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Aquaculture

Debtors, Maruha affiliate take over bluefin tuna farmer shares

Creditors including a Maruha Nichiro affiliate take over shares in Umami after the latter defaults on debt agreements

By Undercurrent News | Dec. 31, 2012 08:17 GMT
Atlantic bluefin Tuna. Photo: Oceana/Keith Ellenbogen
Atlantic bluefin tuna. Photo: Oceana/Keith Ellenbogen
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Creditors including a Maruha Nichiro affiliate have taken over shares in Umami Sustainable Seafood after the bluefin tuna trader -- whose CEO and chairman Oli Valur Steindorsson resigned on Dec. 11 -- defaulted on debt agreements. [...]

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