Russian veterinary official met with salmon exporters at Marine Harvest’s stand on Wednesday (more…)
Russia warns Norwegian salmon exporters at Brussels show
Pescanova competitors frustated as retailers hold fast
Rumors are rife over who might take over surimi and shrimp contracts, but Pescanova’s largest customer is not giving any sign of wanting to change supplier, sources told Undercurrent News (more…)
Rising raw material, labor costs hit China processor’s margins
Frankfurt-listed Haikui Seafood earnings dive 17% as raw materials and labor costs hit its margins (more…)
Day of drama
The Cermaq vote and tug of war with Marine Harvest is painted in dramatic colors in the Norwegian media (more…)
Deloitte still scrambles for support for €55m Pescanova loan
Regional government declines to give support for loan, despite warnings that delay will ‘complicate’ the future of the company (more…)
Cermaq, Marine Harvest shares jump on back of key vote
Vote paved way for Marine Harvest’s plans to form a salmon farming and processing giant, with bid to be unveiled Thursday (more…)
Cermaq to take stock of higher Marine Harvest bid
‘Today is day of reflection’, says CFO, as company will assess both Marine Harvest bid and alternative ways to complete Copeinca deal (more…)
Victory for Marine Harvest, China Fishery as Cermaq votes against Copeinca deal
Vote leaves door open for Marine Harvest and China Fishery’s takeover ambitions as shareholders vote against Cermaq’s proposed takeover of Copeinca (more…)
83.9% attendance at Cermaq meeting
Shareholders representing 83.9% of share voting rights are on attendance at Cermaq’s meeting this Tuesday (more…)
China Fishery to launch new, maybe higher, takeover offer for Copeinca
Offer will be launched if Cermaq shareholders vote this Tuesday down the proposed rights issue needed for Cermaq to fund its rival Copeinca bid (more…)
Marine Harvest confirms will to increase Cermaq offer
Hours before Cermaq shareholders are due to vote on the Copeinca transaction, Marine Harvest confirms it is willing to raise its potential bid for Cermaq (more…)
Union calls for Pescanova chairman’s passport to be withdrawn
Union Manos Limpias says Fernandez is a flight risk and should have his passport recalled (more…)
Pescanova creditors given 30 days to file claims
Creditors have 30 days to file claims with Deloitte (more…)
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…)
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…)
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…)
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…)
Research: Fish oil can counter junk food effect on the brain
Diets rich in omega-3s, such as fish oil, can prevent the negative effects of fatty food by stimulating the area of the brain that controls feeding, learning and memory