Polar Seafood to buy stake in Icelandic shrimp firm
The largest shareholders in Denmark's Polar Seafood and coldwater shrimp processor Kampi have agreed a deal for Polar to acquire a stake in the Icelandic firm
Premium Brands builds seafood deal pipeline, still in talks for CAD 325m player
'Although we did not close any acquisitions during the quarter, we're pleased to report that we're in the advanced stages of due diligence on a number of deals and we hope to close a few in the near future' -- George Paleologou, CEO
US shrimp imports finish first half down by 3% after rough month of June
The US imported 351,025 metric tons of shrimp worth $2.7 billion during the first six months of the year, 3% less volume and 10% less value than the first half of 2023
Whitecap appoints former Stavis Seafoods exec as new sales manager
Canada's Whitecap International Seafood Exporters has appointed Ethan J. Gerber as its new sales manager
US shrimp imports climbing again, though prices remain low
'We hit bottom in 2023. I don’t expect prices to go below that level, but certainly down to those levels' -- Donelson Berger, Stavis Seafoods
Harbour Grace acquisition gives Canadian Innu more shrimp, groundfish quota
The Innu fishing company Ueushuk Fisheries now owns one of the 17 commercial shrimp fishing licenses off Canada's east coast
Norway, EU set new shrimp quota amid conservation concerns
Norway and the EU have agreed on a new combined quote for shrimp in the North Sea and Skagerrak
Polar Seafood in talks over raw materials, with Greenland reform to take 30% of quotas
Polar Seafood is in the process of mapping what is needed to try and keep its Aasiaat factory open, after positing a plan to close the facility in three years' time
US expands ban on Chinese seafood over forced labor concerns, includes Argentinian red shrimp
The Southern Shrimp Alliance estimates that roughly 32% of the Argentinian red shrimp imported by the US in 2023 was processed in China
Former OCI sales exec Spicer joins Nissui-owned Nordic
Steve Spicer, who served as sales manager and general manager at UK distributor Ocean Choice International for 15 years, has now taken a similar role with Nordic Seafood