GSP+ downgrade puts Maldives MSC tuna supplier in scramble for new markets

Horizon Fisheries is considering Russia, Australia as alternative markets as duty to EU is set to go from zero to 20.5% in 2015. But Maldives’ fisheries minister sees the US as the top new destination for country’s MSC tuna
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Russia ban blog: EU says financial support available for fisheries storage; Ban affecting €144m worth of EU seafood exports

Confusion reigns supreme in seafood sector over Russian sanctions that seem to hit its own processors just as hard as suppliers of raw material in the west. Undercurrent News will keep you updated as this situation evolves  Continue reading

Costco win for Tri Marine as retail giant puts canned skipjack under Kirkland Signature brand

Tri Marine wins business for supplying Costco with FAD-free tuna as retail giant puts canned skipjack under ‘Kirkland Signature’ brand, with Thai Union-owned Chicken of the Sea losing out Continue reading

Granjas Marinas looking for $30m investment amid aims to double revenue

Choluteca-based group is interviewing several investment bankers as it continues its aggressive growth strategy Continue reading

Honduras expected to fare better than Mexico in event of EMS outbreak

Chances appear good that early mortality syndrome (EMS) will spread to Honduras, but shrimp farms there may be able to weather the disease better than counterparts in Mexico Continue reading