KeyBanc, Desjardins in talks with Ocean Choice for crucial refi
Canada's Ocean Choice International is in talks with KeyBanc and Desjardins to carry out a CAD 175 million refi needed by April, but an OCI shareholder dispute is causing delays
Timeline: Ocean Choice, Visir clash as Clearwater waits in wings
Canada's Ocean Choice dramatically expanded its operations in 2007 by partnering with Iceland's Visir, but a legal dispute and refinancing woes have caused recent complications
Newfoundland shrimpers want temporary closure after biomass decline
A fishing union in Newfoundland and Labrador is concerned with a sharp drop in the biomass for coldwater shrimp and is requesting a halt to fishing on the northeast coast
Ocean Choice: Partnership not for sale, no refinancing problems anticipated
In spite of interest from Clearwater Seafoods in buying Ocean Choice International, the partnership is not for sale, OCI said
Clearwater eyes buying Ocean Choice as critical re-fi deadline looms
In less than seven weeks, Ocean Choice will be forced to refinance its CAD 175m in debt and it’s unclear where that money will come from
Fisheries critic seeks answers on Royal Greenland Quin Sea purchase
A critic of Newfoundland government's fishing policy would like an update on Royal Greenland to purchase Quin Sea Fisheries
Osprey becomes latest Canada shrimp firm to invest in new vessel
The coldwater shrimp fishing company has taken advantage of good quota access and an opportune time to build, to construct a new freezer trawler
Ocean Choice faces Visir appeal after winning $180k in costs
A judge in Newfoundland, Canada has awarded Ocean Choice International a legal cost award of CAD 255,000 stemming from a failed lawsuit brought by its shareholder, Landvis
Indian shrimp exporters’ appeal of US anti-dumping duties fails
A US trade court has rejected an Indian exporter's appeal of a Commerce Department decision to levy anti-dumping duties on frozen warmwater shrimp
UK retail sales ‘show coldwater shrimp price is accepted’
Improved sales over December 2015, year-on-year, preceded stable prices through January; small sizes fetch strong prices on slow market