Canadian company orders $70m trawler from Spanish shipyard
The new vessel for the Qikiqtaaluk Corporation was designed by the Norwegian firm Skipsteknisk
Final report of Newfoundland fish price-setting review team delayed
A final report from a team assigned to review the fish price-setting mechanism in Newfoundland and Labrador won't come until Oct. 30
UK coldwater shrimp players continue to wait on Greenland FTA as gov’t angles for fishery access
There is also no sign of the UK granting additional volumes of tariff-free coldwater shrimp imports to help the processing sector as it did in 2022
Canada, Greenland sign agreement to protect Arctic polynya
The Pikialasorsuaq ecosystem, which is a vital habitat for many migratory species, is under threat from climate change and increased human activity
Ervik sales arm eyes doubling turnover from shellfish despite falling cod, haddock quotas
Norway's Ervik Seafood, the sales arm of the line-caught whitefish specialist, aims to double its turnover in 2024 as it expands its shellfish business
Royal Greenland plant seeks permission to process Quebec lobsters
The problem is that its processing permit from the Ministry of Agriculture, Fisheries and Food of Quebec allows it to process lobster from the maritime provinces but not from Quebec
UK’s Northcoast posts operating loss in year of Maruha Nichiro takeover
UK frozen seafood supplier Northcoast reported an operating loss in its 2022 financial year, during which it was acquired by the Seacon arm of Japan's Maruha Nichiro
Royal Greenland blames Russian invasion of Ukraine for $16m H1 loss
On the bright side, the company reports that its earnings from 2023 snow crab production have normalized due in part to low raw material prices
US shrimp imports break long losing streak, post year-on-year volume improvement
The losing streak has been broken, but how confident are importers and exporters that a positive trend will now begin?
Newfoundland minister orders yet another review of contentious fish price-setting system
'In light of the recent market volatility, our government is establishing this Fish Price-Setting Strategic Review Team to avoid future disruption in the industry' -- Bernard Davis, Newfoundland and Labrador's labor minister