Daily recap: Receiver looks to sell NaturalShrimp assets; Royal Greenland’s Quin-Sea claims defamation

Here's a recap of the top daily seafood stories from Monday, Feb. 17.

• Receiver for US RAS producer NaturalShrimp seeks approval to sell $16.8m in assets

NaturalShrimp, a recirculating aquaculture system (RAS) producer of shrimp based in Dallas, Texas, has fallen into receivership and its creditors are pushing for liquidation, according to court filings and the company's SEC disclosures.

• Royal Greenland affiliate Quin-Sea claims defamation by Canadian processor group

Add a defamation lawsuit to the months-long fight between Quin-Sea Fisheries, a division of Royal Greenland, and the Association of Seafood Producers (ASP).

• Spanish tuna processor Frime targets US, Europe in pursuit of €250m sales

Barcelona, Spain-based tuna?processor Frime aims to increase its revenue by 15% year-on-year to €200 million in 2025 and to reach €250m ($260.63m) by 2028, sources with the firm told?Undercurrent News.?

• MSC reaffirms sustainability of Alaska hatchery-raised salmon

Hatchery-raised Alaska salmon have passed an independent audit that "reaffirmed that wild salmon populations continue to thrive, maintaining the necessary genetic integrity to remain productive into the future," the Marine Stewardship Council announced on Friday (Feb. 14).

• Japan’s Kyokuyo-backed STI Food to acquire premium seafood deli manufacturer

STI Food Holdings, Kyokuyo and Seven-Eleven Japan-backed Japanese seafood processor will acquire Ajino Hamato Group, a premium seafood delicacies manufacturer, effective Apr. 1, the former announced on Thursday (Feb. 13).

• Thai Union puts faith in ‘Strategy 2030’ as it posts high annual margins after Red Lobster exit

Thai Union Group has kept a bullish outlook for 2025 in spite of trade uncertainty, after its full-year results showed the full scale of its margin improvement since selling its 25% stake in US restaurant chain Red Lobster Management in the first quarter of last year.