CP Foods shrimp unit still deep in red with recovery slower than expected
Thai agribusiness giant CP Foods is set to report reduced losses for its shrimp unit in Q4 with losses over $100m for 2014, above the level expected by analysts
Findus Group cuts net losses to £110m
Despite sales growth from Young’s Seafood and positive operating results, Findus Group reported a reduced loss of £110.8m for latest financial year
Ex-Setraco execs tempt another from former employer to startup
Seacorin, founded by three ex-Setraco executives, has brought on another executive from their former employer as a sales manager and shareholder
Shrimp sector watches intently for post Chinese New Year price picture
Prices have risen in run-up to Chinese New Year, with picture for the rest of the year dependent on Asian recovery from disease and how demand in China develops after the Chinese celebrations
Report: Findus Group mulls Young’s sale process
Findus Group is mulling a sale of its UK business, which is Young’s Seafood, according to a media report
Maruha Nichiro-backed Seacon hires new Portugal sales manager
The Netherlands-based importer Seafood Connection has hired Filipe Botas as a new sales manager to team up with Pedro Pereira in Lisbon, Portugal
Morrisons plans in-house smoked salmon, breaded fish production in second plant
Retailer’s second seafood plant, set to open by the end of the year, will mean processes such as salmon smoking and breading of fish can also come in-house
Morrisons confirms deal for former Kerry plant in seafood processing expansion
UK retailer to expand seafood processing to second plant formerly used by ready meals firm Kerry Foods, as first reported by Undercurrent News
Delpeyrat ups competition with Labeyrie
Having launched into caviar and seafood, French producer is now going after Labeyrie's Blini brand
‘Last wave’ of China NY demand, EU buying sees Ecuador shrimp prices firming
Ecuador shrimp prices are rising again after a sharp decline at the end of 2014, because of scramble for buying for Chinese New Year and demand for 0% duty shrimp in Europe