OCI’s European sales hit by lower coldwater shrimp quotas
Martin Sullivan, CEO of Canada's Ocean Choice International, is bullish on the European market despite a drop in sales due to lower coldwater shrimp quotas
Strong retail sales see Sykes through COVID crisis for foodservice
The UK's Sykes Seafood saw its retail sales offset the loss of foodservice revenue in the coronavirus pandemic, reporting a strong profit for the 15 months to March 28, 2020
Ocean Choice’s downstream push in Europe could feature M&A
Canada's Ocean Choice may look at acquisitions in order to move further downstream in Europe as it ramps up contract processing in several plants, the company's CEO says
Clearwater co-owners seek symbolic transfer of shrimp licenses to Mi’kmaq coalition
The coldwater shrimp licenses in question are being transferred from Clearwater to a First Nations holding, but have definitely changed hands as part of the Premium Brands deal
Seabass, pangasius enjoyed booming 2020 at UK retail
Analysis of Seafish data shows several interesting trends, including how sales stayed strong throughout all of 2020, and how canned tuna sales' first-lockdown spike didn't last
China bans another Russian vessel after COVID detected on pollock packaging
Eight Russian fishing vessels and five seafood firms have been banned from importing into China this year, all linked to coronavirus traces detected on seafood packaging
Acquisitive UK seafood CEO sees retail, foodservice valuations ‘all over the place’
The CEO of a big UK player who is on the look-out for more acquisitions said valuations in the sector have been skewed by the coronavirus pandemic
Royal Greenland turns to Carsoe for onboard multispecies processing factory
Qaleralik, which is part-owned by Royal Greenland, expects to receive its new shrimp, cod and halibut vessel in October 2022
Canadian Inuit group calls on gov’t to take shrimp licenses from Clearwater’s new owners
An Inuit council in Labrador has asked DFO not to re-issue coldwater shrimp fishing licenses to Premium Brands and the Mi'kmaw coalition
Norway, EU cut shared coldwater shrimp quota 18%
The two parties have agreed a quota of 7,166t for 2021, down 1,570t year-on-year