Profand joins seafood’s $1bn club after string of acquisitions
Vigo, Spain-based Profand reported a 2022 turnover of €929 million, or $1.03 billion, an increase of 15.5% year-on-year
Polish processors eye raw material boost from US-China tensions, new ATQs
Poland's seafood processing industry aims to ramp up cooperation with companies in the US amid rising US-China tensions and the Eastern European country's hunger for raw material
Good news of Pacific whiting fleet’s increased TAC dampened by Ukraine export challenges
US and Canadian harvesters will open the 2023 Pacific whiting season on May 1 with a combined total allowable catch of 625,000 metric tons -- 15% more than last year
Namibia employment drive offers fish quota for jobs
Namibia's fisheries and labor ministries launched a new strategy to offer jobs and salaries to unemployed fishermen through the Government Employment Redress Programme
Abanca goes with Cooke’s bid for Pescanova, deal will create $4bn+ turnover group
Cooke's planned deal for 80% of Pescanova, which Abanca confirmed to Undercurrent, will take the Canadian group close to seafood's top five largest, with a turnover of over $4bn
Peru seafood landings in January soar as anchovy catch for fishmeal, oil jumps fourfold
Peru's fisheries sector saw its seafood landings rise year-on-year to 687,200 metric tons worth PEN 468.4 million in January, up by 135.4% in volume and 33% in value
Hundreds of ‘dark’ vessels fishing illegally off Argentine coast in March
Hundreds of alleged 'dark vessels' are illegally fishing in Argentina's waters, according to a local NGO that flew reporters over an area off the coast of the country on March 19
Iberconsa parent Platinum tipped as preferred bid for Pescanova
US investor Platinum Equity, the owner of Iberconsa, is being tipped as the preferred bidder for Nueva Pescanova
Argentina’s seafood exports soar in February thanks to jump in squid sales
Argentina saw its squid exports increase in February to 29,700t worth $62.7m
Iberconsa’s US backer Platinum tipped as third bidder for Pescanova
US-based Platinum Equity, the majority owner of Spain's Iberconsa, is being tipped as a bidder for seafood giant Nueva Pescanova, sources told Undercurrent