loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Asia

Ahmeds prepared to put money into Seamark if HSBC pulls plug

Rich list owners of loss-making shrimp supplier Seamark in ‘advanced negotiations’ with HSBC over renewal and confident it will go through, but prepared to step in if not

By Tom Seaman | Sept. 20, 2017 09:37 BST
Seamark
At Seafood Expo Global, May 2016. Credit: Miriam Okarimia/ Undercurrent News
Related

Heavy losses prompt UK shrimp firm Seamark to look for new markets

Seamark production manager Roy Fletcher

Seamark sister firm ups profits, despite oversupply hitting turnover

Higher shrimp sales boost Camposol's revenue but costs hit earnings

UK importer backs resilient restaurant market for own future growth

Prawn cocktail. Credit: Steven Depolo, Flickr

Shrimp importer Seamark’s sales dive across continental Europe, though UK up

North American lobster tail, meat prices inch up ahead of big Canadian season

Chilean seafood giant Camanchaca reports loss in Q3, ends trout JV

AdvertisementX

The owners of the Seamark, the Ahmed family, are prepared to put money from other operations into the loss-making UK shrimp supplier if lender HSBC Bank pulls the plug on a financing package, according to the company’s latest accounts [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

free read Newfoundland fish harvester union chief talks tough in her first week

Nine-year tuna price-fixing saga ends as judge signs off on $130m settlement for US consumers

Brazil’s largest shrimp farmer, processor, aims to grow capacity 50% in 2025

From right to left: Cristiano Maia, Grupo Samaria's president and Fredy Romano, industrial director of one of Samaria's processing units.

Trump vowed to end offshore wind, but will cabinet pick make good on promise?

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.