loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Fishing

Royal Greenland enacts cost controls following $38m loss in 2023

Among the key challenges was a loss in business in Chile after that firm lost its approval for export to China, and a collapse in the US market also hit the firm hard

By Neil Ramsden | May 7, 2024 15:07 BST
A fisherman hooks their catch. Credit: Royal Greenland
Related

Royal Greenland shutters Quebec shellfish plant after shrimp quota cut

Royal Greenland shrimp factory in Canada destroyed by fire

Agama acquires Royal Greenland’s share of Russian JV

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

Profand promotes new CEO to replace Dalsager at Stavis

Stavis Seafoods

Ocean Beauty spins off ‘Echo Falls Seafood’ smoked, value-added brand as separate company

AdvertisementX

North Atlantic-focused seafood business Royal Greenland has implemented cost-control measures in a bid to reverse a DKK 255 million ($36.8m) loss in its 2023 financial year. [...]

Want to keep reading?

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

Tilapia farm-gate prices rise after typhoon hits southern China

Alaska’s Bristol Bay salmon harvest above average with smallest sockeye on record

Atlantic Sapphire adopts restructuring measures to handle financial struggles

Canadian gov’t finds improved seabed health at British Columbia marine finfish farms

BC Salmon Farmers Association
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.