Bhavana Scalia-Bruce

Shipping container prices have begun to stabilize and recover, with the shipping industry anticipating a comeback from the declines and heavy fluctuations in early 2023.

Consumer demand for containers has continued to rise, according to shipping logistics and data firm Container xChange.

Over the past 30 days, container prices have been stable, compared to the "volatility" of the past 90 days. The market, Container xChange said, experienced

To keep up to date with the latest personnel changes across the seafood industry, SeafoodSource is compiling a regular round-up of hiring announcements and other personnel-related shifts worldwide. If you have an announcement, please send it to [email protected].

- Land-based aquaculture company AquaBounty announced the promotion of David F. Melbourne Jr. as its new president on 14 August.

“I am pleased to announce that Dave

SeafoodSource is closely following seaweed innovation by compiling a regular round-up of updates from the sector.

- On 8 August, baking company Sea & Flour announced the incorporation of seaweed into some of its flour and baking products.

The company received a patent for its systems and methods for seaweed processing. The patent pertains to the cold washing, processing, and granulating of seaweed in its high-volume baking.

"Being awarded

To keep up to date with the latest personnel changes across the seafood industry, SeafoodSource is compiling a regular round-up of hiring announcements and other personnel-related shifts worldwide. If you have an announcement, please send it to [email protected].

- On 1 August, New Bedford, Massachusetts, U.S.A.-based Northern Wind, a fresh and frozen scallop producer, appointed Eli Hollon (pictured) as senior director of quality

SeafoodSource is closely following the plant-based and cell-based seafood alternatives market by compiling a regular round-up of updates from the sector.

- Cell-cultured seafood company Steakholder Foods announced it has regained compliance with Nasdaq Stock Market for a minimum bid requirement. 

On 8 August, the Rehovot, Israel-based company received a letter from Nasdaq confirming their share price was high enough. In order to qualify for

India, Ecuador, and Indonesia maintained the spots as the three leading shrimp exporters to the U.S. in NOAA's recent update, covering June 2023.

The United States imported a total of 136 million pounds, or 61,816 metric tons (MT) of shrimp in June 2023, down from 169 million pounds (76,848 MT) in June 2022. Year-to-date, U.S. imports are at 360,426 MT, down from 439,232 MT in 2022.

India, remaining the largest exporter of shrimp to the U.S.,

Orwigsburg, Pennsylvania, U.S.A.-based Clearly Clean Products has launched its new, fully recyclable Rolled Edge food tray for grocery retailers and wholesalers, marketing the product as a sustainable, cost-effective alternative to traditional packaging materials.

The trays, made of polyethylene terephthalate (PET) – the same material used to make recyclable water bottles – are ideal for poultry, meat, produce, seafood, and deli

Norwegian salmon prices have continued to decline in the 31st week of 2023.

Nasdaq Salmon Index reported the average price of a kilogram of Atlantic salmon farmed in Norway dropped NOK 2.59 (USD 0.25, EUR 0.23), or 3.18 percent, week-over-week to NOK 78.88 (USD 7.72, EUR 7.03) compared to week 30.

The index provides weekly sales updates and a weighted average price for fresh, head-on gutted Atlantic superior salmon from Norway,

Cologne, Germany-based grocery chain Penny recently conducted its annual, week-long “true cost” campaign, raising the prices of eight products to bring awareness to the environmental and climate consequences of producing particular food staples.

The supermarket chain, owned by the retail co-ope Rewe, originally partnered with the University of Augsburg nearly three years ago to launch the campaign, which ran across Penny's 2,150

U.S. ports are predicted to see their highest cargo volumes since 2022 this August, in advance of the holiday season.

In its monthly shipping update, the National Retail Federation and Hackett Associates found  the logistics environment in the second half of 2023 is normalizing.

“Port and package-delivery labor negotiations that threatened the supply chain at the beginning of the summer have been resolved and retailers are now focused