Chicken of the Sea, Orion tightlipped on whether ‘sales agreement’ is acquisition
‘Ask them,’ Charles Anastasia, founder and CEO of Orion, told Undercurrent News, when asked if Chicken of the Sea Frozen Foods was taking equity in his company
New owner Golden Gate Capital sees growth opportunity in Red Lobster
Orlando-based Darden Restaurants is selling the struggling seafood chain for $2.1bn in a transaction that should close by August
PEI labor shortage cause of lobster quotas, says processor group
Many lobster fisherman in the Canadian province of Prince Edward Island are finding themselves with unsold lobster after learning some processors can't take all their catch
Salmon, Lobster Academies blog: Cooke’s Undercover Boss debut reels in inquiries
Buyers from seafood sourcing giants such as Sysco and Zhangzidao are getting schooled on American lobster and farmed Atlantic salmon at the Salmon and Lobster Academies in New Brunswick, Canada, this week
Hedge fund pulls request for special Darden shareholder meeting
Starboard Value withdraws request for meeting to discuss sale of Red Lobster
Buyers tell lobster producers in Nova Scotia, PEI to slow down
Nova Scotia fishermen have been told there is too much lobster, while PEI fishermen are being told there is a shortage of labor in processing plants
Free trade could be ‘game changer’ for Canadian lobster
Trade agreement with the EU could allow for greater exports of processed lobster, and in turn open new markets to live lobster, said fisheries representative
Namibian rock lobster industry still struggling to land quota
Improvements on the previous season in terms of quota utilization, but many players in the industry experiencing problems with increasing costs of fishing
Lobster prices not moving despite slow pace of landings in PEI
Cold weather has slowed down the pace of lobster landings in PEI, but that has not impacted the current price level
US lobster bait fishery closure ‘not a big deal’
Closure of large swath of Gulf of Maine Atlantic herring fishery should not have a major detrimental impact on the state’s valuable lobster fishery