Despite Newfoundland price panel review, processors continue shrimp legal fight
'This is an excess of jurisdiction which causes the resulting pricing decision [for shrimp] to be invalid' -- Association of Seafood Producers in legal challenge
P&P subsidiary orders new 88-meter freezer trawler
The German firm Nordbank Hochseefischerei has ordered the construction of a huge new trawler for whitefish and shrimp from Turkey's Tersan shipyard
Part Samherji-owned Faroese firm takes delivery of new whitefish, shrimp trawler
The Norwegian shipbuilder Vard had handed over a new factory trawler to the Faroese company Framherji, which is 24% owned by Icelandic giant Samherji
OCI paying more than minimum for Newfoundland shrimp keeps it in game
'It is also important to maintain our position in the market and with long-standing customers by supplying cooked and peeled shrimp' -- Ocean Choice International
Newfoundland battle boils over, causes minister to order review of fish price-setting panel
'If you set it up like a boxing ring and ring a bell, don't be surprised if the parties come out of their corners fighting' -- Derek Butler, Association of Seafood Producers
Bangladesh’s frozen seafood sales hit six-year high
Bangladesh's frozen seafood exports rose to $532m in the fiscal year 2021-2022, up 12% year-on-year
Sykes-owned Ruskim maintains steady profit in another COVID-hit year
The UK-based firm, which Sykes Seafood added to its holdings late in 2021, was able to cut costs year-on-year, and benefited from the government's furlough scheme
Coldwater shrimp sector tense as UK faces Greenland tariffs, lack of Canadian supply
Coldwater shrimp prices have been gradually rising -- remaining below inflation -- and should continue to do so, but the possibility of no supply from Canada hasn't been priced in yet
Trade barriers see shifts in coldwater shrimp supplies
Global supplies of coldwater shrimp crept up slightly in 2021, and this year the closure of the Russian market will mean some 18,000t of Greenlandic shrimp in need of a home
Newfoundland panel drops coldwater shrimp price 37%
'The panel's decision yesterday is incomprehensible' -- Keith Sullivan, Food Fish and Allied Workers