Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV
Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business
Thai Union sees strong outlook on low tuna prices, gradual recovery on shrimp
After a record Q3 net profit, world’s largest tuna canner and major shrimp processor sees high consumption in skipjack on low prices, as well as low recovery in its now-profitable shrimp business
Alaska predicts surge in Bristol Bay sockeye run for 2015
A total of 53.98m sockeye salmon are expected to return to Bristol Bay in 2015, 40% greater than the previous ten-year mean of total runs
Sullivan wins senate race in Alaska
Republican Dan Sullivan won Alaska's US Senate race, defeating incumbent Democrat Mark Begich
Dongwon, Starkist to own 12.5% in Silver Bay
Deal signed on Monday paves way for Dongwon F&B and its US subsidiary Starkist to own 12.5% in Alaskan fishing group
Dongwon buys stake in Silver Bay Seafoods
Dongwon F&B announced it has acquired a stake in Alaska's Silver Bay Seafoods
China salmon, whitefish processor plans plant close to North Korea, Russia borders
A Chinese salmon and whitefish processor is building a factory close to North Korea and Russia, to take advantage of lower costs and cheap transport for raw material
Salmon surpasses tuna for first time to become second most consumed fish in the US
Last year's record salmon landings in Alaska, combined with huge production of pink salmon, have made salmon into second most consumed seafood in the US, after shrimp
No salmon shortage in Russia, just 25% higher prices
The ban on the imports of salmon from Norway to Russia has not resulted in its shortage in Russian supermarkets, because the majority of imported products are now supplied to Russia from Belarus
Russian Sea Catching: ‘Too early’ to say new China sale process doesn’t work
Although Russia’s largest pollock quota holder is ‘concerned’ about the time needed to meet new export requirements to China, it’s 'too early' to say the process doesn’t work