Alimex ups focus on cod, sees future in ‘high quality’ China processing
Alimex Seafood is upping its focus on processing Atlantic and Pacific cod, as its CEO says there is a future in China for producing ‘high quality’ double frozen products, despite pressure sector is under
ISI, Icelandic Group apply to join newly merged fisheries body
Marketing and sales companies sign up to Fisheries Iceland, the result of a merger between the federation of Icelandic fishing vessel owners and the federation of Icelandic fish processing plants
Uncertainty reigns as new EU labeling regulation approaches
With just one month before new labeling regulation comes into force, there is still uncertainty on whether gross weight is to be declared in glazed seafood and what freezing date will be used for double frozen, unprocessed fillets
NOAA sets restrictions on Gulf of Maine cod fishing, doubles haddock TAC
Interim measures imposed while a long-term plan is fleshed out for the fishery, which is facing near commercial extinction
Yilufa confirms financial problems, says ‘it’s not only us’
Yilufa export manager emphasizes the companies' financial woes are not the result of internal issues but rather the symptom of widespread industry problems in China stemming bank lending cut-backs and European buying limitations
High Liner stock seen as buying opportunity despite 13% drop
Most analysts are positive about seafood supplier, citing its aggressive goal to grow earnings through cost cuts and its continued expansion into the US through acquisitions
Norway Seafoods recalls products in Denmark over listeria risk
Processor recalls products sold in Irma and DognNetto
Morrisons plans to expand seafood plant sales to external customers
Turnover for its seafood processing plant were £78m for year ending March 2, 2014, as retailer states plans to expand sales to third party customers
Norway’s processing labor needs to be halved, says Sintef
Number of employees must be cut by 50% within ten years if Norway wants to have a profitable processing industry, with the situation looking particularly bad for whitefish sector, says research institute
Havfisk reaps in benefits of modern fleet; 22% higher cod prices
Norwegian catcher in good position to benefit from price increase as it has kept a substantial amount of its cod quota to catch in Q4