Seafood supply chain industry news covering seafood distribution, processing, imports and exports and market analysis.
By SeafoodSource staff
12 April, 2013
NovaNam yesterday said the fact that its parent company, Pescanova, is filing for insolvency in Spain won’t impact on the subsidiary’s business in Namibia.
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By Mar Claramonte, SeafoodSource contributing editor, reporting from Barcelona, Spain
12 April, 2013
In the last month and a half, the image of a solid, exemplary
multinational that Pescanova had forged for itself over the course of
five decades has been replaced by one of a chaotic, poorly managed and
almost ruined company.
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By SeafoodSource staff
11 April, 2013
In a major development which will boost domestic production of export quality shrimp, the Rajiv Gandhi Centre for Aquaculture (RGCA) has developed a high quality variety — Litopenaeus Vannamei Broodstock — that is free of specific pathogens for the first time in India.
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By SeafoodSource staff
11 April, 2013
China Fishery Group on Thursday upped the stakes in its battle to acquire Copeinca with a new takeover offer that matches one from Cermaq.
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By SeafoodSource staff
11 April, 2013
Seafood exports are expected to reach USD 6.5 billion (EUR 4.9 billion) this year, a rise of 5 percent from 2012. The forecast was made by Deputy President of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Huu Dung.
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By SeafoodSource staff
11 April, 2013
The shrimp prices in Mekong Delta have been increasing rapidly, since Chinese have come to scramble for collecting shrimps with Vietnamese.
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By SeafoodSource staff
11 April, 2013
Norwegian aquaculture services and equipment provider Akva posted losses
of revenues and earnings in its 2012 annual report, but the company is
expecting changes in the market and a new acquisition to make for a
better 2013.
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By SeafoodSource staff
11 April, 2013
Latteno Food Corp., an investment portfolio company which acquires food product medical marijuana edibles and other related products, on Thursday announced it will enter the fresh seafood market.
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By Christine Blank, SeafoodSource contributing editor
11 April, 2013
Retail prices on halibut soared for the first week of Alaskan halibut season — which started 23 March — and overall remained strong because of supply challenges.
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By SeafoodSource staff
10 April, 2013
The poor mussel yield attributed to the dry summer has had an impact in Nelson but processors say it is just a part of the industry.
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By SeafoodSource staff
10 April, 2013
Following an emotional meeting in Harbour Breton on Wednesday 3 April, the members of the FFAW/CAW local voted 82 percent to accept a new three-year contract with Cooke Aquaculture.
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By SeafoodSource staff
10 April, 2013
After three years of consideration, West Coast federal fisheries managers on Tuesday unanimously adopted their first ecosystem approach to decisions on fishing seasons and catch quotas.
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By SeafoodSource staff
10 April, 2013
Three stories published today by the Tri-Parish Times & Business News in Houma, La., put the future of the Louisiana Seafood Promotion and Marketing Board in question.
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By SeafoodSource staff
09 April, 2013
A boost in exports to the European Union led to a record export value of
Norwegian salmon in the first quarter of 2013, according to the
Norwegian Seafood Council.
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By Mark Godfrey, SeafoodSource contributing editor reporting from Beijing, China
09 April, 2013
Chinese grouper farmers are being squeezed by numerous factors as sales dip nationwide: a slowdown in luxury spending, a decrease in imports facilitated by a free trade pact with southeast Asia and production outstripping demand.
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By SeafoodSource staff
09 April, 2013
Pescanova has only enough liquidity to cover payments to suppliers and pay taxes until 15 April in what has become a “dramatic and unsustainable” situation at the Spanish food processing company, which last week said it planned to seek protection from its creditors.
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By SeafoodSource staff
09 April, 2013
President Obama’s 2014 budget proposal would eliminate certain duplications within government programs, including overlaps in catfish inspections from three different agencies, according to the White House budget office.
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By SeafoodSource staff
08 April, 2013
Gov. Bobby Jindal has appointed Sarah Voisin of Houma, wife of the late seafood advocate Mike Voisin, to the Louisiana Seafood Promotion and Marketing Board.
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By SeafoodSource staff
08 April, 2013
Judges have pared a pool of 30 chefs down to 10 competitors in the Skuna Bay Taste of Derby contest.
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By SeafoodSource staff
08 April, 2013
China Fishery Group is still trying to figure out how to react to a move
by Oslo, Norway-listed Cermaq’s purchase of a controlling interest in
Copeinca’s shares.
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By Jason Holland, SeafoodSource contributing editor reporting from London
08 April, 2013
The latest issue of SeaFood Business explores the bitter international feud over quotas, which is undermining sustainability credentials and consumer appeal of Northeast Atlantic mackerel.
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By SeafoodSource staff
08 April, 2013
The Dungeness crab season that started out looking to be a bust has taken a surprising turn, with crabbers landing close to 17 million pounds in the first 12 weeks of the 8.5-month long season, said Hugh Link, director of the Oregon Dungeness Crab Commission.
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By SeafoodSource staff
05 April, 2013
Cermaq ASA has acquired more than 50 percent of the shares in Peruvian fish
and fishmeal producer Copeinca, putting an end to speculation that China
Fishery Group would buy enough shares to take it over.
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By SeafoodSource staff
05 April, 2013
Spanish fishing company Pescanova is filing for insolvency after a month of negotiations with creditors and boardroom battles failed to settle its future.
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By SeafoodSource staff
04 April, 2013
Ducktrap River of Maine on Tuesday announced plans for a major expansion that would increase the size of its seafood smoking and processing facility by nearly 50 percent, double the current processing capacity, and support the addition of 40 to 50 new jobs.
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