Management buyout among options for Morubel
Spun off from its bankrupt parent Heiploeg, Belgian shrimp processor has attracted strong interest from potential buyers, says commercial director, with sources saying MBO is a likely option
P&P plucks Heiploeg from bankruptcy as Morubel goes it alone
Heiploeg is declared bankrupt, will be absorbed by Dutch pelagic and whitefish giant Parlevliet & Van der Plas, as Morubel to continue as a separate business
CP Foods shrimp unit narrows losses, could break even by mid-2014
Thai analysis firm Bualuang Securities believes greater productivity this financial year will see the operation break even late second quarter
30-year record low temperatures in Thailand exacerbate EMS
Cold temperatures in Thailand have exacerbated the EMS epidemic, resulting in widespread emergency harvests at shrimp farms, according to reports
Big Prawn ups 2013 profit, turnover
UK shrimp and seafood processor saw its gross and pre-tax profit grow in 2013, despite raw material price challenges
India could benefit from Japan’s relaxed shrimp import rules
In a move that could benefit Indian shrimp exporters, Japan has relaxed the maximum residue limit standards for ethoxyquin, an anti-oxidant used as preservative in shrimp feed
Brazil seafood restaurant chain gets first foothold in US
Shrimp and seafood chain Vivenda do Camarao has expanded into the US, opening two of eight planned stores with US partner
Shellfish servings in US foodservice falling faster than seafood in general
The number of servings of seafood in US foodservice is down by double-digit figures for the years 2008- 2013, with shellfish falling even faster
Retail shrimp sales surged in December as stores gained confidence in higher prices
There has been some optimism from US shrimp importers in January, and it seems like it is based on surging retail sales of shrimp in December, reports John Sackton
Positive outcome after workers’ dispute at Thai shrimp exporter
Arguments at Marine Gold's factory in Mahachai have been settled after workers and employers came to an agreement, following a cut in working days