Sudden shift in export rules could affect Russian Far East sellers, Chinese plants

New documents suddenly required from Nov. 1 for Russian fish export to China could cause problems for trade between two countries, then have knock-on impact on sales of double frozen pollock and salmon to EU and US, if not changed  Continue reading

Norwegian state agrees to sell 59% Cermaq stake to Mitsubishi

Norway’s government accepts NOK 96 per share offer for stake in Cermaq, selling 59.17% of share capital in salmon farming group to Mitsubishi
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All-time low rouble, liquidity issues, upping pressure on Russian importers

Importers are suffering losses as devaluing rouble and liquidity issues have kept wholesale prices down, while importing prices have soared due to ban Continue reading