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NEW YORK: Fulton Fish Market secures USD 25 million in city funding, outlines upcoming modernization projects

July 14, 2026 — The Fulton Fish Market has received USD 25 million (EUR 21.9 million) in funding from the New York City Council, which it plans to use to modernize its operations.

In early July, District 17 New York City Council Member Justin Sanchez, who oversees areas of the Southern Bronx including Hunts Point where the market is located, led the charge in securing the funding as part of the council’s USD 125.8 billion (EUR 110.1 billion) budget it recently passed for its 2027 fiscal year.

Read the full article at SeafoodSource

Some tariffs may be gone, but wholesale seafood industry is still reeling

March 19, 2026 — Walking into the Thomas M. Menino Convention & Exhibition Center in Boston, you can smell the seafood. Which makes sense given that it’s hosting the country’s largest wholesale seafood expo. Suppliers from around the world dole out samples of fresh sashimi, crispy fish sticks, and seaweed salad.

“It’s sweet, and it’s a little bit spicy, and it’s a compliment to meat or heavier stuff,” said Camille Zhu, who runs a seaweed company on the coast of Shandong province in Northern China.

She began selling to the U.S. just last year and said it’s been hard with all the trade tensions and tariffs. But she’s confident in her product.

“People are starting to accept seaweed as a source of nutrition, and they’re looking for a healthy diet,” she said. “And with the popularity of Japanese cuisine, yeah, it’s getting pretty big for us.”

About 80% of seafood consumed in the U.S. is imported. Some of the biggest suppliers —including China and India — have seen some of the highest tariffs from the Trump administration in the past year. All that has thrown the global seafood trade into chaos.

Read the full article at Marketplace

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