It’s a buyer’s market for quotas in Atlantic Canada but snow crab price crash stalls deals
'This year, the price is down about 25% in terms of the price paid per pound for a permanent transfer' -- Trevor Decker, TriNav Marine Brokers
Diversified product portfolio boosts Kramers’ Seafood amid raw material scarcity
Despite the challenges posed by market fluctuations and scarcity issues in 2023, the Dutch processor attributed its significant growth to a diversified portfolio; it anticipated concluding the year with €60m in sales
Canadian company orders $70m trawler from Spanish shipyard
The new vessel for the Qikiqtaaluk Corporation was designed by the Norwegian firm Skipsteknisk
Canada, Greenland sign agreement to protect Arctic polynya
The Pikialasorsuaq ecosystem, which is a vital habitat for many migratory species, is under threat from climate change and increased human activity
Stolt Sea Farm to expand reach as sole prices hit record highs
'With strong production growth across all our farms we are also focused on expanding our sales channels and geographical reach to support sales growth and price improvements'
US seafood import volume down 11%, value off 22%, at 2023 halfway point
US seafood imports have fallen back to Earth after a record year, reveals the latest review of seafood trade data maintained by the National Oceanic and Atmospheric Administration
Stolt Sea Farm’s flatfish hatchery expansion receives approval in Spain
The hatchery, already the world's largest for the two species, will increase its annual production capacity to 6m turbot and 10m sole juveniles once the expansion is completed
Low turbot prices drag Stolt Sea Farm’s profits
Profits before the fair value adjustment of biomass were down slightly y-o-y due to high production costs, but after the fair value adjustment, H1 profits were down 67%
Stolt Sea Farm’s fresh turbot fillets launch in US chain Gelson’s
The firm has entered Southern California-based supermarket chain Gelson's Market with its fresh turbot fillets, boosting the firm's plans to increase its presence in the country
South Atlantic is US’ largest per capita seafood consuming region, study finds
The biggest consumer of seafood in the US is also the most visited region by international tourists