The volume of whole fresh salmon exported by Norway continued to slide last week as the preference for prepacked fillets among the country’s main markets gathered more momentum. In kroner terms, however, the price of whole salmon is now higher than a year ago, according to the latest trade update from the Norwegian Seafood Council (NSC).
In week 22, there was an 11 percent decrease in the overseas sales of whole fresh salmon compared to a… Read More
Having seen the international shellfish market eradicated by COVID-19, Scottish inshore fishers that usually target these fisheries have been granted access to alternative catching opportunities worth up to GBP 2 million (USD 2.5 million, EUR 2.2 million) …
Photo courtesy of Gill… Read More
The overall volume, value, and number of seafood products sold by U.K. grocery chains has increased over the past year, with particularly strong growth experienced by both the frozen and ambient retail categories, according to the latest Nielsen ScanTrack data …
Photo courtesy of Svetlana… Read More
Two mutually reinforcing strategies designed to create closer ties between European food producers, companies, and consumers, while establishing healthier and more competitively sustainable food systems, have been adopted by the European Commission.
In a press release announcing the adoption of the two strategies, the commission said that the COVID-19 crisis had “demonstrated how vulnerable the increasing biodiversity loss makes us and how… Read More
The COVID-19 pandemic has brought new considerations with regards to social distancing and travel restrictions, and these have had a significant impact on the monitoring, control, and surveillance of fisheries activities.
This is a particular worry for developing countries that are vulnerable to illegal, unreported and unregulated (IUU) fishing, and there’s evidence that these conditions – with fewer active inspectors and… Read More
KuulFoods, a retail arm of software developer KuulGroup, has unveiled a new sales solution specifically aimed at giving the means to increase online trade to U.K. seafood companies.
Funding for the platform was provided by the Fish on Friday’s COVID-19 Rapid Response Grant Program (RRGP), which was developed by the Fishmongers’ Company’s Fisheries Charitable Trust (FCFCT) and Seafarers UK to assist food charities, fishing… Read More
Iceland Seafood International hf (ISI) saw its sales ease off in March as COVID-19 disrupted operations, although its retail earnings strengthened and helped diminish the overall impact of the pandemic.
According to the Reykjavik-headquartered group’s first-quarter 2020 results, sales for the opening three months were down 11 percent year-on-year to …
Photo courtesy of Ververidis… Read More
Storebø, Norway-headquartered Austevoll Seafood ASA (AUSS) achieved revenues of almost NOK 5.86 billion (USD 584.3 million, EUR 535.3 million) in the first quarter of this year, up from NOK 5.56 billion (USD 554.4 million, EUR 507.9 million) in the corresponding period of 2019.
At the same time, the group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by NOK 43 million (USD 4.3 million, EUR 3.9… Read More
Citing high spot prices and a strong operational performance, SalMar achieved record operational earnings before interest and taxes (EBIT) of almost NOK 1.07 billion (USD 107.1 million, EUR 977.8 million) in the first quarter of this year, up from NOK 806 million (USD 80.7 million, EUR 73.7 million) in Q1 2019.
“For the SalMar Group, the first quarter was very good. We posted the highest-ever operational EBIT in the company’s… Read More
Shellfish growers and trout producers in Scotland are to receive a share of E.U./Scottish government funding totaling GBP 800,000 (USD 968,656, EUR 896,657), which has been allocated to help make business improvements that mitigate the impacts of the coronavirus pandemic.
The grants from the European Maritime Fisheries Fund (EMFF) to 11 aquaculture businesses include nearly GBP 100,000 (USD 121,082, EUR 112,082) for phase two of the expansion of… Read More