Tokyo, Japan-based conglomerate Marubeni has sold subsidiary North Pacific Seafoods to the Canadian Fishing Company (Canfisco), pulling it entirely out of Alaska’s seafood production sector ...
Photo courtesy of North Pacific… Read More
Bergen, Norway-based Biomega Group will partner with Quality Salmon on the Quality Salmon Industry Park in Sotenäs, Sweden.
The ingredient supplier to the health and nutrition industry will be producing “human-grade protein products and salmon oil, together with high quality pet food, from all the side streams arising from salmon harvesting at site,” according to a press release.
“Biomega is proud to be chosen as the… Read More
Alfonso Paz-Andrade Rodríguez, the former CEO of Pontevedra, Spain-based Pescanova, died on Monday, 7 June in an automobile accident.
Paz-Andrade founded Vigo, Spain-based Ibercisa, a designer and manufacturer of deck machinery in 1969, and served as the company’s CEO until joining Spanish seafood firm Pescanova as CEO in 1977. He served in that position for 30 years, building the company into a global leader in the fishing… Read More
William J. Brandt, the president and CEO of financial restructuring and advisory firm Development Specialists, Inc. (DSI), is the court-appointed trustee overseeing the sale of China Fishery’s Peruvian assets, as part of its Chapter 11 bankruptcy proceedings. Unable to secure a sale of the assets, Brandt has signed off on a plan formulated by the company’s creditors to take over the company.
In an interview with SeafoodSource,… Read More
The five-year saga of the China Fishery Chapter 11 bankruptcy filing is likely over, with an agreement between the ownership group, its major creditors, and a court-appointed trustee set to be finalized on 9 June.
Hong Kong-based Pacific Andes International, China Fishery’s parent company, filed for bankruptcy in the United States on 30 June, 2016. Its most-valued assets were its holdings in Peru, organized under the corporate name CFG… Read More
Two of the founders of Del Pacifico Seafoods have left the company and are forming a new business focused on importing Fair Trade-certified seafood into the United States.
Del Pacifico Seafoods imports wild-caught shrimp from Mexico, primarily from eight artisanal shrimp cooperatives fishing along Mexico’s Pacific coast. The company led the fishery to enter a fishery improvement project and to obtain Fair Trade certification in 2016.… Read More
The Kingfish Company has hired local engineering service firm Ramboll to oversee pre-construction design and engineering of its recirculating aquaculture system farm in Jonesport, Maine, U.S.A. ...
Photo courtesy of the Kingfish… Read More
The Marine Stewardship Council has advanced its formal review of its fisheries standard, opening public consultations and planning a progress update to be delivered on 8 June, recognized as World Oceans Day.
The London, United Kingdom-based organization nonprofit, one of the largest seafood-focused eco-labeling schemes in the world, is reviewing its standards and processes with the dual aims of increasing its effectiveness and addressing… Read More
StarKist will be moving its corporate headquarters from Pittsburgh, Pennsylvania, U.S.A. to the U.S. state of Virginia in 2022.
The company, which has been based out of 225 North Shore Drive in Pittsburgh for the past 10 years, will be closing its office there by 31 March, 2022, and moving to the Washington D.C. metro area, according to a company statement. In a statement sent to SeafoodSource, StarKist said it would retain some jobs in the… Read More