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UK processor secures investment from landlord

fish_chips_2

UK processor secures outside investment from its landlord to fund growth, one of its directors confirms to Undercurrent News

(more…)

You may also like:

  • Morrisons Grimsby fish plant ‘smashing all expectations’
  • Grimsby packaging firm donates to local charity
  • High hopes for more Grimsby, Iceland trade
  • Grimsby seafood village close to profitability

Canadian supplier offering ASC frozen pangasius fillets

Ontario’s Seacore Seafoods has become among the first in the world to offer ASC-certified, frozen pangasius fillets

(more…)

You may also like:

  • ASC pangasius hits Sainsbury’s shelves
  • ASC: Transparency is a key tenant for us
  • Five more Vietnamese producers now ASC-certified
  • ASC pangasius launched in Germany

Gorton’s profit down as King & Prince cuts losses

Earnings down for Gorton’s amid tough price competition as King & Prince cuts losses, leaving Nissui’s US processed seafood profit flat (more…)

You may also like:

  • Nissui reports $50m annual loss
  • Stormy seas ahead for next Captain Iglo
  • Tough German private label competition hits Iglo
  • Sources: Nissui German plant sale set to go through, management the issue

Seafood mislabeling bill becomes law in Washington

Washington State governor Jay Inslee signs bill into house law, requiring all seafood to be labeled by its common name

(more…)

You may also like:

  • US supplier unveils online seafood ordering service
  • Two-pronged attack needed to prevent mislabeling
  • Distributor settles in mislabeling cases
  • MSC test finds three mislabeled samples from 381

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New Orleans restaurants hit by slow soft-shell crab season

Several restaurants reported difficulty in getting crab for its menus, but supply seems to be slowly picking up now after a poor start to the year

(more…)

You may also like:

  • Supply chain program calls for more consumers
  • Food companies given official warnings from FDA
  • Fortune Fish CEO: Second plant would ‘make sense’

Trident rolls out new portion sizes of beer battered seafood

Trident

Seattle-based seafood group designates the new line, PubHouse Golden Ale Beer Battered haddock, shrimp, pollock and cod

(more…)

You may also like:

  • Trident sells Mitkof Cannery
  • Trident pays subtle tribute to Jerry Dowd in expanding foodservice brand
  • Trident Seafoods targets moms for salmon burger campaign

Scottish seafood features in worldwide culinary competitions

The serving of Scottish salmon and langoustine in contests all over the world has producers hoping for new customers

(more…)

You may also like:

  • Scottish langoustine used in international chef competition
  • Salmon farm refusal ‘jeopardizes future’ for Snow Island
  • Scottish success at Dalian show

Former Safeway exec endorses Sustainably Fresh Foods

Gibson: ‘We believe that this technology is a key component of building a cost-effective, fully sustainable seafood supply chain for the world’ (more…)

You may also like:

  • Norwegian group to unveil ‘superfresh’ packing method
  • ‘Sustainably fresh’ transport startup touts up to 50% margin gains
  • Shipping fresh salmon, 40 days at sea
  • Global Fresh Foods names new quality, food science VP

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Whole Foods oyster supplier looks to expand

officialhummockislandoysterproductsheetphoto

High-end oyster farmer Hummock Island is looking for a $3m investment to meet large-scale demand from retailers

(more…)

You may also like:

  • JJ McDonnell to be exclusive oyster distributor for Maryland’s True Chesapeake
  • Supplier appointed to distribute oyster farming system
  • Delaware steps closer to oyster farming
  • US oyster company gets funding for lawsuit

Expanding salmon, shellfish processor ready to take on high-end UK market

Scampi skewers crayfish langoustine

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…)

You may also like:

  • Young’s picks up Morrisons smoked salmon business
  • Multi-million UK shellfish, salmon plant ‘near completion’
  • Associated Seafoods upgrades Buckie plant
  • Associated Seafoods considers Scottish plant closure

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

(more…)

You may also like:

  • Alaskan fishermen head to Copper River for season opener
  • Alaska salmon season kicks off Thursday with PSVOA MSC process in shambles
  • Copper River salmon fleet revs engines
  • Scientists write to Obama about fears over Bristol Bay mining plan

Airline becomes first in Americas to get MSC logo on its menu

surinam_airways_msc

Surinam Airways is to become the first airline in the Americas to display the Marine Stewardship Council ecolabel for sustainable seafood on its menu

(more…)

You may also like:

  • Bumble Bee launches MSC certified canned seafood line
  • McDonald’s pulls Fish McBites from menu
  • High Liner to use MSC logo on more products

Thai Union hopes booming baht eases up in H2

Company says Thai government is watching development of baht closely as it clarifies its 54% profit drop for the quarter (more…)

You may also like:

  • EMS hits more Thai shrimp firms’ Q1 results
  • CP Foods profit dives 91% as shrimp disease hits hard
  • Thai Union sells Indonesia tuna subsidiary
  • Thai Union-backed Papua New Guinea tuna factory to open in June

