Number of Iceland’s coldwater shrimp plants falls from 25 to six
In 20 years the number of peeling factories has accompanied catch levels in dropping, with a similar story in vessels
ISI veteran out after 23-year stint
A 23-year veteran of Iceland Seafood International and its precursor, SIF, has left the trading and processing firm
World coldwater shrimp stocks to decline 12% in 2015
As total allowable catches the world over shrink and the Gulf of Maine enters a moratorium, North Atlantic countries look to research what can be done
EU processors indicating gross weight would ‘willingly’ neglect new labeling regulation
Only net weight should be indicated on frozen glazed seafood products, Olivier Hottlet, president of Belgian Food Importers’ Association tells Undercurrent News
M&J deal has Fresh Direct CEO looking beyond sales target of £500m
Fresh Direct will be around £400m in turnover with addition of M&J and two other former Brakes companies, meaning CEO of enlarged group is looking to up five-year-plan turnover target
Sirena taps former Sykes execs to run new UK arm
$400m turnover Danish group sets up UK business for sale of whitefish and shellfish, with two former execs from Sykes in place to run the operation
Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV
Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business
Clearwater’s new clam vessel set to drive Asia sales past Europe, North America
Clam vessel, due to arrive in Q3/Q4 2015, will drive Clearwater’s Asia sales value and volume ahead of Europe and the US, the Canadian firm’s CEO told Undercurrent News
China show blog: Mitsui sees slow-down in shrimp sales to China; Tilapia prices stabilizing high
Follow all the news from China Fisheries and Seafood Expo taking place in Qingdao this week
Maine’s 2015 shrimp season cancelled for second consecutive year
Shrimp population in the Gulf of Maine is at its lowest level in 31 years