loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Supply

Royal Greenland shutters Quebec shellfish plant after shrimp quota cut

The seafood giant said the decision was prompted by recent cuts to the northern shrimp quota in the Gulf of St. Lawrence, a labor shortage, and low market prices for shrimp, crab and lobster

By Undercurrent News | March 28, 2024 13:36 GMT
The factory in Matane, Quebec, has been owned by Royal Greenland since 2005. Photo from Les Fruits de Mer de l'Est du Quebec-Royal Greenland Facebook page
Related

Royal Greenland to hit pause on M&A for a year with debt in need of attention

Iceland’s Brim announces $21.7m purchase of Royal Greenland vessel

Royal Greenland blames Russian invasion of Ukraine for $16m H1 loss

Royal Greenland brings in new global sales head with veteran Olesen to retire at year end

Russian pollock producers ink A season 2025 surimi deals with China at higher prices 

free read Arctic Securities show recap: Land-based salmon at inflection point as sector grapples lice issues

AdvertisementX

Seafood giant Royal Greenland is shutting down its shrimp, lobster and snow crab processing factory in Matane, in the Canadian province of Quebec, reports Montreal-based news outlet La Presse [...]

Want to keep reading?

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

Vietnamese farm-gate shrimp prices forecast to continue rise on short supply

free read Prospective land-based salmon farm urges Norway gov’t to lift moratorium

Tasmania eyes new sardine fishery to supply salmon farms

Credit: Rich Carey/Shutterstock.com

Norcod taps salmon farming veteran as new production director

AdvertisementX

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.