loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

M&A

Lower catches, capelin roe price crash means SVN’s profits ease for H1

Turnover was pushed up by the continued integration of fishing firm Visir, but the capelin roe market has dropped in price by some 67%

By Neil Ramsden | Aug. 30, 2023 10:35 BST
SVN's Borkur lands its catch in landing in Seydisfjordur. Credit: Omar Bogason
Related

Samherji-linked SVN opens talks for 50% stake in Ice Fresh

Norwegian herring fishing remains quiet as some processors begin vacations

Iceland mackerel season, Norway research cruise continue at pace

Profits at Iceland’s SVN hit $75m as it strengthens via M&A

US seafood industry cautions Biden against last-minute national monument proclamations

California Dungy crab season delayed again over whales, high toxin levels

Dungeness Crab on display
AdvertisementX

Listed Icelandic firm Sildarvinnslan (SVN) saw turnover rise in the second quarter and first half of 2023, but profits have been undermined by a crash in the markets for capelin roe [...]

Want to keep reading?

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

Red Lobster sees increased sales after new menu launch

free read Maine lobster boat tracking lawsuit dismissed by judge

Heavy winds to delay opening of Canada’s biggest lobster fisheries for days

Japan’s Aomori aims to double Mutsu Bay scallop exports by 2034

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.