Daily recap: Live from Arctic Securities event; Rosenberg steps down as Thai Union North America CEO

Daily recap: Live from Arctic Securities event; Rosenberg steps down as Thai Union North America CEO

Here's a recap of the top daily seafood stories from Thursday, Nov. 21

  • Arctic Securities conference: $1.8bn of earnings growth possible for salmon in years ahead

Undercurrent News reported live from the Arctic Securities Seafood Investor Conference on Nov. 21, which brought together many of Norway's largest seafood companies in the capital, Oslo, at the Hotel Continental.

  • Rosenberg steps down as Thai Union North America CEO

Thai Union Group PCL. has announced that Bryan Rosenberg has decided to step down as CEO of its North America division, effective Jan. 1, 2025. Rosenberg will remain with the company, supporting strategic interests in the North American market.

  • Liquidation experts take over troubled US offshore farmer that once had $170m backing

Despite?raising a reported $170 million from investors to farm kampachi off the coast of Panama, US-based Forever Oceans may be?heading toward liquidation,?as restructuring specialists have been brought in to manage its affairs.

  • H&G Russian pollock prices stable for Chinese processors, for now

Prices for headed and gutted Russian pollock are stable at the highest level since week eight of 2023, before the fillet market started to crash.

  • US Pacific hake supplier Sogda at mercy of nature as TAC, landings diverge

When asked for a forecast on next year's Pacific hake catches, Robert Gershberg , purchasing manager at the US state of Washington-based processor and distributor Sogda can say little with any certainty these days.?

  • ICCAT lifts Atlantic bigeye tuna quota to 73,000t

The annual catch quota for Atlantic bigeye tuna will increase to 73,000 metric tons for 2025-2027, marking an 18% raise from the recent years' cap of 62,000t.

  • Oregon Dungy crab season postponed due to domoic acid, low meat yield

The start of Oregon's Dungeness crab season has been pushed back because of concerns over low meat yields and high levels of domoic acid, as reported by the Oregon Department of Agriculture.

  • US FDA investigates 'forever chemicals' contamination of seafood

Per- and polyfluoroalkyl substances are chemicals that can be found in cleaning products, paints and, also, seafood. The US Food and Drug Administration tests don't lie. Now, the federal agency is seeking more information from the seafood industry on PFAS contamination.


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