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Europe
Sales, profits at UK’s Lyons slip, but business stays in black

March 27, 2024 10:20 AM

The shrimp-focused UK division of Labeyrie Fine Foods saw sales slip slightly, and profit to a greater extent, for the year ended June 30, 2023

Prices
Ratings agency gives Mowi a BBB+ on NOK 94 price outlook

March 27, 2024 10:19 AM

The rating is constrained by the seafood sector's historical earnings volatility due to unstable prices resulting from variable supply, as well as by biological challenges

Foodservice
Iceland Seafood replaces longtime CFO

March 27, 2024 10:18 AM

ISI has brought in Alda Bjork from Treble Technologies to replace Reynir Jonsson, who has worked as CFO at the company since 2013

Salmon
Blumar, Multi X mull rebuilding Entrevientos plant after fire

By March 26, 2024 4:38 PM

The aftermath of a devastating fire that razed the Entrevientos plant in Chile's Magallanes region last month has left Multi X and Blumar without processing facilities in the country's southernmost region

Trade
Panamanian firm Gava Foods acquires shrimp fleet, expands operations

By March 26, 2024 4:25 PM

Panamanian seafood firm Gava Foods, which focuses primarily on producing wild white shrimp in Panama and exporting them to the US, has acquired six vessels

Feed
Chile’s Camanchaca strengthens partnership with Spanish tuna processor Frime

By March 26, 2024 10:24 AM

Chile's Camanchaca aims to expand its production capacity and solidify its presence in the US and Europe, deepening its ties with current partners

Europe
Anger over Gaia Salmon plans to demolish Norwegian islands for salmon smolt facility

March 26, 2024 10:16 AM

Tensions rise as plans by Gaia Salmon to establish a land-based breeding facility in Norway's Traena village spark debates and protests

Prices
Mercamadrid prices for European bass, bream remain flat

By March 26, 2024 9:58 AM

Prices for European seabass and seabream from Turkey, Greece and Spain, as traded in Mercamadrid, Spain, continued with no changes between March 18 and 24

Prices
Prices for European plaice rebound, common sole drop on Pefa auction

By March 26, 2024 9:56 AM

Prices for gutted, iced European plaice -- the most significant volume going through the Pefa system -- rose across all sizes, while prices for common sole from Dutch vessels fell between March 18 and 24

Eco-labels
UK nephrops FIP asked to provide evidence backing claims of progress

By March 26, 2024 9:53 AM

The fishery improvement project, which involves major retailers and is led by the MSC, has been asked to supply 'sufficient and appropriate evidence' to Fishery Progress

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