Daily recap: Live from Shanghai; Low shrimp prices drive labor abuse in Vietnam

Here's?a recap of the top daily seafood stories from Thursday, Aug. 29:?

• Shanghai show 2024: China's Atlantic salmon consumption set to surge; Norway cod farmer ventures into East Asia

Undercurrent News continued live-blogging from the 18th edition of the Shanghai International Fisheries and Seafood Exhibition, held at the Shanghai New International Expo Center from Aug. 28 to 30. Catch all the latest updates here.

• Low shrimp wholesale prices driving labor abuse in Vietnam, report finds

Many workers in Vietnamese shrimp plants have been driven into poverty since the pandemic as a result of the global slump in prices, found a new report released Thursday.

• Former Salmon Evolution CEO joins, invests in Icelandic farmer

Hakon Andre Berg -- former CEO of Norwegian land-based aquaculture business Salmon Evolution -- has joined and invested in Iceland's GeoSalmo, becoming a "significant shareholder."

• Norwegian salmon spot prices to settle at lower Q3 levels than in 2023

Norwegian aquaculture firm Masoval expects salmon prices in the third quarter of 2024 to be lower than in the same period last year, pointing to Fish Pool's forward price estimates.

• Gulf of Alaska pink salmon harvest reminiscent of disaster season

The 2024 pink salmon harvest in Alaska is lining up to be one of the worst in years, including in some of the US state's most productive regions for landings of the fish.