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Products March 22, 2023 3:19 PM
Iberconsa teams with Andreassen’s NovaMar on ready-meals for US market

By Matilde Mereghetti

Iberconsa has launched a new range of ready-meals, partnering with NovoMar, the Miami-based processor launched by the son of Atlantic Sapphire founder

Processing March 22, 2023 1:20 PM
Abanca offers Cooke, Red Chamber ‘blank check’ to buy Pescanova for €700m

By María Feijóo

Abanca has held meetings with Cooke and Red Chamber to propose a flexible financing structure that allows them to plan a complete takeover of Nueva Pescanova, according to reports in the Spanish media

Prices March 20, 2023 9:55 AM
Higher prices expected for illex squid in 2023 amid poor fishing

By Matilde Mereghetti and Louis Harkell

Chinese squid processors anticipate higher prices for Argentinian illex amid reports of poor catches; over the last two weeks, catches in Argentina have been 'very bad'

Trade March 17, 2023 10:09 AM
Viciunai recalls frozen products from retail amid cadmium contamination

Lithuanian seafood and surimi Viciunai Group is withdrawing cadmium-contaminated seafood products -- mainly frozen squid -- from the retail market

Russia March 16, 2023 10:10 AM
Indian trade chief sees growth potential in Russian, UK, domestic markets in 2023

By Dan Gibson

Outside of the traditional big three of the US, EU and China, government policy may open other channels for India's shrimp traders this year, the SEAI hopes

Vannamei March 16, 2023 9:30 AM
Nueva Pescanova prepares for full repayment of €150m syndicated loan

By María Feijóo

'In the light of certain information appearing on local media, Nueva Pescanova wishes to emphasize that it has full financial autonomy to undertake its business plan' -- the firm's president Jose Maria Benavent

Argentine red shrimp March 16, 2023 8:22 AM
Red Chamber joins talks to buy majority stake in Nueva Pescanova

By María Feijóo

Acquisitive US-based seafood conglomerate Red Chamber has joined negotiations to acquire a majority stake in Spain's Nueva Pescanova, according to a report from El Confidencial

Prices March 15, 2023 4:32 PM
Argentina’s seafood export value starts 2023 down 2% as squid, shrimp prices dive

By María Feijóo

Argentina saw its seafood exports value drop in January 2023 to $103.4m, down 2% year-on-year; the export volume, however, rose by 10% to 23,468t

Trade March 15, 2023 10:31 AM
WOFCO confirms purchase of Spanish plant, preps it for VAP

By Matilde Mereghetti

The Spanish company acquired Aucosa last fall and is currently renovating it to reprocess value-added items; it also aims to open a new Paraguay plant in a year's time

Supply March 2, 2023 4:05 PM
Reduced Peru anchovy harvests for fishmeal, oil drives lower December landings

By María Feijóo

Peru saw a 1% y-o-y drop in fish landings in December, mainly due to lower catches of anchovy intended for fishmeal and fish oil, which fell by 4%

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