Possible big biomass increase raises hopes for Peruvian hake players

Hake

Scientists find biomass could exceed 500,000t, raising hopes of possible quota hike for next fishing season and of potential assessment towards MSC certification (more…)

True World Group promotes Shining Ocean president to helm

US seafood conglomerate True World Group promoted Robert Bleu to president, up from president of its subsidiary Shining Ocean

Darden investor wins backing for vote on Red Lobster spin off

Restaurant has 60 days to call a shareholder meeting to vote on activist investor Starboard Value’s proposal to delay the company’s plan to spin off its struggling Red Lobster chain

Aquachile calls for further consolidation in Chilean salmon industry

Aquachile argues that a new wave of consolidation is necessary so Chilean salmon producers can strengthen their position in international markets with growing demand

Ecofish partners with Monterey Bay

Monterey Bay Aquarium’s business partners work to build awareness about ocean-friendly seafood choices across the US

Chile to spend $1.8m on artisanal fishery recovery after quake

Funds will be used to repair boats, engines and replace lost equipment after the April 2 earthquake and tsunami that hit the north region of the country (more…)

US group buys Novartis animal health unit for about $5.4bn

Eli Lilly to take over Swiss drugmaker’s animal health division, including its aquaculture unit, as part of multi-billion overhaul of Novartis’ business

Sugiyo eyes 30% foodservice sales increase on hot surimi product push

Favorable trends in the US consumer market and opportunities to fill in for high priced shrimp create bullish outlook for US surimi seafood producer

Confusion reigns over snow crab as both sides deny any firm price agreements reached

snow crab

No firm price agreements have been reached with Japanese buyers for Newfoundland snow crab, that much both packers and buyers can agree on (more…)

US seafood company improves efficiency, products on back of traceability system

US company Norpac Fisheries Export saw how a traceability system implemented in 2012 has added value to its business (more…)