US sweetener firm to move into fish feed products

Stevia Corp. is developing aquaculture products, expects it to become the company’s biggest earner long-term, with seafood veteran Andrew Kaelin appointed to advisory board

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Copeinca profit dives on low fishmeal, oil volumes

EBITDA down 86% in first quarter of the year, as company echoes Austevoll’s prediction of strong year ahead (more…)

Report: Marine Harvest could up Cermaq offer

Marine Harvest is willing to consider higher offer for Cermaq, and is planning talks with Norwegian government before May 21, chairman tells Mergermarket subsidiary (more…)

Fishmeal, oil prices to remain strong on low volumes

Drop in production of 14% for meal and 22% for oil, combined with low inventories, mean prices should remain high, say Austevoll Seafood (more…)

Marine Harvest amends Cermaq offer to improve its chances

Company amends requirement of 66% acceptance from Cermaq shareholders on back of state’s rejection its offer (more…)

CP Foods profit dives 91% as shrimp disease hits hard

Largest shrimp farmer in the world reports 91.5% decline in profit, citing the impact of shrimp disease EMS as a major factor in the weak Q1 (more…)

Cermaq: Copeinca purchase for feed quality, not quantity

Norwegian salmon giant aims to produce feed with less, better quality, fishmeal, and stresses importance of fish oil

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Expert: Cermaq’s Copeinca move sound, especially for fish oil

It is a sensible move to secure Copeinca for the next few years – in particular for fish oil, feed executive tells Undercurrent News

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Cermaq’s second largest shareholder to vote down Copeinca deal

Bloomberg reports Lansdowne Partners, which owns 6.57% in Cermaq, has said it will vote against proposed acquisition at May 21 annual meeting (more…)

China Fishery could make new offer for Copeinca

Pacific Andes subsidiary extends hostile bid and says it could make a new offer for Copeinca, should current one fail (more…)

Cermaq, Marine Harvest battle intensifies

Gloves are coming off as both companies appeal to shareholders ahead of key vote on Cermaq rights issue (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…)

Biomar CEO satisfied with 2012, notes higher risk in Chile

Strong results of 2012 reflect tailwind in the market, says Torben Svejgard, but risk in Chile will take a while to dissipate (more…)

An ‘un-Norwegian’ situation

Oslo stock exchange. Few analysts will be very confident about which way Austevoll share is going, says iLaks

Marine Harvest’s open questioning of Cermaq’s strategy and weaknesses in Chile is prompting comments from one analyst that situation has become ‘un-Norwegian’ (more…)

Analysts: Marine Harvest arguments against Copeinca ‘not convincing’

Real reason for Marine Harvest opposition to Copeinca deal is likely to be financial, rather than strategic, say analysts, as they say Marine Harvest bid is too low (more…)

State gives initial nod to Cermaq’s Copeinca purchase

Parliamentary industry committee recommends parliament to vote in favor of rights issue, in potential setback to Marine Harvest’s takeover ambitions (more…)

EU proposes amended food and feed regulations

Procedures and management of import controls across the plant, animal, feed and food chains to be ‘simplified and harmonized’ under the changes (more…)