Chris Chase

Chris Chase

Executive Editor

Chris Chase is the Portland, Maine-based executive 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.


Author Archive

Published on
October 17, 2024

A King County Superior Court judge in the U.S. state of Washington has denied a stay on the sale of Peter Pan Seafoods’ assets to Rodger May as the matter continues to make its way through court.

May won an auction to acquire Peter Pan Seafoods’ assets with a bid of more than USD 37.32 million (EUR 34.47 million) for three processing facilities, the company’s groundfish quota, and other assets. The assets, auctioned on 16 and

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Published on
October 16, 2024

Costa Rica-based Aqua Alimentos, also known as AquaFoods, has filed for bankruptcy protective measures after receiving a U.S. Food and Drug Administration (FDA) import suspension.

In a relevant fact document submitted to Sugeval – the Superintendency of Securities of Costa Rica – the company announced it has requested the bankruptcy protection measures.

“The purpose of the application for the measures is to file a bankruptcy

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Published on
October 16, 2024

Akranes, Iceland-based Skaginn 3X has been purchased out of bankruptcy by KAPP Skaginn, a newly-formed investment company majority-owned Icelandic technology company KAPP.

Skaginn 3X filed for insolvency in July 2024, just over one year after Germany-headquartered seafood-processing equipment manufacturer BAADER purchased the company outright. At the time BAADER, which first acquired a majority stake in Skaginn 3X in 2020, said it was unable to

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Published on
October 15, 2024

Barramundi Group has applied to the High Court of the Republic of Singapore for a six-month moratorium on any receivership and legal proceedings against the company as it works to restructure.

Barramundi Group began a comprehensive restructuring scheme in September 2024 to deal with financial difficulties. The company was placed on the Oslo Børs penalty bench in June 2024 after failing to meet deadlines to disclose its financial results

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Published on
October 15, 2024

Russia’s Ministry of Agriculture has announced a quota increase for  pollock caught in its Far East Basin fishery in 2025, a move counter to both scientific advice and requests from some national fishing groups.

Russia was initially considering cutting its pollock quota, with the Russian Federal Fisheries Agency (Rosrybolovstvo) Head Ilya Shestakov acknowledging requests from the Association of Fishing Fleet Shipowners (ASFF), the

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Published on
October 11, 2024

Holding and investment company Novo Holdings has agreed to acquire a majority stake in aquaculture technology company Stingray Marine Solutions.

Novo Holdings had assets of EUR 149 billion (USD 163 million) as of the end of 2023, is wholly owned by the Novo Nordisk Foundation, and is the controlling shareholder of Novo Nordisk and Novonesis. The company said its latest investment in Stingray Marine Solutions was made by its Planetary Health

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Published on
October 10, 2024

An analysis of U.S. trade and import data by Oceana has discovered seafood from Trinidad and Tobago has continued to enter the U.S. market in large volumes even as the European Union bans the products due to the country's alleged non-cooperation in the fight against illegal, unreported, and unregulated (IUU) fishing.

The E.U. issued Trinidad and Tobago with a yellow card in 2016, a warning that the country must improve its fisheries

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