Ocean Choice CEO: Newfoundland shrimp plant ‘hasn’t made sense for years’
Ocean Choice held onto a coldwater shrimp processing plant it sold to Barry Group for much longer than it made economic sense, CEO Martin Sullivan told Undercurrent News
OCI exits inshore shrimp sector with sale of Port au Choix plant to Barry Group
Canada's Ocean Choice exits inshore coldwater shrimp processing business, selling its Port au Choix factory to Barry Group, which could also use plant for redfish
Iceland’s Isfelag to maintain shrimp plant post-merger, despite harsh market
Through its merger with fellow fishing and processing firm Rammi, Isfelag takes control of a shrimp processing plant -- but also of chitosan producer Primex, which could be a gamechanger down the line
Canada can’t rule out northern shrimp moratorium in gulf in 2024
One suspected culprit for the demise of northern shrimp is the recent climb in the biomass of redfish, its main predator
Newfoundland panel picks processors’ low summer coldwater shrimp price
'The decision highlights the broken panel system and the absolute destruction that has been unleashed on our inshore fishery this year' -- FFAW
Europe’s coldwater shrimp prices dive: ‘Somebody’s killing the market’
Double-frozen coldwater shrimp prices are said to have plummeted in recent months, but are expected to balance out through normal supply and demand patterns
UK coldwater shrimp players remain under pressure with no Greenland FTA
With no sign of a ratified free trade agreement -- or an expanded ATQ to bring in duty-free shrimp -- suppliers are in a tight spot again and face a shrinking market in the UK
Samherji ends shrimp processing venture after $1.5m 2022 loss
Samherji acquired the coldwater shrimp plant in Holmavik in 2019 after FISK exited the business; now Samherji too has found it an unviable operation, reliant on imports
Russia tightens rules around foreign investment in fisheries
A new regulation puts a government department in charge of approving transactions in all of Russia's key species and regions
Bluewild vessel the first fishing boat to win ‘ship of the year’
The factory vessel was designed by Ulstein Design & Solutions and built by Westcon