Daily recap: Captain Fresh closes Koral deal; Indian shrimp prices rebound

Here's a recap of the top daily seafood stories from Tuesday, Dec. 24.

• Captain Fresh closes deal for EU salmon processor Koral

India's Captain Fresh has closed the buyout of European salmon processor Koral from private equity (PE) Abris Capital Partners, the latter confirmed.

• Week 52 farm-gate shrimp roundup: Indian prices rebound, though supply concerns persist

Indian shrimp prices have rebounded at the start of week 52 (Dec. 23-29), while other major producing regions are showing mixed movements, according to farm-gate price data from Undercurrent.

• Week 52 US wholesale seafood price assessments live

Undercurrent's week 52 (Dec. 23-29) price assessments for US wholesale prices for various key commodities are available on our new platform.

• Jeff Bolton named president of $500m PE-backed shellfish platform after Atlantic Capes deal closes

US PE ACON Investments has named industry veteran Jeff Bolton president of its Atlantic Sustainable Catch shellfish platform, having closed the long-awaited deal for the processing and sales divisions of Atlantic Capes Fisheries.

• In pictures: Christmas rush at London's Billingsgate fish market amid uncertain future

Billingsgate Fish Market, the UK's largest wholesale market for seafood, was a hub of activity on Monday (Dec. 23) as buyers flocked to secure fresh and frozen seafood ahead of Christmas.

• Argentina enforces precautionary measures for hake, crab; Limits shrimp bycatch in new fishing plan

In its final session of the year, Argentina's federal fisheries council (CFP, in its Spanish acronym) has approved a set of precautionary measures aimed at ensuring the long-term sustainability of the country's fisheries.

• Mitsubishi appoints new COO at marine products division

Japanese conglomerate Mitsubishi Corp. has appointed Kenichi Ito as chief operating officer of its marine products division, effective Apr. 1, 2025, the company announced on Dec. 20.