Trade agreement with Costa Rica to benefit Ecuador shrimp, canned seafood exports
Ecuadorian president Guillermo Lasso and his Costa Rican counterpart, Rodrigo Chaves, signed a free trade agreement on March 1
Greater jack mackerel catches help Chilean fishing industry to achieve growth, diversification
A significant increase in the landing of jack mackerel in Chile, combined with commercial efforts to diversify markets beyond Africa, has helped the Latin American fishing industry achieve growth
Brasmar loses long-time sales director, others to rival
Cedicio Torres, long-time corporate sales director at Brasmar, has left the company after almost 20 years; in October 2022, two international key account managers also left the company to join the same rival firm
Blumar: Chile ready to regain frozen salmon clout in China, Southeast Asia
Daniel Montoya, Blumar's sales and marketing director pointed out that frozen Chilean salmon exports to China recovered in 2022 following a drop during the pandemic
Princes: Vietnamese pangasius ‘only viable’ substitute to China-processed Russian pollock
According to Neil Bohannon, Princes' commercial director for seafood, farmed pangasius is the 'only viable alternative' to wild-caught pollock for fish fingers and white fish fillets
Princes profits drop as demand eases, raw material prices increase
Mitsubishi Corp.'s UK subsidiary Princes Group saw pre-tax profits decrease to £28.9m, down 36% compared with the previous financial year
Princes upgrades Mauritius plant, expects high tuna prices to linger
Neil Bohannon, Princes' commercial director for seafood, says high tuna prices will likely continue. The group recently approved a €12m investment at its processing sites in Mauritius
Princes: Canned in demand as consumers tackle cost-of-living pressures
Princes exec Neil Bohannon told Undercurrent the group's canned seafood sales are likely to benefit, as almost a third of British consumers intend to buy more canned goods over the next year
Strong demand, prices, bring profits up 11% at South Africa’s Oceana
Fishmeal and fish oil prices were particularly favorable, and the canned fish business recovered well in the second half with supply having normalized
Spain’s Frinsa plans US tuna cannery with former Thai Union, Kraft Heinz exec onboard
Frinsa, one of Spain's largest canned fish and seafood manufacturers, is looking to make Lakeland, Florida, the home of its US operations