Japanese surimi prices settled for A season

US packers and Japanese buyers have virtually wound up price negotiations over DAP pollock surimi for A season, with import prices for Japan showing the first fall in three years

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Fish finger venture drags Nissui Europe division into red

A heavy loss on its venture into frozen fish processing in Germany saw Nissui’s European division slide into the red in its latest financial year (more…)

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…)

Ex-Adak Seafood plant, equipment up for auction

The equipment offered features nine fish sorting lines with conveyors, sorters and 35,000-gallon holding tanks

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Russia cuts South Korea pollock quota in half

Two countries agree to set South Korea’s fishing quota for pollock for this year at 20,500 metric tons, half of last year

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Walmart Brazil launches first direct-from-Alaska pollock, salmon, cod fillets

Brazil’s Noronha Pescado supplies Walmart with what it calls the first Alaska seafood to ever be sold directly to Brazilian consumers (more…)

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…)

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…)

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

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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…)

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…)

Frosta improves profit on €2m cost reduction

Lower costs helps German frozen food producer improves its sales in first quarter of the year (more…)

London showdown on Russian pollock MSC drive

The independent adjudicator in the objections to the Russian pollock MSC certification ruled a hearing will take place in London on May 31 (more…)

Maruha Nichiro looking for ‘right partners’ outside Japan

World’s largest seafood company has been focused on acquiring resource for sale back to in Japan, but is now looking for sales operations in other countries (more…)