The Icelandic firm sealed a deal with Valka at Brussels for the first processing machine of its kind
HB Grandi sign deal for X-ray cutting machine
Canadian fish processor makes breach of contract claim
D’Eon Fisheries alleges in Nova Scotia supreme court documents that defendants Scotia Harvest Seafoods of Digby, and Marro Management of Lower West Pubnico, breached a 2006 contract
Iglo Austria switches to all MSC-certified US pollock
Austrian division of frozen food group is now using 100% MSC-certified US pollock, with all frozen fish products carrying the logo (more…)
First Atlantic halibut fishery achieves MSC certification
Canadian Atlantic halibut fishery, located off the coasts of Nova Scotia, Newfoundland and Labrador, now MSC certified
NFI thanks US House Ag committee for cutting catfish inspection program
‘Duplicitous’ catfish inspection program inches its way closer to the exit (more…)
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…)
US raises pangasius duty rates for Vietnamese exporters
The department of commerce has raised the duty rates for pangasius exporters to the US, which will increase the rates for most companies, after citing ministerial errors (more…)
Linnaeus: R&D, product development must be focus for bass, bream
Consolidation remains a goal for Linnaeus, but research in feed, and adding value to product, must be on agenda, says private equity partner (more…)
Swiss billionaire makes bid for owners of SA hake group
Group controlled by Thomas Schmidheiny and Rainer-Marc Frey makes £175m offer for Lonhro, owners of investments in Africa including Ocean Fresh and Fish On Line (more…)
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…)
Russian Sea Catching CEO: Investments will be market-driven
The CEO of acquisitive and ambitious fishing firm Russian Sea Catching has more deals in his sights, but says it’s not all about volumes (more…)
American Seafoods charged with tampering with pollock weight scales
American Seafoods has been charged with adjusting their flow scales to record lower weights on its Ocean Rover and Northern Eagle vessels
Espersen names ex-Trident, Young’s exec director of purchasing
Danish whitefish processing group A. Espersen has a new director of buying, who joins from US company Trident Seafoods (more…)
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…)
Stormy seas ahead for next Captain Iglo
The next CEO of Iglo Group has a big pair of shoes to fill and a tough business climate to combat, as European private label fish processors wage war on price (more…)
Norwegian processors form frozen cod JV
Norway Seafoods and Hofseth establish 50-50 sales company to market and sell new frozen fillet cod products (more…)
Lower pollock prices hit Pacific Andes
Groups cite lower prices in contract supply business — namely Russian pollock — as one of reasons for profit drop (more…)
Tough German private label competition hits Iglo
Sales of core category products fell 1.5% in Germany, which Iglo says was ‘particularly hard hit’ by price drops from discounters and growing private label pressure (more…)
Sources: Nissui German plant sale set to go through, management the issue
Nissui has the will to sell, Pacific Andes to buy — but who will run the new operation and what will it be called, if sources are right and the deal will go through? (more…)
Cod price drop hits High Liner’s margins
Yet with the costs from the cod price drop behind the North American processor and the cod market ‘largely stabilized,’ High Liner and analysts believe in brighter times ahead (more…)