Norway’s fresh cod, shellfish exports both down in April, but bacalao a big winner
Export volumes of fresh cod were down 32% compared to the previous year, with much of the available raw material clearly going to clipfish and salted fish exports instead
Royal Greenland to complete offshore fleet renewal with new vessel in 2024
The company has also increased its coldwater shrimp fishing capacity by acquiring the Nataarnaq outright from partner Icetrawl Greenland, renaming it Kaassassuk
Good markets for snow crab, shell-on shrimp take Royal Greenland to best-ever result
'If we had significantly reduced our fisheries and production [during COVID], this could have caused lasting damage to our access to resources and resulted in significant social and economic problems for the local communities in which we operate'
Maruha’s Seacon close to deal for UK’s Northcoast
Acquisitive Dutch supplier Seafood Connection is close to finalizing a deal for UK coldwater shrimp specialist Northcoast Seafoods, sources told Undercurrent News
US shrimp imports still gaining speed, see another big spike in February
For 33 out of the last 38 months the import of US shrimp showed year-on-year volume growth, but prices are still inching up, based on NOAA's latest update of trade data
Ocean Choice set to open $16m Canadian value-added plant in Q4, eyes EU move
The company plans to use the plant to launch value-added products from 15 species, including scallops, coldwater shrimp, redfish and Greenland halibut
Daley’s PE owner eyes more shellfish M&A, taps RBC to run sale process
The US PE backer of Canadian shellfish processor Daley is looking at more add-on acquisitions but also planning to run a sale process for the company later in the year
Coldwater shrimp sector sees little impact from European conflict, still expects price increase
Sources largely expect prices to remain stable or to gradually climb until spring fishing in the Barents Sea begins, with the Russia-Ukraine conflict not expected to impact the markets
Big Prawn expects new retail wins to drive return to pre-pandemic profits
The UK processor began replacing Hilton Food Group in some Tesco stores in 2022, but said new contract wins would show their full benefit in year ended May 2023
Canada warns inshore coldwater shrimp stock still ‘critical’
But FFAW-Unifor continues to call on DFO to reassess how it measures stocks and incorporate harvesters’ observations, insisting the picture is brighter than science suggests