Cliff White is the executive editor of SeafoodSource. He has 15 years of experience as a professional journalist, including serving as the senior business reporter for the McClatchy-owned Centre Daily Times in State College, Pennsylvania, where he won state and national awards for his coverage of the development of the Marcellus Shale natural gas deposit and the Jerry Sandusky scandal.
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Alaska’s seafood processing sector is undergoing massive upheaval, but Silver Bay Seafoods sees the downturn as an opportunity, according to Abby Fredrick, the company's director of communications and investor relations.
The previous year has been a very difficult one for Alaska’s processing companies due to a downturn in seafood prices and higher costs. Trident Seafoods announced in December 2023 it was selling off a
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Utham Gowda is the CEO of Captain Fresh, a Karnataka, India-based online platform that matches seafood providers with retailers, facilitates e-auctions for sourcing, standardizes supplies, secures on-time payments, and uses digital traceability systems in its operations. Captain Fresh has expanded rapidly across India and has raised more than USD 100 million (EUR 93 million) in a series of funding rounds, including USD 25 million
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Cooke’s attempt to acquire a majority stake in Nueva Pescanova is no longer active, according to Fernando Zaldívar Kunz, the Pontevedra, Spain-based vertically integrated seafood firm’s group vice president of sales, marketing, and innovation.
Cooke entered into an exclusivity agreement with Abanca, Pescanova’s majority owner, to negotiate a purchase of an 80 percent stake in the company in April 2023,
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India is looking to grow its seafood exports by USD 4 billion (EUR ), setting a goal of USD 12 billion (EUR ) in annual export value by 2025. In its April 2022-March 2023 fiscal year, India achieved USD 8 million (EUR ) in seafood exports, with frozen shrimp accounting for USD 5.6 billion (EUR ), including USD 2.6 billion (EUR ) shipped to the United States. "The government intends to focus on value addition and supply to high-end markets while
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Silver Bay Seafoods has acquired Peter Pan Seafoods’ seafood processing facility in Valdez, Alaska, U.S.A. and will operate its other Alaska plans in 2024.
The agreement, announced 4 April, will see Silver Bay operate Peter Pan’s Port Moller and Dillingham facilities for the 2024 season, and then acquire them after the season ends. With Peter Pan’s closure of its King Cove plant in January 2024 and no announcement that it will
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Robert Wholey & Co. started its seafood business in the 1980s, claiming to be the first company to offer a bag of fish for retail customers in the United States.
When Lipari Foods acquired Wholey’s in 2007, the company had four SKUs of bagged fish – whiting, croaker, sea trout, and flounder.
“That was it. It was about as basic as it gets,” Lipari Foods Vice President of Seafood Joe VanZandt said. “Today, we
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