Clearwater plans to raise $55m to fund expansion
Clearwater announces CAD 40m bought deal financing and concurrent CAD 15m non-brokered private placement, to finance growth and for general working capital
High coldwater shrimp prices help Royal Greenland overcome harsh winter
While the shrimp quota was down and winter conditions caused plant closures and fishing delays, higher selling prices made up the shortfall
April US shrimp imports up 18% on lower prices
With low prices in April, US shrimp imports surged, with big year-on-year increases from India, Indonesia and Thailand
Danish shrimp, cod processor laid low by subsidiary’s losses
Chrisfish Danmark enjoyed a decent year of results, but the group's turnover suffered from a DKK 5m loss in one 50% -owned subsidiary
Sirena attributes another strong year to focus on core products halibut, shrimp
Danish supplier aims to expand further this year after seeing 23% profit growth in 2014, with Canada-based Whitecap also experiencing strong year
Sykes sees turnover leap in transformative year
Growth and expansion, and an all-new strategy on distributing national orders, saw turnover leap to £86m; further growth in 2015 will see it return to full employee compliment
Lyons parts company with foodservice director
Paul Murray is no longer with Labeyrie Fine Foods-owned UK shrimp supplier Lyons, which has been seeing its bottom line moving the wrong way
Royal Greenland appoints new UK business manager
The new role aims to support the company's continuing expansion in the UK foodservice market
Tesco downsizes seafood team amid merger of GFS, UK buying
Downsized seafood team in place as struggling retailer merges its Group Food Sourcing with UK team, part of drive to cut HQ headcount 30%
Minimal price dip expected as coldwater shrimp fishing kicks off
Greenland and Canada begin fishing, but sky-high prices are barely expected to ease given the strength of demand