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Legal May 14, 2024 10:31 AM
Coldwater shrimp prices headed up in Europe with potential Greenland reform on horizon

By Neil Ramsden

Coldwater shrimp prices are already on the rise and are expected to continue to do so into the fall; meanwhile, Greenland's possible fisheries reform could dramatically alter the supply landscape

Trade May 13, 2024 5:08 PM
Clearwater finally sees benefits of delayed shrimp, turbot vessel

By Tom Seaman

Clearwater's long-awaited new coldwater shrimp and turbot vessel partially offset sales drops for snow crab and lobster, according to the first quarter report of Premium Brands

North America May 13, 2024 4:17 PM
Premium sees ‘positive signs’ for lobster biz, works on deal for $220m-turnover firm

By Tom Seaman

Canada's Premium Brands is working on the acquisition of a CAD 300m, or $220m, seafood company while also noting light at the end of the tunnel for its lobster division

Vannamei May 10, 2024 9:56 AM
Sykes, Klaas Puul parent passes $400m turnover in ‘challenging’ year

By Tom Seaman

The acquisitive parent company of Sykes and Klaas Puul saw turnover rocket in its latest financial year, but its pre-tax profit took a hit from one-offs

Coldwater shrimp May 9, 2024 2:55 PM
Canadian court quashes DFO decision to approve Nunavut fishing licenses for Clearwater

A federal court judge says the decision by then-fisheries minister Bernadette Jordan to reissue fishing licenses to a coalition of seven Mi'kmaq First Nations as part of the sale of Clearwater Foods was unreasonable

Lobster May 8, 2024 3:00 PM
Canadian scientists see signs of ‘cooler’ Atlantic

Measurements taken during the spring acoustic survey by DFO showed temperatures throughout the water column back to normal or below normal

Coldwater shrimp May 8, 2024 10:09 AM
Polar Seafood warns of potential legal action with Greenland fisheries reform set to up-end sector

By Neil Ramsden

A draft fisheries bill has proposed that private companies like Polar will have to sell quota, while state-owned businesses like Royal Greenland can maintain a share of up to one-third

North America May 7, 2024 3:07 PM
Royal Greenland enacts cost controls following $38m loss in 2023

By Neil Ramsden

Among the key challenges was a loss in business in Chile after that firm lost its approval for export to China, and a collapse in the US market also hit the firm hard

Analysis May 6, 2024 1:47 PM
US shrimp imports a little better than flat in first quarter

By Jason Huffman

Shrimp prices continue to descend in the US, but volumes are keeping pace and even rising a little, based on the latest seafood trade data published by the National Oceanic and Atmospheric Administration

M&A April 9, 2024 3:25 PM
Former North Pacific, Eastern CEO Miki shifted to Marubeni’s sugar refining division

By Masahiko Takeuchi

Much-traveled seafood veteran Tom Miki has been moved out of seafood to become the next president of the Japanese conglomerate's sugar refining division

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