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Chile salmon M&A
China’s Joyvio continues to bleed cash from Australis in Q3

By Oct. 25, 2024 11:28 AM

Joyvio, which posted a net loss of $36.3m for Q3 continues to suffer from significant losses as its Chilean subsidiary Australis Seafoods

El Nino
Peru’s jumbo squid shortage hits Chinese imports, boosts prices

By Sept. 27, 2024 10:20 AM

Wholesale prices for Peruvian squid have jumped over 10% in China since early September, a Zhoushan seafood processor told Undercurrent

Russian pollock MSC
American Seafoods CEO accuses Russian pollock producers of circumventing bans

Sept. 17, 2024 2:39 PM

'We’re pretty much an open book when it comes to sharing key metrics and data with consumers and the government' -- Einar Gustafsson, American Seafoods

Fighting transnational IUU
Asian countries discuss agreement on port state measures to combat IUU

June 18, 2024 10:23 AM

FAO's regional coordination meeting for Asia took place June 10-14 in Tokyo, with delegates from 11 countries and two regional fishery bodies

Russian food ban impact
Japan, US set to strengthen seafood ties with Hokkaido scallop trading uncertain

By April 16, 2024 12:55 PM

During Japanese prime minister Fumio Kishida's visit to the US last week, the two leaders affirmed to 'build resilient seafood supply chains' which could bring mutual advantages to Japanese scallop exporters and US processors in Boston

Analysis
Needed Chile salmon M&A being held up by overvalued assets, DNB says

By April 5, 2024 3:46 PM

There is probably pent-up demand for further consolidation in Chile's multi-billion-dollar salmon industry, said Norway's DNB, the industry's largest lender

Brexit
Scotland’s salmon sector bleeds £100m annually due to Brexit

March 28, 2024 10:10 AM

Scotland has reportedly lost up to £100m per year in salmon exports due to Brexit, a figure set to be presented to members of the Scottish parliament on March 28

Brexit
UK post-Brexit fishing industry faces trust crisis, urgent rebuilding needed, study reveals

Feb. 12, 2024 10:47 AM

Rebuilding trust between fisheries regulators and industry stakeholders is deemed essential, according to new research from the UK's University of York

Brexit
Brexit-induced changes double carbon footprint of Norway’s mackerel fishing fleet

Feb. 5, 2024 10:40 AM

Scientists from Norway's University of Bergen have uncovered compelling evidence highlighting the unintended consequences of fisheries management decisions on greenhouse gas emissions

Brexit
Irish fishermen claim minister ‘hoodwinked’ in mackerel dispute with Denmark

Jan. 15, 2024 10:15 AM

Irish fishermen are expressing frustration with the country's minister for agriculture, food and the marine after it was revealed he declined an offer for 3,000t of mackerel

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