Visir-owned firm files legal action against OCI alleging mismanagement
The company controlling the 49% Iceland’s Visir owns in Canadian firm Ocean Choice has filed a legal action, alleging mismanagement and demanding control
Vietnam shrimp exports to the UK continue growing
While some markets for Vietnamese farmed shrimp have decined in 2015, sales to the UK market have seen growth thanks to rising demand for small warmwater shrimp
Grimsby’s Northcoast closes China facility; buys stake in Canada venture
Soaring coldwater shrimp prices have forced Northcoast Seafoods -- which sources for retailer Tesco -- to close its recently-established Chinese production site
NAFO maintains shrimp moratorium in Grand Banks
The fishing moratorium continues through 2016 in the Grand Banks, in 'accordance with scientific advice'
Canadian firm launches shrimp oil capsules
Canadian firm BlueOcean NutraSciences has begun receiving orders from consumers via its online sales platform for its Pure Polar omega-3 shrimp oil products
Agama puts focus on pelagics, salmon to boost earnings
The Russian seafood company is going into pelagic and salmon processing, in a move to improve profitability, two executives tell Undercurrent News
Canadian processing push prompts coldwater shrimp price dip
But effect is largely seasonal, and prices are expected to be back as high as they have been before Christmas
Argentina sees opportunity in Russian coldwater shrimp shortage
With key suppliers now banned from selling to Russia, or with simply too little raw material, Argentina can step into frame; though domestic production is increasing
Polar Seafood done investing in pelagics for now
Firm's chairman says after an estimated $80m over several years, Polar will now work to consolidate and improve its operations
Klaas Puul owner pulls sale to Morubel’s PE backer
Klaas Puul’s owners reportedly pull out of sale to Bencis Capital Partners, also said to be eyeing German shrimp firm Ristic