UK dominates Norway’s frozen cod exports through March
Exports of frozen cod from Norway to the UK have shot up by nearly 30% in volume year-to-date, even at an average price in excess of NOK 60/kg
Channel Fish moves into skin-packs, eyes new plant in five-year plan to hit $250m sales
Channel Fish is moving into skin-pack production and looking to acquire a new plant in 2025 as part of a plan to increase turnover by around 80% to $250m
Hilton proposes UK filleter lay-offs amid automation push
'In order to maintain its market competitiveness, Hilton Seafood is planning to introduce new filleting equipment to its Grimsby site,' a company spokesperson told Undercurrent
Walmart agrees to $45m settlement for overcharges on seafood, other categories
The lawsuit, filed in a Florida federal court, identified dozens of seafood items that the retail giant allegedly overcharged for
Norwegian fresh cod auction prices correct, but frozen cod hits new heights
The average price of frozen cod sold on the Norges Rafisklag auction passed NOK 65/kg for the first time on record in week 14
Norwegian fresh cod prices rise again as frozen values flatten
It was another week of increases on Norway's domestic fresh cod auction, although volumes have been steadily reducing since the peak of the season
Cooke shuts down plant in US scallop capital to consolidate into Wanchese
'This decision will optimize the company's capacity at the modern Wanchese Fish Company processing plant and cold storage facility, which will better serve its customers' -- Joel Richardson, Cooke Inc.
High volumes don’t stop soaring prices for Norway’s small fresh, frozen cod
Prices for frozen haddock are also climbing fast, although a bumper week of saithe volumes have seen a sharp decline as markets continue to adjust in early 2024
Klaus Nielsen: We will make UK a ‘good Espersen plant’ in two years
The company has brought Stig Nielsen, who was running its McDonald's Filet-O-Fish plant in Denmark, over to the UK to run the coated and natural whitefish plant in Grimsby
Russia may abandon UN treaty governing Arctic cooperation
A Russian politician announced the country is contemplating a withdrawal from the UNCLOS agreement, which governs activity -- including fishing -- in the Arctic region