Chris Chase is the Portland, Maine-based associate editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
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Global cold storage and logistics company Lineage has announced more details of its underwritten initial public offering (IPO), revealing its goal of raising up to USD 3.85 billion (EUR 3.54 billion).
Rumors of a potential Lineage IPO began in September 2023 after Bloomberg reported the company had tapped advisors in preparation for the offering. Lineage later confirmed the rumors by filing a registration form with the U.S. Securities and
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A global computer outage caused by software firm CrowdStrike has impacted a wide array of industries – including aspects of the global product supply chain.
CrowdStrike, a cybersecurity firm used by a huge array of airlines, banks, retailers, and more, caused a widespread outage across a huge range of key computer systems globally. NBC News, the Associated Press, and more all reported thousands of flights were canceled as a full
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The Russian government is considering whether to give fishing companies an additional two years to meet the requirements of its crab quota investment auctions, as shipyards in the country continue to face long delays.
Russia first introduced the idea of tying access to fishery quotas to investment in new vessels or facilities in 2016 before approving the idea in 2017 and revealing the results of the first round of auctions in March 2018.
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A growing program in the U.S. is working to utilize fishing bycatch to provide nutritious meals for the nation’s food-insecure population.
Americas Gleaned Seafood, based in the U.S. state of New Jersey, receives donated fish from local fishermen and distributes it to food banks, soup kitchens, and food pantries in the region. The program got its start via a 2018 letter to the U.S. Department of Agriculture (USDA) by its founder,
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Nordic Halibut, a halibut-farming company based in Norway, said in a Q2 2024 operational update that it continued to see strong pricing for its latest harvests, even though those prices dropped year over year.
The company said it experienced a planned decline in harvest weights as part of its strategy to distribute weights in response to market signals. The company had an average harvest weight in Q2 2024 of 4.5 kilograms (4.1 kilograms head-on
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The Food and Agriculture Organization (FAO) of the United Nations' Committee on Fisheries (COFI) has endorsed a new set of guidelines for aquaculture designed to develop a set of best practices for the industry worldwide.
The Guidelines for Sustainable Aquaculture (GSA) was designed with the aid of NOAA and other stakeholders and officially endorsed by COFI at the committee’s 36th session in Rome, Italy. The new guidelines come after the
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Russian Federation Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yuri Trutnev has pledged to double the Sakhalin Region’s seafood processing capacity in the next five years.
The Sakhalin Region, located in Russia’s Far East, was responsible for 774,700 metric tons (MT) of Russia’s fish and seafood catch in 2023 – or roughly 15 percent of the country’s catch.
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