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‘Buoyant’ snow crab market delays Newfoundland consolidation, Sullivans say

OCI’s Sullivans feel consolidation of the Newfoundland shellfish processing sector will come, but a snow crab market resistant to the record-high prices has delayed movements

By Tom Seaman | Oct. 30, 2017 16:25 GMT
Snow crab -- Ocean Choice International (OCI)
Snow crab on display at Ocean Choice International stand; Seafood Expo Global 2017. Credit: Miriam Okarimia/ Undercurrent News
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Snow crab -- Ocean Choice International (OCI)

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LISBON, Portugal -- The ability of the snow crab market to absorb record prices has seemingly delayed consolidation in the shellfish processing sector on the Canadian island of Newfoundland, said the top executives of Ocean Choice International (OCI) [...]

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