Deal signed on Sri Lanka’s first offshore finfish farm
An agreement has been signed by Irfan Thassim, founder and director of Oceanpick, and Lakshman Jayaweera, chairman of the Board of Investment of Sri Lanka
Banks take voting rights in Dias as part of loan deal
Banks including Emporiki and National Bank of Greece will own voting rights in Dias as part of loan agreement with banks
Seafood smuggling trio fined record $22.5m
Three men convicted of smuggling seafood from South Africa have been handed the largest fine ever awarded for such a crime
Dias Aquaculture chairman steps down
Greek bass and bream farmer sees Stelios Pitakas resign, to be replaced by the vice chairman and CEO
California supplier PAFCO unveils new technique to import live fish
Pacific American Fish Company will hold buyer luncheon to unveil Korean partnership which will push untapped potential of black rockfish
Bass, bream prices start weak ahead of summer season
Prices are weaker than a year ago, as some players fear oversupply will offset traditional seasonal peak
Dutch processor celebrates 40 years, keeps focus on foodservice
A family-owned Dutch seafood processor celebrating its 40th year in business is focusing into supplying foodservice
Nireus earnings down on higher feed costs, lower prices
Lower prices for its fish and a 20% increase in feed costs caused Greek bass, bream farmer Nireus to report a decline in earnings for Q1
Turkish producer invests $14m to target larger sizes
Agromey decides to inject $14m into company to grow fish for longer, while deciding to cut down harvest for 2013
Firms buy Selonda Turkey assets
Turkish companies including Kilic Deniz and Agromey have taken over Selonda's farming licenses in Turkey, while its packing house is being rented out, say sources