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Russia, Ukraine woes cause slow start for Austevoll-backed Pelagia

Austevoll reaped benefit of strong salmon prices and fishmeal and oil recovery in Q1, but low herring volumes and problems with exports to Russia and Ukraine see Pelagia get off to a slow start to the year

By Undercurrent News | May 14, 2014 08:52 BST
Low fishmeal, oil sales drive big drop in Austevoll profit
Arne Mogster, Austevoll Seafood CEO.
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Austevoll Seafood reaped the benefits of strong salmon prices and a recovery in fishmeal and oil production in the first quarter of the year, but the picture was dented by a tough North Atlantic pelagic market [...]

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