Viciunai: Russian retailers face ’empty shelves’ on chilled, fresh seafood
As Viciunai scrambles to keep Russian market supplied, its European managing director says retailers face empty shelves on some seafood products, especially chilled and fresh
Thai Union Q2 boosted by strong branded tuna sales, lower raw material prices
World’s largest tuna canner ups its branded tuna sales in Q2 on lower raw material prices y-o-y, with frozen shrimp business in US also strong
CP Foods reports Q2 profit surge with shrimp set to further improve in H2
Charoen Pokphand Foods reported a surge in net profit in its Q2, as it forecasted stronger results for its shrimp operations in the second half
Thai farmers’ focus on small shrimp driving up prices of large
Packers willing to pay to secure small sizes, so farmers harvest early, causing something of a shortage on larger sizes; should last into September
Turks and Caicos Islands announces huge shrimp farming investment
The islands off Cuba will invest some £125m over four years to create two operations, hoped to reap annual export earnings of over $200m
World’s top 100 seafood companies close in on $100bn turnover
Combined, the 100 companies on our ranking this year had revenues of nearly $100bn, up by $1.8bn from our 2013 report
Louisiana inshore white shrimp season to start Aug. 18
Louisiana authorities have decided to open the state’s inshore white shrimp season this year on Aug. 18
US shrimp startup looking for $1.7m from lender
Ohio-based Inland Shrimp Company is looking to lender financing for $1.7m to get a Midwest fresh-shrimp farm up and running
Midnight Friday last deadline for Russia-bound seafood ‘if you are lucky’
All containers of seafood and trucks of salmon that don’t clear Russian customs by midnight Friday will have to be sent back or diverted, even if they were ordered before the sanctions were put in place, Undercurrent News understands
Sources: Russia’s own plants will take big hit from ban not excluding processed seafood
Russia’s sanctions may be put in place to hit western raw material suppliers, but its own processors will suffer a big impact from the rushed sanctions that don’t exclude processed seafood, sources say