Crab, coldwater shrimp take Royal Greenland to record H1 profit
Even before the sale of two vessels, 2021 profits are up compared with previous record 2019; its pelagics operation also contributed to the improved performance
Norwegian coldwater shrimp prices still flat over summer as factories take break
Norwegian coldwater shrimp prices have continued to remain flat and below pre-COVID levels through July, though there are hopes that the market will continue its recovery in autumn
First year of Barents Sea protection shows ‘high compliance’ of Russian fleet
Norebo, FIUN, FEST and the Arkhangelsk Trawl Fleet have each agreed not to engage in bottom trawling in three key areas off the shores of Norway and Franz Josef Land
UK pub groups fear return to ‘pre-COVID’ normal may not come until 2023
Pubs and restaurants' seafood orders are at 60-65% their 2019 levels, matching the number of people they can cater to now; a complete return may not come for over a year, though
European coldwater shrimp price rise stalls, but still likely
Sources see increasing demand from various markets, though note that low export prices out of Greenland are holding back the sector's upward trend
New US tariff codes to distinguish between farmed, wild-caught shrimp
US importers have been able to avoid various requirements by mischaracterizing shrimp as wild-caught or farm-raised, the Southern Shrimp Alliance says
UK gov’t reassures on duty-free Greenland trade
One Undercurrent source said the government has reassured Greenland's new cabinet that it wants to maintain duty-free imports of cod and coldwater shrimp
Russia’s Barents Sea shrimp fishery just weeks from gaining MSC
26 vessels should gain the Marine Stewardship Council standard in July, in news described by Defa's CEO as 'perhaps the most positive news for 2021'
Norwegian shrimp expected to see price lift through summer
Global coldwater shrimp supply was flat in 2020, thanks to a lift in Greenlandic catches; Norway's landings, and prices, fell, but there is hope the situation is now improving
Espersen buys coated fish business from Royal Greenland
Espersen has inked a deal to fully acquire the coated fish business from the plant in Koszalin, Poland it acquired from Royal Greenland four years ago