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Sustainability
Virginia awards seafood processor $247k to increase blue catfish handling

Nov. 11, 2024 4:52 PM

The grant is distributed by the US state's Department of Agriculture and Consumer Services and awarded competitively

Products
PE-backed UK retailer Morrisons parts ways with seafood veteran 

By Nov. 11, 2024 10:41 AM

UK retailer Morrisons has parted with seafood veteran Phil Nickells, who was running buying for its processing plant in Grimsby

Supply
Production begins at First Seafood’s newly acquired Danish plant

By Nov. 11, 2024 10:07 AM

First Seafood, a rapidly growing Norwegian salmon processor, continues to expand its operations with strategic investments across the Nordic region

Analysis
Russia’s 2024 seafood wild catch numbers weaken, prices firm 10 months in

By Nov. 11, 2024 9:27 AM

Across the first 10 months of this year, Russia's domestic wild catch numbers have fallen marginally, causing local seafood prices to steadily climb in response

North America
Norway’s share of world coldwater shrimp trade up to 10%, Greenland’s exports slide

By Nov. 11, 2024 8:46 AM

Norway's exports of shrimp caught in the Barents Sea are booming, though Expana says these smaller shrimp are less used for the cooked and peeled market

Policy
High Liner maintains strong margins despite sales drops in Q3

By Nov. 8, 2024 6:19 PM

'We delivered another quarter of adjusted EBITDA growth as well as sequential improvement to sales and volume' -- High Liner CEO Paul Jewer

Pelagics
Antarctica Advisors: Cooke’s Copeinca acquisition will reshape Peruvian fishing landscape

By Nov. 8, 2024 6:09 PM

With the acquisition of Copeinca, Cooke surpasses Tasa to become the world's largest producer of fishmeal and fish oil, according to Undercurrent News sources

Prices
Europe’s coldwater shrimp prices continue firm with all material in high demand

By Nov. 8, 2024 11:00 AM

Demand continues to outweigh supply, especially for single-frozen shrimp and the largest double-frozen, sources told Undercurrent News

Upstream
Hofseth Biocare grows sales again but losses deepen in Q3

By Nov. 8, 2024 10:35 AM

The Norwegian by-products firm improved its revenues by 36% year-on-year for Q3, driven by strong sales growth of human nutrition products such as CalGo

Fishing
Norebo launches $41m investment in Murmansk port upgrades

By Nov. 8, 2024 10:32 AM

It comes amid wider investment in the region of some RUB 226bn to modernize ports and develop 'special economic zones'

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