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Daily recap, April 12: OCI Europe downstream push could feature M&A; Surimi maker IPO; Indian shrimp spared from US tariffs

Undercurrent editors roundup the key seafood news stories from the previous day

By Undercurrent News | April 13, 2021 10:05 BST
Yellowtail flounder Ocean Choice
Yellowtail flounder. Credit: Ocean Choice International.
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Here's a recap of the daily seafood news from Monday, April 12:

Ocean Choice’s downstream push in Europe could feature M&A

Canada's Ocean Choice International (OCI) may look at acquisitions in order to move further downstream in Europe as it ramps up contract processing in several plants, the company's CEO told Undercurrent News. The addition of Helgi Anton Eiriksson, the former CEO of Iceland Seafood International, to the management board of OCI's new downstream company in Europe is part of a strategy to get closer to customers, Martin Sullivan told Undercurrent. Read the full story here [...]

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Canadian lobster, snow crab, Mexican shrimp all now looking at 10% US tariffs

Trump lowers most global tariffs to 10%, but raises China’s rate to 125%

free read Week 15 US wholesale prices: Trump tariffs drive hikes in farmed shrimp, salmon, whitefish with octopus surging

Peruvian fishmeal producer Austral optimistic about upcoming anchovy season

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