Late Peru season hits Austevoll Q2 profit
A late fishing season in Peru, lower salmon prices and a reshuffle of its pelagic business contributed to a Q2 drop in earnings and turnover for Norway’s Austevoll Seafood
Chicken of the Sea publishes first sustainability report
Thai Union-owned US seafood brand goes to third party assessment for first ever sustainability report.
Iglo head talks investment, consolidation
Iglo Foods Group is investing at ‘record levels’ to improve its production facilities, as its CEO talks consolidation in the frozen food sector
Fish leads Iglo sales growth
First half sales of seafood for frozen food giant Iglo Foods Group grew 6.1%, compared to 5.4% for poultry and a 1% decline for vegetables.
Fund holds off on Minh Phu investment
A fund owned by a French billionaire cancelled plans to increase its stake in Minh Phu Seafood, Vietnam’s largest shrimp farmer.
US tilapia, pangasius imports boom
Sales of tilapia and pangasius into the US market so far this year are up dramatically on 2011.
Thailand, Vietnam US shrimp sales drop
India, Ecuador shrimp sales to US boom, as Thailand and Vietnam suffer.
Camanchaca sells Ecuadorian subsidiary to Peruvian investors
Camanchaca sells up in Ecuador, to focus on salmon, fishing operations in Chile.
French, UK salmon sales shows signs of ‘truly robust demand’
Sales of smoked salmon in France and fresh in the UK show signs of what Morpol refers to as ‘truly robust demand.’
Morpol resists cutting smoked salmon prices
Polish salmon processing giant Morpol resisted cutting prices for cold smoked salmon in the second quarter, as it sees higher prices for raw material in the future.