HB Grandi braces for up to €15m sales hit from Russia market loss
Russia market loss could result in annual sales drop of between €10m-€15m, says HB Grandi, after reporting Q2 sales and earnings growth
After salmon, Norway reduces export fee for key pelagics
Ministry decides to also cut the export levy on key pelagic species from 0.75% to 0.6%
Russian ban shuts Iceland out of market it’s geared to serve
Iceland's pelagic sector sees the closure of a market it has invested millions, and years, into servicing, as companies question why the country took sides between Russia and the EU
Russia adds Icelandic produce to list of banned imports
Russia has added major mackerel supplier Iceland to list of countries from which it has banned food imports; shipments en-route reportedly set to be turned away too
Strength of Icelandic pelagic catches sees first fishmeal sale to Chile
Landings July- June 2014- 15 increased by 44% y-o-y, meaning country's largest fishmeal producer Sildarvinnslan has been able to ship to Chile's salmon farmers for first time
Icelandic industry to develop consumer-facing brand
Processing and fishing body Fisheries Iceland appoints head of marketing; companies to take lead on increasing value of fisheries products
Fishmeal will move from being commodity to ‘high-price’, strategic marine protein
Fishmeal will no longer be a commodity long term, as falling supply and rising demand is forcing it to become an strategic ingredient, says Dutch lender Rabobank
HB Grandi sell two pelagic vessels, quota, to fellow Icelanders
The Ingunn and the Faxi are changing hands to Vinnslustodin, along with 0.67% of the Iceland capelin quota
Norway, Iceland, Greenland agree new capelin deal
Under new agreement, Norway can catch all of its capelin quota in Icelandic waters, compared to just 35% before
Iceland pelagic sellers question Russian red listings
Some Icelandic pelagic firms have been on red list since February, as talk circulates red listing stems from refusal to only sell to certain Russian importers