Nolan Seafoods sees turnover jump, but margins pull profit down
UK processor saw demand across the US and Middle East drive £7m increase in sales, but extreme weather and currency challenges hurt margins, says chairman
Iceland saithe fishery MSC-certified
Iceland’s saithe fishery has been MSC certified as sustainable and well-managed following an 18 month assessment
Nils Sperre awaits interesting mackerel market, as pelagics drive earnings in 2013
Mackerel, herring and some bacalao markets were the main driver for turnover and operating boost last year, says CEO, but company lost out on currency exchanges
HB Grandi boosts operating profit, doubles blue whiting in Q2
Icelandic pelagic and whitefish catcher caught 41,000t of blue whiting in second quarter of the year, as operating profit rose despite lower revenues
Domstein family settles for 74% of whitefish processor
Family waives condition of 90% acceptance for its takeover offer, as it fails to muster the threshold by the end of its twice-extended tender offer
Scottish whitefish catchers join EU lobbying body Blue Fish
Environmental NGOs have had upper time in Brussels for too long, says whitefish head Mike Park, who is joining Blue Fish as vice-president
Domstein family further extends deadline for takeover bid
Family extends deadline to take up its takeover offer to end of August, citing low response from shareholders and consequent failure to reach 90% acceptance needed, which it puts down to holiday season
ICES recommends cut in 2015 North Sea saithe TAC
Scientists advised a TAC limit of 80,000 for saithe in 2015, or 72,000t when taking account discards that they estimate could reach 10% of catches. But a lack of data could lead to requests for an updated advice in the autumn
Domstein family extends tender offer period for takeover bid
Citing the start of the holiday period in Norway, family pushes back deadline for tender offer to end of July, after failing to reach 90% acceptance needed
HB Grandi: €85m new vessel purchases reflect Iceland’s aging fleet
Those who have kept close eye on Icelandic fishing industry will be aware that the fleet is an elderly one and the average vessel age is now just under 30 years, says Icelandic fishing group