Seafood supply chain industry news covering seafood distribution, processing, imports and exports and market analysis.
By SeafoodSource staff
22 May, 2013
High Liner Foods on Tuesday announced it will invest USD 6.6 million to further modernize and expand its manufacturing facility in Newport News, Va.
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By SeafoodSource staff
22 May, 2013
The Bakkafrost Group produced a profit, according to its 1Q 2013 report, despite good and bad news from spot price increases.
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By SeafoodSource staff
22 May, 2013
Regulators on Tuesday postponed making a decision on new rules for Maine’s lucrative American eel fishery.
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By Christine Blank, SeafoodSource contributing editor
22 May, 2013
Alaska’s Copper River salmon season started out with rough weather and low landings, but picked up during the second opening.
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By SeafoodSource staff
21 May, 2013
Norwegian seafood farmer Cermaq has voted to abandon its bid to buy a
controlling interest in Copeinca, paving the way for China Fishery Group
to acquire the Peruvian fishmeal and fish oil producer.
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By SeafoodSource staff
21 May, 2013
The assets of the now-defunct Adak Seafood’s 250,000 square foot processing facility are being auctioned off on 18 June by Hilco Industrial.
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By SeafoodSource staff
21 May, 2013
Omega Protein Corp. has christened two new vessels, the Rappahannock and
the Fleeton, in a 18 May ceremony at the company’s Reedville, Va.
facility, according to the company.
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By SeafoodSource staff
21 May, 2013
According to the Vietnam Association of Seafood Exporters and Producers, seafood exports have shown signs of recovery after a long period of slow down.
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By Mark Godfrey, SeafoodSource contributing editor reporting from Beijing, China
20 May, 2013
China’s fish feed leaders are having a good year judging by recent results, thanks in part due to increased prices for aquatic products as consumers switch to fish meat over worries about bird flu. Ventures into non-core businesses are however hurting results at market number two Tongwei Aquatic.
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By SeafoodSource staff
20 May, 2013
John Risley’s first business breakthrough came from selling gnarly crustaceans whose shells and claws contain the juiciest, tastiest meat in the sea.
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By SeafoodSource staff
20 May, 2013
Some 330 harvesters, undaunted by nasty weather, with strong winds, whipping up to 40 knots and more, delivered about 82,000 sockeyes and 700 kings as the famed Copper River salmon fishery got under way May 17.
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By SeafoodSource staff
17 May, 2013
Ocean Beauty is participating once again in the opening of the Copper
River king salmon season, providing the first salmon for the Copper Chef
cookoff.
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By SeafoodSource staff
17 May, 2013
China’s trade surplus in aquatic products hit USD 2.09 billion (EUR 1.6 billion) in the first quarter, an increase of 15.88 percent year-over-year. According to statistics, Japan continues to rank first as an export market for aquatic products from China, while the United States slipped from second place to fourth place, behind Southeast Asia.
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By SeafoodSource staff
16 May, 2013
The Alaska summer harvest season for wild salmon opens this week, with
predictions indicating a major increase over last year’s catch.
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By SeafoodSource staff
16 May, 2013
The House Agriculture Committee on Wednesday approved the USD 940 billion 2013 Farm Bill, which includes a number of amendments, including eliminating the duplicative USDA catfish inspection program.
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By SeafoodSource staff
16 May, 2013
Peruvian fishmeal and fish oil company Copeinca’s revenues and stocks have plummeted in 1Q 2013 compared to 2012.
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By SeafoodSource staff
15 May, 2013
Norwegian salmon producer Grieg Seafood reported a strong first quarter on a strong market and strong salmon prices.
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By Mark Godfrey, SeafoodSource contributing editor reporting from Beijing, China
15 May, 2013
Recently seen as going out of fashion, the processing industry is making a comeback in China. A decline in demand for luxury seafood in the country — caused by a clamp down on official waste and corruption — has dampened the outlook for one of China’s leading aquaculture and processor players.
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By SeafoodSource staff
15 May, 2013
Norwegian aquaculture technology firm Akva posted 1Q revenue and
earnings figures this week that are lower than 1Q 2012, yet executives
remain positive about the remainder of the year.
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By SeafoodSource staff
15 May, 2013
Ireland’s seafood industry has the potential to achieve EUR 1 billion (USD 1.3 billion) in sales by 2020 and create over 3,000 jobs through expansion into new markets.
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By SeafoodSource staff
15 May, 2013
Birds Eye owner Iglo Group named Elio Leoni Sceti as its new CEO, after Martin Glenn announced his resignation earlier this year.
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By SeafoodSource staff
14 May, 2013
The solidarity Prince Edward Island fishermen built to hold out for
better prices started to collapse Monday, prompting most lobster
fishermen to return to the water Tuesday morning ending a week-long
strike that paralyzed the industry.
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By SeafoodSource staff
14 May, 2013
Thai Union Frozen Products Plc (TUF), the world's largest tuna company,
sees little chance its bottom line will recover in the second quarter,
citing high raw material costs and the strong baht.
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By SeafoodSource staff
14 May, 2013
The Alaska Seafood Marketing Institute (ASMI) has named Alaska fisherman
and commercial fisheries activist Kevin Adams as its next chairman.
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By Christine Blank, SeafoodSource contributing editor
13 May, 2013
While millions of Americans dined out for Mother’s Day, numerous
families also grilled seafood or prepared seafood meals at home for mom.
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