Bass and bream producer in bankruptcy protection nets postponement to court hearing, which will determine whether to prolong protection from creditors

By Eva Tallaksen

Merger between Selonda and Dias looking increasingly unlikely, say sources, as sector faces pressure from banks, equities in the red and low sales prices.

By Eva Tallaksen

Greece’s three largest bass and bream producers have seen their equities fall in the past 12 months, driven by drops in the recorded value of their biomass

Import prices of fresh Greek seabass, seabream into France fell by a fifth in the 12 months ending on Sept. 30, 2013, a much steeper drop than that experienced by Spanish imports

By Tom Seaman

Tesco’s in-house food sourcing division is growing in size and planning to expand its reach in direct buying from producers, with seafood part of the mix, sources say

With losses of nearly two-thirds its sales, Dias completes the picture of bleak times for Greece's three biggest fish farmers

State must cut red tape and banks must negotiate, says Greece’s largest seabass and bream producer, as low prices and higher raw material costs drive it deeper into red

Selonda says freeze on debt repayments is expected to last until negotiations with lenders are completed, as year-to-date losses exceed equity by more than 30%

By Alicia Villegas

Fish exporters from Uruguay have been cut off their key market, Nigeria, since Oct. 15, official tells Undercurrent News

A higher revenue for the third quarter 2013 saw the firm cut its quarterly losses year-on-year, but group still looks likely to make greater annual losses than in 2012