Thai Union’s John West sees turnover, profits rise during COVID
The canned tuna giant reported 'improved product mix on slightly higher volumes sold', and a significant increases in demand for branded products during the lockdown measures
Watch: Freight rates will drop, but not to pre-pandemic levels, says Espersen CEO
The dramatic hike in freight rates from Asia is what Klaus Nielsen, CEO of A. Espersen, refers to as 'speculative' inflation
Fish Factor: Keeping Alaska fishing Alaskan; Trade tangles; High halibut prices
Undercurrent News presents 'Fish Factor', a weekly column featuring the reporting and perspectives of Alaska seafood journalist Laine Welch
Interfish bucks UK trend to up sales, profits in 2020
The pelagic fishing and processing firm appears to have been little affected by the pandemic, reporting a bottom-line profit of £10.7m for 2020
Espersen re-opens Vietnam cod plant with US ‘screaming for product’
Denmark's A. Espersen re-opened its cod-focused processing plant in Vietnam on Friday, Oct. 1, in line with the plan reported by Undercurrent News earlier last week
EU, US squid importers face ‘most challenging market’ due to supply chain issues
Importing squid 'getting kind of crazy', due to COVID, worker shortages, and high freight rates, say Undercurrent News industry sources in the US and Europe
Continued export growth helps UK’s Thistle surpass £100m sales
The processor saw 'exceptionally strong' retail sales, and correspondingly poor foodservice performance, as a result of COVID-19, but it upped sales and maintained margins
Vietnam’s pangasius exports dive in August, but Vinh Hoan ups sales
Data shows Vietnam's pangasius exports were down dramatically in volume terms for August, yet the country's largest exporter managed to up its sales revenue y-o-y
Espersen automates to meet strong demand as EU labor pool shrinks
Retail demand is still strong and foodservice in Europe recovering from COVID closures, but processors are struggling to find staff, hence the need for more automatization
Vietnam pangasius bottlenecks seen ahead of anticipated shortage of preferred sizes
Sources in Vietnam report some processors are keen to secure fish now, while they're at the right size, for fulfilling contracts later; but COVID continues to weigh heavy on logistics