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Sea Harvest announces plan to buyout Terrasan’s seafood ops in $50m deal

Jan. 23, 2024 3:58 PM

The South African hake harvesting group will acquire 100% of Terrasan's pelagic operation West Point Fishing, and 63% of its abalone division, Aqunion

Prices
Notable slump in red shrimp sales offset Argentina hake, illex squid export rise

By Jan. 2, 2024 5:21 PM

Argentina's fisheries saw red shrimp exports dropping by 36.3% in volume and 34.9% in value year-on-year to 7,192t worth $44.9m in November

Latin America
Chile sees dropping salmon, trout, fishmeal export value in November

By Dec. 18, 2023 5:39 PM

Chilean seafood exports totaled $709 million in November, marking a decline of 14.4% year-on-year mainly due to a drop in the sales value of salmon and trout, fishmeal and crabs

Europe
Strong overseas sales offset slow domestic demand for Spain’s Pereira

By Dec. 8, 2023 10:19 AM

'We managed to diversify our sales further, with over 55% now of them going outside Spain and mitigating the impact of fluctuations in the domestic market'

Supply
Red shrimp, squid sales lead Argentina’s seafood export growth

By Dec. 6, 2023 4:33 PM

Argentina saw its shrimp and squid exports increase year-on-year in October to 19,970t worth $120.2m and 3,640t worth $9.2m

Scallop
Inflation spurs Peru seafood landings value up in Q3 despite notable drop in caught volumes

By Dec. 4, 2023 4:26 PM

Peru saw its wild-caught seafood landings decrease year-on-year to 497,200 metric tons worth PEN 628.6 million in Q3, down by 32% in volume but up 2% in value

People
Spain’s Nueva Pescanova initiates restructuring ‘for a stronger future’

Dec. 4, 2023 10:07 AM

In a bid to 'navigate challenging times and fortify its corporate services,' the Spanish firm has gone through a restructuring process over the past few months

Companies
Oceana sees profits soar thanks to high fishmeal, oil prices, Lucky Star sales growth

By Dec. 4, 2023 9:57 AM

The South African fishing and processing firm saw a strong financial performance for the second half of its financial year -- which ended on Sept. 30, 2023 -- with earnings surging

M&A
Turkish shipyard to build new vessel for NZ’s Aurora Fisheries

Nov. 23, 2023 10:31 AM

Tersan shipyard has won a contract to build a new vessel to be operated in New Zealand waters by Aurora Fisheries, part of the Solander Group

Supply
Canadian lobster, hake processor files for creditor protection owing CAD 13m

By Nov. 17, 2023 3:52 PM

The brief details of Chester Basin Seafood Group's efforts are laid out in a letter sent on Nov. 9 by a trustee to more than 50 companies owed at least CAD 250 each

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