Fourth-largest shipping line in Europe hikes rates on routes from Asia to Europe and Americas, others expected to follow suit
Shipping rates to increase on routes out of Asia
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
EU gives Faroes one-month ultimatum over herring sanctions
Step is most concrete action taken so far towards potential sanctions, although some skepticism remains over their likelihood (more…)
Baxendale buys into Grimsby seafood village
Toby Baxendale, the entrepreneur who built up Seafood Holdings, is now chairman and a shareholder in the Grimsby seafood village (more…)
Farmed salmon prices reach new peak
‘There isn’t a bloody customer who can pay the price. None,’ says exporter in western Norway
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Nissui reports $50m annual loss
World’s second largest seafood company in turnover, Nippon Suisan Kaisha, slides into red with loss in year ending March 31, 2013 (more…)
Siam Canadian: Markets can’t follow Thai shrimp prices
Vannamei shrimp supply from Thailand should start to improve on small sizes by July, but high prices are expected up until then, with production in China and Vietnam also under pressure (more…)
Seafresh, Surapon hit by shrimp disease, wage hikes
A range of seafood companies report impact of shrimp disease, as well as the increase in Thai minimum wage
Icelandic firms don’t expect quick benefit from China deal
Icelandic sources suggest free trade with China will not have a big impact yet, though one company disagrees
SalMar CEO optimistic for 2013, despite likely H2 drop in salmon prices
Spot and contract requests coming in, as SalMar forecasts a 10% production increase for 2013 (more…)
Minh Phu Q1 exports dive 9.7% in volume
Shrimp exports in the first four months of 2013 were down 9.7% in volume from 8,759.3 metric tons in the same period last year, and export value fell 12.5% from $107.1 million
Norwegian Seafood Council names new UK representative
Former Norwegian Seafood Council salmon marketing manager Jack Robert Moller is due to start his new role on June 18 and will be based in London
Deal agreed on EU fisheries reform
Council of ministers agree a mandate for final negotiations to include a “workable” framework for a discards ban and a greater degree of regional control of fisheries
ASMI appoints new chairman
In a meeting held in Anchorage on May 9, Kevin Adams was elected to replace Trident executive vice president Joe Bundrant
Tradex Foods sets up foothold in Far East Russia
Office in Vladivostok will be led by Dmitry Chubaev, involved in sourcing and quality control inspections for production out of the country
Pollock veteran to lead Russian Sea Catching trading division
Russian Sea Catching opens trading office in Singapore, headed up by pollock sales veteran, Frank Temme (more…)
EMS hits more Thai shrimp firms’ Q1 results
Asian Seafoods Coldstorage and Pakfood report heavy losses in their Q1 2013 reports, cite disease problems pushing up raw material price
EU, Seychelles extend fishing protocol
Protocol between the EU and the Seychelles will be for six years and allow European vessels to continue its fishing activities uninterrupted off the islands
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