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Policy Oct. 7, 2024 1:39 PM
Canada’s Baffin Fisheries ready to fish with new hotel-like trawler

By Barb Dean-Simmons

Baffin Fisheries, the leading commercial fishing enterprise in Northern Canada, took delivery of the 80-meter-long Inuksuk on Monday (Sept. 30) at Tersan Shipyard in Turkey

Foodservice Oct. 2, 2024 11:17 AM
Royal Greenland targets more retail sales with certain segments’ demand strong

By Neil Ramsden

'We are definitely seeing a growing consumer preference for sustainably sourced seafood; that aligns with our strengths, and for premium species like ours, we see a more positive picture than in the past year'

Coldwater shrimp Oct. 2, 2024 11:07 AM
Royal Greenland UK’s top exec of 11 years out amid Europe downsizing

By Neil Ramsden

CEO Susanne Arfelt Rajamand confirms some roles from various locations have been moved to Poland, but there are no plans to change its processing footprint

Lobster Sept. 27, 2024 4:06 PM
MSC: 421 straight days of warmer North Atlantic hurt Canadian shellfish

Lobsters are starting to migrate north to cooler temperatures around the coast of Newfoundland, notes a recent report from the Marine Stewardship Council

Aquaculture Sept. 18, 2024 11:52 AM
Icefish/Fish Waste for Profit blog: Iceland cluster plans own fund; Aurora Abalone plans harvests by 2027

By Neil Ramsden

Undercurrent News reported from the Icefish expo and the Fish Waste for Profit conference, running Sept. 18-20 in Reykjavik, Iceland

Companies Sept. 10, 2024 10:33 AM
Royal Greenland halves losses in H1 as snow crab sector finally normalizes

By Neil Ramsden

The business initiated a cost-cutting plan in the first half of 2024, including significant measures such as staff reductions, centralization of sales support, and it is already seeing some benefit

Coldwater shrimp Sept. 9, 2024 2:41 PM
Canada’s Baffin Fisheries names new president

By Barb Dean-Simmons

Kavavok Mikijuk is the new president of the largest fishing enterprise in northern Canada

M&A Sept. 9, 2024 10:18 AM
Maruha-backed UK processor benefits from passing higher costs to customers

Northcoast Seafoods, bought by Dutch supplier Seafood Connection in summer 2022, said its operating profits crept up thanks to reduced shipping rates and being able to pass on inflation costs

Prices Sept. 5, 2024 10:56 AM
Trout’s rise helps make August the latest ‘best ever’ for Norway exports

Higher salmon volumes and a weaker Norwegian krone drove up the value of Norwegian seafood in August, with trout, mackerel and coldwater shrimp all factoring in

Prices Sept. 5, 2024 10:47 AM
Shortage of single-frozen coldwater shrimp drives shift in trade

By Neil Ramsden

One source estimates Canada has imported more than 4,000t of coldwater shrimp from the Barents this year, a new development, as single-frozen raw material runs short and rises in price

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