P&P, Samherji JV launches UK’s largest long-distance whitefish trawler
Princess Anne officially named the vessel, which was delivered in July last year. Undercurrent News was present for the naming ceremonies
Dalian Tianbao defaults on additional $22m debt
The large Chinese processor said expenses stemming from its financial and legal issues 'may have a certain impact on the company's production and operation'
Large Chinese processor defaults on additional $125m debts
Dalian Tianbao's total overdue debts now amount to $326m, based on an Undercurrent News analysis
Latvian P&P, Samherji firm buys trawler from Canada’s Newfound Resources
Canadian fishing company Newfound Resources has bid farewell to a vessel which has landed over 100,000t of shrimp and turbot over 19 years
‘Our Superbowl’: Inland Seafoods’ New Orleans unit slammed for Lent
The 56 workers at Inland Seafood's 10,000-square-foot facility in New Orleans are in high gear for the Lenten season, one of the busiest times of the year
Large shareholder in beleaguered Dalian Tianbao looks to sell
The Shenzhen-based investment firm said it aims to sell a 6% shareholding in Dalian Tianbao Green Foods through 'competitively priced bulk sales'
Owing $136m, creditors circle major Chinese processor as lawsuits mount
At the height of China's stock market bubble in 2015 Dalian Tianbao Green Foods was worth a staggering $1.5 billion; today it is worth a fraction of that amid a lawsuit deluge
New ISI CEO says Icelandic M&A tidal wave shows no sign of breaking
Moves from salmon farmers and other protein companies into downstream sector in whitefish is driver for wave of M&A from Icelandic firms, says Iceland Seafood CEO
FISH-NL begins another push to be certified as Newfoundland harvesters union
Ryan Cleary, who has been retained as FISH-NL's leader, vowed to blow past the 4,000 member requirement in order to be certified as a union in the province
Mazzetta drops Gloucester processing plant price by $6m to encourage sale
The building and 9.6-acre property, which once processed lobsters and finfish, was marked down by $6m to $11m