Portobello gears up to sell stake in Iberconsa
Private equity firm Portobello has hired Nomura to run a sale process for its stake in Iberconsa, sources with knowledge of the process told Undercurrent News
Falkland Islands’ loligo squid fishery opens with 20,000t landed
Harvesters of loligo squid opened their first season in the Falkland Islands’ fishery with a bang, landing 20,000 metric tons in the first month
Pacific Seafood wins dock access dispute lawsuit
A judge has dismissed a claim in federal court brought by Seawater Seafoods alleging that its larger rival Pacific Seafood engaged in anticompetitive behavior
China’s largest lobster, salmon importer wants 100 years of history
'We are very envious of those 100-year-old companies in North America and Europe. We also hope one day to celebrate 100 years, have a brand with 100 years of history'
Iberconsa plans to expand processing capacity in Argentina
Spanish fishing company Iberconsa plans to buy land adjacent to its processing plant near the Rawson port in Argentina to expand its processing capacity
US seafood not included in Chinese retaliatory trade tariffs
China has slapped retaliatory tariffs of up to 25% on US fruit, wine, nuts, and frozen pork -- but not seafood
Peru sets 2018 giant squid quota
The Peruvian ministry of production established a quota for its giant squid fishery in 2018
Iberconsa aims to grow value-added production to increase retail sales
Iberconsa aims to expand processing capacity, having consolidated upstream presence with acquisition of shrimp and squid catching and processing firm Santa Cruz
China’s Pingtan plans to launch more products on e-commerce giant JD
Fishing firm Pingtan plans to launch more products on Chinese e-commerce giant JD.com in the future, after reporting drop in Q4 profit, but surge into the black for 2017
New Jersey’s Ruggiero Seafood diversifies beyond squid, expands to Florida
Meanwhile, the doubling of squid prices has not hit US demand