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
FoodCorp, Orivo partner in DNA analysis for fishmeal traceability
Chile-based pelagic fishing company FoodCorp and Norway's Orivo are aiming to improve traceability by using DNA analysis to guarantee the region and species of fish used in fishmeal.
German investor buys canned fish supplier
A German investment firm has snapped up Appel Feinkost, a market leader in the country for canned pelagic fish and tuna
IFFO 2022: Chinese demand for omega-3 may pressure supply; Cargill on novel oils
Undercurrent News is reporting live from this year's IFFO conference for the global marine ingredients industry, the first major gathering of the sector since 2019's event in Shanghai
Ocean Brands hopes to crack US market with new mackerel, sardine tins
'We thought this would be a really great space to capture the hearts and minds of younger Americans, in wanting to try new fish' -- Nola Martin, vice president of marketing, Ocean Brands