GSMC blog: Shrimp supply picture set for day one discussion

Keep coming back to Undercurrent News for all the news from the NFI Global Seafood Markets Conference in Las Vegas, Nevada Continue reading

Pacific’s anti-trust settlement compliance tripped new lawsuit

It seems there was a trip-ladder written into Pacific Seafood Group’s 2012 anti-trust class action settlement with plaintiff Jeff Boardman Continue reading

Findus Group: Young’s profit rise compensates for soft Nordic showing

Steady sales and profit growth from Young’s Seafood and Findus Group’s southern European business compensated for weak results in Scandinavia, where it’s CEO is focusing more in 2015 Continue reading

Young’s rides out salmon price inflation amid chilled brand growth

Young’s Seafood’s latest results show how the company upped earnings in the face of salmon price inflation, at the same time as growing its chilled, branded business Continue reading

CDQ groups seen as possible players in Icicle sale

Their purchasing power may be small in comparison to tipped frontrunner Pacific Seafoods, but Alaska’s community development quota groups are in expansion mode and at least some can’t be written off as the Icicle sale process unfolds

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Loss-making Findus Group writes down goodwill, value of brands

Despite sales growth from Young’s Seafood and positive operating results, Findus Group reported a reduced loss of £110.8m for latest financial year Continue reading

Shrimp sector watches intently for post Chinese New Year price picture

Prices have risen in run-up to Chinese New Year, with picture for the rest of the year dependent on Asian recovery from disease and how demand in China develops after the Chinese celebrations Continue reading