Seafood chain Ocean Basket aims to almost double outlets
South African seafood restaurant Ocean Basket, which has 176 franchised outlets, says it will almost double its store numbers to 300 by 2017, as it rolls out a plan to grow its footprint locally and internationally
Madrid fish consumption well above Spain’s average
A tenth of all food bought by households in Madrid region in 2012 consisted of fish and seafood
Oceana 2013 profit up on hake, horse mackerel operations
Increases in quota and firm prices meant that while the South African company benefited from diversity, hake and horse mackerel saw significant improvements over 2012
South Africa faces complications in setting hake quota
Unavailability of research vessel is impacting calculations to establish hake quota, reported Seafood.com
Blumar pins hopes on salmon, China sales, on back of quota cuts
Chilean group says it does not plan to shut down more fishing plants, but expects salmon activities to report better results than its fishing division in 2014
NFI conference blog: Crustaceans lead the pack in US retail growth
Keep coming back to Undercurrent News for all the news from the NFI Global Seafood Markets Conference in Miami, Florida
Blumar lays off 300 workers due to quota cuts
Chilean fishing company has already stopped its plant activity and will join operations with Pesquera Bio Bio to catch hake
Argentina fish landings up 17.2% in 2013
The largest figures were for hake, up 4.2% to 268,866t, followed by squid
Poor weather pushes prices up in Spain’s main fish markets
Behind price increases of up to 160% there were waves of 5 meters that kept Galician fishers at home, with some market halls shut for business during the first days of the 2014
Former Oceanfresh CEO: Lonrho encouraged financial fraud in run up to sale
Oceanfresh co-founder Gavin van der Burgh alleges former bosses wanted favorable results whatever means necessary in run up to $285m sale