Russia implements COVID vaccine mandate for Far East seafood sector
Authorities in the Primorsky Krai region of the Russian Far East have said 80% of all seafood sector workers must be double-jabbed by Dec. 15
Australia’s Seafarms adds $70m to first phase cost of Project Sea Dragon
A decision to expand the processing plant and upgrade the supply road, along with the escalating cost of steel has seen the project's total cost re-forecast to $270-300m
Tradex tackles what’s driving seafood inflation
The Canadian-based wholesaler suggests the seafood industry could see some easing next March
UK’s Joseph Robertson reports turnover, margins gain on back of 2020 retail growth
The Aberdeen-based processor grew its turnover and margins after increasing its retail sales both on existing lines and with additional retailers last year
NESI sees Brexit import red tape cost £500,000 at current volumes
It's a fair amount for the Sealaska-owned company, which turned a 2019 loss into a profit of £4m for the 14-month period ended Dec. 31, 2020
ISI’s UK ops take £4m loss in year of COVID-struck merger
The one-off restructuring costs of merging Iceland Seafood Barraclough and Havelok came to nearly £1.5m, while COVID heavily disrupted operations
Massachusetts shellfish farmer works to overcome pandemic, regulatory challenges
The Great Marsh Shellfish Co. has received a 10-year aquaculture license to grow clams near Hog Island, Massachusetts, but challenges remain
UK’s Ibco ups profits despite COVID, but Seamark slips to loss
The UK-based seafood cash and carry business saw its operating cash flow absorb £1.4m, and net debt increased 39% to £6.4m
UK salmon trader manages to make £1m profit despite COVID sales hit
J. Bennett (Billingsgate) managed to up its margins, and used the UK's furlough scheme to limit the extent to which the loss of the hospitality sector hit its bottom line
Aquascot bids farewell to co-founder, sees profit double in 2020
Charlie Bullock, one of Aquascots three founders, has left but take the helm at ready meal company Bay Food Group, while Simon Fowler joined the firm from John Lewis