY 2025, a significant increase compared to the USD 8.6 million (EUR 7.4 million) in losses it posted for FY 2024. That increase was entirely due to “other income,” as its revenue actually decreased… Read More

Norway-based halibut-farming company Nordic Halibut has secured another NOK 500 million (USD 54 million, EUR 46 million) under its overdraft facility and acquired two other companies in the wake of a solid first-quarter performance.  The company announced that SpareBank 1 Sør-Norge and Eksfin granted an increase in available liquidity to NOK 500 million, which Nordic Halibut said will support expansion in biomass production. The company said… Read More