Japan, US, Norway dominate world’s 100 largest seafood companies
Did you know that nearly half of the world’s largest 100 seafood companies are in Asia, and a quarter in Japan?
Mitsui investment rescues Multiexport from the red
Despite rising sales, soaring costs saw Multiexport rack up negative Q2 operational figures, but Mitsui’s $28.8m cash infusion pulled its net result out of the red
Aquachile costs rocket due to trout disease, Atlantic salmon problems
Weather incident costs company $6m as trout costs per fish rise 1,542% and high Atlantic salmon costs persist due to disease issues, among other unique problems
Aquachile eyes 46% production hike in third quarter
Aquachile plans to increase total production during the third quarter from 19,551t last year to 28,593t this year, with salmon and trout set for even bigger gains
Pesca Chile trustee aims to sell farms, fishing assets by mid-December
Pesca Chile bankruptcy trustee is assessing first non-binding bids, as he aims to sell the former Pescanova salmon farms and fishing assets by third week of December
Norway’s new government could sell down in Cermaq
A new conservative government would look to part privatize companies such as fish farmer Cermaq
Walmart mulls Alaska RFM certification after high-level meeting
Top-level executives from Walmart met with representatives of Alaska on Friday, with the retailer left to consider the merits of RFM certification for salmon
Canadian brewery offers grant for wild salmon projects
Pacific Western Brewing foundation establishes a $20,000 fund to support grassroots salmon enhancement initiatives in British Columbia
Nova Austral netted Pescanova tax breaks of over $38m in four years
One of Pescanova's two former Chilean salmon divisions made its then parent company over $38m in tax breaks in four years, part of its attraction to potential buyers
Salmon production dives at former Pescanova Chile farms
Nova Austral and Acuinova estimated to produce 27% less salmon in 2013, with Acuinova forecast to be lossmaking in year, according to teaser document seen by Undercurrent News