UK ethnic market provider reports falling profit, turnover

vietnam-shrimp black tiger

UK wholesale supplier Nortrade has seen both turnover and profit fall last year by 9.5% and 53% respectively

(more…)

You may also like:

  • Former British Seafood division grows 2012 profit
  • Expansion helps Ruskim Seafoods increase turnover
  • Exec who rode foodservice fish boom eyes aquaculture investments

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Former British Seafood division grows 2012 profit

Operating profit up 14.8%, as company says it expects to use its ‘strong’ supply chain and diversify ‘product solution’ (more…)

You may also like:

  • Low cod prices open doors for UK supplier
  • High Liner adds to foodservice shrimp range
  • Sodexo secures MSC approval in Belgium
  • Mostell unveils new MSC range for foodservice

Las Vegas man sentenced after seafood fraud

Five year sentence handed to man who persuaded victim to invest in fake Irish seafood supplier, as well as movies and cars

(more…)

You may also like:

  • Pescanova brand sale application no longer there
  • Report finds link between illegal fishing and seafood fraud
  • Fraud office closes file on ISI owner over British Seafood crash
  • Director of Seafresh-backed feed venture under police investigation

Guatemalan shrimp producer launching brand in Taiwan

New global strategy comes into focus as opportunities arise in Asia, US for Guatemalan shrimp producer Acuamaya  (more…)

You may also like:

  • Shrimp buyers wary of price crash, countervailing duties
  • Indian shrimp production to keep growing, say sources
  • Taiwan hopeful of Japan agreement
  • Think EU shrimp importers are strict? Think again

Scallop market strong on surge in China demand, US shortage

Scallop from Peru

‘I had never seen a Chinese buyer before,’ says Peruvian farmer, as industry players expect prices to remain strong for 2013 (more…)

You may also like:

  • Clearwater scallop sales compensate for drop in shrimp, clams
  • NOAA confirms scallop quota cuts for 2013
  • Fishing coalition hold Boston rally
  • Dalian Zhangzidao on Brussels hunt for ‘strategic partners’ for China sales

Icelandic Group creates French foodservice sales team

Called Icelandic Produits de la Mer, it will led by Norbert Coll, who has over 30 years experience in the French seafood market

(more…)

You may also like:

  • Icelandic Group CEO: UK shift driven by retail demand
  • Icelandic Group CEO sees slim 2012 profit as work in progress
  • Icelandic Group hires former SalMar, Stoldt exec as Japan director

How a Midwest entrepreneur wouldn’t settle for the spouse’s table

Coastal Seafoods founder and CEO Suzanne Weinstein

Icicle’s hiring of Amy Humphreys as CEO in February highlights lack of women in industry — one US pioneer has been at it for three decades

(more…)

You may also like:

  • US supplier builds customer base looking for ‘underutilized’ species
  • Former American Seafoods exec replaces Guhlke at Icicle

More in this section:

  • Nichirei names new top exec as seafood profit dives
  • ‘Chicken king’ takes further hit on fish as Five Star doubles loss
  • Philippine sashimi-grade yellowfish tuna volumes drop
  • High Liner Q1 profit hit by processing plant relocation
  • Pescanova makes British Seafood look like a ‘pequeno nino’

Follow @undercur

SPOTLIGHT

  • Copeinca 2

    Marine Harvest vs Cermaq

    China Fishery's Copeinca bid has sparked a 'financial thriller' (more...)
  • Photo: Geoff Peters.

    Thai shrimp EMS

    Thailand's shrimp production could be down by more than 35% this year as a result of EMS (more...)
  • Brussels exposition center

    Brussels seafood show 2013

    Recap our coverage from the Brussels seafood show here (more...)
  • centro_pescanova2

    Pescanova

    The insolvency proceedings of Europe's third largest seafood company has rocked the industry (more...)
  • Pollock fishing, Russia

    Russian pollock MSC

    Potential MSC nod could have wide repercussions for pollock buyers -- and Alaskan suppliers (more...)
  • Chile salmon farm pens cages 4

    Chile salmon M&A

    Cooke, Invermar, Pescanova... 'Everyone is talking to everyone' as Chile is back in full swing (more...)
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      Latest news

      • New vessels in works for Alaska cod fleet
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      Editor's choice

      • Pescanova chairman takes to airwaves to claim assets exceed debts
      • Cermaq opens talks with others as Marine Harvest readies higher bid
      • Dawnfresh wins Sainsbury’s hot smoked salmon, trout business
      • Gorton’s profit down as King & Prince cuts losses
      • From ‘goldrush mentality’ to sustainable food source: aquaculture’s evolution
      • Investment firm quietly assembling West Coast seafood empire
      • Marine Harvest confirms will to increase Cermaq offer
      • Union calls for Pescanova chairman’s passport to be withdrawn
      • Minh Phu braces for tough 2013 as EMS continues to hit business
      • Baxendale buys into Grimsby seafood village
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