Martin Glenn saw his pay packet rocket in his last year as Iglo CEO, relating to a refinancing that increased the company’s large debt pile (more…)
Glenn’s pay package quadruples as Iglo debt pile increases
Sainsbury’s apologizes to customers for salmon packaging error
UK supermarket apologizes after association flags up error in labelling of some of its Scottish salmon products
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LA investor buys family-owned Oregon sardine distributor
CounterPoint boosts portfolio of West Coast seafood suppliers with acquisition of West Bay Marketing (more…)
Fiji exporter refutes sharkfin allegations
Fiji Fish Marketing says reports of shark fins being air freighted to Hong Kong are exaggerated and says increase in shipments is due to tuna (more…)
First Copper River opener has plenty of reds, few kings, initial prices will be high
Initial opener came on less bad weather than expected, with 82,000 sockeye and 700 king salmon harvested (more…)
Minh Phu braces for tough 2013 as EMS continues to hit business
Shrimp disease sees Vietnam’s largest shrimp exporter miss 2012 targets by $130m, or 20,000t, as chairman forecasts a tough 2013 ahead (more…)
Whole Foods oyster supplier looks to expand
High-end oyster farmer Hummock Island is looking for a $3m investment to meet large-scale demand from retailers
Pescanova creditors given 30 days to file claims
Creditors have 30 days to file claims with Deloitte (more…)
FDA seeks preliminary injunction against NY processor
US department of justice, on behalf of Food and Drug Administration, is seeking a preliminary injunction against New York City Fish, and several of its key employees
Feed supplier named US exporter of the year
Pennsylvania-based Zeigler Brothers awarded the title by the US Small Business Administration at the World Trade Day conference in Denver
Deloitte to detail how €55m will keep Pescanova afloat
Monday’s report could be decisive in banks’ decision, as Deloitte is expected to detail how the money will be spent (more…)
Think tank warns of ‘long road’ for Cermaq in Chile
Newly released study raises concerns about Cermaq’s corporate responsibility in Chile, says Norwegian thinktank, ForUM (more…)
Austevoll shares suffering from poor PR
The problem with incomplete information from a stock-listed company is that it can develop into a low share value. With that, half the point of being stock listed disappears (more…)
Expanding salmon, shellfish processor ready to take on high-end UK market
Backed by the owners of Scottish Salmon Company, Associated Seafoods is ready to grow exports and take on home market with new plant under construction (more…)
Father of fish fingers passes away
E Robert Kinney, former CEO of General Mills, and the man credited with inventing the fish stick, or fish finger, has died aged 96
Oceana invests in canned fish stock
South Africa’s Oceana Group, close to announcing an acquisition, is shifting cash off its balance sheet into canned fish stock as quotas come down and demand grows (more…)
Zhanjiang Guolian chairman travels to US to contest countervailing duties
Chairman of company which supplies 90% of China’s headless shrimp to US travels to the US in bid to fight potential duties, on back of already tough quarter for company (more…)
First Copper River salmon reaches Seattle
The first wild salmon from the Copper River salmon run reached Seattle on Friday morning, ready for the ‘Copper Chef’ competition
Maersk warns of declining shipping demand
Increasing freight rates a result of overcapacity and declining demand growth, as new ships come into use
King crab prices keep dropping on suspected IUU fishing
Some industry players feel prices could bounce back as a result of IUU treaties, but others are less sure (more…)