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Bass and bream

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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US wholesale: Scallop market faces new tariffs, colliding with tight supply

US wholesale: A sigh of relief for lobster trade at the moment, but big discounts ahead of new season

Credit: WoodysPhotos/Shutterstock.com

Greenland, Faroes to receive baseline 10% tariff on US trade, sources confirm

US shrimp industry celebrates Trump tariffs on competitors as ‘crucial lifeline’

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