Daily recap: Peruvian squid prices triple; Wells Fargo urges judge to approve Peter Pan asset sale

Here's?a recap of the top daily seafood stories from Wednesday, Oct. 2:

• Conxemar 2024: Peruvian squid prices triple as market faces unprecedented shortage

Undercurrent News?continued to report live from the Conxemar show in Vigo, Spain -- catch all the latest blog updates here.

• Wells Fargo urges judge to approve Peter Pan asset sale to Rodger May

US lender Wells Fargo Bank, the largest creditor behind the bankrupt US firm Peter Pan Seafoods, is urging a judge to approve a $37 million bid made by the company's former co-owner, Rodger May.

• Royal Greenland UK's top exec of 11 years out amid Europe downsizing

Royal Greenland's ongoing recovery plan, in which it will "turn every stone" to increase optimization and efficiency, has seen a small number of roles at its UK office transferred to a new service center in Gdansk, Poland, CEO Susanne Arfelt Rajamand told Undercurrent News.

• Nissui acquires French plant to expand European tapas market presence

Japanese seafood giant Nissui Corp has acquired an existing plant in Saint-Hernin, France, from Guyader Traiteur Frais to expand its tapas product lineup, a rapidly growing category within the EU market, the former announced on Wednesday.

• Canadian, Norwegian, Swedish firms team up on land-based Quebec salmon farm

A new 10,000 metric ton land-based salmon farming facility is taking shape in Quebec -- the second such project in the Canadian province -- further making it a hotspot for the sector.