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Analysis

Credit insurers pull coverage on Pacific Andes, Pickenpack over unpaid pollock invoices

US pollock sellers chase payments from Pacific Andes, as major credit insurance firms are no longer offering coverage on Pickenpack or its part owner, which is in the midst of a crisis with its China Fishery subsidiary 

By Tom Seaman | Nov. 30, 2015 07:43 GMT
Pickenpack
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News
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US pollock sellers are chasing payments from Pacific Andes International Holdings for fish delivered to Pickenpack Europe, as Atradius and Euler Hermes have cut credit insurance on sales to the Germany-based processor and its part owner, sources told Undercurrent News [...]

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