Business & Finance
The Jones Act waiver for America’s Finest is now heading to U.S. President Donald Trump.
On Tuesday, 27 November, the U.S. House of Representatives approved by voice vote the Coast Guard Authorization Act, concurring with the changes the U.S. Senate made in approving the bill two weeks ago.
The waiver, if the bill is signed into law by Trump, would allow Fishermen’s Finest to replace its two current fishing boats with America’s… Read More
Seven months after it announced its purchase of the Seattle Fish Company of New Mexico, Santa Monica Seafood is moving to integrate the firm into its regular operations.
The Seattle Fish Company of New Mexico name brand is being phased out as of 1 December, Santa Monica Seafood President and CEO Roger O’Brien said.
“We want to take advantage of Santa Monica Seafood’s stronger brand name as well as to minimize confusion… Read More
Daniel Myer Cohen, the founder and former CEO of Atlantic Capes Fisheries, passed away on 20 November.
Cohen, 63, died after battling cancer, according to an obituary published by Saving Seafood.
Cohen founded Cape May, New Jersey, U.S.A.-based scallop and clam-focused firm Atlantic Capes Fisheries in 1976, growing it into a vertically integrated firm with additional facilities in Maryland, Rhode Island, and Massachusetts.
In October 2018,… Read More
Chinese foodservice giant Joyvio, a subsidiary of Legend Holdings, announced on Sunday, 18 November that it will buy Australis Seafoods for USD 880 million (EUR 770 million).
Santiago, Chile-based Australis produced 64,000 metric tons of salmon last year – approximately nine percent of the country’s total salmon output – grown primarily in farms in southern Chilean Patagonia. It recorded USD 399 million (EUR 349 million) in… Read More
Long John Silver’s new chief operating officer will play a significant role in expanding the restaurant chain’s grilled menu items in 2019, according to the company.
The Louisville, Kentucky, U.S.A.-based operator of nearly 1,000 restaurants hired 25-year restaurant veteran Blain Shortreed, who will oversee internal company operator and restaurant development and lead franchise operations as LJS’s new COO.
“Long John… Read More
James Findlay will leave his position as CEO of the Australian Fisheries Management Authority (AFMA) and take up the role of Director at Parks Australia, AFMA has announced.
Findlay’s career in fisheries and resource management, aquaculture, and marine science spans more than 20 years. He first joined AFMA in 1999 as a fisheries manager and worked in both the Department of Agriculture and at AFMA in roles as a principal research… Read More
The crewmember who died aboard a deepwater factory vessel belonging to New Zealand-based seafood supplier Sanford on Wednesday, 14 November, has been identified as Steffan Antony Stewart by police, according to a recent report from news website Stuff.
Initial police reports said Stewart, 26, suffered a fatal injury aboard the Sanford vessel San Granit in the early morning hours. The incident is currently being investigated by the Transport… Read More
Preparations for Marine Harvest’s name change to Mowi and the launch of the supporting global brand took two years, company CEO Alf-Helge Aarskog has revealed.
Bergen, Norway-headquartered Marine Harvest wants the Mowi name change to be effective from 1 January, 2019. It will need to be approved by shareholders at an Extraordinary General Assembly, taking place on 4 December.
Speaking at the company’s Capital Markets Day in… Read More
Patrick Fahey, the co-founder of New Orleans, Louisiana-based AmeriPure Oysters, died suddenly on 1 November at the age of 65.
AmeriPure has long been one of the largest suppliers of Gulf of Mexico half-shell oysters. Fahey was an advocate for Louisiana oysters through the company, particularly in the wake of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico that threatened seafood in the region.
Well before the spill, Fahey… Read More
Aquafeed group BioMar has overcome strong competition in Norway and a warm European summer to deliver strong third-quarter results, almost outperforming the accumulated results of the previous two quarters.
With all markets except Norway performing above expectations, the company has raised its earnings before interest, tax, depreciation and amortization (EBITDA) for the full year.
Aarhus, Denmark-headquartered BioMar sold 367,000 metric… Read More