Can Thai Union, Bumble Bee tie-up reverse US tuna consumption decline?
Deal will give Thai Union greater exposure in higher margin tuna products, such as albacore, as well as opening to strip costs out of combining Bumble Bee and Chicken of the Sea’s operations, allowing for more investment in innovation
Red Chamber owners backing former Pescanova USA president’s new venture
US seafood giant Red Chamber has ties into Tequesta Bay Foods, a company established by former Pescanova USA president Rafael Bru, Undercurrent News has discovered
2014’s most-read, 41- 60: Saucy Fish copycats; Sealord’s CEO steps down: Indian shrimp prices rocket
In the run-up to Christmas, we are counting down the top 100 most-read stories on Undercurrent News, most of which are exclusives reported by our team
ASC charts progress with over 100 farms certified in two years
In the last year alone, the number of ASC-certified farms has doubled, says NGO, as it reviews development
Sykes hires former Mostell head of seafood as purchasing director
UK importer and processor adding to team with new hire from Mostell Seafood to start in new year, after losing two executives to a Sirena-backed newcomer to the market
US retailers banging out shrimp for the holidays, as promotional volume, prices both up significantly
It looks like US retailers have made a big bet on shrimp for the holidays, and the implications are very positive for US shrimp importers going into 2015
Thai Union vies with Mitsubishi for Bumble Bee, courts US investors
With announcement on sale expected before Christmas and Thai Union’s management just on a US investor tour, process is seen as being down to Thai firm and its minority shareholder, Japan's Mitsubishi
Marine Harvest loses Co-op salmon business to Farne
Labeyrie Fine Foods-owned salmon processor picks up smoked and chilled salmon business for UK retailer, with Marine Harvest losing out
Larger Thai shrimp raw material prices fall, as smaller sizes rise
A lack of orders on large shrimp sizes is seeing prices for raw material fall, but demand and prices are high on small sizes
Fitch confirms Findus Group notes at one notch above default
Fitch confirmed a rating of senior notes from Young's Seafood parent Findus Group at one notch above default