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Russian food ban impact Sept. 19, 2014 9:34 AM
World Food Moscow: Karat hoping to supply to McDonald’s by year-end

By Alicia Villegas

Undercurrent News reported from the World Food Moscow show in the Russian capital from Sept. 15 to 19, where the impact of the food ban was at center of all discussion

Prices Sept. 17, 2014 9:32 AM
Samherji nets €50m on Africa sale to Karat Group firm

Samherji netted a big gain from the sale of its African assets last year, as it reported record profit on flat turnover

Russian food ban impact Sept. 4, 2014 9:29 AM
Nils Sperre awaits interesting mackerel market, as pelagics drive earnings in 2013

By Eva Tallaksen

Mackerel, herring and some bacalao markets were the main driver for turnover and operating boost last year, says CEO, but company lost out on currency exchanges

Companies Aug. 28, 2014 9:49 AM
HB Grandi boosts operating profit, doubles blue whiting in Q2

Icelandic pelagic and whitefish catcher caught 41,000t of blue whiting in second quarter of the year, as operating profit rose despite lower revenues

Analysis Aug. 21, 2014 9:48 AM
Pelagia says it has ‘limited stocks’ as profit drops despite 100,000t raw material increase

Norway's largest pelagic holding increased its raw material intake by over 100,000t in Q2 this year, but volumes for human consumption are substantially down from last year as most went to fishmeal and oil

World Aug. 21, 2014 8:59 AM
Austevoll buoyed by Leroy, strong fishmeal, oil prices

Norway's second largest seafood group saw its earnings lifted by high prices of salmon, fishmeal and oil in the second quarter of the year

Europe Aug. 15, 2014 9:05 AM
Iceland’s pelagic catches drop 11% in July

Iceland’s herring catch is down 10% through form last August to July this year to 161,298 metric tons, but catches of mackerel are up

Analysis Aug. 11, 2014 11:31 AM
World’s top 100 seafood companies close in on $100bn turnover

Combined, the 100 companies on our ranking this year had revenues of nearly $100bn, up by $1.8bn from our 2013 report

Analysis Aug. 8, 2014 5:05 PM
Midnight Friday last deadline for Russia-bound seafood ‘if you are lucky’

By Tom Seaman

All containers of seafood and trucks of salmon that don’t clear Russian customs by midnight Friday will have to be sent back or diverted, even if they were ordered before the sanctions were put in place, Undercurrent News understands

Analysis Aug. 5, 2014 9:53 AM
Strong Q1 for Maruha Nichiro’s international ops offsets softness in Japan

Strong performance from Maruha Nichiro’s plants in Thailand and its North America division see double-digit growth in Q1 operating income, with profits in Japan soft

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