US production of pin-bone out Alaska pollock so far this B-season is up 40%, with buyers from beleaguered European processors holding off on making commitments, hoping for prices flat on A season levels Continue reading
Tag Archives: Pollock
Moody’s downgrades American Seafoods on weak results, high leverage
Ratings agency downgrades ‘highly-leveraged’ US fishing company, forecasting profitability is likely to remain under pressure Continue reading
Young’s cuts losses as raw material inflation eases
Young’s Seafood reports reduced pre-tax loss for its latest accounting period, however profit margins are marginally down, despite a reduction in raw material price inflation Continue reading
Power shifts in pollock business
Rise of Russian Sea Catching; Pacific Andes buying up European processors; tough times for US harvesters; prospect of Russian MSC pollock – major shifts in power are taking place in sector Continue reading
Adjudicator leaves Russian pollock fishery up in the air with skeptical tone
The adjudicator hearing the objections to the assessment of the Russian pollock fishery to the MSC standard has left the fate of the fishery up in the air in his latest ruling with a deeply skeptical tone Continue reading
US pollock catchers up PBO fillet production amid tough market conditions
US Alaska pollock fleet are upping production of pin-bone out fillets, with price negotiations underway with European buyers Continue reading
Russian Sea Catching eyes last of Pacific Andes-linked companies
Expanding fishing giant is closing in on deals for the last of the companies linked by the Russian government to Pacific Andes, such as Sakhalin Leasing Flot Continue reading
Russian Sea Catching names Far East fleet ops chief
Russian Sea Catching names seasoned pollock executive as new chief operating officer for its growing Far East fleet Continue reading
Sources: MSC pollock setback to prolong market suspense
Latest setback came as a shock and will prolong game of wait and see on US sellers’ part, while buyers might have to rethink strategy if fishery is not certified this summer Continue reading
Pollock buyers nervy, MSC watchful on American Seafoods overfishing allegations
Buyers of MSC-certified fish are nervous about the implications of allegations of overfishing against American Seafoods, while the MSC says it is ‘monitoring’ the situation Continue reading
(207 results)