Chile salmon prices to Brazil increase for first time in five weeks
Fresh whole to Brazil averaged $6.33/kg, while Chile’s Atlantic salmon prices to US went up slightly to $4.95/lb
American Seafoods refutes quota sale reports
American Seafoods says any talk it plans to sell fishing quota to third parties and then lease it back is not true
American Seafoods facing another refinancing round for its $1bn debt
American Seafoods is in the early stages of refinancing portions of its debt, as hundreds of millions of dollars in current loans expire in the spring of 2016
Norway salmon sales to Russia down 22% so far this year
Salmon exports to the Russian market are down 22% so far in 2014, hurt by currency difficulties and high prices
Sources: Rokke could return at American Seafoods
Something is afoot at American Seafoods and sources feel the return the man who built up the company in the first place, via his American citizen son, is a possibility
Japan seafood companies win application to form price ‘cartel’
Japanese seafood processors have been granted an application to form a price cartel in light of consumption tax hike starting April 1
Alaskan black cod price settled 15% higher for first shipment
Low inventories in the US and Japan sees settled price increase by $0.70-1.00 compared with the first shipment of 2013
Former Heiploeg execs vie with Morubel management for shrimp processor
Two former Heiploeg executives are fronting bids to acquire Morubel, up against one from the company’s current management
Mexican shrimp buyers hunt for product with EMS impact still being felt
Shrimp production in Mexico in 2014 is expected to be in line with the low levels of 2013, as EMS continues to hamper farming and buyers in the country look outside for product
Majority of commercially caught red snapper stays in US
The Gulf Seafood Institute has sought to correct 'misinformation' alleging commercial fishermen ship up to 80% of their harvest out of the country