Wet fish industry expects to endure despite liquidations
The wet fish industry along the west coast of the United States is facing some of the toughest times it has ever seen in recent memory but observers say established players are positioned to ride them out
United Coast set to liquidate, ending fund’s acquisition streak
Private equity's hopes to unite several independent businesses in the US west coast wet fish industry look set to end in a liquidation, sources tell Undercurrent News
CEO leaves United Coast Seafoods amid El Nino induced shortage
California wet fish processor, successor to Tomich Brothers, has halted operations in recent weeks due to El Nino-induced difficulties in obtaining fish
83-year-old processor State Fish to close doors
State Fish will close its doors in the near future after a family dispute and unsuccessful restructuring effort has turned into a liquidation of the company’s remaining assets
Patagonian squid prices expected to rocket on low landings
Squid buyers will see 'rocketing prices' of Patagonian squid due to 'historical low landings' in the Falkland Islands during the last fishing season, several sources tell Undercurrent News
Findus France bringing back calamari
Findus France is to reintroduce calamari to its product range after a nine-year gap, as part of a new innovation strategy
Canadian province now allows direct purchase of fish from the wharf
New policy in Newfoundland and Labrador relax regulations on local fish purchases in the Canadian province
China economic slowdown keeps seafood sector guessing
Such is China’s role in the global seafood supply chain as a market and an exporter, the devaluation of the RMB will impact the sector, but sources are not totally sure how much
Japan records double-digit growth in seafood imports for two months in row
Japan’s seafood import in July increased 9% from the same month last year to JPY 170m, recording almost double-digit growth year-on-year for two months in a row, fueled by the depreciation of the yen
Haikui withdraws shares from Frankfurt stock exchange
China-focused fish processor plans to withdraw shares, launches share buyback program before the delisting takes effect