Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Trident Seafoods is the largest seafood company in the United States, harvesting primarily wild-caught seafood in Alaska. It is a privately-held, 100% American-owned company. Trident manages a network of catcher and catcher processor vessels and processing plants across twelve coastal locations in Alaska.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Trident CEO says subsidiary's use of Russian pollock is 'an economic necessity for survival'.

The Company Statement
April 23, 2024

January 21, 2024 — Trident Seafoods has terminated its membership in the National Fisheries Institute – the largest seafood industry trade group in the U.S. – and ended its participation in NFI’s Executive Committee. In a Jan. 17 statement, Trident said the decision was in response to a disagreement with NFI on the latter organization’s desire for the U.S. to import Russia-sourced seafood. Trident still using Russian pollock in Europe after toasting latest US ban. The European subsidiary of Trident Seafoods Pickenpack has resumed the purchase of pollock from Russia. According to the representative of the company, after initially abandoning products of Russian origin after the beginning of the invasion of Ukraine, Pickenpack resumed purchases of Russian pollock. The Pickenpack news comes as Trident is in the process of selling off some of its Alaska assets. On April 24, Trident completed the sale of its Ketchikan facility to Silver Bay Seafoods – a deal first announced in March 2024 – and continued to seek buyers for several other Alaska properties it owns. On April 4, it completed the sale of the St. Petersburg plant of EC Phillips & Son.

May 24, 2024Trident CEO says subsidiary's use of Russian pollock is 'an economic necessity for survival'
April 29, 2024Trident Seafoods offloads Ketchikan plant; European subsidiary Pickenpack resumes sourcing Russian pollock
February 20, 2024Trident still using Russian pollock in Europe after toasting latest US ban
January 21, 2024Trident drops out of National Fisheries Institute over Russian fish ban
January 17, 2024Trident ends membership with National Fisheries Institute over Russia position
August 08, 2023Citing market volatility and Russia’s war in Ukraine, Trident plans to halt salmon buying early
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