Maruha’s Seacon confirms deal for UK’s Northcoast
'With the sourcing power of Seafood Connection's parent company, Maruha Nichiro, both companies hope to grow Northcoast's ambitions on the UK market'
Norway, EU lift shared coldwater shrimp quota 8%
Norway and the EU have agreed on an increase in the coldwater shrimp quota for the Skagerrak and North Sea waters in 2022 to 7,712t
Delayed UK-Greenland trade deal could shake up European coldwater shrimp supply
Shrimp traders expect the tariff-free allowance of Greenlandic shrimp shipped to the UK will run out before a trade deal is in force this year, meaning 20% tariffs on top of inflated prices
ISI focused on automation, cautious on M&A for now
As inflation runs rampant, Iceland Seafood International is investing in automation and solar energy initiatives, while it still plans acquisitions in the medium-term
ISI guides for stable profits, assumes raw material prices have peaked
'The revised outlook range is based on the assumptions that prices of key input factors have reached the top and the group will succeed with price increases'
ISI CEO: Demand suffering, with price inflation likely to be prolonged
Like so many companies, ISI is looking for new sources of whitefish, 'but they are not multiple, or inexpensive', said Bjarni Armannsson
Russia’s investment scheme extended by two years
'This will allow investors experiencing difficulties in the face of external sanctions to avoid the risks of terminating investment quota agreements', said the government
Royal Greenland now supplies M&S sandwich shrimp
The company's UK branch won a tender with sandwich manufacturer Greencore to supply coldwater shrimp for the Marks & Spencer range in 2021
Royal Greenland unsure whether 2021’s strong performance can go on
The North American market grew strongly thanks to demand and prices for snow crab, but Russia's invasion of Ukraine -- and the closure of that market -- makes for uncertainty
Premium CEO says M&A strategy means ‘two plus two can equal eight’
'Using lobster raw material from Ready and Clearwater, our culinary division is developing a best-in-class mac and cheese for the North American market,' says Premium CEO