Pacific Andes ends Russian pollock supply deals in $750m debt refinancing
In surprise move, Hong Kong-listed company says it will buy fish on the spot market, as it inks $750m in new debt facilities to refinance its existing loans
EU, Faroes seal bilateral deal for pelagics and whitefish stocks
Faroese fleet given access to catch more than 45,000t of mackerel and 25,000t of blue whiting in EU waters, as well as 7,000t of Norway pout, while EU fleets will have access to 3,000t of saithe and 2,000t blue whiting in Faroese zone
Sealord brings in consultants
Sealord has brought in consultants, reportedly from Deloitte, to assess the profitability of the different species the company catches and processes
Exalmar gets licenses to operate three vessels for human consumption
Licenses follow two years of negotiations with authorities, and will reinforce Exalmar's strategy to boost its production for human consumption
Peruvian fishing industry sounds newly-granted high sea waters
Industry organization says an estimated 5,000 metric tons of fish with economic value will be available per year in the new fishing grounds
Pelagia: 52% of Norway’s mackerel landings, 59% of herring
Combined,new holding's 15 plants in Norway will receive more than half the country's mackerel and herring landings, as well as 27% of North Atlantic's fishmeal raw material
Boosted by Leroy, Austevoll proposes $53m dividend
Earnings from Leroy Seafood boost company's bottom and top line in 2013
Austevoll takes $15m hit on plant restructuring in Peru
Group writes off NOK 90 million in Peru due to closure of pelagic factories for human consumption and fishmeal and fish oil, while planning to up capacity at two plants
Sealord to be ‘less promiscuous’ on JVs as Maori shareholder AGM looms
Pressure is mounting on Sealord CEO Graham Stuart ahead of AGM of its Maori shareholders, after firm reported losses and pulled back from JVs in the US and Europe in the last year as it focuses more on Australia and Asia
Pacific Andes: Lafayette application has been sent for jack mackerel fishery
Russian-flagged floating factory ship not on list of vessels authorized to take part in South Pacific jack mackerel fishery, where it is headed, says SPRFMO. Pacific Andes says application has been made